Adaro Energy Completes JORC Report for Mustika Indah Permai, Coal Reserves Estimated at 272.6 Million Tonnes

March 22, 2012, 11:04 am | Admin

PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce the Australasian Joint Ore Reserves Committee (“JORC”) Compliant Coal Resources and Reserves estimates for its subsidiary PT Mustika Indah Permai (“MIP”) property located in the Kabupaten of Lahat, South Sumatra. Adaro Energy announced it had acquired a 75% equity interest in MIP on August 23rd, 2011. As of December 15th, 2011, the total JORC Compliant Coal Resources for MIP were estimated at 286.4 million tonnes (Mt) of which 272.6 Mt are the estimated JORC Compliant Coal Reserves.

General Media:
For further information, please contact:
Devindra Ratzarwin
Corporate Secretary
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: corsec@ptadaro.com

Financial Media:
For further information, please contact:
Mr. Cameron Tough
Head of Investor Relations
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: cameron.tough@ptadaro.com

Last modified on January 30, 2017, 11:05 am | 2426