The Adaro Blog

Fitch affirms Adaro Indonesia at ‘BB+’; outlook stable
September 27, 2012, 1:26 pm
(The following statement was released by the rating agency)   Sept 25 – Fitch Ratings has affirmed coal producer PT Adaro Indonesia’s (Adaro) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BB+’. The Outlook is Stable. Fitch has also...
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Adaro Energy at Standard Chartered Earth Resources Conference Hong Kong
July 2, 2012, 1:26 pm
Below are pictures from Adaro Energy’s presentation at Standard Chartered Earth Resources Conference in Hong Kong.   
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Distribution of Cash Dividends
May 18, 2012, 1:24 pm
On April 27, 2012, the AGMS of Adaro Energy decided to pay final cash dividends for FY2011 of US$183,919,281.50 for 31,985,962,000 shares or US$0.00575 per share. In addition, the BOD and BOC of Adaro Energy on April 24, 2012 also decided to pay the first interim cash dividends for FY2012 of...
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Natural Gas and the Invisible Spill: How Much Methane Is Reaching the Atmosphere?
May 10, 2012, 1:22 pm
Original article from Time Science: http://www.time.com/time/health/article/0,8599,2111562,00.html     You wouldn’t know it from the news, but there’s a major fossil-fuel spill ongoing in the North Sea off the coast of Scotland. A leak from a gas platform...
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Announcement on Adaro’s Annual General Meeting of Shareholders
April 19, 2012, 1:19 pm
Annual General Meeting of Shareholders   Date                       : Friday April 27th, 2012 Time      ...
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Indonesia Says Report of Tax for Coal Exports Is ‘Premature’
April 10, 2012, 1:18 pm
Source: Bloomberg By Yoga Rusmana and Fitri Wulandari   April 4 (Bloomberg) — Indonesia isn’t formally discussing a suggestion from the Industry Ministry to tax exports of coal and minerals, according to government and industry officials. The Industry Ministry...
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Adaro Energy’s Barging Subsidiary MBP Secures a US$160 Million Seven Year Bank Loan
April 3, 2012, 1:21 pm
PT Adaro Energy Tbk is pleased to announce its wholly owned subsidiary PT Maritim Barito Perkasa (“MBP’), a barging company, secured a US$160 million, seven year (5.75 year average life), bank loan from a group of ten foreign banks. Announcing the transaction, which drew US$915 million...
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Xstrata, Tohoku set April coal contract around $115/metric tonne
April 3, 2012, 1:17 pm
Xstrata Plc (XTA.L) and Tohoku Electric Power Co (9506.T) have settled the first Japanese annual coal import contract for the fiscal year beginning April 1 slightly above $115 per metric tonne, sources told Reuters on Friday, a level which will likely be followed by Japan’s other...
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