The Adaro Blog

JFY price settled at $95/t
April 15, 2013, 2:39 pm
Xstrata and Japanese power utility Tohoku have settled April-start thermal coal benchmark pricing at $95/t FOB, $20 less than last April’s settlement of $115/t FOB. Since negotiations began earlier this year, spot pricing for Newcastle spec coal has dipped to current levels around...
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Agenda for AGMS
April 11, 2013, 2:36 pm
Dear Shareholders, Please find below the agenda for Adaro Energy’s upcoming Annual General Meeting of Shareholders (AGMS). The AGMS will be held on Friday April 19, 2013 at Balai Kartini, Jakarta. Approval of the Company’s annual report and the ratification of the...
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Analysis: The Sun Is Rising On Coal
April 11, 2013, 12:39 pm
Is the sun going down on Coal? not according to Peter Bradley (ex Goldman Sachs). Bradley set up Javelin Global Commodities in June last year. He has partnered with Murray Energy, E.ON and a few other ex commodity traders from Goldman Sachs. Together, they hope to take up the slack as major...
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Adaro Energy won Millennium Development Goals (MDG) Award
April 4, 2013, 2:35 pm
On 26 March 2013,  PT Adaro Energy Tbk, won an Indonesia MDG Award for the category of private company in recognition of its HIV AIDS and infectious diseases eradication program. The award, organized by the Office of the Special Envoy on Millennium Development Goals of the President of...
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Adaro Energy’s FY12 Results Conference Call
March 25, 2013, 2:38 pm
Dear Capital Market Participant, You are invited to attend a conference call. ___________________________________________________________ CONFERENCE DETAILS Meeting title:          Adaro Energy?s FY12 Financial...
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Notice of Annual General Meeting of Shareholders
March 22, 2013, 2:34 pm
To all shareholders of Adaro Energy, herewith we announce that the company is to hold its Annual General Meeting of Shareholders in Jakarta on Friday, April 19, 2013.] The call for meeting will be announced on April 4, 2013 in two daily newspapers.
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From Bloomberg: (BNP Paribas) Adaro Energy – Another leg down
March 18, 2013, 2:33 pm
ADARO ENERGY – Another leg down   Higher-than-planned stripping cost may be expensed We highlight the likelihood of Adaro choosing to expense its higher-than-planned strip ratio rather than capitalising as a deferred stripping cost. Adaro reported its actual full-year blended...
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From Bloomberg: (Deutsche Bank) Adaro Energy alert FY12: expensing mining cost
March 18, 2013, 2:01 pm
Deutsche Bank : Adaro Energy Alert : FY12: expensing mining cost; Maintain FY13 assumptions: FY12: expensing mining cost; Maint   Synopsis: *We adjust FY12 to expense actual stripping cost   Company indicates that its policy is to generally have the actual strip ratio as...
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RI coal production may reach 391 million tonnes this year
March 1, 2013, 2:00 pm
RI coal production may reach 391 million tons this year Friday, March 01, 2013 – 09:11AM GMT+7 With the upward trend in the production level in January, the government is optimistic that Indonesia’s total coal production will reach 391 million tons this year, a 1.3 percent...
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Indonesia 2013 Coal Exports Seen Rising 6.5%
March 1, 2013, 1:54 pm
link to source: http://www.thejakartaglobe.com/business/indonesia-2013-coal-exports-seen-rising-65/579735 Indonesia’s coal exports are expected to rise to 330 million tons in 2013, up 6.5 percent from a year ago, the chairman of the Indonesia Coal Mining Association said on...
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