The Adaro Blog
Indonesia Says Report of Tax for Coal Exports Is ‘Premature’
April 10, 2012, 1:18 pm
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...
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...
Global carbon growth stalls as US coal continues to slump
November 14, 2011, 10:13 am
Declining consumption of coal in the US last year played a significant role in keeping down global emissions of carbon dioxide, according to a new report.
The Global Carbon Project annual analysis shows that CO2 emissions were almost flat for the third year in a row, despite a rise in economic...
Indonesian billionaire Anthoni Salim digging for coal assets
November 10, 2011, 10:14 am
Rio at a glance
The company of Indonesian billionaire Anthoni Salim is believed to be scanning the Australian market for coalmining assets, with some questioning whether it could end up with some of Rio Tinto’s portfolio on Australia’s east coast, thought to be worth about $2...
Adaro Receives US$1 billion Commitment for Landmark 10 year Bank Loan
May 30, 2011, 1:14 pm
Adaro Indonesia, a principal subsidiary of Adaro Energy, today announced a landmark 10 year bank transaction of US$750 million. Announcing the transaction, the Group CFO David Tendian said, “we are very thankful to the key relationship banks who supported this transaction with a commitment of...
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