The Adaro Blog
Indonesia Mine Start Up Much Quicker Than Aust
August 22, 2014, 10:08 am
Peter Lynch can tell you exactly the difference between setting up a mine in Indonesia and Australia — the former takes four years; the latter somewhere between seven and 10.
And the cost of producing coal from Indonesia is about two-thirds that from Australia.
Mr Lynch is in a position...
Wind and Solar Power are Even More Expensive Than is Commonly Thought
August 15, 2014, 10:06 am
SUBSIDIES for renewable energy are one of the most contested areas of public policy. Billions are spent nursing the infant solar- and wind-power industries in the hope that they will one day undercut fossil fuels and drastically reduce the amount of carbon dioxide being put into the atmosphere. The...
Indonesia Wants to Regulate Coal Deals
August 8, 2014, 10:37 am
Indonesia has raised concerns about suspected coal deals struck between overseas buyers and its unregistered domestic miners.
A top official of the Indonesian embassy in New Delhi today said efforts were underway to ensure that all royalties and outstanding taxes were settled. This will...
Miners Turn to Vehicle Assembly Lines in Drive to Cut Costs
August 5, 2014, 10:05 am
GLOBAL miners have scoured deserts, mountains and jungles for resources to rev up their profits. More recently, the search has taken them to a different environment: the factory floor.
Car production lines and machinery that sorts rice could help companies such as Rio Tinto and BHP Billiton...
Indonesian President-Elect Unveils High-Powered Transition Team
August 5, 2014, 10:04 am
Indonesia’s president-elect Joko Widodo on Monday announced a high-powered advisory team to handle his transition to power as he prepares to take over the top job in the world’s third-largest democracy later this year. The five-member “transition office” will lead a team of...
Adaro has today lodged its 2Q14 Quarterly Activities Report
August 4, 2014, 10:02 am
Highlights of the quarter:
We produced 13.84 million tonnes (Mt) during the quarter. We are on track to achieve our production guidance of 54Mt to 56Mt for 2014.
We continued to see solid demand for our coal during the quarter. We sold 14.47Mt, a 4% increase compared to the...
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