The Adaro Blog

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...
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Larangan Ekspor Mineral Mentah Tak Dongkrak Harga Batubara
August 5, 2014, 10:03 am
Gejolak larangan ekspor mineral mentah dan batubara (minerba) yang diberlakukan pemerintah Indonesia sejak Januari tahun ini ternyata masih berbuntut panjang.
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Indonesian Thermal Coal Prices Largerly Stable Due to Holidays
August 5, 2014, 10:02 am
Indonesian thermal coal prices remained largely stable Tuesday as many market participants in Indonesia were away from their desks due to Ramadan holidays set to last until August 4, sources said Tuesday.
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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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EURO COAL-Prices fall on oversupply, weak energy demand
August 3, 2014, 10:30 am
Thermal coal prices dropped on Tuesday as oversupply continued to weigh on a market suffering from waning European and Chinese demand which also pulled crude oil contracts lower.
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1H14 Results Release Date
July 23, 2014, 10:01 am
Dear all, We will release our 2Q14 Quarterly Activities Report on Monday, August 4th 2014. Meanwhile, we plan to release our 1H14 Financial Statements & Notes (limited review) and the accompanying financial press release on Thursday, August 28th 2014. We will send the invitation shall...
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Indonesia’s Likely Next Govt Plans to Cut Fuel Subsidies in First 100 Days-VP candidate
July 22, 2014, 10:00 am
The top priority of Indonesia’s likely next government will be to cut fuel subsidies to control the country’s widening budget deficit, a move it hopes to accomplish within the first 100 days in office, the vice presidential candidate said on Saturday. Energy subsidies, which mainly...
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Chinese Market Sees Room to Import Low-CV Indonesian Thermal Coal
July 22, 2014, 9:59 am
Indonesian thermal coal suppliers were seeing some room for low-CV coal to be imported into the Chinese market, due to low domestic prices that had priced out seaborne cargoes of mid- to high-cv coal, sources said on Monday.
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Indonesia’s Thermal Coal Demand To Double By 2022
July 22, 2014, 9:59 am
Indonesia’s demand for thermal coal is expected to double by 2022 to help meet its annual growth in electricity demand of around 8.4 per cent, Vietnam News Agency (VNA) reported the state-run power group Perusahaan Listrik Negara (PLN) as saying.
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Hungry U.S. Power Plant Turns to Russia for Coal Shipment
July 17, 2014, 9:57 am
When New Hampshire’s largest utility needed to rebuild coal supplies after the past frigid winter, it turned to Russia rather than Appalachia in the U.S. Northeast or Wyoming’s Powder River Basin.
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