The Adaro Blog

Commodities to Rally on Fed’s ‘Game Changer,’ UBS Forecasts
October 25, 2010, 12:58 pm
By Chanyaporn Chanjaroen Oct. 19 (Bloomberg) — Commodities will rally if the U.S. Federal Reserve eases monetary policy next month, according to UBS AG, which describes a likely second round of quantitative easing as a “game changer” for copper, gold and palladium. The...
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Indonesia Coal Output Reaches 90% of 2010 Estimate
October 15, 2010, 12:58 pm
From Bloomberg: Indonesia Coal Output Reaches 90% of 2010 Estimate (Update1) 2010-10-14 09:54:24.416 GMT (Adds 2011 forecast in second paragraph.) By Bambang Djanuarto   Oct. 14 (Bloomberg) — Indonesia’s coal production reached 280 million tons at the end of...
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Adaro wins Best High Yield Bond from Asiamoney
October 13, 2010, 11:57 am
We are delighted to inform you that Adaro Indonesia’s US$800 million 7.625% bonds due 2019 have won the “Best High Yield Bond” from Asiamoney…http://www.asiamoney.com/Article/2359148/Channel/18879/Asias-best-deals-of-2009-high-yield-bond.html  (will need to be a...
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China Coal Prices Rise for First Time in 4 Months
September 30, 2010, 12:56 pm
By Bloomberg News Sept. 30 (Bloomberg) — Coal prices at Qinhuangdao, a Chinese benchmark, rose for the first time in four months as bad weather hampered supplies and power stations replenished inventories depleted during summer. The price of power-station coal with an energy value of...
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Komatsu Seeks Bio-Diesel Customers in Asia, Africa
September 6, 2010, 12:55 pm
From Bloomberg: Komatsu Seeks Bio-Diesel Customers in Asia, Africa By Masumi Suga and Yasumasa Song - Sep 1, 2010 3:52 PM GMT+0700   Sept. 1 (Bloomberg) — Komatsu Ltd., the world’s second- largest maker of mining trucks and excavators, plans to seek more...
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Adaro Energy’s 2009 Annual Report makes it on to the Global 300 List of Best Annual Reports
September 1, 2010, 12:53 pm
Adaro Energy’s 2009 Annual Report makes it on to the Global 300 List of Best Annual Reports by Reportwatch   Out of the Global 300 List of Best Annual Reports by Reportwatch, Adaro Energy was one of the only fourty nine companies from Asian countries, the only...
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August 19, 2010, 12:52 pm
From JakartaGlobe.com: ‘Super-Extreme’ Weather Is the Worst on Record Nurfika Osman | August 19, 2010   Jakarta. Indonesia has been experiencing its most extreme weather conditions in recorded history, meteorologists warned on Wednesday as torrential rains...
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Adaro Energy Annual Report Ranked 21st by LACP Vision Awards Annual Report Competition
July 13, 2010, 12:50 pm
Adaro Energy is pleased to announce that it has been selected as one of the winners in LACP’s 2009 Vision Awards Annual Report Competition.   League of American Communications Professionals (LACP) is the world’s largest annual report competition where...
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China’s Jan-May coal imports jump 114 pct on robust industrial
July 5, 2010, 12:49 pm
From Bloomberg BEIJING, Jul 04, 2010 (Xinhua via COMTEX) — China’s coal imports surged 114.3 percent year on year to 68.98 million tonnes in the Jan.-May period on the back of strong industrial demand, the Ministry of Industry and Information Technology (MIIT) said Monday. In a...
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Indonesia Cancels Letter of Credit Rule for Commodity Exports
July 5, 2010, 12:48 pm
From Bloomberg: By Yoga Rusmana June 28 (Bloomberg) — Indonesia, the biggest palm oil producer, canceled rules that required all commodity exporters to use letters of credit for shipments exceeding $1 million, as foreign exchange reserves have increased. “The existing export...
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