Adaro

Adaro Digs Deep as Coal Industry Gets More Ugly

February 18, 2014, 10:53 am

Joko “Jokowi” Widodo, Indonesia’s president-elect, might represent a new dawn for the country in terms of improving infrastructure and tackling corruption but even he can’t control the coal price.

Adaro Energy 4Q13 Quarterly Activities Report for the three months ending December 31, 2013

February 5, 2014, 3:22 pm

Dear Capital Market Participants, Adaro Energy has today lodged to the Indonesia Stock Exchange and OJK our Quarterly Activities Report for the fourth quarter of 2013. Highlights of the quarter: We achieved our second best quarterly coal production of 13.59 million tonnes (Mt) to reach...

Adaro Energy 4Q13 Quarterly Activities Report for the three months ending December 31, 2013

February 5, 2014, 3:19 pm

Dear Capital Market Participants, Adaro Energy has today lodged to the Indonesia Stock Exchange and OJK our Quarterly Activities Report for the fourth quarter of 2013. Highlights of the quarter: We achieved our second best quarterly coal production of 13.59 million tonnes (Mt) to reach...

Japan Utilities Burn Record Thermal Coal in August

February 2, 2014, 10:50 am

Japan’s regional power monopolies consumed record volumes of thermal coal last month to generate electricity amid a complete shutdown of the nation’s 48 nuclear reactors, industry data showed on Friday.

Govt Choosing Coal Ports to Stymie Illegal Shipments

February 2, 2014, 10:47 am

The government has determined a number of locations to be used as dedicated coal harbors in an attempt to minimize the illegal delivery of the commodity, for which Indonesia is the world’s top producer and exporter.

GEBYAR HEALTHY FAMILY WITH Adaro Bangun Negeri Foundation (YABN)

January 30, 2014, 3:18 pm

“HEALTHY SANITATION FOR PROSPEROUS FAMILY” A warm and amicable atmosphere filled the Gedung Saraba Kawa, Tanjung last weekend (January 25th – 26th 2014) where almost 650 people enthusiastically attended and participated in a series of activities at the Gebyar Keluarga...

JCR Assigned BBB- Rating on PT Adaro Indonesia

January 21, 2014, 3:15 pm

JCR Assigned BBB- Rating on PT Adaro Indonesia Japan Credit Rating Agency, Ltd. (JCR) announces the following credit rating. Rationale (1) The rating primarily reflects PT Adaro Indonesia (AI)’s and PT Adaro Energy Tbk (the group)’s prominent position in Indonesia and...

Adaro Energy Receives Bronze Class Sustainability Award 2014 from RobecoSAM

January 21, 2014, 3:14 pm

RobecoSAM, one of the world’s most prominent sustainability investment groups awarded Adaro Energy with Bronze Class Distinction in the 2014 edition of RobecoSAM’s Sustainability Yearbook. Adaro Energy participated in RobecoSAM’s corporate sustainability assessment in 2013, and...

January 2014 Indonesia Coal Price Benchmark

January 10, 2014, 3:14 pm

The Indonesian benchmark coal price as published monthly by the Ministry of Energy and Mineral Resources. January’s guide price is US$81.90/ton (FOB). The detailed PDF document, downloadable here, contains benchmark prices for main coal types and detailed sample prices for all...

Adaro Reaches Out to Local Nursing Home

January 8, 2014, 3:12 pm

Adaro reaches out at the Sasana Tresna Werdha Karya Kasih Kwitang during Christmas 2013 Did you know that Angklung is a musical instrument that originated from Indonesia and has been played by the Sundanese for many centuries? On Dec 7th, 2013, we supported a local nursing home, Sasana Tresna...

Merry Christmas 2013 & Happy New Year 2014!!!

December 20, 2013, 3:11 pm

Season’s Greetings!!! Adaro would like to wish you a Merry Christmas 2013 and Happy New Year 2014!!!

Adaro Indonesia Team Pitches In to Give Jakarta a Clean-Up

November 20, 2013, 3:10 pm

A 70-strong team of Adaro Indonesia staff rolled up their sleeves and got to work on a recent Sunday for the inaugural Clean Up Jakarta Day. Organized by Jakarta Expat magazine, what is planned to be an event aims to draw attention to the massive amounts of ugly and unhealthy trash...

November 2013 Indonesia Coal Price Benchmark

November 15, 2013, 3:06 pm

From this month, we will be posting the details of the Indonesian benchmark coal price as published monthly by the Ministry of Energy and Mineral Resources. November’s guide price is US$78.03/ton (FOB). The detailed PDF document, downloadable here, contains benchmark prices for...

FT: Indonesia’s Economy Faces Gathering Headwinds

November 11, 2013, 3:08 pm

The Financial Times reported recently on slowing GDP growth and its implications for Indonesia’s economy. Read the article on the paper’s website here (sign-in required). Indonesia’s Economy Faces Gathering Headwinds By Ben Bland, Jakarta,...

‘Indonesia: From Volatility to Stability’

November 11, 2013, 3:03 pm

The Financial Times reported recently on slowing GDP growth and its implications for Indonesia’s economy. Read the article on the paper’s website here (sign-in required). Indonesia’s Economy Faces Gathering Headwinds By Ben Bland, Jakarta,...

3Q13 Activities Report and 9M13 Financial Statements Released

October 31, 2013, 2:59 pm

Dear Capital Market Participant, We have today lodged the following announcements to the Indonesia Stock Exchange: 1) 9M13 Financial Statements and Notes 2) Financial Press Release 3) 3Q13 Quarterly Activities Report All of our announcements are now available from the home page of our...

Adaro Takes Part in Canada-ASEAN Business Forum

October 16, 2013, 2:58 pm

Adaro Energy’s investor relations team was pleased recently to have a presence at the Canada-ASEAN Business Forum in Singapore, the inaugural event from the newly formed Canada-ASEAN Business Council. The Forum on October 8 and 9 brought together over 200 business leaders and senior...

J-Power Indonesia plant in limbo: Japan Times

October 10, 2013, 2:57 pm

On the same day as Japanese Prime Minister Shinzo Abe’s remarks earlier this week over delays to the Central Java Power Plant, the Japan Times reported on a 12-month postponement of the financing deadline for the...

Euromoney: Adaro fuels Asia’s hunger for power

October 10, 2013, 2:55 pm

Euromoney reporter Kanika Saigal recently spent time in Indonesia on a fact-finding trip, and visited our mining operations in South Kalimantan as part of a focus on the coal and commodities sector. Here is her report, published in Euromoney’s October...

Japanese PM puts heat on Indonesia over stalled power plant

October 9, 2013, 2:53 pm

A report from Tuesday’s Jakarta Post describes Japanese Prime Minister Shinzo Abe, in Bali for the recent APEC summit, calling for an end to delays over the 2×1,000MW Central Java Power Plant...

Japanese Power Utilities’ Coal Burning Rises to Record in August

September 23, 2013, 2:51 pm

A Bloomberg report from Sep. 13 on an increase in coal use by Japanese power providers: By Tsuyoshi Inajima, Tokyo — Japan’s regional utilities consumed a record volume of coal while cutting their use of higher-priced fuel oil and crude, according to the Federation of Electric...

Burned by China, Indonesia coal miners turn to power stations

September 23, 2013, 2:50 pm

A Reuters report on the progress of Indonesian mining companies’ expansion into electricity generation: Janeman Latul and Fergus Jensen, Jakarta, Sep. 17 — Two of Indonesia’s biggest miners are building power stations to reignite coal demand and counter a drop in global...

China’s August electricity consumption rises 6.8% on year: NEA

August 23, 2013, 2:52 pm

A report published on Sep. 17 by Platts, the global energy analyst, notes figures that show fast-rising energy demand in China: China consumed 510.3 billion kWh of electricity in August, up 6.8% year on year, according to data released by the National Energy Administration Saturday. Of the...

When Will India Eclipse China as World’s Biggest Coal Power?

July 18, 2013, 2:49 pm

India’s coal consumption has reached three-decade highs, Bloomberg reports: Rakteem Katakey, New Delhi, Jun. 28, 2013 — India is burning coal in power plants at the fastest pace in 31 years. At the same time, domestic supplies of natural gas that are the main alternative...

Download Free Adaro Energy Annual Report 2012 Tablet App

July 15, 2013, 2:46 pm

Adaro Energy this year produced its first tablet app version of its annual report alongside its print and PDF versions as part of its continual drive to keep investors informed in the most practical ways possible. The Adaro Annual Report 2012 App is now available for FREE download on your iPad...

China’s Coal Import Ban Plan About to Be Shelved: Traders

July 5, 2013, 2:45 pm

China’s twice-revised proposal to ban some imports of lower calorific value thermal coal, predominantly from Indonesia, and some US higher-sulfur thermal coal, was close to being suspended as a pretext to being quietly dropped, according to market sources Thursday. Reports began filtering...

Foreign Funds Erase Inflow Into Indonesia Stocks This Year

July 2, 2013, 2:44 pm

Bloomberg reports that investment in Indonesia has turned to a net outflow for this year. Here is the full article from June 25: Foreign fund flows into Indonesian equities turned negative for the first time this year after investors pulled money from the stock market for a 22nd...

Indonesia to Add 57GW of Power Generation by 2021: Ministry

June 25, 2013, 2:44 pm

Indonesia will develop about 57 gigawatts, or 57,000 megawatts, of additional power generation capacity by 2021, Bloomberg reported the Energy and Mineral Resources Ministry as saying in a presentation in Jakarta today. State-owned utility Perusahaan Listrik Negara will develop 53% of new...

China’s NEA and utilities tweak ‘ban’ to reduce CV, increase sulfur

May 31, 2013, 2:43 pm

Source: Platts Coal Trader International, May 31, 2013 Speculation was rife Thursday that China’s National Energy Administration (NEA) might have reached an agreement with the country’s power utilities to impose a ban on low calorific value coal imports, but with tweaks to the...

NTPC Coal Imports Said to Double on Shortage: Corporate India

May 27, 2013, 2:42 pm

Source: Bloomberg By Rajesh Kumar Singh May 27 (Bloomberg) — NTPC Ltd., Asia’s second-biggest power utility by value, will almost double purchases of coal from outside India this fiscal year to curb fuel shortages at its plants, said two company officials familiar with the...

Coal sector: Possible curb on imports may provide brief relief

May 27, 2013, 2:41 pm

Source: Bloomberg Analyst: Cho Fook Tat (ft.cho@htisec.com) It has been rumored that the National Energy Administration is seeking advice from the industry in relation to the plan to restrict imports of low quality coal. According to the rumor, the imported coal should meet the following...

Adaro Energy’s 1Q10 production volume increased 26% to 11.36 million tonnes

May 4, 2013, 2:40 pm

Adaro Received Stevie Awards in the 2014 Asia-Pacific Stevie Awards.

April 29, 2013, 3:33 pm

Indriani Herlianti, a Mine Planning Engineer from Adaro, received Stevie Awards in the 2014 Asia-Pacific Stevie Awards. Click the following link to see detail winners.

Hearing-Impaired Kids Brought Into a World of Sound

April 16, 2013, 2:39 pm

Link to source: http://www.thejakartaglobe.com/blogs/hearing-impaired-kids-brought-into-a-world-of-sound/585436 Hearing-Impaired Kids Brought Into a World of Sound by Rulan Melvianie For a mother, hearing her child’s first words is a monumental moment. What makes that moment even...

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...

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...

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...

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...

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...

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.

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...

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...

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...

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...

Indonesia’s 2013 Coal Output May Rise 5.2%

February 26, 2013, 1:53 pm

Jakarta Globe February 20, 2013 link to source: http://www.thejakartaglobe.com/business/indonesias-2013-coal-output-may-rise-52/572809 Coal output from Indonesia, the world’s largest exporter of the fuel for power-stations, may rise by 5.2 percent this year. The country may...

Happy Chinese New Year

February 8, 2013, 1:52 pm

On behalf of Adaro Energy’s Management, we wish you “Happy Chinese New Year 2013” Wishing You Abundance of Good Health, Wealth and Happiness in This New Year! Gong Xi Fat Cai !! Xin Nian Kuai Le.Zhù Ni Shenti Jiànkäng, Quanjiä...

Adaro CEO Says Coal at $100 a Ton ‘Is the New Normal’

February 1, 2013, 2:47 pm

Adaro CEO Garibaldi Thohir spoke to Bloomberg recently to outline the environment facing coal majors in Southeast Asia. Here is the text of the interview with reporters Fitri Wulandari and Harry Suhartono on May 21: PT Adaro Energy, Indonesia’s second- biggest producer of power-station...

Adaro Energy: 4Q Coal Production +7% on Year to 13.31 Million Tons

February 1, 2013, 1:43 pm

Adaro Energy: 4Q Coal Production +7% on Year to 13.31 Million Tons Link to story: http://www.foxbusiness.com/news/2013/02/01/adaro-energy-4q-coal-production-7-on-year-to-1331-million-tons/ I Made Sentana: i-made.sentana@dowjones.com JAKARTA–PT Adaro Energy...

Season’s Greetings from Adaro’s IR Team

December 23, 2012, 1:41 pm

Adaro Receives Gold PROPER Award

December 10, 2012, 1:40 pm

We are pleased to announce that our subsidiary, PT Adaro Indonesia, received Gold PROPER Award from the Ministry of Environment, Republic of Indonesia for the year 2011—2012. PROPER is one of Ministry of Environment’s flagship programs to encourage compliance towards environmental...

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