Adaro Buys Of S Sumatra Integrated Coal Mining Services

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PT Adaro Energy Tbk is an Indonesia-based company engaged in integrated coal mining through its subsidiaries. Its business activities include mining, barging, shiploading, dredging, port services, marketing and power generation.

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The miner controls concessions in Sumatra and Kalimantan with an estimated 1.1 billion tons of coal reserves, roughly 3.9 percent of Indonesia's total coal reserves. Most of Adaro Energy's coal constitutes low calorie coal between 4,000 and 5,000 kilo-calorie per gram.

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In August 2011, Adaro Energy had a 75 per cent stake in Mustika Indah Permai, South Sumatra. Two months later, the producer bought 35 percent stake of Servo Meda Sejahtera, an integrated coal logistics services provider in South Sumatra.

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Adaro Buys 35% of South Sumatra Integrated Coal Mining Services Provider for Rp.200 Billion October 12, 2011, 9:04 am | Admin For more information, please click here.

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