JAKARTA (RambuEnergy) – PT Adaro Energy Tbk, together with EMR Capital (EMR), a specialist mining private equity manager, have entered into a binding agreement to acquire Rio Tinto's 80% interest in the Kestrel coking coal mine for US$2.25 billion, Adaro said in a statement. The Kestrel mine is located in the Bowen Basin, the world's premier metallurgical coal region.

Two months later, the producer bought 35 percent stake of Servo Meda Sejahtera, an integrated coal logistics services provider in South Sumatra. In 2011, there is a 10-year US$750 million club loan for Adaro Indonesia which was controversial in the loan market, judging the maturity of the deal.

Sources: Indonesian Coal Mining Association (APBI) & Ministry of Energy and Mineral Resources. During the 2000s commodities boom the coal mining industry was very lucrative as coal prices were comfortably high. Hence, many Indonesian companies and wealthy families decided to acquire coal mining concessions on Sumatra or Kalimantan in the late ...

Oct 18, 2011· Adaro Buys 35 Percent Of Coal Logistics Services Provider in Sumatra. ... ("ATA"), signed a deed of transfer shares to acquire a 35% interest in PT …

Adaro Energy sells 35pct stake in Servo Meda for USD 2513 million Indonesian coal producer Adaro Energy has sold 35 of its stake in PT Servo Meda Servo Meda which provides integrated coal logistic services in South Sumatra was sold to PT Jatenergy st to open Jongkang coal mine in Indonesia 1 billion HK offer LL Energy to buy majority stake in Lashu coal mine in Guizhou.

PT Adaro Energy Tbk is a leading Indonesian coal mining company and Indonesia's second-largest producer of thermal coal. Adaro Energy has developed into a vertically integrated organization, with pit-to-power subsidiaries including mining, barging, ship-loading, dredging, port services, marketing and power generation.

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Adaro Buys 35% of South Sumatra Integrated Coal Mining Services Provider for Rp200 Billion Jakarta, October 12th, 2011 – PT. Adaro Energy Tbk (IDX – ADRO) is pleased to announce that on October 10th, 2011 its subsidiary, PT. Alam Tri Abadi ("ATA"), signed a

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Adaro Energy Sells 35% of South Sumatra Integrated Coal Logistic Services Provider for US$25.13 Million: October 6, 2011: Execution of Long-Term Power Purchase Agreement for a New 2GW Coal-Fired IPP Project in Indonesia: August 23, 2011: Adaro Energy Buys 75% of Coal Mining Company PT Mustika Indah Permai for US$222.5 Million: August 15, 2011

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In 2018 Adaro Energy's sales are estimated to rise to USD $3.80 billion, from an estimated USD $3.46 billion in the preceding year. Regarding the company's coal mining activities, coal production is estimated to rise to 54 million tons in full-year 2018, from an estimated 52 million tons in 2017 in line with improving weather conditions.

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Indonesian coal producer Adaro Energy sold 35% of its stake in Servo Meda Sejahtera for USD 25.13 million. Servo Meda, which provides integrated coal logistic services in South Sumatra, were sold ...