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| English | Indonesia | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PT Adaro Indonesia
PT Adaro Indonesia - Adaro Energy’s coal mining operations have been conducted by PT Adaro Indonesia from its coal concession area in South Kalimantan since 1992. Adaro Indonesia operates under a first generation Coal Cooperation Agreement “CCA” with the Government of Indonesia which is valid until 2022 with rights to extend by mutual consent. The Company has been mining from the Tutupan deposit since 1998 and commenced preliminary overburden stripping from the Wara mine this year. The planned stripping ratio for Tutupan mine is 5.0 bcm/tonne and for Wara is around 2 bcm/tonne. The Group is considered to be among the lowest cost coal producers in the world, the top five thermal coal exporter and the largest thermal coal supplier to the domestic market based on tonnes delivered. Adaro Indonesia has consistently increased production every year since beginning commercial operations in 1992, evidence of the skills and experience of the original management including Alastair Grant (marketing) and Chia Ah Hoo (operations) and others, who continue to run the core aspects of Adaro Indonesia’s operation. Approximately, 85% of Adaro Energy’s EBITDA comes from Adaro Indonesia; however, the contribution from other subsidiaries will increase as they grow and become more profitable.
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