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PT Adaro Indonesia

Priyadi, General Manager Operations
Priyadi graduated with a degree in Mining Engineering from UPN Yogyakarta and has been with Adaro since 1991 where he has held various posts including Production Superintendent, Senior Planning Engineer, Administration Manager and General Manager External Affairs. Prior to joining Adaro he was with PT Tanito Harum. He is currently General Manager Operations as well as Head of Mining Engineering.

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.

PT Adaro Indonesia 2005 2006 2007 2008 2009
Key Financial Highlight (in US$)
Total Assets 1,270,358,449 1,282,558,518 1,113,451,006 1,285,154,748 2,308,072,870
Total Liabilities 1,166,753,846 1,211,767,421 1,006,701,805 1,029,304,944 1,848,742,717
Interest Bearing
Debt 
898,344,657 855,103,268 550,000,000 520,387,077 1,208,941,304
Total Equity 103,604,603 70,791,097 106,749,197 255,849,805 459,330,153
Net Sales 697,086,053 1,003,221,834 1,146,339,836 1,617,765,114 2,406,903,867
Operating Statistics
Sales Volume
(‘000 tonnes)
26,094 34,455 36,576 39,798 41,080
Production Volume
(‘000 tonnes)
26,613 34,285 36,078 38,524 40,590