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Fuel Procurement
Adaro recently began to procure fuel for its mining contractors and will continue to do so. On a selective basis, Adaro enters into fuel hedging contracts for its fuel requirements. These hedging contracts are periodically entered into for the required supplies for the next three to six months. Adaro is able to secure an efficient fuel rate by purchasing the fuel in bulk and has also been working with its contractors to economize on the usage of fuel in the mining operations.
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