Press Release

JPower-Adaro-Itochu Consortium (of Which Adaro Energy is a Member) Receives Letter of Intent for a New 2,000 MW Coal-Fired IPP in Indonesia
June 20, 2012, 11:28 am
PT Adaro Energy Tbk (IDX: ADRO) (headquartered in Jakarta, Indonesia; Garibaldi Thohir, President Director) (“ADARO”), Electric Power Development Co., Ltd. (headquartered in Chuo-ku, Tokyo; Masayoshi Kitamura, President) (“J-POWER”), and ITOCHU Corporation (headquartered in...
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Adaro Plans To Buy Controlling Stake In Bhakti Energi
May 30, 2012, 1:25 pm
Link to article: JAKARTA -(Dow Jones)- Coal company PT Adaro Energy (ADRO.JK) said Wednesday it has signed a pact to acquire a controlling stake in unlisted coal miner PT Bhakti Energi Persada. Adaro said in a...
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Adaro Energy Signs Three-Year Option Agreement to Lend Funding and Acquire Controlling Interest in Coal Miner PT Bhakti Energi Persada
May 30, 2012, 10:48 am
PT Adaro Energy Tbk (“company”) (IDX : ADRO) is delighted to announce that on May 28th, 2012 in Jakarta, it entered into an option to provide a convertible loan for a period of three years (referred to below as Option One), to acquire a controlling interest in coal miner PT Bhakti...
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Adaro Energy’s Barging Subsidiary MBP Secures a US$160 Million Seven-Year Bank Loan
May 3, 2012, 10:54 am
PT Adaro Energy Tbk is pleased to announce its wholly owned subsidiary PT Maritim Barito Perkasa (“MBP’), a barging company, secured a US$160 million, seven year (5.75 year average life), bank loan from a group of ten foreign banks. Announcing the transaction, which drew US$915 million...
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PT Adaro Energy Tbk is the first company in Indonesia to implement Microsoft SQL Server 2012
May 3, 2012, 10:51 am
PT Adaro Energy Tbk, Indonesia’s second largest thermal coal producer, operator of the largest single coal mine in Indonesia, and a significant supplier to the domestic and global seaborne thermal coal market, has chosen to implement Microsoft SQL Server 2012, the next version of...
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Adaro Energy Distributes Final Cash Dividend US$259.09 Million, the Highest Dividend since IPO
April 27, 2012, 10:56 am
Jakarta, April 27th, 2012 – PT Adaro Energy Tbk (“company”) (IDX : ADRO) held its Annual General Meeting of Shareholders (AGMS) today at the Ritz-Carlton Hotel, Mega Kuningan, in Jakarta. The AGMS was attended by the company’s shareholders and achieved the quorum...
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Adaro Energy Posts a Solid Start to 2012 as Net Income Increases 12% to US$122 Million
April 26, 2012, 10:59 am
PT Adaro Energy Tbk (IDX: ADRO) announced today unaudited financial statements for the first quarter ended March 31st, 2012. Our net revenue increased 21.0% to US$916 million as sales volume and the average selling price (ASP) improved year over year (y-o-y). Net income grew 11.8% to US$122...
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Adaro Energy’s Net Income Increases 124% To US$552 Million; Record Contribution to Nation Building With Corporate Income Tax Of US$450.5 Million
March 27, 2012, 11:02 am
PT Adaro Energy Tbk (IDX: ADRO) today announces its financial performance for fiscal year ended December 31st, 2011. Our net income increased 124% to US$552 million and basic earnings per share 123% to US$0.01721. Net income benefited from strong production volume growth, robust average selling...
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Adaro Energy Completes JORC Report for Mustika Indah Permai, Coal Reserves Estimated at 272.6 Million Tonnes
March 22, 2012, 11:04 am
PT Adaro Energy Tbk (IDX – ADRO) is pleased to announce the Australasian Joint Ore Reserves Committee (“JORC”) Compliant Coal Resources and Reserves estimates for its subsidiary PT Mustika Indah Permai (“MIP”) property located in the Kabupaten of Lahat, South Sumatra....
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