Indonesia's Adaro H1 coal output up 20 pct, sales 22 pct

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

31 Jul 2010

PT Adaro Energy, Indonesia's biggest coal miner by market value, said on Friday that first-half coal output rose 20 percent while sales increased 22 percent.

The coal miner, which has a market capitalisation of $7.28 billion, reported first-half coal production of 21.62 million tonnes, up from 17.9 million tonnes a year earlier.
Adaro coal sales were 21.75 million tonnes. It didn't disclose the average selling price.


Source: Reuters