ADRO – The business' development and diversification

ADRO – The business' development and diversification Adaro Energy Indonesia (ADRO) expects around 65-67 mn tons of coal sales this year, which the company expects to sell around 61-62 mn tons of thermal coal and to sell around 4.9-5.4 mn tons of metallurgical coal via its subsidiary, Adaro Minerals Indonesia (ADMR). ADRO will continue to control production operations and cost efficiency amid fluctuations in coal prices. Furthermore, ADRO has coking coal with relatively stable price because the supply is relatively small. ADRO also continues to develop and diversify its business to increase the contribution of the non-coal segment. (Source : Bisnis Indonesia)