Adaro Energy Tbk Unsponsored ADR (A640)

Overview

PT Adaro Energy Indonesia Tbk is a prominent player in the coal and mining industry in Indonesia, with its operations spanning across various segments including Coal Mining and Trading, Mining Services, Logistics, and Others. Initially known as PT Adaro Energy, the company underwent a name change in February 2022 to its current title. Since its establishment in 2004, PT Adaro Energy Indonesia Tbk has grown to offer a wide range of services beyond its primary coal mining and trading activities. These include transportation, warehousing, quarrying, cargo handling, and various support services catering to the agriculture, construction, and seaport service sectors. Headquartered in Jakarta, Indonesia, the company plays a significant role in the international coal market, exporting its products to numerous countries across Asia and beyond.

Products and Services

• Coal Mining and Trading:

  PT Adaro Energy Indonesia Tbk is engaged in the extraction, processing, and selling of coal, offering high-quality thermal coal that is shipped internationally to countries such as China, Malaysia, India, Japan, South Korea, Philippines, Hong Kong, Taiwan, Thailand, among others.

• Mining Services:

  The company provides comprehensive mining services that include quarrying, cargo handling, and various mining support services, aiding in the operational aspects of the coal mining process.

• Logistics:

  With a focus on efficiency and reliability, PT Adaro Energy Indonesia Tbk offers logistics services such as trading, transportation, and warehousing to ensure the seamless distribution of coal and other mined materials.

• Support Services:

  Extending beyond its core mining activities, the company also delivers a vast array of support services across different sectors, including agriculture, construction, seaport services, machine repair and installation, power supply, water treatment, and forestry. These services underscore the company’s commitment to providing comprehensive solutions to its clients.

• Energy and Utilities:

  Engaged in the power sector, PT Adaro Energy Indonesia Tbk offers electric power supply services including the transmission, distribution, and sale of electricity. It also provides water management support and mud treatment services, catering to the essential needs of industrial operations.

• Additional Ventures:

  The company has diversified its operations to include activities such as farming, investing, managing power plants, operating ports, metal processing, and coal trading, showcasing its versatility and adaptive business model in response to the evolving economic landscape.