Indonesian Companies in Focus: Coal Miner Adaro Energy
Adaro Energy, one of Indonesia''s leading coal mining companies, is still plagued by the globe''s weak coal prices. However, the company''s estimated lower cash costs should give a positive boost to the miner''s corporate earnings this year. According to Danareksa Sekuritas'' estimates the cost of mining for Adaro Energy (outside royalty payments) will range between USD 26 28 per ton in 2016