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Adaro Seeks Loans for Refinancing | Republika Online

Selasa 20 Apr 2021 15:34 WIB Rep: Intan Pratiwi/ Red: Elba Damhuri President Director of Adaro Energy Garibadi Thohir was delivering a speech on a cooperation event in Jakarta Foto: Republika/Thoudy Badai REPUBLIKA.CO.ID, JAKARTA Adaro Energy is seeking loans from several banking consortiums to refinance maturing debts. Adaro Energy s Chief Financial Officer, Lie Luckman, said that Adaro must pay off the debt that will mature in mid-2021. Lie explained that several banking consortiums have agreed to provide loans to Adaro. Adar noted that in the middle of this year the debt will mature at US$ 400 million. We are trying to talk with several banks to be able to refinance these loans for the next five years, Lie said in a virtual press conference, Monday (19/4).

Adaro to Boost Coking Coal Production, Widen Global Market

Selasa 20 Apr 2021 00:15 WIB Rep: Intan Pratiwi/ Red: Elba Damhuri The office of Adaro Energy (ADRO) in Jakarta Foto: Republika/Yogi Ardhi PT Adaro Energy is accelerating the production of coking coal this year. REPUBLIKA.CO.ID, JAKARTA  PT Adaro Energy is accelerating the production of coking coal this year. In the long term, Adaro s coking coal production will be balanced with thermal coal production. Adaro Energy Chief Finance Officer Lie Luckman explained that in the last year Adaro sold 1.5 million tons of coking coal. As to the company will increase production from coking coal mines, Adaro targetting sales of coking coal to reach 2.4 million tons.

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