Adaro keeps the coal fires burning

The Indonesian coal miner tells FinanceAsia that the plunging coal price is manageable with a tweak to operations.

Adaro keeps the coal fires burning

The global coal industry has had a lamentable couple of years.

Prices have plunged, profits have been eroded and business models have been torn up due to the chronic oversupply that followed the end of the great commodities supercycle.

This is especially bad news for Indonesia, the world’s biggest exporter of coal by volume, according to the World Coal Association.

Adaro, one of Indonesia’s largest coal miners, this week...

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