Adaro Energy shares jumped in Indonesia on the company's plans to sell nearly $2.5 billion of stakes in various coal assets as part of a strategic shift to develop a green business supply chain.
PT Adaro Energy Indonesia plans to spin off a coal mining unit valued at $2.45 billion as part of its shift away from the fossil fuel. The company, which is one of country’s biggest coal miners, ...
The Indonesian Coal Miners Association (ICMA) expects imports by China and India to peak in 2025, ending growth in global seaborne trade volumes of the polluting fuel, its Chairman Priyadi said in a ...
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