
US-China tension haunts Asian coal market, Adaro spoke up
JAKARTA – On its debut on the Indonesia Stock Exchange (IDX) today (5/12), PT Adaro Andalan Indonesia Tbk (AADI), a spin-off of thermal coal business from PT Alamtri Resources Indonesia Tbk (ADRO), expressed optimism about the sustained attractiveness of the coal market. This notion was conveyed by Julius Aslan, CEO of Adaro Andalan Indonesia, regarding...