Although many countries in Europe lack energy and offer coal imports from Indonesia, it does not necessarily make PT Adaro Energy Indonesia Tbk seize this opportunity by increasing exports. One of the Indonesian coal producers stated that, despite the high price of coal, Adaro will not increase exports to Europe due to the current geopolitical conditions.
"Although we welcome these conducive conditions, Adaro will remain focused on efficiency and operational excellence," said Head of Corporate Communications of Adaro, Febriati Nadira to Tribunnews.com, Monday (15/8/2022). The woman who is familiarly called Ira said the price of coal does follow a cycle and cannot be predicted.
Therefore, explained Ira, what must be done is to ensure that Adaro's business will be able to survive in the midst of various cycles through stable and sustainable business activities. "We will run our business according to the guidelines in 2022 that have been set," he explained.
"Although we welcome these conducive conditions, Adaro will remain focused on efficiency and operational excellence," said Head of Corporate Communications of Adaro, Febriati Nadira to Tribunnews.com, Monday (15/8/2022). The woman who is familiarly called Ira said the price of coal does follow a cycle and cannot be predicted.
Therefore, explained Ira, what must be done is to ensure that Adaro's business will be able to survive in the midst of various cycles through stable and sustainable business activities. "We will run our business according to the guidelines in 2022 that have been set," he explained.
According to him, Adaro will continue to follow market developments by continuing to carry out operational activities as planned at the company's mines with a focus on maintaining healthy margins and continuity of supply to customers.
Indonesia is a major sales destination and is Adaro's priority. Over the past 12 months sales to Indonesia accounted for 25 percent of Adaro's total coal sales. The company still targets to donate 25-27 percent of sales to the domestic market in Indonesia. Although many countries in Europe lack energy and offer coal imports from Indonesia, it does not necessarily make PT Adaro Energy Indonesia Tbk seize this opportunity by increasing exports.
One of the Indonesian coal producers stated that, despite the high price of coal, Adaro will not increase exports to Europe due to the current geopolitical conditions. "Although we welcome these conducive conditions, Adaro will remain focused on efficiency and operational excellence," said Head of Corporate Communications of Adaro, Febriati Nadira to Tribunnews.com, Monday (15/8/2022).
The woman who is familiarly called Ira said the price of coal does follow a cycle and cannot be predicted. Therefore, explained Ira, what must be done is to ensure that Adaro's business will be able to survive in the midst of various cycles through stable and sustainable business activities.
"We will run our business according to the guidelines in 2022 that have been set," he explained. According to him, Adaro will continue to follow market developments by continuing to carry out operational activities as planned at the company's mines with a focus on maintaining healthy margins and continuity of supply to customers.
Indonesia is a major sales destination and is Adaro's priority. Over the past 12 months sales to Indonesia accounted for 25 percent of Adaro's total coal sales. The company still targets to donate 25-27 percent of sales to the domestic market in Indonesia.
Source: https://www.tribunnews.com/bisnis/2022/08/16/tak-tertarik-tawaran-ekspor-ke-eropa-adaro-fokus-efisiensi-dan-tetap-bertahan?page=2
Indonesia is a major sales destination and is Adaro's priority. Over the past 12 months sales to Indonesia accounted for 25 percent of Adaro's total coal sales. The company still targets to donate 25-27 percent of sales to the domestic market in Indonesia. Although many countries in Europe lack energy and offer coal imports from Indonesia, it does not necessarily make PT Adaro Energy Indonesia Tbk seize this opportunity by increasing exports.
One of the Indonesian coal producers stated that, despite the high price of coal, Adaro will not increase exports to Europe due to the current geopolitical conditions. "Although we welcome these conducive conditions, Adaro will remain focused on efficiency and operational excellence," said Head of Corporate Communications of Adaro, Febriati Nadira to Tribunnews.com, Monday (15/8/2022).
The woman who is familiarly called Ira said the price of coal does follow a cycle and cannot be predicted. Therefore, explained Ira, what must be done is to ensure that Adaro's business will be able to survive in the midst of various cycles through stable and sustainable business activities.
"We will run our business according to the guidelines in 2022 that have been set," he explained. According to him, Adaro will continue to follow market developments by continuing to carry out operational activities as planned at the company's mines with a focus on maintaining healthy margins and continuity of supply to customers.
Indonesia is a major sales destination and is Adaro's priority. Over the past 12 months sales to Indonesia accounted for 25 percent of Adaro's total coal sales. The company still targets to donate 25-27 percent of sales to the domestic market in Indonesia.
Source: https://www.tribunnews.com/bisnis/2022/08/16/tak-tertarik-tawaran-ekspor-ke-eropa-adaro-fokus-efisiensi-dan-tetap-bertahan?page=2
Image source: www.tribunnews.com
