Tuesday, April 19, 2011

Adaro (ADRO IJ) invest US$100m in IndoMet Coal, a BHP Billiton project

18 april 2011

By end of 1Q10, Adaro has owned 25% stake of IndoMet coal project, while the other 75% stake is owned by BHP Billiton. This year, Adaro will start investing US$100m in the project.

source : CLSA