Adaro Energy PT/ADR/ (ADOOY)

Headquartered in Jakarta, Indonesia, PT Adaro Energy Indonesia Tbk (formerly known as PT Adaro Energy until its rebranding in March 2022) is an integrated energy enterprise established in 2004. This diversified company primarily operates within Indonesia, spanning the coal, energy, utility, and essential infrastructure industries. Its operations are organized into several divisions: Coal Mining and Trading, Mining Services, Logistics, and various other business ventures. Adaro's extensive portfolio of services includes the extraction and commercialization of coal, provision of mining contract work, quarrying activities, and comprehensive mining support services such as ship loading, transportation, coal handling, and barging. The company also manages terminal operations and seaports. Beyond its core mining activities, it is involved in agriculture, power generation, general trading, warehousing, and transportation support, alongside specialized water and mud treatment services. Furthermore, Adaro constructs, repairs, and installs machinery, and undertakes the manufacturing, maintenance, and repair of sea transportation equipment. A significant initiative involves processing mine water to render it potable. The company maintains an international presence, exporting its products to key markets including China, Malaysia, Japan, India, and Korea, as well as other global destinations.

Sector: American Depositary Receipts

Industry: Coal