ADMR coal production up 7 percent to reach 1.5 million tons

Bisnis.comJAKARTA – The issuer of a subsidiary of PT Adaro Energy Indonesia Tbk. (ADRO), pt Adaro Minerals Indonesia Tbk (ADMR) reported an increase in coal production in the first half of 2022.

In the first half of 2022, ADMR recorded a 7 percent year-on-year production increase to 1.53 million tonnes in H1/2022 from 1.43 million tonnes in H1/2021, while maintaining the pace to meet the annual production target of around 2.8 million – 3.3 million tons.

Coal sales in the first half of 2022 reached 1.28 million tons, up 9 percent from 1.17 million tons in the same period last year.

Overburden mining in semester I/2022 was recorded at 3.49 Mbcm, which corresponds to an increase of 14 percent compared to 3.05 Mbcm in semester I/2021.

ADMR recorded a strip ratio of 2.28x for the first half of 2022, higher than the same period last year which recorded 2.13x and remains in line with the Company’s projected LOM strip ratio.

In the I/2022 semester, ADMR coal was sold to customers in Japan, China, India, Europe and Indonesia. production Money ADMR reached 0.91 million tonnes in the second quarter of 2022, or an increase of 17 percent from 0.78 million tonnes in the second quarter of 2022, and coal sales in the quarter reached 0.69 million tonnes, an increase of 5 percent from 0.66 million tons tons in the second quarter of 2022.

Stripping in the second quarter of 2022 reached 2.02 Mbcm, a 22 percent increase from 1.66 Mbcm in the same period last year. ADMR posted a strip ratio of 2.22x this quarter versus 2.13x in Q2 2021.



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