Adaro eyes $291 million from unit IPO to spin off coal arm
Adaro is spinning off the coal mining unit valued at $2.45 billion to focus on developing cleaner energy, with an aluminum smelter being built in Kalimantan.
As part of the redesign of MINING.com’s news digests to provide a cleaner look for an improved mobile phone and tablet experience, we’ve also changed the schedule.
We will now be sending out the Coal News Digest every Monday and stagger the release of the copper, iron ore and other commodity digests throughout the week.
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