Adaro Energy to Spin Off Thermal Coal Assets: A Deep Dive
The corporate restructuring that may reshape Indonesia's coal landscape.
Satria Wibowo22 June 20269 min read
Adaro Energy's decision to spin off its thermal coal assets into a separately listed entity marks the most consequential corporate restructuring in Indonesian mining in a decade.
The move is widely read as an attempt to ring-fence ESG-sensitive operations from the group's growing renewables and downstream metals businesses.
