PT Adaro Energy Indonesia, which is one of Indonesia’s biggest coal miners, has released plans to spin off a coal mining unit valued at US$2.45 billion as part of a green shift, reported Bloomberg. The miner aims to offload its 99.9% stake in Adaro Andalan Indonesia and will seek shareholder approval for the plan on 18 October, according to a…
Read MoreAdaro Energy to sell off coal unit
