Adaro Energy update: Business Development

The following is an edited excerpt from IDX-listed energy firm PT.Adaro Energy 's quarterly report released on Tuesday. (ed)

Balangan Coal Project
During the quarter we continued haul road and bridge construction and completed land clearance, earth works and initial surfacing. We continued drilling to define the coal reserves at Balangan and expect first production in 2014.

IndoMet Coal Project
Our joint venture with BHP Billiton, the IndoMet Coal Project, continued the development of its seven Coal Contracts of Work (CCoW) in Kalimantan. Early works on infrastructure development for the project is underway, including road works and port loading facilities. (end of edited excerpt)