Bisnis.com, JAKARTA - The Adaro Energy Indonesia, an entity under by the Thohir's, Soeryadjaya's, Subianto's, and T.P Rachmat's, is taking quick steps to build an aluminum smelter in the Green Industrial Park, Kalimantan.
After stating its commitment before President Joko "Jokowi" Widodo in late December 2021, the company determined PT Adaro Aluminum Indonesia to become an entity under the control of PT Adaro Minerals Indonesia Tbk. (ADMR).
"By purchasing company shares [Adaro Aluminum] or taking new shares to be issued," Adaro Aluminum's management wrote in its announcement.