Adaro Minerals Eyes Green Economy Projects

Coal Mining
Summary

PT Adaro Minerals Indonesia Tbk (ADMR) is eyeing green economy and renewable energy projects in Indonesia worth trillions of US dollars. Adaro Minerals Indonesia investor relations manager Danuta Komar said that Indonesia's chance to prosper from the green economy is high due to the high demand for green minerals to support more environmentally friendly economic activities.

Danuta revealed that the investment required for the global green economy by 2030 could reach US$3 trillion. Meanwhile, the global electric vehicle (EV) market would require US$800 billion to develop. "The green economy development needs various minerals, so we are in the right position to seize these opportunities," Danuta said on Tuesday.

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