Indonesian coal miners accelerate diversification as volatility rises

Major producers use rising profits to tap critical minerals, gold and solar power Alamtri Resources Indonesia, previously known as Adaro Energy, is a major coal producer now preparing to ship its first batch of aluminum inglots from a smelter in North Kalimantan province. (Alamatri Resources Indonesia) JAKARTA — From lithium and aluminum to solar power and gasification, Indonesian coal miners are increasingly expanding into new businesses as external volatility and domestic policy uncertainty make their diversification strategy more urgent than ever.

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