Adaro Energy sees 2011 capex at $464 million

Adaro Energy (ADRO), Indonesia's largest coal miner by market value, said on Wednesday that 2011 capital expenditure is expected to be $464 million. 

Company also expects 2011 coal production to reach 46 - 48 million tonnes. Adaro produced 32.36 million tonnes of coal in the first nine months of 2010. Source: Reuters