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Friday, 06 March 09
INDONESIA MAY MISS 2009 COAL OUTPUT TARGET-OFFICIAL


Indonesia, the world's top thermal coal exporter, may fail to achieve its coal production target this year as the global economic crisis dents demand, an energy ministry official said on Thursday.

Indonesia's energy and mines ministry said last month that coal production was expected to be flat at 230 million tonnes this year against 229.18 million tonnes a year ago.

"It's difficult to find buyers now," said Bambang Gatot Ariyono, director of minerals and coal enterprises at the ministry.

"So far, there are no producers that have submitted a revision of their production plan. But there is possibility of declines in production," Ariyono told reporters.

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Recent News

Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
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Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
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Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...


Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...


Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...


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