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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

Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...


Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...


Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...


Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think. But power major NTPC Ltd is finding that this year’s coal is not yie ...


Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...


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