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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, 13 May 09
COAL SUPPLY MAY BE VASTLY OVERESTIMATED - ABC SCIENCE
The world's coal supply suggests reserves may be vastly overestimated and we could be facing an unprecedented global energy crisis, according to a ...


Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...


Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
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Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80 * Negotiations may conclude soon as price gap narrows * New offer at discount of about 43 pe ...


Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...


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