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Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010


Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to about 22-23 million tonnes in 2010.

Banpu, also the fourth-biggest coal miner in Indonesia, had made forward contracts for 30 percent of forecast coal sales for next year, the company said in a statement.

The company's average selling prices were above $60 a tonne in the second half of this year versus $78.86 in the first half, it said.
Source: Reuters



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