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Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four million tons compared to the same period of last year.
Total national coal sales either in domestic market or export in the first semester of 2009 reached 130 million tons.
Chirman of Indonesian Coal Producer Association Bob Kamandanu said the global economic downturn has caused coal demand to fall.
"During the crisis, consumers have the rights to cut purchase by one percent. On the contrary, they can take the coal as much as it is mentioned in the contract during normal times," said Kamandanu on Wednesday, August 19.
Today, nonetheless, domestic coal use has grown by five million tons. He was optimistic that export and domestic sales by the end of the year may touch 260 million tons.
Source: Viva News (Translated by: Bonardo Maulana Wahono ( Viva News))
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Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...
Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
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