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Saturday, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%


Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the government’s 230 million ton target, according to figures released by the Energy Ministry on Thursday.

About 78 percent of the coal was exported to buyers in Japan, China, India, Australia and Africa with the rest used domestically, said Bambang Gatot Ariyono, the Energy Ministry’s director of coal and minerals.

This year, Indonesia is forecast to produce 280 million tons of coal with 75 million tons allocated for domestic use, he said.

Bambang Setiawan, director general of coal, minerals and geothermal energy, said coal exports in 2009 were worth $14.85 billion.

Mining sector investment stood at $1.81 billion in 2009, a 9.5 percent increase from 2008. This year investment is forecast to jump to $2.5 billion. To read more  The Jakart globe



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Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...


Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...


Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands. The Viet Nam Coal ...


Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...


Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...


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