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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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Monday, 28 December 09
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Saturday, 26 December 09
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Saturday, 26 December 09
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Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
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