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Tuesday, 30 October 12
COAL PRODUCTION TO RISE BY FIVE PERCENT IN 2013 - TEMPO INTERACTIVE


TEMPO Interactive reported that, Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu has estimated that Indonesian coal production will increase in 2013. The association has set a production target of between 360 and 370 million tons for 2013.

“We believe the situation has improved; production will increase by around 5 percent,” said Bob, contacted by Tempo on Sunday, October 28.

In 2012, Indonesia’s coal production only reached 240 million—below the expectation of coal production of 370 million tons.

The government, on the other hand, has set the 2013 coal production target at 366.04 million tons or 10.25 percent higher than this year’s projection at 322 million tons. The government’s projection was set above the average growth of the world’s coal production at 2 percent per year.

“We’ve considered this because the House of Representatives [DPR] wants us to boost state revenues,” said coal and mineral director general Thamrin Sihite.
Source: TEMPO Interactive (By: Bernadette Christina)



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Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
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Wednesday, 12 December 12
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Tuesday, 11 December 12
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