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Tuesday, 05 May 15
MIFA BERSAUDARA UNIT OF ABM INVESTAMA STARTS OPERATING $200M COAL MINE IN ACEH
ABM LogoReswara Minergi Hartama, a coal mining unit of coal miner ABM Investama known as known as Reswara, inaugurated a $200 million integrated coal mining facility in Meulaboh, Nangroe Aceh Darussalam province, as reported by Berita Satu.
 
According to One of the Indonesian leading new papers further reported that, the investment value covers the cost of developing coal crushing plant, hauling road, overland conveyor, baseline conveyor, a dock and jetty, ABM said in a statement on Monday. The inauguration marked the start of the plant’s operations.
 
“We are optimistic that the Aceh project can give possitive contribution to ABM’s business in the long term,” said the president director of ABM in the statement. It didn’t mention the production size from the mine.
 
ABM Investama is in turn the coal mining holding unit of conglomerate Trakindo Group, Berita Satu  / The Jakarta Globe, reported.


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Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...


Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower ...


Tuesday, 21 November 23
INDIAN COAL POWER PLANTS’ CAPACITY UTILISATION WILL IMPROVE TO 65% THIS FISCAL: - CRISIL
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Tuesday, 14 November 23
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Tuesday, 14 November 23
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Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon. ...


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