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Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE


Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, a document from the energy and mines ministry showed on Wednesday.

The document, seen by Reuters, said the government will set a minimum percentage for domestic sales of coal and mineral each year.

This percentage will be calculated based on total domestic consumption of coal or minerals, divided by the total production of coal or minerals.

Coal and metal miners can export their products as long as they are able to meet the minimum percentage of coal or mineral sales to the domestic market, according to the document. To read more Reuters



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Thursday, 17 December 09
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Thursday, 17 December 09
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Thursday, 17 December 09
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The country's largest coal miner Coal India Ltd (CIL) will import 4 million tonnes of coal for state-run power company NTPC. "Earlier, ther ...


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