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Investing Coal Mining Business in Indonesia

Investing Coal Mining Business in Indonesia

Investing coal mining business in Indonesia with group fo coal miner and positive report about coal mining prospect in year 2010

. Noted during the year 2007, deficit of supply of global coal 156,5 million tons have triggered price gambol of world coal to treble in this final two years, that is from US$ 40 becoming US$ 120 per ton (for reference some coal types with high calorie) at in the middle of the 2008 then. Even noted at commerce in stock New York Mercantile Exchange, Juli 2008 then, price of coal contract in Asian pierced market of new highest record US$ 137 per ton. As seventh largest coal producer in the world, role of Indonesia will increase again remembers reserve of the things still await for exploited. Latter national coal production in final five years grows fast of 2004 132,1 million tons, become 216,9 million tons in 2007 and 2008 suspected as has reached 226 million tons. Thereby, since 2006 Indonesias becomes the biggest second best coal exporter in the world of after Australian, with export volume of 183,9 million tons for the amount of US$ 6,08 billion, overlap China and South Africa. While the year 2007 becoming around 190 million tons with value shifts US$ 6,53 billion. In line with its exporting, coal consumption inside the country also experiences improvement from the year 2003 30,7 million tons becomes around 49 million in 2007 and the year 2008 around 50 million tons. Most of permeated by electricity sector (PLTU) which the year 2007 then consumes around 35,3 million tons or around 71,8% from national consumption total of coal, among others by PLTU SURALAYA 12,5 million tons and PLTU PAITON around 12,6 million tons. The rest permeated by cement industry until 7 million tons, pulp industry and cartridge around 1,5 million tons. The increase of requirement of coal lately, because of the mining products have become world electric power primary energy source. Indonesia also races usage of coal as its(the electric energy primary source, replace role of BBM which tends to more and more expensive (before its price corrected now). Effort to the among others, government plans energetic power station of coal 10.000 MW in coming 3 years, It is of course this thing will make melesat of requirement of coal inside the country. So in 2010 coming, when all projects of PLTU has operated, according to APBI (Company Association of Coal Indoensia) coal consumption domistik will reach 90 million tons. In consequence, to fulfill requirement of coal inside the country, government also races growth of national production of coal. At least, government strives complete of regulation aspect by ratifying of LAW Minerba by DPR-RI at mid of December 2008 then. Still, in this case required soon formulation of its implementation more comprehensive and kondusif. Remember very level of requirement potency of coal in Indonesia then company opportunity. company in embers stone area very menjajikan especially in doing coal sales this time becomes separate potency, therefore all fihak must partake to observe commerce and coal sales in Indonesia.

Investing Coal Mining Business in Indonesia

By: adi cahyono
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