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CNBC News reported that Indonesia’s growing coal industry is creating wealth for many of its citizens.
CNBC News reported that Indonesia’s growing coal industry is creating wealth for many of its citizens.
The market news is quoted as saying:
Indonesia’s huge reserves of thermal coal — used for power plants — are being aggressively targeted by energy-hungry China and India. The demand, combined with high commodities prices, is driving a resources boom in remote Indonesian provinces, and creating billions of dollars in personal wealth.
To read the full market news, click here.