Indonesian Coal Output Could Rise 5.2 Percent in 2013

Bloomberg reported that Indonesian coal output could rise by another 5.2 percent this year to meet growing demand.

As quoted in the market report:

The country may produce 400 million metric tons as long as prices stay above $92 a ton, Bob Kamandanu, the chairman of Indonesian Coal Mining Association, said in an interview while attending a conference in Singapore today. Output was 380 million in 2012.

To view the whole Bloomberg report, click here.