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    coal investing

    Indonesia’s Bayan revises down 2010 coal output

    Investing News Network
    Jun. 09, 2010 11:53AM PST
    Industrial Metals

    Indonesian coal miner PT Bayan Resources (BYAN.JK) has revised down its 2010 coal production forecast to 13-13.5 million tonnes, as rains hampered output and shipments.

    Indonesian coal miner PT Bayan Resources (BYAN.JK) has revised down its 2010 coal production forecast to 13-13.5 million tonnes, as rains hampered output and shipments.

    The press release is quoted as saying:

    Bayan also expects its unit PT Kaltim Supacoal will start producing 200,000 tonnes of briquetted coal from its first coal upgrading plant in East Kalimantan province in the second half of this year.

    Click here to access the entire press release

    coal investingcoal upgrading
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