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Coal Mining in Indonesia to 2020 ih.advfn. The islands of Kalimantan and Sumatra dominate Indonesias coal production and steam coal accounted for all the coal produced in the country, with the largest coal mines being the Sangatta, Paser and Batuah Village mines in East Kalimantan, and the Alam Duta Kalimantan mine in South Kalimantan.
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PT Adani Global, Indonesia a wholly-owned step down subsidiary of the Company, has been awarded coal mining concession in PT Lamindo Inter Multikon (stepdown subsidiary in Bunyu Island, Indonesia). The Bunyu Mines has Joint Ore Reserves Committee (JORC) compliant resource of 269 Mn Metric Tonnes (MMT) for both the mines (i.e. combined).
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Jan 20, 2009 In mid-1993, the Department of Mines and Energy reopened the coal sector to foreign investment, with the result that the leading Indonesian coal producer now is a joint venture between U.K. firms BP and Rio Tinto. Total coal production reached 92.5 million metric tons in 2001, including exports of 66.5 million tons.
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A British Petroleum International Ltd and Conzinc Rio Tinto of Australia Ltd joint venture was successful in bidding for an area of 7,900 sq. km in two blocks 1982 extending 300 km along the coast of eastern Kalimantan PT Kaltim Prima Coal (KPC) incorporated in Indonesia with British Petroleum International Ltd and Conzinc Rio Tinto of ...
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The Grasberg mine, located in the highlands of Indonesias Papua province, is the worlds largest gold mine and second-largest copper mine. Operated by PT Freeport Indonesia Co., the mine is a joint venture between Freeport McMoRan (90.64 percent) and the Indonesian government (9.36 percent).
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Meanwhile, an Indonesian mining company has it sights on exploiting the countrys coal resources. And London-listed Origo Partners PLC has formed a 50/50 joint venture company with one of Burmas leading conglomerates to identify investment opportunities across the natural resources and other sectors in Myanmar
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indo Mines Limited, through its Joint Venture Company pt Jogja Magasa iron, owns a 70% interest in the Jogjakarta pig iron project (Jpip) located approximately 30 kilometres from the major city of Jogjakarta, indonesia. the joint venture partner, pt Jogja Magasa Mining, is a consortium of indonesian business
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The state-owned coal mining company PT Bukit Asam prepares a budget of USD 0.26 ... The company intends to purchase its joint venture partners interest in an existing development joint venture Industrial wood pellets ... informs CNBC Indonesia. The coal contract which ended in February has now returned to the level of USD 80 per ton. ...
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Apr 25, 2017 They tried to manage this risk by buying off coal mines in countries like Indonesia, and had a back-to-back longterm contract for coal supply at a fixed contract price. What they failed to do was to analyse the robustness of this price, in view of its nexus to the profit of the Indonesian joint venture, and, thus, tax and foreign exchange ...
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