Coal Demand from China Rises 20 Mn Tons

作者:25 发布时间:2010-05-25 文字大小:【大】【中】【小】
  Coal demands from China and India increase significantly this year. 

"China has fantastic demand. The increase reaches 20 million tons," said Coal Mines Association Chief, Bob Kamandanu, today, May 24.

According to him, given the solid market, domestic producers should try to produce as much coal as possible to meet the demands from both the domestic and foreign markets.

He said that this year the government targets the domestic coal production touch 320 million tons.

The production from those holding mining concession rights will be between 500 thousand and one million tons. The remaining amount will be produced by top companies like Adaro Energy, Kalltim Prima Coal, Kideco Jaya Agung, and Berau Coal.

'Each year, these top five companies improve their production between 2-4 million tons," he said.

In addition to an obligation to supply the domestic market, Bob said, given the targeted 320 million tons production, the certainty to supply domestic consumers would hit around 90 million tons.

Sourced from www.vivanews.com