With Tincom and Datang both on the books one might anticipate a Coldry plant being built in Indo. Coal quality will not be as good as our LV coal however it's closer Beggars can't be choosers and they desperatly need the energy supply derived from coal.
Prices have been much better than last year?s, reaching US$120 per ton for coal between 6,300 and 6,500 kilocalories per kilogram (kcal/kg). Last year, the average price was only $90 per ton. Starting in 2014, the government of Indonesia will officially apply a ban on low-grade coal exports. To anticipate the regulation, APBI revealed that two coal upgrade facilities are ready to be installed in South Kalimantan and South Sumatra in 2012 and 2014, respectively. The upgraded brown coal (UBC) process can crank up the calorific value of coal from 4,500 kcal/kg to 6,100 kcal/kg.
Enough room for a 3rd drying tech ? I think so....
http://www.thejakartapost.com/news/2011/09/23/coal-production-may-reach-370-million-tons-year.html
Don't forget you have until tuesday 5pm to get your hands on those free options and shares at .006
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With Tincom and Datang both on the books one might anticipate a...
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