KRL 0.00% 14.5¢ kangaroo resources limited

BHP Billiton, the world's biggest mining group, said on Is this...

  1. 1,950 Posts.
    BHP Billiton, the world's biggest mining group, said on
    Is this the mine that we are next door to??

    March 31 that it had chosen Adaro as its local partner to help develop its Maruwai coal mine in Indonesia, less than a year after canning the project. [ID:nnLDE62U0M7]

    BHP Billiton will retain a 75 percent stake in the project which is located in East and Central Kalimantan. Maruwai has undeveloped metallurgical and thermal coal resources estimated at 774 million tonnes.

    The Maruwai coal project is expected to start commercial production in 2014 and output is then seen reaching 6 million tonnes of both thermal and coking coal within five years, a BHP official in Indonesia told Reuters.

    Thermal coal is used in power plants, while coking or metallurgical coal is sold to steel mills.
 
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