Burned by China, Indonesia coal miners turn to power stations

Posted on September 17, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

(Reuters) – Two of Indonesia’s biggest miners are building power stations to reignite coal demand and counter a drop in global prices that has squeezed industry-wide profit margins to their slimmest in a decade and dulled the appeal of exports to top consumer China.

http://in.reuters.com/article/2013/09/16/indonesia-coal-idINL4N0GM28820130916