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Indonesia will cap coal output at about 400 million metric tons this year, 5 percent less than 2013’s level, to stem declining prices, the government said.

The country will enforce sanctions against companies that mine more coal that approved, according to Edi Prasodjo, Coal Business Director at the Energy and Mineral Resources Ministry. Penalties include suspensions and cuts in production allocations for the coming year, he said in an interview on Feb. 7.

Read more at: http://www.bloomberg.com/news/2014-02-10/indonesia-to-limit-coal-production-this-year-to-support-prices.html