Chinese demand for Indonesian coal increases despite pollution fears

Posted on July 6, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Agritrade Resources, a coal miner in Indonesia with mainland China as one of its top markets, aims to raise output and sales by 30 per cent despite slowing Chinese consumption because of rising demand for less polluting coal.

Ng Xin-wei, the chief executive of the Hong Kong-listed company, said it planned to mine and sell 4.5 million to 5 million tonnes of coal during this financial year to March, up from 3.8 million tonnes and 2.8 million tonnes in the past two financial years.