WORLD Indonesia's coal output rises in H1 amid price hike

WORLD

Indonesia's coal output rises in H1 amid price hike

Xinhua

05:35, July 13, 2018

w.jpg

(Photo: Xinhua)

Indonesia carried out vigorous coal production in the first half of this year as global prices rose to a higher level.

Indonesian energy and mineral resources ministry said on Thursday that the country substantially produced 163.44 million tons of coal from January to June, up 18 percent on year.

On export, Indonesia shipped 94.68 million tons of coal offshore during the first half of this year, spokesman of the ministry Agung Pribadi said.

The official added that rising global prices have spurred demand for the commodity, one of Indonesia's major export products.

Indonesia set an export target of 371 million tons of coal this year, according to him.

On output target, Indonesia looks to produce about 425 million tons of coal this year, according to the ministry.

Indonesia is the world's top thermal coal exporter with its coal reserve of about 26.2 billion tons, according to the ministry.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue