Indonesian Miners Freeze Development as Coal Prices Tumble, an Industrial Info News Alert
(firmenpresse) - MANILA, PHILIPPINES -- (Marketwired) -- 11/15/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- in Indonesia have put their expansion projects on hold for the short- to medium-term due to low coal prices, which were caused by a surplus from China's waning economy. Three of PT Golden Energy Mines Tbk's expansion projects were put on hold, shelving a $70 million plan to increase output by 2 million metric tons per year.
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Datum: 15.11.2013 - 05:30 Uhr
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News-ID 1283733
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