Posted by: mel | June 3, 2009

Indonesia’s Bumi says wins 2009 China coal orders

Reuters | 1 June 2009

NUSA DUA, Indonesia – PT Bumi Resources Tbk (BUMI.JK), Indonesia’s biggest coal miner by volume, said on Monday it had obtained 8 million tonnes of coal purchase orders from China in 2009.

Bumi did not ship any coal to Chinese buyers last year, said Dileep Srivastava, corporate secretary of Bumi Resources.

Separately, a trading source said the price for the 8 million tonnes sold to China was in the mid $60 per tonne level.

(Reporting by Fitri Wulandari and Fayen Wong; Writing by Aloysius Bhui; Editing by Ed Davies)


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