Indonesia’s Coal-Export Ban May Deter Investments, Mulyono Says
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Indonesia’s plan to ban exports of low-quality grade thermal coal may discourage new investment in the world’s biggest exporter of the power-station fuel, said a production company executive.
A ban may also hurt India and China, which seek coal with a heating value of as much as 4,500 kilocalories a kilogram for blending with higher-grade domestic output, said Jeffrey Mulyono, president director of PT Bhakti Energi Persada.