Minister of Energy and Mineral Resources Ignasius Jonan recently urges the country's coal miners to diversify into the downstream side of the industry to generate greater added value from commodity, such as into coal bed methane (CBM) or coal liquefaction production, which can substitute liquefied petroleum gas (LPG), a fuel commodity increasingly imported by the country to meet domestic demand.
Minister said that coal downstream industry in China has been quite developed.
In the meantime, the Indonesia Heavy Equipment Association (Hinabi) reported that the higher demand for heavy equipment, largely contributed by the recent recovery of coal price.
The recovery of coal price has help increased revenue of the country's mining supporting companies, which recent years were forced to shift its focus market from the mining to the booming construction and infrastructure sectors.
The surging coal prices also provide incentive for mine owners to boost production or resume production for those who suspended their operations during past sluggish period. The situation translates into stronger demand for heavy equipment from the mine owners.
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