Bumi to export 8MT of coal to China
Monday, June 1 2009 - 04:52 AM WIB
IDX-listed coal mining giant PT.Bumi Resources Tbk said has clinched contracts to supply 8 million tones of coal to China this year, a company official said on Monday.
Senior VP Dileep Srivastava told reporters on a sideline of Coaltrans Conference in Bali that the offtakers are Chinese independent t power producers. H e did not give detail.
According to Dileep, this year is the first time Bumi secured supply contract to China.
He said that there is possibility the contract will be turned to long-lime contracts.(alex)