En+ Group seeking coal from Indonesia

By Edgar Subroto

The leading Russian natural resources industrial group, En+ Group, is seeking coal from Indonesia after expanding into the coal trading business in China.

The company said on Friday that it was looking for low to high CV coal from Indonesia to sell it to the Chinese market. The quantity should be at least by panamax-sized vessel. ?We looking for reliable coal suppliers,? the company said in a press statement.

The company?s business interests are in metals, mining and energy sector. ?The core base of our Group?s businesses is located in Eastern Siberia in close proximity to the fast growing Asian markets,? the press statement said.

En+ Group owns a controlling stake in the world?s largest alumina and aluminium producer UC RUSAL, owns one of the world?s largest privately held hydro generation company EuroSibEnergo and ferromolybdenum producer SMR, in addition to substantial coal mining, aluminium downstream and logistics business.

Editing by Benget Besalicto Tnb.