Indonesia signs coal shipment contract with Chinese traders

Workers load coal cargo at Cirebon Port in West Java in this file photo. - JP

JAKARTA (The Jakarta Post/ANN): The Indonesian Coal Mining Association (APBI) signed on Wednesday (Nov 25) a deal with the China Coal Transport and Distribution (CCTD) association to export US$1.46 billion worth of coal to China next year.

The value is low compared to that of realised exports this year, but the APBI said in a joint statement with the Energy and Mineral Resources Ministry on Thursday that it hoped the deal would translate into 200 million tonnes of coal exports to China in 2021.