Coal Becoming A Sunset Industry
From The Jakarta Post
We recently attended a coal conference in Jakarta entitled “Indonesia Coal Price Trend and Market Outlook”, and our findings suggest that coal is indeed a sunset industry.
Director of coal business development at the Energy and Mineral Resources Ministry, Edi Prasodjo (keynote speaker), stated that the current low coal prices were mainly due to a global oversupply condition, spurred by numerous mining exploitations in the past three to four years due to attractive coal prices.
