KONTAN.CO.ID - JAKARTA. Indonesia has issued an additional mining quota of around 15 million to 20 million metric tons to three subsidiaries of coal miner Bayan Resources, Energy Ministry official Tri Winarno said on Monday. The additional quota was granted to three Bayan Resources units, namely PT Tiwa Abadi, PT Tanur Jaya and PT Fajar Sakti Prima, Tri said. Bayan Resources declared force majeure last week on coal supply obligations at the three units after they had not received approval from the Energy Ministry to increase production.
Indonesia Grants Bayan Resources 15-20 mln Tons of Additional Coal Mining Quota
KONTAN.CO.ID - JAKARTA. Indonesia has issued an additional mining quota of around 15 million to 20 million metric tons to three subsidiaries of coal miner Bayan Resources, Energy Ministry official Tri Winarno said on Monday. The additional quota was granted to three Bayan Resources units, namely PT Tiwa Abadi, PT Tanur Jaya and PT Fajar Sakti Prima, Tri said. Bayan Resources declared force majeure last week on coal supply obligations at the three units after they had not received approval from the Energy Ministry to increase production.