Saturday, January 22, 2011

Flame SA (Switzerland) to double 2011 coal import from Indonesia

Switzerland trading firm Flame SA, through its Indonesian coal trading unit PT RST International, is planning to boost coal import from Indonesia toabout 6 million tonnes in 2011 from this year’s target of 3.7 million tonnes, the company’s official told.

The official said that coal import from Indonesia as of October 2010 was more than 3 million. “we don’t have any problem with current unusual rainy season. There coal miners. (There were) only several re-scheduling of coal shipment,” the official said.

Of the 6 million tonnes target, the firm has secured about 3.7 million tonnes from East Kalimantan miners, including PT Bara Jaya Utama, which will provide 1.2 million tonnes under 1-year contract, and PT Adimitra Baratama Nusantara, the official said.


The company had signed a 4-year contract with Adimitra to supply a total of 3.8 million tonnes of coal, starting September 2009. 

“The remaining volume is expected to be supplied by other coal miners,” the official added without giving further details. 

source : Asian Coal Magazine

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