ST. LOUIS, Jan. 11 - Peabody Energy (NYSE: BTU) today
announced the opening of an office in Balikpapan, Indonesia,
a seaport city in the East Kalimantan province. The move
further expands the company's presence in the world's largest
supplier of seaborne thermal
coal.
Peabody's Balikpapan office complements ongoing sourcing and
business development activities in Indonesia and supports an
office in the capital city of Jakarta. Indonesia is the
fastest-growing supplier of thermal coal to both China and
India, and Peabody is positioning itself to assist local
suppliers in moving Indonesian coal throughout the Pacific
Rim. The company has secured multiple term offtake agreements
from resource-rich East
Kalimantan.
Yosef Setiyawan, Director of Engineering - Indonesia, will
lead the office and has responsibility for supporting
business development and structured transactions. Setiyawan
brings extensive experience in mining engineering, technical
services and business development from his tenure at BHP
Billiton in Australia and Indonesia. He reports to Keith
Downham, Vice President of Resource Development -
Indonesia.
Peabody Energy (NYSE: BTU) is the world's largest
private-sector coal company and a global leader in clean coal
solutions. With 2010 sales of 246 million tons and nearly $7
billion in revenues, Peabody fuels 10 percent of U.S. power
and 2 percent of worldwide electricity.
distribué par | Ce noodl a été diffusé par Peabody Energy Corporation et initialement mise en ligne sur le site http://www.peabodyenergy.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-11 19:43:10 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |