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gshores

10/22/24 11:44 AM

#92390 RE: gshores #92389

here is the website for china petroleum technology and development

https://www.cptdc.com/
Bullish
Bullish
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I-Glow

10/22/24 1:15 PM

#92414 RE: gshores #92389

It is only great news in pinky fantasyland. Time for a reality check.

"Some of the biggest coal exporters in Indonesia include:

Adaro Energy: Exported 75 million tons of coal

Bumi Resources: The largest producer of coal in Indonesia, with a production capacity of 81.1 million tons in 2020

Kaltim Prima Coal: Exported 58 million tons of coal

Berau Coal Energy: Exported 35 million tons of coal

Indika Energy: Exported 30 million tons of coal

PT Bayan Resources: Exported 25 million tons of coal

PT Bukit Asam: Exported 24 million tons of coal

PT Harum Energy: Exported 20 million tons of coal

PT ABM Investama: Exported 18 million tons of coal

Indonesia was the world's largest coal exporter in 2023. The top destinations for Indonesian coal exports in 2023 were:

India: 108.93 million tons
China: 81.68 million tons
Philippines: 36.11 million tons"

And Park is going in and as an unknown and start exporting coal - who was the supplier?

Companies such as Adaro Energy is a mining company and they fulfill any contracts with China.

That is exactly what all coal mining companies do - they don't call on a rube like Park to ship the coal.

IG