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Foreigners bet on coal mining in Indonesia

Country's low costs remain a draw amid volatile mining rules
Tuesday, December 17, 2013 - 06:00

WHEN Vivek Agarwal's company first bought a licence to explore for coal in Indonesia's East Kalimantan province, it expected to secure the permits to begin mining in about six months and sell the coal to power stations in India and China. That was in 2010. After three years of presentations to

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