A barge, transporting coal from Berau Coal, sails during an open-sea transhipment in Berau district in Indonesias East Kalimantan province August 17, 2010. The coal will be exported to Japan, China and other Asian countries, Berau Coals spokesman said on Tuesday. Indonesia is the worlds biggest thermal coal exporter. Picture taken August 17, 2010.A South Korean consortium has acquired a 90% stake in a 244 million-ton Indonesian coal mine for $84.15 million, the Korea Resource Corp., or Kores said Tuesday.
Kores will invest $36.46 million in the coal mine, with production planned to start in 2013, the state-run resources company said in a statement.
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