Battle over huge coal deposit highlights risks in Indonesia

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Bataille juridique pour le contrôle du 7e gisement de charbon au monde en Indonésie

L’excavatrice du mine de charbon en Pologne © AFP PHOTO / DAREK REDOS

Indonesia contains some of the world’s richest mineral deposits, located tantalizingly close to the markets of China and India, but a court battle over a $1.8 billion coal mine highlights the risks foreign miners face in the country.

London-listed Churchill Mining Plc has been in dispute with Indonesia’s Nusantara Group for three years over the right to develop the world’s seventh-largest undeveloped coal asset. The case has reached Indonesia’s highest court and could take years more to settle.

Reuters

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