SEO Version
GEO ENERGY RESOURCES LIMITED
| Annual Report 2012
13
Given the continuing growth trend in the Indonesian
coal market, we believe our strong presence in East
Kalimantan can allow us to ride on this trend and continue
to enjoy growth. According to the Indonesian Coal Mining
Association, annual Indonesian coal production is
expected to reach 560 million tonnes by 2025 from 325
million tonnes in 2010
(1)
. We believe that Indonesia’s two
main export markets, China and India will continue to
bring about growth opportunities for us.
(1)
Source: Indonesia Coal Mining Outlook, presented by Bob Kamandanu, Chairman of Indonesian Coal
Mining Association at IEAWorkshop, Beijing, 14 April 2011.
Our Growth Strategies
Strategy 1:
Acquisition of new mining concessions
Strategy 2:
Securing new mining services contracts
Strategy 3:
Acquisition of additional mining equipment
and machinery
Strategy 4:
Broadening customer base regionally
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