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Tremendous potential in Indonesia
bauma is the world’s biggest trade fair for mining machinery. The partner country chosen for the next edition, which takes place from April 15 to 21, 2013 in Munich, Germany, is Indonesia. Thanks to its extensive raw material deposits, this country offers tremendous growth potential. Present conditions are regarded as favorable for new ventures. As part of the general economic upturn in Asia, demand is rising for mineral raw materials, and this in turn is boosting activity in mining. Indonesian mining companies need expertise, technology and capital and they are looking to engage in cooperations with foreign partners. Indonesia’s raw material reserves are the 6th-largest in the world. According to the Ministry of Energy and Mineral Resources, the republic ranks 5th worldwide for tin reserves, 7th for copper, and 15th for coal. Indonesia is already the world’s largest exporter of coal for power stations. Extraction is exclusively by open-cast mining. Currently the annual yield is 340 million t, but this is expected to grow to around 500 million t by 2020. This forecast is based on the increasing demand from Asian economies and the rising needs of electricity suppliers in Indonesia.
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