Bangkok Post: Banpu bumps investment to $1.7bn

Banpu Plc raised its five-year capital expenditure budget through 2015 to US$1.7 billion from $466 million including $600 million to be spent on its Australian coal operations. Thailand’s largest coal miner aims to raise its coal production to 60 million tonnes by 2015 from 47.7 million tonnes this year, said chief executive Chanin Vongkusolkit. Australian coal production will total 20 million tonnes, 30 million will come from Indonesian mines, 5 million from Mongolia and another 5 million from China. To read the full article, click hereBanpu bumps investment to $1.7bn

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