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Billionaire's Bold Bet on Coal Pays Off Big Time

2025-01-08
Billionaire's Bold Bet on Coal Pays Off Big Time
The Wall Street Journal

In the heart of Indonesian Borneo, a new 60-mile road is being built to transport coal from thriving mines, a testament to the lucrative coal industry. With coal mining and transportation on the rise, this infrastructure project is expected to boost the local economy and create new opportunities in the energy sector, driven by increasing global demand for coal energy and coal mining equipment. As a major coal producer, Indonesia is set to benefit from this growth, with coal production and coal prices expected to remain high.

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