04.08.2014 03:44:00
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Adaro Indonesia PT -- Moody's: Indonesian coal producers pressured by weak coal prices
Singapore, August 04, 2014 -- Moody's Investors Service says that depressed coal prices will pressure Indonesian miners' credit quality over the next 12-18 months, weakening leverage as margins and cash flows contract. Miners with strong liquidity are best positioned to weather the prolonged downturn.