News focus: plan to privatize steel company draws mixed reactions

"The government`s plan to privatize state-owned steel company PT Krakatau Steel (KS) has drawn mixed reactions from various quarters. While facing pressure to choose between privatizing through a strategic sale or through an initial public offering (IPO), the government is...

Govt should reconsider plan to sell Krakatau shares to foreign firm

""We must be wary of the relevant partner`s wish (to buy Krakatau shares) because its track record is not so good. It has laid off many of its workers," he said at the Presidential Palace here on Thursday. Juwono said the government had better support any proposal for the...

Govt advised not to sell Krakatau Steel to Mittal

"The State Enterprises (BUMN) Watch asked the government on Sunday to drop its plan to sell state-owned steel company PT Krakatau Steel to the world`s biggest steel company Arcellor Mittal under a strategic sales scheme.If the government was to privatize PT Krakatau, it...

Krakatau child generates flames and fireballs

"Serang (ANTARA News) - After having remained quiet for the past two weeks, Mount Anak Krakatau in the Sunda Strait on Tuesday resumed its volcanic activity spewing glowing material and fire balls into the sky, an officer at an observation post in Serang said.During the early...

Seismometer at Mt Anak Krakatau resumes functioning

"The seismometer of the Mt Anak Krakatau (GAK) in the Sunda Strait, Lampung province, has resumed functioning on Sunday at 2.02 p.m West Indonesia Time, because of clear weather after heavy rains for several days in the area.Head of the Mt Anak Krakatau monitoring team in...

Krakatau Steel earns big income from CDM

"The production of one ton of crude steel would need energy equivalent to the energy a car needs to cover a distance of 5,100 kilometers, or to the energy contained in three barrels of crude oil. "It has been estimated that 5 to 10 percent of the global greenhouse gas...

Anak Krakatau volcano quakes declining

"It was reported that from 00:00 to noon West Indonesia Standard Time (WIB), at least 124 eruptions, 28 volcanic quakes, 64 tremors and 40 quakes were recorded at the seismograph.So far, the frequency of eruptions and quakes of Anak Krakatau was fluctuating as marked by deep...

Mount Anak Krakatau eruptions not disastrous

Serang (ANTARA News) - Eruptions of Mt Anak Krakatau in the Sunda Strait, would not be so disastrous as the frequency of daily eruptions, volcanic shocks and tremors, has been fluctuating. Observers at the Anak Krakatau monitoring post in Pasauran village, Cinangka...

No threat despite eruption at Anak Krakatau volcano: scientist

""Tremors from Anak Krakatau are still fluctuating but are still within the limits of the 'beware' status," volcanologist Anton told AFP, speaking from a monitoring post about 40 kilometres (25 miles) from the island-volcano. "Even if a main (explosive) eruption happened,...

Activity of Mt Anak Krakatau increasing

Serang (ANTARA News) - The activity of Mt Anak Krakatau in the Sunda Strait in the last 18 days has been increasing causing frequent volcanic tremors. Anak Krakatau also spewed molten lava and hot rocks reaching 700 meters high. According to the Anak Krakatau...