Moscow-The Russian billionaire, Oleg Deripaska intends to bury his money in Indonesia, by acquiring mining companies. Step acquisition of the company's mines in the archipelago, made ​​his company to increase coal production by 50% in 2020.

Besides Indonesia, Deripaska intends to acquire the company in his own country and also in Mongolia. To achieve his dream, Deripaska plans to reach into his pocket U.S. $ 1.5 billion to finance the acquisition project.

Today, the company owned by Deripaska produce 16.8 million tons of coal per year. 2020, he was targeting production of 25 million tons of coal. Oleg Deripaska's business plan submitted by Andrey Churin, as Managing Director in the company owned by Deripaska (27 / 1).

Churin explained that currently 90% of the coal produced is used to drive power plants in the United Co. Rusal Deripaska, the world's largest aluminum producer. If the successful acquisition of mining companies in Asia, Deripaska plans to sell half that of coal to customers in Russia and in Asia by 2020.

Deripaska lately actively expanding its business in Asia. One of his company even became the first Russian company which is present in Hong Kong, the United Rusal Deripaska. With 47% ownership stake, Deripaska successfully sell stock in Hong Kong and managed to collect U.S. $ 2.2 billion at its IPO two years ago.

Just so you know, Deripaska is, to the 57 world's richest businessman according to Forbes. He was noted to have a fortune of U.S. $ 10.7 billion.