Jan 18 (Reuters) - Aus Asia Minerals Ltd AQJ.AX :
* Market update AQJ.AX
* Due to the falling commodity prices, krakatau steel have temporarily stopped
production at its blast furnace in cillegong, java
* Says additionally under Indonesian mining law, iron ore cannot be exported
* Company has temporarily suspended operations under the solok project until
there is a market for its iron ore resources
* Due to the current trading difficulties the company has stopped all
expenditure, including salaries"
* Co is currently in talks with potential end users both within Indonesia and
throughout Asia
* Company is in negotiations with certain parties for funding to be provided to
allow these discussions and plans to be finalized
* Creditors of company are currently being contacted to seek their support and
to seek agreements regarding the outstanding amounts
* Source text for Eikon ID:nASX88b276