indonesian coal miners

Indonesia allows 37 coal ships to leave as export ban eased

Indonesia's two largest coal groups, PT Bumi Resources and Adaro Energy, as well as state coal miner Bukit Asam, opens new tab, were among companies that said in stock exchange filings they had ...

Coal miner Bayan sues Indonesian investment chief over …

Indonesian coal miner Bayan Resources is suing Indonesia's investment board head over a decision to revoke its permits. The revocation effectively reduces by 16% the total area of concessions ...

Indonesia Miner : Indonesia Pushes for Coal Processing …

The Indonesian government is pursuing a policy to mandate coal miners to operate local processing plants after annual coal production hit a new record in 2023. The downstream industry policy seeks to restrict the export of raw coals while obliging producers to come up with a clear domestic processing agenda by 2025.

Indonesia seeks revised production plans from miners

The development has come with several coal miners are waiting for an approval from the government for their revised production quota for this year. ... "Post review, ESDM needs to give approval by 30 days from submitting the revised RKAB plan with relevant documents," an Indonesia-based miner said. One of the miners, …

Indonesia miners seek solution as coal export ban rattles …

Indonesian coal miners want a quick resolution to a government coal export ban that has caused fuel prices to rise and could disrupt the energy supplies of some of the world's biggest economies.

Indonesian Coal Miners Post Revenue Growth Despite Global

Despite the global shift away from fossil fuels, Indonesian coal miners have posted encouraging growth, thanks to a dramatic rise in coal prices throughout the year.

Indonesia starts approving revised production plans for coal miners

Thermal coal miners in Indonesia generally submit their production plan, locally known as RKAB, by the November-December period for the upcoming year. They are also given a provision to revise their output target by the month of July next year. To execute their revision plan, the miners require the government's permission, without …

Indonesian Coal

Indonesia is a major producer of low and high grade thermal coal & is a key exporter market maker for Asia, especially China and India. Coal export targets for 2023 are 500M tonnes – our Team have direct access to all the top & most trusted exporting mines to secure you allocation of your required specs.

With new law, Indonesia gives miners more power and …

They include coal miners PT Arutmin Indonesia (whose permit expires in November 2020), PT Kaltim Prima Coal (2021), PT Kendilo Coal Indonesia (2021), PT Multi Harapan Utama (2022), PT Adaro ...

The five largest coal mines in operation in Indonesia

The following are the five largest coal mines by production in Indonesia in 2023, according to GlobalData's mining database, which tracks more than 33,000 mines and projects from early exploration to closure across more than 150 countries and over 100 commodities.

Explainer: How Indonesia, the world's top thermal coal …

Indonesia requires coal miners to sell 25% of their production locally at a maximum price of $70 per tonne for power plants. Meanwhile, a government-set benchmark export price has soared since the ...

APBI-ICMA

Founded on 20th September 1989 as to response to the challenges of coal mining industry in Indonesia. The APBI-ICMA is a non-government, nonprofit and non-political organization that embraces both upstream (exploration and exploitation) and downstream (marketing the distribution, utilization and mining services) aspects of coal industry in Indonesia.

Indonesia's Coal Industry: Outlook and Potential

Indonesia's Coal Industry. Mining Business License (IUP): is a requirement for extractive activities for a specific mineral in a certain area, with the possibility of obtaining priority if other minerals are found, requiring a new license application. Special Mining Business License (IUPK): is a permit for extraction in specific mining areas …

Corporates Spotlight: Indonesian Co

miners to coal-price falls. Adaro has the most resilient FFO among rated Indonesian coal companies – given its competitive mining business and stable service businesses, while Bayan generates the highest EBITDA/tonne (t) (coal-mining segment only), reflecting its best cost position among Fitch rated Indonesian coal miners. This is

Indonesian coal miner Bumi Resources eyes 2024 output at …

JAKARTA, Jan 3 (Reuters) - Indonesia's biggest coal miner Bumi Resources aims to produce around 80 million metric tons of coal this year, up from an estimated 78 million tons, Director Dileep Srivastava said on Wednesday.

Indonesia secures coal supplies amid hopes of end to …

Pandu Sjahrir, chairman of the Indonesian Coal Miners Association (ICMA), said the group's 10 biggest members would help PLN close the supply gap as a "very short-term solution".

Indonesia's coal miners want higher 2022 output target: …

Several large coal miners in Indonesia announced their production forecasts for 2022, expecting a significant increase from 2021 output levels. Higher prices, higher output, higher profits. Indonesian coal miner PT Bumi Resources on May 12 said it plans to produce 83 million-89 million mt of coal this year, against the 78.8 million mt in …

Mining in Indonesia: Investment and Taxation …

Indonesian Production of Coal and Minerals. In 2022, the coal production target has been set at 663 million tonnes. Initially, Indonesian miners were expected to struggle to meet this target due to coal export restrictions …

Indonesia approves 2024 coal production quota of 922 mil …

An Indonesia-based producer said the approved quota is the maximum production if all miners operate at full capacity, but most of the miners usually meet 80% of the RKAB quota. The ministry said out of the total 883 RKAB proposals, 587 mining companies received approvals, while 121 applications were rejected due to technical …

Indonesia asks miners to submit production plans for next 3 …

Indonesian coal miners have a pre-set domestic market obligation that mandates them to sell at least 25% of their production within the country. Failure to do so attracts heavy penalty and may also lead to cancellation of license. But most miners are more inclined towards exporting coal as they are bound to sell the fuel domestically at a ...

Indonesia price reference to benefit coal miners | Reuters

Indonesia's attraction is the low price of its coal, reflecting cheaper freight rates and operating costs, despite poor infrastructure and weather problems which often lead to unreliable delivery ...

King Coal: How Indonesia became the fossil fuel's …

Indonesia saw domestic consumption fall 14 million tons short of projections, and the benchmark export coal price drop to a five-year low, leading to miners cutting 50 million tons of capacity ...

In Indonesia's illegal mines, the poor risk it all for fortune

Last year, six miners died at an illegal gold mine in Central Sulawesi, while 11 miners died at an unlicensed coal mine in a similar incident in South Sumatra in 2020. Chasing fortunes

Indonesian billionaires dig into Australian coal mines

Rio Tinto sold the Mount Pleasant thermal coal mine in 2016 for $244 million to MACH Energy Australia, which is wholly owned by the Salim family. And, the Adaro Group, Indonesia's second-largest ...

Indonesia coal miners may struggle to meet 2022 …

Indonesian miners may struggle to reach a 2022 output target of 663 million tonnes because of export restrictions imposed unexpectedly in January, Indonesia Coal Miners Association executive ...

2023 Coal Production Possibly Reach 700 Milions Tons

Referring to Minerba One Data Indonesia (MODI), coal production until August 8 2023 reached 433.51 million tonnes or 62.42% of the planned production of 694.50 million tonnes. ... Indonesia Miner. INDONESIA MINER offers partners an unsurpassed platform to reach Indonesia mining community and Global audience. …

Indonesia's coal miners are bracing for new export curbs

Indonesia requires coal producers to supply at least 25% of output to meet local needs and sets a ceiling price for coal sold to local power plants at $70 per ton, a policy known as the domestic ...

Indonesia coal miners seek export ban exemptions as costs …

Major Indonesian coal miners have sought exemptions from a coal export ban put in place at the start of the year as the costs of having scores of ships stranded offshore continue to mount.

News

Geo Energy aims to produce 25 million tonnes of coal a year from the acquired mineGeo Energy Resources has received USD 220 million in term loan facilities from Bank Mandiri to help fund acquisitions so that it can double down on the coal industry.The plans to secure the facilities, which will mature in five years, were first …