Indonesia starts approving revised production plans for coal …
Thermal coal miners in Indonesia generally submit their production plan, locally known as RKAB, by the November-December period for the upcoming year. ... also confirmed the news, adding they received approval for 6 million mt. "We already have booking for about 4 million mt, which we will try to fulfill now, and for the remaining …
Bayan Resources | Indonesia Investments
PT Bayan Resources Tbk, part of the Bayan Group, is an Indonesia-based coal mining company. It is engaged in open cut mining primarily in East and South Kalimantan with various coal qualities ranging from semi-soft coking coal to environmentally-friendly low sulphur, sub-bituminous coal.
Indonesian coal miners tighten belt on unfriendly prices and …
Another Indonesia-based trader who primarily deals with low-CV coal said many miners have tried to lower their cost of production by cutting on mining activities, which comprise 35%-40% of their total operational cost, to cope with the current situation.
Coal Mining news | Breaking News & Top Stories | NewsNow
A 'gassy' Alabama coal mine was expanding under a home. After an explosion, two were left critically injured WBHM 03:01 Fri, 22 Mar. M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says Mining Weekly 02:07 Fri, 22 Mar. Couplings Market size is set to grow by USD 246.16 mn from 2023-2027,stringent emission ...
Coal Mine Tragedy in China: A Grim Reminder of Mining …
In a tragic incident that has left the community reeling, at least 11 lives were lost due to a coal mine accident in northeast China's Heilongjiang province. This occurrence, which took place at 2:40 pm local time at a mine outside the city of Shuangyashan, some 130 kilometers from the Russian border, has reignited concerns …
Indonesia's methane emissions from coal are 8 times worse …
Published: 10:20am, 12 Mar 2024. Why you can trust SCMP. Methane emissions from Indonesia 's expanding coal mining sector are significantly under-reported, jeopardising …
Indonesia needs 127.1 mil mt coal for domestic market in …
The price of Indonesian 4,200 kcal/kg GAR coal rose from $63.45/mt FOB Dec. 31 to $80.05/mt Feb. 11, before easing to $76.05/mt Feb. 21, S&P Global Platts data showed. Indonesia has decided to levy penalties on thermal coal miners that failed to meet their DMO in 2021, as well as impose several restrictions on exports, Platts reported Feb. …
Indonesia approves 2024 coal production quota of 922 mil …
"The producers supplied around 60 million mt to the smelters in 2023, while this year the supply could rise up to 90-100 million mt as many new smelters will start …
Indonesia's coal burning reaches record high amid …
Data from the Indonesian Ministry of Energy and Mineral Resources showed that coal consumption amounted to 745.72 million barrels of oil equivalent (BOE) in 2022, a 33 per cent increase from …
Rich nations may fork out billions to wean Indonesia off coal
This year, Jokowi broke ground on the nation's first coal gasification plant, which will cost $2.3 billion. In coal-mining regions such as East Kalimantan, proposed site of Indonesia's new ...
Indonesia levies additional tariffs on coal shipments from …
Indonesia has imposed additional tariffs on ship-to-ship transport of coal cargoes from the Muara Berau port in Samarinda effective Oct. 1, according to a notice issued by the Indonesian coal mining association, seen by …
A dirty habit: Why Indonesia is addicted to coal and how it …
Published. Oct 14, 2023, 05:00 AM. CILEGON, Indonesia – In the busy port adjacent to the giant Suralaya power plant complex west of Jakarta, a steady stream of barges deliver shipments of black ...
Coal industry in Indonesia
Indonesia is one of the world's largest producers and exporters of coal. Coal mining accounts for around 6.6 percent of Indonesia's national GDP, making it one of the country's most important ...
Indonesia raises coal royalty rate to range of 14% to 28
Indonesia on Monday raised its royalty rate for coal miners from a single tariff of 13.5% to a range of 14% to 28% dependent on government-set coal benchmark …
Indonesia's coal miners are bracing for new export curbs
Asia's benchmark Newcastle coal price jumped 35% to a new record of $353.75 a ton on Friday, according to a weekly index compiled by IHS Markit and Argus. …
Indonesia Miner : News
From 2023 to 2024, the investment in smelters in Indonesia is projected to amount to USD 11.6 billion (IDR 182.3 trillion) for 16 smelters' development.During a parliamentary hearing in Jakarta on Tuesday, the Acting Director General of Minerals and Coal at the Energy and Mineral Resources Ministry, Bambang Suswantono, said that out …
Indonesia seeks revised production plans from miners …
Miners need approval from the government to produce more coal in a year than estimated in their annual mining plans submitted at the start of the year. The permission from the government for the revised production and budgets usually comes by this time of year but delays in approvals to revised output plans had refrained some …
Latest Indonesia Mining News, Information & Updates
MEMR to auction 10 mineral and coal mining areas - Wednesday, October 4 2023 ; BBJ awaits Supreme Court ruling on mining license termination - Thursday, October 19 2023 ; Antareja secures new mining contract from Mifa Bersaudara - Saturday, October 21 2023 ; Indonesia energy, mining M&A in Q3 - Monday, October 30 2023
Indonesia promises move to clean energy, but …
Around Asia. > article. Indonesia promises move to clean energy, but challenges loom. THE ASSOCIATED PRESS. February 14, 2023 at 12:08 JST. Coal barges are anchored on Mahakam River in...
Indonesian coal producers to declare force majeure amid …
For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Subscribe Now. Coal | Metals; ... The ban could disrupt coal production of around 38 million-40 million mt, according to the Indonesian Coal Mining Association APBI. "As a result, the government has the potential to lose foreign ...
Indonesia miners seek solution as coal export ban rattles sector
(Asahi Shimbun file photo) JAKARTA/CHENNAI--Indonesian coal miners want a quick resolution to a government coal export ban that has caused fuel prices to …
Indonesia issues penalty rules for coal miners not meeting …
Platts reported Jan. 19 that Indonesia is mulling penalties on coal miners that failed to meet domestic supply requirements in 2021, besides tightening export rules. The three-week export ban has led to supply tightness in the spot market and a rise in prices, as miners are stuck with clearing January order backlogs with laycans getting delayed.
Indonesia raises power sector's 2023 coal requirements to …
The Indonesian government requested thermal coal miners to supply 161.15 million mt to the country's power producers in 2023, a stark jump from the demand projected for this year, which will likely ke ... breaking news, analysis, pricing and data visualization subscribe today. Subscribe Now. Coal | Metals ... Mining Business Permit and Special ...
Indonesia's decision to move capital to East Kalimantan …
"Domestic coal consumption will be boosted as energy demand will be ramped up, so this will help the coal industry in Indonesia remain attractive," he said. According to Indonesian officials, construction of the new capital is expected to begin in 2021, and will be completed by 2024.
Indonesia's Coal Miners Face Job Losses Amid Clean Energy …
As the Indonesian government accelerates its drive towards clean energy, the early closure of these coal mines looms large, casting a shadow of potential job losses over the 30,000 workers who toil beneath the earth. Energy Transition: A Global Imperative The Just Energy Transition Partnership (JETP), a pioneering initiative launched by …
Coal Mining news | Breaking News & Top Stories | NewsNow
Yesterday. Mining company finds its expansion plans would displace 'critical' koala population ABC Online 12:39 Sun, 24 Mar. MCL becomes first ever company to achieve 200 MT coal production The Statesman 08:48 Sun, 24 Mar. 25 Mar 07:00. Read the latest Coal Mining headlines, on NewsNow. Coal Mining news, analysis and opinion from around …
Mining in Indonesia: A Comprehensive Overview in 2023
Conclusion. Indonesia's mining sector, rich in resources from coal to gold, plays a pivotal role in the nation's economic growth. The impressive targeted production figures, such as 694.5 million metric tons of coal for 2023, highlight Indonesia's ambition and dominance in the global mining market.
Thailand's PTT to sell Indonesian coal mines amid lower …
PTT operates its Indonesian coal mining business through its subsidiary Sakari Resources Co., which operates two mines -- Jembayan and Sebuku. The mines cumulatively sold volumes to the tune of 6.14 million mt in 2021, nearly 4% lower than 6.37 million mt in 2020.
Mining in Indonesia: Investment, Taxation and Regulatory …
Indonesian Production of Coal and Minerals. The coal production of Indonesia has shown steady growth over the last decade. Indonesia consistently recorded coal production increases, except for the years 2014-2015 when coal production decreased due to the decline in coal price and the attempt by the Government of Indonesia ("the …
Indonesia's methane emissions from coal are 8 times worse …
The group said Indonesia was using outdated methods to estimate its emissions, and was also failing to report CCM from underground coal-mining activities, which can be far higher than from surface ...