Leading Position; Manageable Asset Concentration: AEI is one of the largest coal producers in Indonesia, and the third-largest seaborne coal exporter globally. AI accounts for about 80% of AEI's coal production, but we think the potential risk of business disruption from AEI's asset concentration is manageable. AI's main pit, Tutupan, covers a ...Web

World leaders recently announced a $20 billion climate deal to help get Indonesia off coal power. But there are doubts about the deal because — for one thing — the country is planning to build...Web

Indonesia is one of the world's top coal producers, and is heavily reliant on the fuel for power generation. It has even mooted designating as "green" coal-powered plants that power EV industry ...Web

Coal production in Indonesia is estimated to reach 545 Mt in 2021, up 3% from the previous year reflecting increased domestic and export demand. In August 2020 Indonesia's energy and mineral resources ministry issued a target of 609 Mt of coal production for 2021, updated at a more realistic 550 Mt in December 2020.Web

T he share price of Jakarta-listed coal company Prima Andalan Mandiri more than doubled in the past year to 7,125 rupiah on Wednesday, making Eddy Sugianto, 76, Indonesia's newest billionaire ...Web

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 COAL-HBA-ID has ...Web

There are more than 3032 coal mines in operation globally, of which 127 are in Indonesia, according to GlobalData's mines and projects database. The following are the five largest coal mines by production in Indonesia in 2022, according to GlobalData's mining database, which tracks more than 33,000 mines and projects from early …Web

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 keep supplies tight, according to a letter to miners seen by S&P Global Commodity Insights Nov. 7.Web

Former presidential candidates Aburizal Bakrie and Prabowo Subianto have significant stakes in coal, as do numerous members of parliament and even ministers in President Joko "Jokowi" Widodo's …Web

Coal producers. In 2022, Indonesia's coal production reached over 687 million metric tons, showing an increase in comparison to the previous year. Experiencing a significant increase in the same ...Web

Sangatta Mine in East Kalimantan, Indonesia, was the largest coal-producing mine in the Asia-Pacific, producing approximately 51.4 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021 and an estimated 49.2 million tonnes of Coal in 2021. The Sangatta Mine is owned by PT Bumi Resources Tbk. The second largest coal-producing mine with …Web

The coal price reference in Indonesia was established to fulfil the requirement of mining Law 04/2009 and ministerial decree 7/2010. In addition to that, it aims to increase government revenue from royalties from coal producers. The declared Indonesia thermal coal reference price (or called HBA) for September 2020 was the …Web

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...Web

PT umi Resources is Indonesia's largest mining company and coal producer and had an output of 89.4 million short tons in 2020.18 PT Adaro is the second-largest mining company and coal producer, producing almost 59 million short tons of coal in 2020.19 PT Kaltim Prima Coal (KPC), a subsidiary of PTWeb

We expect prices to subsequently align with our earlier long-term assumptions on continual coal substitution in the energy mix. The report, "Earnings Roundup 1Q22: Indonesia Coal", is accessible at or by clicking the link above. Contact: Shubha Sethi. Director. +65 6796 7245. Fitch Ratings Singapore Pte …Web

Coal burning is thought to be responsible for more than 0.3° Celsius of the 1°C (0.5° Fahrenheit out of 1.8°F) increase in global average temperatures since pre-industrial levels. This makes ...Web

Coal producers. In 2022, Indonesia's coal production reached over 687 million metric tons, showing an increase in comparison to the previous year. Experiencing a significant increase in the same ...Web

The benchmark grade of Indonesian thermal coal - with a calorific value of 4,200 kilocalories per kilogram (kcal/g) - has averaged around $65 a ton so far in 2023, according to LSEG. Indonesia vs ...Web

Leading producers of coal in Indonesia are PT Bumi Resources, PT Adaro Energy and PT Bayan Resources. During 2020-2021, PT Bumi Resources 's output was …Web

Reading Time: 1 min read. Indonesia is the world's largest seaborne exporter of coal, accounting for 33.6% of the global seaborne coal market in 1H 2023. Export volumes from Indonesia were relatively depressed during 2020 and 2021, due to disruption from Covid-19 and from government policies favouring domestic consumption, but bounced back to ...Web

Coal sector analysts have been busy in recent months mapping the negative impact of low coal prices from the COVID-19 pandemic on Indonesian coal companies' cash flow and government royalties. Our first report concluded that Indonesia's 11 listed coal producers face an onerous challenge in the pandemic-induced operating …Web

The Bumi Barito Mineral (BBM) coking coal project is an open-cut coal mine being developed in the Kalimantan province of Indonesia. The high-quality metallurgical coal mine is jointly owned by developer Cokal (60%) and the Government of Indonesia (40%). A pre-feasibility study (PFS) for the project was completed in October 2012, while a ...Web

Indonesia had 42.8 billion short tons of recoverable coal at the end of 2020, located primarily in South Sumatra, East Kalimantan, and South Kalimantan. 34 The Ministry of Energy and Mineral Resources expects reserves to increase as a result of the amendment of Law No. 4, which requires producers to submit the details of their …Web

Published Dec 11, 2023. + Follow. Petromindo presented the 2024 Indonesia Coal Outlook Conference from the 5-6th December 2023, with about 275 attending the Jakarta event. Most of the ...Web

Indonesia's coal output so far this year stands at 689.37 million tons, while exports are at 350.05 million tons, according to mining ministry data. Coal output for 2022 was 687 million tons and ...Web

Previously, coal producers were subject to a nontax obligation called the coal production result fund (DHPB), which imposed coal royalties at a fixed rate of 13.5 percent, regardless of coal ...Web