Indonesian President Joko Widodo on Monday inaugurated a new ferronickel plant with 1.8 million tonne output capacity in southeast Sulawesi province built for an estimated $2.7 billion.
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Indonesian coal miners must sell 25% of their output to domestic power plants at a maximum price of $70 a tonne. Adaro Minerals Indonesia, a unit of Indonesia''s second-largest coal miner Adaro Energy, said in a statement that it had asked to export metallurgical coal, which is used to make steel rather than generate power.
Indonesia is the fifth most populated country in the world and is a major producer of agricultural products. The islands of Java and Bali account for only 7 percent of Indonesia’s total land area but 60 percent of the population. Agriculture is very intensive on these islands, with up to three crop rotations per year.
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Indonesia, the world''s biggest thermal coal exporter, has allowed 37 loaded coal vessels to depart after they secured approvals from authorities, the Coordinating Ministry of Maritime and Investment Affairs said on Thursday. In a statement, the ministry said an export ban implemented on Jan. 1 had been eased for miners that had met a requirement to sell a portion of their output for local
INDONESIA''S DMO SYSTEM 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 start of 2021, peaking at $215 per tonne in November, due to a global energy crunch.
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Indonesia on Thursday revoked thousands of permits for mining, coal and forestry as the government battles to rein in its vast resources sector. President Joko Widodo''s announcement comes during a wrangle with coal producers over their failure to supply the domestic market, which sparked a ban on overseas shipments by the world''s biggest thermal coal exporter.
JAKARTA--Indonesia said on Thursday it would allow 37 vessels loaded with coal to depart, in the strongest sign yet that the world''s biggest thermal coal exporter is relaxing its ban on shipments.
JAKARTA: Indonesia has banned coal exports in January due to concerns over low supplies for domestic power plants, local media reported on Saturday, citing a letter sent by the energy ministry.
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
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Under the rule, miners are required to sell 25% of their output to local power plants at a maximum price of $70 per tonne. Indonesian President Joko Widodo threatened on Monday to revoke the
Prices. Coal prices vary by region as well as by grade and quality. The price rebound starting in 2016 ended in 2018, moving in a downward trend in 2019. After stabilisation of prices in the beginning of 2020, Covid-related demand suppression pushed prices down. FOB prices for thermal coal with a calorific value (CV) of 6 000 kcal/kg which had
Under the rule, miners are required to sell 25% of their output to local power plants at a maximum price of $70 per tonne. Indonesian President Joko Widodo threatened on Monday to revoke the
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Indonesian President Joko Widodo on Monday inaugurated a new ferronickel plant with 1.8 million tonne output capacity in southeast Sulawesi province built for an estimated $2.7 billion.
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
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Indonesia on Thursday revoked thousands of permits for mining, coal and forestry as the government battles to rein in its vast resources sector. President Joko Widodo''s announcement comes during a wrangle with coal producers over their failure to supply the domestic market, which sparked a ban on overseas shipments by the world''s biggest thermal coal exporter.
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INDONESIA''S DMO SYSTEM 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 start of 2021, peaking at $215 per tonne in November, due to a global energy crunch.
Indonesian coal miners must sell 25% of their output to domestic power plants at a maximum price of $70 a tonne. Adaro Minerals Indonesia, a unit of Indonesia''s second-largest coal miner Adaro Energy, said in a statement that it had asked to export metallurgical coal, which is used to make steel rather than generate power.
Indonesia, the world''s biggest thermal coal exporter, has allowed 37 loaded coal vessels to depart after they secured approvals from authorities.The Coordinating Ministry of Maritime and Investment Affairs said on Thursday an export ban implemented on January 1 had been eased for miners that had met a requirement to sell a portion of their output for local power generation after the state
Indonesia announced on December 31, 2021, that it would suspend coal exports in January or until its coal suppliers could fulfill the requirement of selling at least 25% of their output to domestic buyers at US$70 per ton. Indonesian officials said the measure was aimed at helping local power plants secure enough coal to generate affordable