Incorporated
in 2004
Principals with over 40 years combined experience in Indonesian Mining
Current
workforce
of over
130 personnel
JORC
Competence
AusImm
Members
ISO 9001
Accredited
The Ministry of Trade announced on Thursday the issuance of a decree obliging coal exporters to register themselves with the directorate general of foreign trade at the ministry.
The Indonesian Coal Mining Association (ICMA) has opposed the new coal royalty hike plan as it would “kill” many miners amid the current industry downturn.
Despite efforts by the government to limit production this year, the country’s coal output in the first half of this year increased by 7.6 percent to 213 million tons from 198 million tons
The government announced its coal reference price (HBA) for July 2014 at US$72.45 per ton FOB vessel, lower compared to $73.64 per ton in June 2014.
Negative sentiment over large Chinese coal producer Shenhuas decision to cut its domestic coal prices mid-week permeated the Indonesian thermal coal market Friday leaving a wide bid-offer price gap
JAKARTA, June 18 (Reuters) - Plunging thermal coal prices will force some small and low-margin producers in Indonesia out of business before year-end, an industry group said, cutting output capacity
