Britmindo News

HBA coal reference price for January 2019 down to $92.41

The government sets its coal reference price (HBA) for January 2019 at US$92.41 per ton FOB, down from $92.51 per ton set in December 2018, according to Minister of Energy and Mineral Resources Decree

Viewpoint: Indonesian coal sellers plan amid volatility

Singapore, 31 December (Argus) — Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about Chinas import policy could also curb exports, even though a number of pr ...

Miners will be required to park export proceeds at home, convert ...

The government is finalizing a new regulation that would require proceeds from the export of natural resources including mining commodities to be parked in the “Indonesian financial system.”

Activity rises in ICI4 coal derivatives market

Singapore, 8 November (Argus) — Activity increased sharply in the ICI4 thermal coal derivatives market today, with a total of 70,000t trading and clearing on the CME.

Ministry approves coal DMO quota transfer proposals

The Ministry of Energy and Mineral Resources has approved proposals from some coal miners to sell part of their coal production to other miners via so-called coal DMO quota transfer mechanism to help

Coal DMO has reached 70% of full-year target: Official

The government said that realized coal domestic market obligation (DMO) as per November of this year has reached 85 million tons, or 70.25 percent of the full-year coal DMO target of 121 million tons.

Ministry approves additional coal output of 21.9m tons

The Ministry of Energy and Mineral Resources has approved request made by coal miners for additional coal output of 21.9 million tons this year, much lower than the government’s target of 100 millio ...

Britmindo Group article published in the South China Morning Post ...

When Alan Nye passed the management of Britmindo on to his sons David and Stephen, he handed over a legacy of an honest and professional mining consultancy service. Today, the group continues to help

Thermal coal prices hit 6-year high

Benchmark seaborne thermal coal prices jumped to $120.10 per tonne on Thursday, its highest level since November 2012, thanks to tight supply in key Asian export regions. Measured from lows hit end-20

Global thermal coal demand likely to outstrip supply in H2 2018: ...

Global seaborne thermal coal supply is expected to fall short of expected demand in the second half of this year amid falling capital expenditures at key miners, Citi analysts said in a note Monday.