Britmindo News

Medco takes over Batu Hijau mine from Newmont

US mining giant Newmont Mining Corporation and IDX-listed energy firm PT Medco Energi Internasional Tbk announced on Thursday deals that lead to the pullout of the American firm from the Batu Hijau

Indonesian Thermal Coal Price (HBA) for July 2016 is US$53.00

Indonesian Thermal Coal Price (HBA) for July 2016 is US$53.00 which is up by US$1.19 per tonne from June 2016 price of US$51.81

Seaborne thermal coal trade to fall 30 mil mt in 2016, says analy ...

Singapore (Platts)--30 May 2016 310 am EDT/710 GMT Global seaborne thermal coal trade could fall 30 million mt this year, with much of the slump occurring in Europe, Mercuria Energy Tradings Direct ...

New Indonesian mine mouth coal pricing regulation introduces pric ...

On 4 April 2016, the Minister of Energy and Mineral Resources ("MEMR") issued a new regulation on coal pricing for mine mouth power projects, Regulation No. 9 of 2016 on the Procedures for the Supply

International thermal coal market adjusts to Chinas changing dyna ...

Seaborne cargo sellers are battling several headwinds in the China thermal coal market including stalling demand, lower economic growth and competition from renewable energy sources, said a range of m

HBA coal reference price up to $51.62

The government set its coal reference price (HBA) for March 2016 at US$51.62 per ton FOB, higher than $50.92 per ton set in February.

Coal reserves feared not enough to meet future demand from power ...

The Indonesia Coal Mining Association (ICMA) feared that the country’s current coal reserves will not be enough to meet future demand from new coal-fired power plants currently being developed.

PTBA updates coal reserves, resources

IDX-listed coal mining company PT Bukit Asam Tbk (PTBA) has recalculated coal reserves and resources at most of its mines, except for the Lahat mine in South Sumatra which is still in legal dispute.

Pakistan eyes coal purchase from Indonesia for power projects

Pakistan is looking into the possibility of procuring coal from Indonesia for its coal-fired power generation projects, a report said on Thursday.

HBA coal reference price down 4.29%

The government set its coal reference price (HBA) for February 2016 at US$50.92 per ton, down 4.29 percent from $53.2 per ton in the previous month.