Britmindo News

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.

Revision of mining law to be completed this year

Minister of Energy and Mineral Resources Sudirman Said stated that the planned revision of the 2009 Mining Law is expected to be completed by end of this year.

ICMA expects lower coal output, export in 2016

The Indonesian Coal Mining Association (ICMA) expects the country’s coal production this year to further decline to around 350 million tons to 370 million tons from 392 million tons last year amid t ...

All non-C&C mining permits to be revoked by May

Minister of Energy and Mineral Resources Sudirman Said stated that efforts to resolve thousands of non-clean and clear (non-C&C) IUP mining permits will be completed by May of this year.