Britmindo News

Government wont relax mineral ores export ban

Minister of Energy and Mineral Resources Sudirman Said stated Monday that the government will not lift the current export ban on mineral ores as the risks from such a move would be greater than the ex

HBA coal reference price down to $58.21

The government set its coal reference price (HBA) for September 2015 at US$58.21 per ton, 1.57 percent lower than $59.14 in the previous month.

Fitch: Indonesia Miners NPLs to Rise Further, Bank Risks Build

(Fitch Ratings-Jakarta/Singapore-24 August 2015) -- The NPLs of Indonesian mine and mine services companies are likely to rise further in the short term, says Fitch Ratings, after reaching multi-year

Indonesias Aug HBA thermal coal price records another all-time lo ...

Indonesias Ministry of Energy and Mineral Resources set its August thermal coal reference price, also known as Harga Batubara Acuan, at $59.14/mt FOB, the lowest ever since its inception in January 2

Indonesias thermal coal output cuts seen unlikely to boost prices

Thermal coal output cuts in Indonesia in 2015 may not lend much support to prices amid muted Chinese demand that cannot be outweighed by interest in emerging markets, market sources said Tuesday.

Indonesian high CV thermal coal still commands premium in Japan

Indonesian high-grade thermal coal sold on term contract is still commanding a premium in Japan to Australian supply, even as more Japanese buyers tap the spot market for lower prices.

Britmindo Group enters into association agreement with PT Danmar ...

PT Danmar Explorindo, PT Geo Search, and the Britmindo Group and have decided to combine their resources and expertise to provide the Indonesian coal and mineral industry with a complete range of serv

MEMR grants C&C status to 168 mining firms

The Ministry of Energy and Mineral Resources (MEMR) said it has granted the so-called C&C status for another group of 168 miners holding the IUP mining business license, both coal and mineral.

Coal reference price for July set at $59.16

The government set its coal reference price (HBA) for July 2015 at US$59.16 per ton FOB, lower than $59.59 per ton set in June.

Government presses ahead with coal royalty hike plan

The Ministry of Energy and Mineral Resources is pressing ahead with plans to increase the coal royalty tariff despite strong protest from miners, Bisnis Indonesia reported on Tuesday.