Britmindo News

Government sets higher 2019 coal DMO volume target

The Ministry of Energy and Mineral Resources has set coal domestic market obligation (DMO) volume for this year at 128 million tons, higher than last year’s realized DMO volume of 115.09 million ton ...

Government to increase royalty of major coal miners

The government plans to increase the royalty tariff of major coal miners in the country in a bid to increase state revenue, Bisnis Indonesia reported on Wednesday.

Indonesian coal derivatives show signs of strengthening

Indonesian thermal coal derivatives showed further signs of strengthening today, in line with a firming physical market. In the ICI 4 derivatives market, 5,000t of January contracts were brokered b ...

Viewpoint: China coal supply may increase in 2019

Chinas domestic coal supplies are likely to increase this year, as the country brings more efficient, advanced coal capacity on line, while pressure to cut capacity at older mines tapers off.

Viewpoint: Indonesian coal sellers plan amid volatility

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 producers have announced tentative p

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