President Prabowo Subianto Committed to Continuing Downstreaming Projects
President Prabowo Subianto Monday (03/17) inaugurated PT Freeport Indonesia’s Precious Metal Refinery (PMR) facility in Gresik regency, East Java province as a part of the downstreaming of national mining industry and an effort to strengthen Indonesia’s self-reliance in precious metal processing and refining. In his remarks, President Prabowo emphasized the importance of industrialization and downstreaming process of natural resources in order to increase value added to the national economy.
With Latest Technology, Sumber Daya Energi Pioneers Large-Scale Underground Coal Mining
PT Sumber Daya Energi (SDE) has achieved a significant milestone by officially commencing commercial operations of its first large-scale underground coal production.
Chandra Asri And INA Sign Memorandum Of Understanding to Pursue the Joint Development of a World-Scale Chlor-Alkali Plant in Indonesia
PT Chandra Asri Petrochemical Tbk (Chandra Asri), Indonesia's largest integrated petrochemical company, and Indonesia Investment Authority (INA), the nation’s sovereign wealth fund, have signed a Memorandum of Understanding (MoU) to collaboratively develop a world-scale chlor-alkali plant in Indonesia.
Strengthening Foreign Exchange, Ministry of Energy and Mineral Resources Require Minerba Industry Actors to Transact with Domestic Banks
Jakarta - The Ministry of Energy and Mineral Resources (ESDM) requires all mineral and coal industry players to carry out export transactions using domestic bank accounts.
Latest Energy
Hasnur Jaya International and Itochu Sign Additional Purchases in Coal of 2 Million Tons
Tokyo - PT Hasnur Jaya International (HJI) signed a new contract with Itochu Corporation. The two companies signed an agreement on the addition of 500,000 tons of coal orders this year.
No Supply To Power Plant, Mining Company Will Be Sanctioned
Jakarta - The Ministry of Energy and Mineral Resources (ESDM) prepares sanctions for coal mining companies that do not want to supply to the electricity sector.
How Much More We Have The Time Of Our Coal Reserves?
Jakarta - Based on data from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM), Indonesia's coal reserves reached 26.2 billion tons. With coal production of 461 million tones last year, the life of the coal reserves is still 56 years if it is assumed that no new reserves are found.
High Calorie Coal Bukit Asam Is Ready to Export to Asia
High Calorie Coal Bukit Asam Ready to Export to AsiaJakarta, High-calorie coal produced by PT Bukit Asam Tbk (PTBA) will be exported to a number of Asia. This step is an effort to accelerate income often steps the government to limit DMO bricks to a maximum of US $ 70 Per Ton.
Observers Assessing the Pricing of Coal for National Electricity is Realistic
Jakarta - Energy economics observer from UGM Fahmy Radhi considers that the government's decision to set the selling price of coal for domestic power plants of US $ 70 per ton is quite realistic.
APBI Learns The Impact Of The Establishment Of Coal Prices For National Electricity
Jakarta - The Indonesian Coal Mining Association (APBI) will study the impacts arising from the imposition of coal prices for national electricity.
Mineral and Coal Industry Outlook 2018
The year 2018 is also a continuation of the Government's efforts to resolve the negotiations with Freeport, where the divestment issue is still awaiting the outcome of negotiations with the Ministry of Finance and the Ministry of SOEs.
2017, Volume of Coal Transportation of Pelita Samudera Grows 31 Percent
Jakarta - PT Pelita Samudera Shipping Tbk (PSSI) successfully booked 30.4 million tons of coal transportation services in 2017, growing 31 percent compared to 2016's 23.24 million tons.
Adaro Indonesia's CSR Program Achieves Three Platinum Awards
Tanjung- PT Adaro Indonesia Corporate Social Responsibility (CSR) Program won a platinum award at the 2017 Indonesia CSR Award in Jakarta.
Bukit Asam Experiencing HBA Increase
Jakarta, PT Bukit Asam Tbk piawai take advantage of the momentum of rising coal reference prices by spurring production volumes. As a result his net profit shot up 250 percent to Rp 2.63 trillion.
Indonesian Coal Ready for Chinese Market Domination
Jakarta - Indonesia's coal is ready to dominate markets in China that are in need of enormous energy supplies to offset the rapid growth of the industrial sector.
Samindo Resources Gains Long Term Contract of Bayan Resources
Jakarta, PT Samindo Resources Tbk (MYOH) through its subsidiary PT SIMS Jaya Kaltim (SKJ) is awarded a long-term contract from PT Gunungbayan Pratamacoal, a business entity of PT Bayan Resources Tbk (BYAN).
Pursue Sales, Renuka Coalindo Targets Get Mining Permits
Jakarta - PT Renuka Coalindo Tbk (SQMI) targets to obtain a special production operation mining permit (IUP OPK). This is done to be able to pursue the sale of coal reaches 600,000 tons.
China Becomes Prospective Market of Indonesian Coal Industry
Jakarta, PT ABM Investama, a coal industry company, intends to target China as a highly prospective market for coal industry in Indonesia.