Di bawah ada daftar dengan kolom dan profil perusahaan yang subyeknya berkaitan.
Berita Hari Ini Coal Production
In the first three quarters of 2018, Indonesia's total national coal production reached 319.08 million tons, or nearly 63 percent of the government's full-year 2018 target (set at 506.9 million tons), according to the latest data from the Energy and Mineral Resources Ministry.
According to the latest data from Indonesia's Energy and Mineral Resources Ministry, the nation's coal production reached 163.4 million tons in the first half of 2018. This may seem a very low figure considering the Indonesian government targets national coal production at (a maximum of) 485 million in full-year 2018 (and not unoften this target is exceeded as local coal companies are eager to boost sales, particularly in times of high coal prices).
Domestic coal demand in Indonesia is estimated - by the Indonesian government - to reach 114.51 million tons in 2018, up around 6 percent from estimated demand in 2017. Bambang Gatot, Director General for Coal and Minerals at the Energy and Mineral Resources Ministry, said coal-fired power plants remain the biggest domestic consumers of coal.
Coal imports into China are expected to recover in the last two months of the year and therefore various analysts say the coal price is able to touch beyond USD $97 per ton before the year-end. In October coal imports into China - the world's largest coal importer - had fallen by a whopping 24 percent (m/m) to 21.3 million tons due to the availability of plenty domestic coal supplies.
Despite the recovering coal price, actual coal production in Indonesia remained relatively low up to the third quarter in 2017. Based on data from Indonesia's Energy and Mineral Resources Ministry, national coal output reached 294.5 million tons up to 31 August 2017, roughly 62 percent of the full-year target (477 million tons) that was set by the Energy Ministry.
The Indonesian government is having problems curbing the nation's coal output, especially now coal prices are at a much more attractive level compared to one year ago. Therefore, the government may consider implementing disincentives or even sanctions in order to keep coal production under control and push it down to (an annual) 400 million metric tons by 2019.
While Indonesian authorities try to curtail the nation's coal production in order to safeguard plenty of supplies for future use (particularly to fuel Indonesia's coal-fired power plants), it is difficult for local coal miners to resist producing and exporting more coal now coal prices are still about 50 percent higher compared to the situation one year ago.
Despite seeing a supply surplus in Asia, coal prices are expected to remain stable in the foreseeable future supported by expectations of Chinese intervention into domestic coal production. China is the world's largest producer and consumer of coal and therefore the main determinant of the coal price. On Friday (19/05), the Newcastle coal index (May 2017 contracts) rose 0.27 percent to USD $74.25 per ton.
For the third consecutive month Indonesia's benchmark coal price declined. This price (in Indonesian: Harga Batubara Acuan, or HBA), which is based on a selection of domestic and international coal indices, is set on a monthly basis by Indonesia's Energy and Mineral Resources Ministry. For March 2017, the HBA was set at USD $81.90 per metric ton, down 19.5 percent from its recent peak of USD $101.69 per ton in December 2016.
Indonesia's Ministry of Energy and Mineral Resources will prepare new regulations regarding coal production in the regions. Usually, local coal miners, together, produce much more coal than what is targeted by the central government. By implementing stricter regulations and better monitoring (by enhanced coordination between the central and regional governments) there should be less opportunities for Indonesian coal miners to produce excess supply in the future.
Artikel Terbaru Coal Production
As is widely known, coal is the most important energy source for the generation of electricity in Indonesia. Among the key reasons are that Indonesia has huge reserves of coal under its soils (hence it is relatively cheap to use coal, hence attracting plenty of private investment amid ever-growing electricity consumption in Indonesia over the past two decades) and efficient coal-fired power plant technology.
Over the past couple of months –essentially since touching a low in August 2020– global coal prices have surged. In January 2021 coal prices were at their strongest levels in almost two years (before experiencing a mild correction in February 2021).
By revising Indonesian Government Regulation No. 23/2010, the Indonesian government plans to provide local coal miners more certainty by allowing an earlier submission of a request for the extension of mining concessions. Stakeholders in the mining sector argue that this would considerably strengthen the nation’s investment climate, specifically the coal mining industry, on the back of improved legal certainty.
The big Indonesian coal miners that are listed on the Indonesia Stock Exchange expect to raise their production volumes in 2018 amid rising global demand and the subsequent stronger coal price. Moreover, most local coal companies were heavily affected by bad weather in 2017 and therefore their output had been curtailed naturally, while coal prices had actually been skyrocketing since mid-2016.
A number of listed coal mining companies on the Indonesia Stock Exchange are eager to raise production capacity amid attractive coal prices. One way to boost production capacity is through the acquisition of other coal miners. Indonesia's key thermal coal price (Harga Batubara Acuan, HBA) - the monthly benchmark price that is set by the Energy and Mineral Resources Ministry - rose slightly to USD $94.80 per metric ton in November 2017.
Indonesia's November 2016 coal price broke a record. The nation's benchmark thermal coal price (locally known as the Harga Batubara Acuan, HBA) - a monthly price set by Indonesia's Energy and Mineral Resources Ministry and which is based on domestic and international coal indices - jumped 22.9 percent month-on-month (m/m) to USD $84.89 per metric ton this month, the highest monthly HBA price rise ever recorded. Compared to the start of the year, Indonesia's coal price has now risen 59.6 percent, the sixth straight monthly gain. But is this reason for euphoria?
Many Indonesian coal miners that are listed on the Indonesia Stock Exchange (IDX) have seen their shares surge in the past couple of months supported by the recovering coal prices. Indonesia's thermal coal price (in Indonesian: Harga Batubara Acuan, abbreviated HBA), a monthly price set by Indonesia's Energy and Mineral Resource Ministry and which is based on domestic and global coal prices, soared from USD $50.92 per metric ton in February 2016 to USD $63.93 per ton in September.
Coal production in Indonesia fell 15.4 percent to 263 million tons in the first eight months of 2015 (from 311 million tons in the same period last year) as Indonesian coal miners cut production due to low global coal demand. Last week it was reported that Indonesia’s reference thermal coal price hit another all-time low at USD $58.21 per metric ton (FOB), down 1.6 percent from the August reference rate, and the fifth consecutive month of decline. Meanwhile, Indonesia’s coal exports fell 18 percent to 211 million tons (y/y) in the January-August period.
In the 2000s many Indonesian companies diversified their business to include coal mining (or shifting their core business to coal mining altogether) due to lucrative opportunities amid the 2000s commodities boom. However, since 2009 mining companies have had to face tough times. Especially since 2011 commodity prices have shown a declining trend and there remains little hope of a rebound on the short term as the sluggish global economic growth trend persists, particularly led by the economic slowdown in China.
The government of Indonesia is eager to use current low coal prices as the context to push for consolidation in the country’s coal mining sector. Sudirman Said, Minister of Energy and Mineral Resources, announced that the government may revoke over 4,000 troubled mining licenses this month and install a better licensing system. Licenses that may be revoked are Mining Business Permits (IUPs), not the long-standing Coal Contracts of Work (PKP2B) that are held by companies such as Bumi Resources and Berau Coal Energy.
Bisnis Terkait Coal Production
