Below is a list with tagged columns and company profiles.

Today's Headlines Coal

  • Gov't of Indonesia to Delay New Shipping and Insurance Regulation?

    Gov't of Indonesia to Delay New Shipping and Insurance Regulation?

    After receiving criticism from various stakeholders, the Indonesian government reportedly decided to postpone the implementation of a new regulation that requires all domestic coal, palm oil and rice exporters to use ships that are owned by local sea shipping companies and requires them to use domestic insurance.

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  • Borneo Olah Sarana Sukses Sets Share Price at 400 a Piece for IPO

    Borneo Olah Sarana Sukses Sets Share Price at 400 a Piece in IPO

    Borneo Olah Sarana Sukses, an Indonesia-based coal mining company, set its share price at IDR 400 a piece (approx. USD $0.03) for the initial public offering (IPO) on the Indonesia Stock Exchange. The coal miner will offer 400 million shares, or 28.57 percent of the company's total share equity, to the public through the corporate move. As such, the company is set to raise IDR 160 billion (approx. USD $11.8 million).

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  • IPO News Indonesia: Coal Miner Borneo Olah Sarana Sukses

    IPO News Indonesia: Coal Miner Borneo Olah Sarana Sukses

    Indonesian coal mining company Borneo Olah Sarana Sukses will soon conduct its initial public offering (IPO) on the Indonesia Stock Exchange. The company plans to offer 400 million shares, equivalent to 28.57 percent of its share equity, to the public through the corporate move. Listing on the local exchange is scheduled for 21 February 2018.

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  • Coal Mining Industry: Price Remains High on Robust Chinese Demand

    Coal Mining Industry: Price Remains High on Robust Chinese Demand

    Coal demand remains high, particularly due to robust demand from China, the world's largest coal importer. This brings the projection for the full-year 2018 coal price to the range of USD $98.50 - $107.00 per metric ton. So far this year the coal price (ICE NewCastle Coal January 2018) surged around 4 percent, while in full-year 2017 the price had surged 57.09 percent.

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  • Coal Mining Update: Production, Export & Domestic Consumption

    Coal Mining Update: Production, Export & Domestic Consumption

    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.

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  • Indonesia's Coal Price Fell in December, Strong Rebound in FY-2017

    Indonesia's Coal Price Fell in December, Strong Rebound in FY-2017

    Indonesia's benchmark thermal coal price (Harga Batubara Acuan, or HBA) - set on a monthly basis by Indonesia's Energy and Mineral Resources Ministry (and which is based on domestic and international coal indices) - fell 0.8 percent to USD $94.04 per metric ton in December 2017. This decline is attributed to falling coal demand in China where authorities decided to curb coal imports.

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  • Coal Mining Update Indonesia: Price, Export & Consumption

    Coal Mining Update Indonesia: Price, Export & Consumption

    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.

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  • Earnings & Shares of Indonesian Coal Miners Improve on Rising Price

    Earnings & Shares of Indonesian Coal Miners Improve on Rising Price

    The rising coal price is a great boost for the corporate earnings of coal mining companies as well as the share prices of those companies that are listed on the Indonesia Stock Exchange. Newcastle Coal Futures (January 2018 delivery) touched USD $97.10 per metric ton at the end of last week, up 26 percent so far this year. Meanwhile, prices of energy commodities are expected to rise further in the remainder of the year.

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  • Coal Mining Industry Indonesia: Exports to China on the Rise

    Coal Mining Industry Indonesia: Exports to China on the Rise

    The value of Indonesia's coal exports to China during January-August 2017 reached USD $1.68 billion, up 63 percent compared to the export value of the commodity in the same period (to China) one year earlier (USD $1.03 billion) according to the Trade Attaché of the Indonesian Embassy in Beijing.

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  • Despite High Price, Coal Output Growth Limited in Indonesia

    Despite High Price, Coal Output Remains Limited in Indonesia

    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.

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Latest Columns Coal

  • Mining Area (Wilayah Pertambangan) in Indonesia

    A Mining Area (Wilayah Pertambangan), is a specific area in Indonesia that potentially holds any minerals and coals either at ground level or below ground. Such area does not hold any government restriction and is part of the national spatial plan. The Mining Area is finally determined by the President of the Republic of Indonesia and is regulated by Law number 4 of 2009 on Mineral and Coal Mining and its implementing Government Regulation number 22 of 2010 on Mining Area.

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  • Mining Indonesia | Introduction and Overview

    Mining Indonesia | Introduction and Overview

    Mining in Indonesia includes a part or all stages of coal and mineral exploration and exploitation. Minerals are defined by law number 4 of 2009 on Mineral and Coal Mining (“Mining Law”) as inorganic compounds which possess specific characteristics and compositions in the form of ores. Coal is defined as sediment of organic carbon which is naturally formed from plants. Mining in Indonesia does not include any activities related to exploration and exploitation of geothermal, oil and gas and ground water.

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  • Mineral Resources Indonesia: Copper Concentrate and Coal Export Update

    Mineral Resources Indonesia: Copper Concentrate and Coal Export Update

    Global copper prices can come under pressure as Newmont Nusa Tenggara (NNT) has started to export copper concentrate again this week after a nine-month hiatus caused by the dispute between the Indonesian government and NNT about Law No. 4 of 2009 on Mineral and Coal Mining (the “New Mining Law” of Indonesia), which sets high export taxes on unprocessed mineral exports (and stipulates a complete ban by 2017), in an effort to force Indonesian miners to build local processing facilities.

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  • Update on Jakarta Composite Index and Indonesian Rupiah Exchange Rate

    The benchmark stock index of Indonesia - known as the Jakarta Composite Index or IHSG - rose 0.17 percent to 4,921.39 points on Tuesday (13/05), impacted by investors' reaction to positive earnings reports of Indonesian coal miners in the first quarter of 2014. Today, foreign investors recorded net buying of IDR 64 billion (USD $5.6 million) and accounted for 31 percent of trading activity. However, investors remain cautious ahead of the presidential election that is scheduled for 9 July 2014 and wait for more clarity about the (vice) presidential candidates that will compete.

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  • Coalbed Methane Production in Indonesia Far from Successful

    Production of coalbed methane (CBM) in Indonesia will most likely not meet the government's target of 500 million standard cubic feet per day (mmscfd) in 2015. Coalbed methane, an environmental friendly fuel, is a form of natural gas that occurs in coal beds. Although the production of CBM is a complementary aspect of coal mining, it has only started to gain attention in recent years. CBM reserves in Indonesia, estimated at 453 trillion cubic feet (tcf), are among the world's largest CBM reserves (6 percent of total global CBM reserves).

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  • What about Indonesia's Coal Mining Sector? A Short Overview and Analysis

    Coal is one of the most important commodities for Indonesia in terms of state revenue as it accounts for about 85 percent of the country's total mining revenue. Therefore, when global coal prices fell sharply from 2011 (amid a slowing global economy), Indonesia felt the impact. In a response to lower coal prices, Indonesian miners actually increased coal output thus placing more downward pressure on coal prices and profit margins. Although the coal industry will remain frail for some time to come, long-term prospects are still strong.

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  • Government of Indonesia Plans to Raise Royalties for Coal Miners

    Indonesia's Ministry of Energy and Mineral Resources plans to set royalties for all types of coal at 13.5 percent (of net sales) as part of a revision of Government Regulation No. 9 - 2012 on Tariff and Types of Non-Tax Revenue. Currently, the percentage of royalty depends on the quality of the coal that is extracted as well as the type of permit that is issued to the coal miner. Apart from higher coal royalties, the Indonesian government also proposes a windfall profits tax in case there is a sharp upward price correction.

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  • Indonesian Economic and Financial Update: Challenges in October

    ICRA Indonesia, an independent credit rating agency and subsidiary of ICRA Ltd. (associate of Moody's Investors Service), publishes a monthly newsletter which provides an update on the financial and economic developments in Indonesia of the last month. In the October 2013 edition, a number of important issues that are monitored include Indonesia's inflation rate, the trade balance, the current account deficit, the IDR rupiah exchange rate, and gross domestic product (GDP) growth. Below is an excerpt:

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  • Plan to Increase Revenues from Indonesia's Coal Sector may Backfire

    Plan to Increase Revenues from Indonesia's Coal Sector may Backfire

    Concerns have arisen over the government's plan to increase royalties and export duties for coal. The Indonesian Coal Mining Association (APBI) expects that this policy will lead to the closure of various coal miners while increasing acts of illegal mining. According to Bob Kamandanu, chairman of the APBI, 60 million tons of coal per year is not listed by any authority and thus can be labeled 'illegal'. Illegal coal mining also implies that the Indonesian government misses out on about IDR 5.6 trillion (USD $495.6 million) per year.

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  • After Lebaran Holiday Indonesia's Main Stock Index Starts in the Red

    After its one-week holiday, Indonesia's main stock index (IHSG) started in negative territory. The index fell 0.93 percent to 4,597.78 on Monday (12/08) with the country's miscellaneous industry sector and the consumer goods sector leading the fall. It is interesting to note that most Indonesian mining companies showed significantly rising share prices as prices of mining commodities are expected to increase. According to Morgan Stanley, coal imports to India will grow while the global coal price has already reached its lowest point.

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