Below is a list with tagged columns and company profiles.

Today's Headlines Coal

  • What Does the Indonesian Gov't Want to Do with the Coal Sector?

    What Does the Indonesian Gov't Want to Do with the Coal Sector?

    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.

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  • Commodity Watch Indonesia: Coal Price Expected to Rise

    Commodity Watch Indonesia: Coal Price Expected to Rise

    The coal price is expected to rise in the remainder of this year as China seems eager to limit domestic coal output, while global coal demand is predicted to rise in the second half of 2017. After a steep decline in May, coal prices have been recovering in June. So far this month, coal prices rallied around 10 percent to slightly above USD $80 per ton (Newcastle index, July contracts).

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  • Perusahaan Listrik Negara (PLN) to Acquire Coal Mine in Indonesia

    Perusahaan Listrik Negara (PLN) to Acquire Coal Mine in Indonesia

    Fully state-owned Perusahaan Listrik Negara (PLN), which holds a monopoly on electricity distribution in Indonesia, will soon acquire coal mining concessions in order to safeguard its future coal supplies and have a stronger position when negotiating coal prices with traders. PLN's power plants are estimated to require slightly more than 88 million tons in 2017, hence being the country's largest coal consumer.

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  • Mining in Indonesia: Coal Price to Remain Stable on China Policies

    Mining in Indonesia: Coal Price to Remain Stable on China Policies

    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.

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  • IPO of Alfa Energi Investama on the Indonesia Stock Exchange

    IPO of Alfa Energi Investama on the Indonesia Stock Exchange

    Alfa Energi Investama, an Indonesia-based coal miner, will offer 300 million shares (equivalent to 23 percent of the company's enlarged shares) to the public in its initial public offering (IPO) on the Indonesia Stock Exchange at a price range of IDR 400 - 500 a piece. Lautandhana Securindo has been appointed as lead underwriter.

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  • Stock Market Update Asia: Ahok, Moon Jae-in & James Comey

    Stock Market Update Asia: Ahok, Moon Jae-in & James Comey

    Indonesia's benchmark Jakarta Composite Index was slightly in green territory shortly after opening on Wednesday (10/05), seemingly recovering from yesterday's losses when market participants were alarmed by the controversial two-year prison sentence for former Jakarta Governor Basuki Tjahaja Purnama ("Ahok") that was handed by the North Jakarta District Court as the defendant was found guilty of blasphemy. Another matter that impacted negatively on Indonesian stocks was the big drop in global coal prices.

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  • Coal Mining Indonesia News: Benchmark Price Rises in May 2017

    Coal Mining Indonesia News: Benchmark Price Rises in May 2017

    Good news for Indonesian coal producers. Indonesia's benchmark coal price (in Indonesian: Harga Batubara Acuan, or HBA) continued to rise. The May 2017 HBA was set at USD $83.81 per metric ton, up 1.6 percent from the price that was set in the preceding month. The 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.

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  • Indonesian Energy Companies in Focus: ABM Investama

    Indonesian Energy Companies in Focus: ABM Investama

    Indonesia Investments updated the company profile of ABM Investama in the Indonesian companies section. ABM Investama, listed on the Indonesia Stock Exchange, is an Indonesia-based holding company that is primarily focused on energy-related sectors, covering coal production, mining contractor services, and power solutions. After two years of net losses the company posted net profit of USD $12.89 million in 2016 supported by cost efficiency improvements in all business lines and the surging coal price in the second half of 2016.

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  • Mining News: Indonesia's Coal Price Falls Again in March 2017

    Mining News: Indonesia's Coal Price Falls Again in March 2017

    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.

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  • Heavy Equipment Production in Indonesia to Grow 14% in 2017?

    Heavy Equipment Production in Indonesia to Grow 14% in 2017?

    Production of heavy equipment in Indonesia is targeted to grow 14 percent to 4,200 units in 2017, compared to 3,678 produced units in the preceding year. This growth should come on the back of rising activity in the nation's mining sector, particularly Indonesia's coal mining sector, in line with rising commodity prices.

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Latest Columns Coal

  • Coal Mining Update: Contract Extension Relaxation, Price Pressures & the Government’s Dilemma

    Coal Mining Update: Contract Extension Relaxation, Price Pressures & the Government’s Dilemma

    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.

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  • Coal Mining Policies in Indonesia: Coal Price Cap to Be Removed?

    Coal Mining Policies in Indonesia: Coal Price Cap to Be Removed

    Only a few months after the Indonesian government had imposed a price cap on mandatory sales of local coal to Indonesia's state-owned electricity company Perusahaan Listrik Negara (PLN) under the domestic market obligation (DMO) scheme, the government now plans to revise this regulation. Coming Tuesday (31/07) a high-level meeting is to take place where decisions will be taken.

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  • Indonesian Coal Mining Companies in Focus: Indo Tambangraya Megah

    Indonesian Coal Mining Companies in Focus: Indo Tambangraya Megah

    Last week shareholders of Indonesia-based coal mining company Indo Tambangraya Megah decided to distribute USD $252 million in dividends to the company's shareholders, implying a nearly 100 percent dividend payout ratio of its full-year 2017 net income. The dividend payout is divided into USD $105 million worth of interim dividend (IDR 1,300 per share) and USD $147 million worth of final dividend (IDR 1,840 per share). Interim dividend was distributed on 21 November 2017, while the final dividend will be paid on 20 April 2018.

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  • Domestic Market Obligation Indonesia: Coal Price Capped at $70 per Ton

    Domestic Market Obligation Indonesia: Coal Price Capped at $70 per Ton

    Through Energy and Mineral Resource Ministry Regulation No. 19/2018 on the Procedures for Determining Benchmark Prices of Metal and Coal Sales as well as through Energy and Mineral Resource Ministry Regulation No. 1395 K/30/MEM/2018 on the Selling Price of Coal for the Electricity Supply for the Public Interest the Indonesian government confirmed a new set of rules in the coal mining sector, specifically regarding coal that is sold domestically under the domestic market obligation.

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  • Coal Mining Indonesia: Producers to Boost Production in 2018

    Coal Mining Indonesia: Producers to Boost Production in 2018

    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.

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  • Gov't Orders Local Shipping Services to Handle Coal & CPO Exports

    Gov't Orders Local Shipping Services to Handle Coal & CPO Exports

    Through Trade Ministry Regulation No. 82/2017 on the Terms of Use of National Shipping and Insurance Companies for the Export and Import of Certain Goods the Indonesian government requires exporters of crude palm oil (CPO), coal and rice to use ships that are owned by local sea transport companies as well as to use domestic insurance. This regulation will come into effect, gradually, per May 2018.

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  • Indonesian Coal Mining Companies in Focus: Adaro Energy

    Indonesian Coal Mining Companies in Focus: Adaro Energy

    Amid rising mining commodity prices, Indonesian coal mining company Adaro Energy saw its share price surge at the start of 2018. The mining index is actually the best-performing index so far this year in Indonesia, rising 13.58 percent since the start of the year. Being a mining company - or more precisely an energy company (as it recently entered the power generation sector) - Adaro Energy is among the major beneficiaries.

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  • Indonesian Coal Miners Looking for Acquisitions to Boost Capacity

    Indonesian Coal Miners Looking for Acquisitions to Boost Capacity

    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.

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  • What Are Indonesia's Top Foreign Exchange Earners?

    What Are Indonesia's Top Foreign Exchange Earners?

    Foreign exchange earnings are important assets for a national economy. Therefore, many nations have recently been taking a much more protectionist approach vis-à-vis trade in an effort to strengthen their trade positions, generate trade surpluses, hence see the inflow of more foreign exchange earnings. Foreign exchange assets support a stable local currency as well as economy.

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  • Indonesian Heavy Equipment Firms in Focus: United Tractors

    Indonesian Heavy Equipment Firms in Focus: United Tractors

    Sales of United Tractors, the largest distributor of heavy equipment in Indonesia and part of the Astra Group, continue to climb in 2017. In fact, the management of United Tractors now expects full-year 2017 sales to exceed their initial forecast. Sara Loebis, Corporate Secretary of United Tractors, said the company has therefore raised its forecast for full-year heavy equipment unit sales from 3,000 to 3,200 units.

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