Below is a list with tagged columns and company profiles.

Today's Headlines Coal

  • Indonesia's Astra International: Net Profit, Sales & Dividend

    Indonesia's Astra International: Net Profit, Sales & Dividend

    Astra International, among the biggest diversified conglomerates in Indonesia, plans to distribute a total of IDR 6.8 trillion (approx. USD $511 million) worth of dividend for financial year 2016 to its shareholders, about 45 percent of the company's total net profit (slightly below the 50 percent payout ratio in the preceding year). Astra's 2016 dividend involves final dividend of IDR 113 per share and interim dividend of IDR 55 per share (hence total dividend of IDR 168 per share).

    Read more ›

  • Indonesia's Benchmark Coal Price Extends Drop in February 2017

    Indonesia's Benchmark Coal Price Extends Drop in February 2017

    The benchmark thermal coal price of Indonesia (in Indonesian: Harga Batubara Acuan, or HBA), the a monthly price that is set by Indonesia's Energy and Mineral Resources Ministry, and which is based on a selection of domestic and international coal indices - continued to slide in the new year. The HBA fell 3.4 percent to USD $83.32 per metric ton in February 2017. Since the recent peak of USD $101.67 per metric ton in December 2016, the HBA price has now plunged 18 percent over the past two months.

    Read more ›

  • World Coal Association Welcomes Berau Coal as its Newest Member

    World Coal Association Welcomes Berau Coal as its Newest Member

    The only body acting internationally on behalf of coal, the World Coal Association (WCA), announced on Thursday (12/01) that Indonesian coal mining company Berau Coal Energy has joined its membership. Berau Coal is Indonesia's fifth-largest coal producer with an estimated 509 million tons of coal reserves. Berau was established in 1983 and now operates three mines in Lati, Binungan and Sambarata, all located on the island of Kalimantan.

    Read more ›

  • International Energy Agency (IEA): Global Coal Demand to Stagnate

    International Energy Agency (IEA): Global Coal Demand to Stagnate

    The International Energy Agency (IEA) says worldwide demand for coal will not grow significantly over the next five years. It sees worldwide coal demand in 2021 roughly at the same level as in 2014. In a report published on Monday (12/12) the agency says it detects rising demand for renewable energy sources (at the expense of coal) in Europe and North America, while in China coal consumption is also expected to stagnate. However, the IEA believes that coal will remain the most important energy source as it is cheap and easy to produce.

    Read more ›

  • New Regulations in Indonesia's Coal Mining Industry

    New Regulations in Indonesia's Coal Mining Industry

    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.

    Read more ›

  • Indonesia's Coal Price Continues to Soar in 2nd Half of 2016

    Indonesia's Coal Price Continues to Soar in 2nd Half of 2016

    Indonesia's benchmark thermal coal price (Harga Batubara Acuan, or HBA) - a monthly price that is set by Indonesia's Energy and Mineral Resources Ministry, and which is based on domestic and international coal indices - continued its impressive rally. In December 2016 the HBA was set at USD $101.69 per metric ton, up nearly 20 percent from the HBA in the preceding month. It is now at its highest level since May 2012. Moreover, price growth between November and December was the steepest monthly rise ever in the history of the HBA.

    Read more ›

  • Moody's Positive about Indonesia's Non-Financial Companies in 2017

    Moody's Positive about Indonesia's Non-Financial Companies in 2017

    Global credit rating agency Moody's Investors Service believes Indonesia's non-financial companies, specifically those engaged in the commodities sector, will see improving corporate earnings in 2017 due to rising commodity prices and the economic recovery of the USA. In a report released on Monday (21/11), Moody's states that commodity prices are expected to continue their upward movement in 2017. This will trigger investment in the mining, oil & gas and crude palm oil (CPO) sectors.

    Read more ›

  • Coal Mining Industry Indonesia Update: HBA Price Soaring

    Coal Mining Industry Indonesia Update: HBA Price Soaring

    Ever since China decided to streamline its coal industry by limiting output (combating the local oversupply), global coal prices have jumped sharply. Indonesia's benchmark thermal coal price (known as the Harga Batubara Acuan, or HBA) - a monthly price that is set by Indonesia's Energy and Mineral Resources Ministry and is based on domestic and international coal indices - soared 22.9 percent (m/m) to USD $84.89 per metric ton in November 2016 (from USD $69.07 per ton in the preceding month).

    Read more ›

  • Coal Price Indonesia at 25-Month High in October 2016

    Coal Price Indonesia at 25-Month High in October 2016

    Indonesia's thermal coal price (in Indonesian: Harga Batubara Acuan, or HBA), a monthly price set by Indonesia's Energy and Mineral Resources Ministry and which is based on domestic and global coal prices, surged further in October 2016. The HBA soared 8.04 percent month-on-month (m/m) to USD $69.07 per metric ton from USD $63.93 per ton in the preceding month. Indonesia's HBA price is now at its highest level since August 2014. This rally is mainly supported by rising coal demand in China.

    Read more ›

  • Export Performance Indonesia to Improve on Rebounding Commodities

    Export Performance Indonesia to Improve on Rebounding Commodities

    Eight commodity prices have been rising steadily so far this year on higher global demand. This rebound is expected to continue into 2017 although it will require a long time to touch the levels that we saw in 2011. The World Bank noted in a report released on 4 October 2016 that the prices of eight commodities - coal, crude oil, crude palm oil, copper, iron ore, tin, nickel and gold - have been rebounding so far this year. Rising commodity prices will support economic growth of Indonesia as Southeast Asia's largest economy is one of the world's largest commodity exporters.

    Read more ›

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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›