Below is a list with tagged columns and company profiles.

Today's Headlines Coal

  • Crude Oil Price at 11-Year Low, Coal & Gas under Pressure

    Crude Oil Price at 11-Year Low, Coal & Gas under Pressure

    Despite winter having arrived, global oil prices are still declining. Today (21/12), Brent crude prices plunged to the lowest level since 2004 on persistent concern about a global supply glut as the Energy Information Administration reported that US crude oil supplies rose 4.8 million barrels to 490.7 million in the second week of December, while the OPEC's production rate stood at 31.7 million barrels per day (bpd) in November 2015. Meanwhile, oil demand is expected to fall in 2016. For example, oil consumption in the USA is projected to fall to 1.2 million bpd next year, from 1.8 bpd in 2015.

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  • Indonesia to Focus on Renewable Energy, Not Nuclear Power

    Indonesia to Focus on Renewable Energy, Not Nuclear Power

    Indonesia will most likely abandon its plans to establish four nuclear plants (with a combined capacity of 6 GW) by 2025. Sudirman Said, Indonesian Minister of Energy and Mineral Resources, recently said there are plenty of alternatives - especially renewable energy - in Indonesia to meet the government's target of 136.7 GW of power capacity by 2025 and 430 GW by the year 2050. Nuclear power is controversial due to health risks, environmental damage and nuclear proliferation (when used as a weapon). The nuclear disaster in Japan in 2011 highlighted the risks of tapping nuclear power.

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  • Commodities Update: Why Coal Prices Will Remain Low

    Commodities Update: Why Coal Prices Will Remain Low

    The coal price will have serious difficulty to rise as long as crude oil prices remain low and China's economy remains in slowdown-mode. Weak global oil prices (expected to remain below USD $40 per barrel this month) - and the strong US dollar amid looming US monetary tightening - give a bad signal to other commodities, including coal, while the world's largest energy consumer China is struggling to combat its economic slowdown implying limited global coal demand.

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  • Coal Mining Update Indonesia: Price, Production & Export Still Down

    Coal Mining Update Indonesia: Price, Production & Export Still Down

    Indonesia will fail to achieve its coal production target of 425 million tons in 2015 as the country's coal miners have cut production by an estimated 20 percent. Domestic coal mining firms have cut coal output due to persistent low coal prices resulting in a negative free cash flow for many miners. Global coal prices have declined due to a supply glut and weaker global demand amid sluggish economic growth.

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  • Few Reasons to Get Excited about the Coal Mining Industry

    Few Reasons to Get Excited about the Coal Industry

    The global coal industry is still plagued by pessimistic sentiment. Not only has the global supply glut in combination with sluggish global economic growth put serious pressure on coal prices (while China introduced stricter coal quality tests on thermal coal imports), but most countries are also placing more emphasize on cleaner energy sources, which further curtail demand for coal. Coal prices are currently heading for a decade-low with January 2016 coal futures now at USD $52.55 per metric ton on the ICE Futures Exchange.

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  • Coal Industry Update Indonesia: Export, Production & Domestic Demand

    Coal Industry Update Indonesia: Export, Production & Domestic Demand

    Indonesian coal exports are expected to fall below 300 million tons in 2016 as domestic miners are cutting coal production volumes due to low coal prices. Indonesia’s October benchmark thermal coal reference price (set by the government) fell 1.4 percent (m/m) to USD $57.39 per metric ton (FOB) and now stands at an all-time record low since the start of this reference price in January 2009. Meanwhile, global benchmark coal prices are nearly touching nine-year lows.

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  • Indonesia’s Reference Thermal Coal Price Hits All-time Low in September

    Indonesia’s Reference Thermal Coal Price Hits All-time Low in September

    Indonesia’s October benchmark thermal coal reference price (Harga Batubara Acuan, or HBA) was set at USD $57.39 per metric ton (FOB) by the Indonesian Ministry of Energy and Mineral Resources, down 1.4 percent (m/m) from the preceding month and down 14.7 percent (y/y) from the same month last year. The October coal price is now at an all-time record low since the start of the government’s reference price in January 2009.

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  • Coal Mining Industry Indonesia: Harum Energy Looking for Cheap Assets

    Coal Mining Industry Indonesia: Harum Energy Looking for Cheap Assets

    Harum Energy, one of Indonesia’s leading coal mining companies, aims to take advantage of the current weak state of the mining sector by acquiring other coal companies. President Director Ray Antonio Gunara said that Harum Energy, which is part of the Tanito Harum Group, set aside USD $390 million (USD $190 million from internal cash reserves and USD $200 million through a loan) to purchase other coal miners.

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  • Coal Update Indonesia: Price, Environment, Health & Batang Plant

    Coal Update Indonesia: Price, Environment, Health & Batang Plant

    Indonesia’s reference thermal coal price hit another all-time low. The Ministry of Energy and Mineral Resources set the September coal price (in Indonesian: Harga Batubara Acuan, or HBA) at USD $58.21 per metric ton (FOB), down 1.6 percent from the August reference rate, and the fifth consecutive month of decline. Indonesia is the world’s largest thermal coal exporter.

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  • Coal Mining Industry Indonesia: Government in Search of Unpaid Bills

    Coal Mining Industry Indonesia: Government in Search of Unpaid Bills

    Starting from the fourth quarter of 2015 Indonesian governors will have the power to revoke mining permits when miners - those operating with a Mining Business Permit (IUP) - fail to meet requirements for the so-called “clean-and-clear” status. The clean-and-clear status shows that the mining company has no outstanding royalty and other tax obligation, fulfilled exploration and environmental commitments, has no property delineation issues, and obtained the necessary forestry permits.

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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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