Below is a list with tagged columns and company profiles.

Today's Headlines Coal Production

  • Coal Production in Indonesia Little Changed in First Quarter of 2014

    Coal production in Indonesia stood at approximately 110 metric tons in the first quarter of 2014, thus little changed from the production volume in the same period last year. Indonesia's Ministry of Energy and Mineral Resources said that - despite the decline in coal prices - the first quarter result implies that a quarter of this year's production target, which is set at 421 million tons, has been achieved. Indonesia is one of the world's top producers and exporters of coal. This fossil fuel accounts for about 85 percent of the country's mining revenues.

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  • Sakari Resources Will IPO on Indonesia Stock Exchange When Coal Price Rises

    PTT Plc, a Thailand-based energy company which conducts coal mining activities in Sebuku, Jambayan and Laung (all on the island of Kalimantan), is planning to list its subsidiary, Sakari Resources, on the Indonesia Stock Exchange through an initial public offering (IPO). PTT Plc has been active in Indonesia's mining sector since 2008 when it acquired a 94 percent stake in (Singapore-listed) Sakari Resources. After the acquisition, Sakari Resources delisted from the Singapore Stock Exchange.

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  • Government Aims to Limit Coal Production of Indonesia in 2014

    Government Aims to Limit Coal Production of Indonesia in 2014

    Chairman of the Indonesian Coal Mining Association (APBI) Bob Kamandanu expects that Indonesia's coal production will decline about 5 percent to 400 million tons in 2014 after the government asked miners to scale back production rates in order to safeguard future domestic supplies as the country needs sufficient energy resources for its future energy supply. Amid low domestic demand, the government asked Indonesian coal mining companies to limit the country's total coal output at 397 million metric tons.

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  • Indonesia Investments' Newsletter of 26 January 2014 Released

    On 26 January 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic matters such as the continued influx of investments in Indonesia, a January 2014 inflation update, smelter development amid the implementation of Mining Law No.4/2009, coal production in 2013 and more.

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  • Ministry: Coal Production of Indonesia Reaches 421 Million Tons in 2013

    Indonesia's Ministry of Energy and Mineral Resources stated that domestic production of coal in Southeast Asia's largest economy reached 421 million tons in 2013. This implies a 7.6 percent growth in production from the previous year (391 million tons). R. Sukhyar, General Director of Mineral and Coal within the Ministry said that Indonesia's production of coal in 2014 is likely to exceed 400 million tons again as global demand for this fossil fuel remains strong. Indonesia is one of the world's largest producers and exporters of coal.

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  • Company Profile of Atlas Resources: an Indonesian Coal Mining Company

    Company Profile of Atlas Resources: an Indonesian Coal Mining Company

    Indonesia Investments has added the company profile of Atlas Resources to the Indonesian Companies' database. Atlas Resources is an Indonesian coal mining company that targets for business growth through acquisitions, explorations and development (with a focus on smaller scale regional coal concessions). Similar to other Indonesian coal miners, the company has to cope with weak global coal demand and the subsequent weak coal price. The company's exploratory and production activities are mainly conducted on Sumatra and Kalimantan.

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  • Tambang Batubara Bukit Asam: A Leading Indonesian Coal Miner

    Indonesia Investments has updated the company profile of Tambang Batubara Bukit Asam. This state controlled company is one of the largest coal mining companies in Indonesia and has vast coal mines in South Sumatra, West Sumatra and East Kalimantan. The company feels the impact of global economic turmoil as can be seen from the 44.2 percent fall in net income over the first six months of 2013 compared to the same period in 2012. A weakening coal price in combination with higher costs of sales were the underlying reasons. 

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  • Indo Tambangraya Megah, one of Indonesia's Largest Coal Miners

    PT Indo Tambangraya Megah Tbk (ITMG) is one of the leading coal producing companies in Indonesia. The company's main businesses include integrated coal mining, coal processing and operational logistics. The mining locations of Indo Tambangraya Megah are spread across six concession areas, all of which are currently operational and productive. Four concession areas are located in East Kalimantan, one in South Kalimantan, and the other one in both East and Central Kalimantan.

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  • Indonesian Government Raises Royalty Fees in the Coal Mining Sector

    Coal Mining Royalty 2013 2014 Indonesia Investments

    In order to increase government revenues, the Indonesian government announced that, starting from 2014, coal miners that have a Mining Business License (Izin Usaha Pertambangan/IUP) will have to pay a higher royalty fee to the central government. The decision was made during a meeting between the government and Commission XI of the House of Representatives (DPR) this week. The new royalty policy, which was originally planned to be introduced this year, is expected to result in an increase of IDR 4 trillion (USD $408.2 million) in state revenues.

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  • Indonesia's Coal Production Projected to Rise Due to Increased Foreign Demand

    Indonesia's coal production is projected to increase 4.4 percent to 400 million tons this year, up from the government's initial forecast of 390 million tons. According to Bob Kamandanu, chairman of the Indonesian Coal Mining Association (Asosiasi Pertambangan Batubara Indonesia, APBI), this growth will be spurred by increased demand from Japan, South Korea, Thailand and Taiwan in June. The coal price is expected to increase accordingly in the middle of the year.

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Latest Columns Coal Production

  • Coal Mining Industry Indonesia: Higher Royalties for IUP-Holders

    Coal Mining Industry Indonesia: Higher Royalties for IUP-Holders

    The government of Indonesia plans to raise royalties for coal mining companies that hold a Mining Business Permit (Izin Usaha Pertambangan, abbreviated IUP) by revising Government Regulation No. 9 - 2012 on Tariff and Types of Non-Tax Revenue in a move to generate more state income. R. Sukhyar, Director General for Coal and Mineral Resources at the Indonesian Ministry of Energy and Mineral Resources, said that the domestic coal industry remains a vital source of state income, particularly amid diminished mineral exports.

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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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  • Forecasts for Indonesia's Coal Output and Export are Revised up for 2013

    The chairman of the Indonesia Coal Mining Association said that Indonesia's coal exports are expected to increase from 310 million tons in 2012 to 330 million tons in 2013, a 6.5 percent increase. Coal producers have been facing a tough period since July 2008 when global coal demand weakened and triggered volatile - but mostly declining - coal prices ever since. Coal demand from China and India, however, is expected to increase this year.

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Associated businesses Coal Production