Mar 28, 2018 JAKARTA -- Major Indonesian coal miner Adaro Energy has signed a binding agreement to acquire Rio Tinto's entire stake in the Kestrel coking coal mine.
Jan 15, 2021 Indonesia plans to adjust its royalty payment policies on sales of gold and coal in an effort to boost state revenues as prices of the two commodities recover, an official said on Friday.
India-based Tata Power has acquired a 26 stake in the Baramulti Suksessarana (BSSR) coal mine in Indonesia for an undisclosed amount to ensure fuel security for its growth prospects. Tata Power has a prior long term coal supply agreement with Antang Gunung Meratus and also owns 30 equity stake in Kaltim Prima Coal (KPC) and [ ].
Sep 30, 2015 has decided to sell three coal mines in Indonesia and concentrate on coal mining business in the country to support Prime Minister Narendra Modi's initiative of 'Make in India'. India has ambitious plans of doubling its coal production from 450 million tonnes to 900 million tonnes. We have also decided to exit the coal business in Indonesia and we hope to complete transactions (in this.
Apr 09, 2021 A man was shot during an apparent argument in Adger today and found near the entrance to a coal mine. The Jefferson County Sheriff's Office reports the.
Mar 23, 2021 Indonesia’s Supreme Court has rejected a final appeal from a coal company after it and the ministry of energy and mines lost a lawsuit filed by the Indonesian NGO Walhi three years earlier.
Feb 16, 2016 The Indonesian coal mining industry is therefore under pressure on all fronts from Indonesia’s anti-corruption commission, from the squeeze on commodity prices, and from disappearing markets in South East Asia. No-one is predicting an early end to any of those pressures, meaning Indonesia’s coal days could be numbered.
Apr 25, 2019 The largest coal-fired power plant in the U.S. West, the Native American Tribal Council government has been able to rely on the electricity produced by the plant and Kayenta coal mine for revenues and steady, well-paying jobs since the mid-1970s, two benefits that have long been in short supply on the Native American reservation for decades.
Feb 10, 2021 The mines in the Powder River Basin produce about 40 of the nation’s coal, but production has declined in part because of a push for natural gas and renewable energy.
Oct 30, 2017 Then in 2016 BHP Billiton sold part of the project to the Indonesian Adaro company. This coal would be for steel making, and for thermal power plants for electricity.  Indonesia’s National Energy Policy (Kebijakan Energi Nasional) anticipates coal.
Feb 18, 2021 PT Arutmin Indonesia, a subsidiary of Indonesia’s top coal miner by output, PT Bumi Resources, is another mining giant operating in South Kalimantan that has received the PROPER award.
Aug 20, 2014 The 'Coal Mining in Indonesia to 2020' report provides historical and forecast data on coal production by grade, reserves, consumption by type and trade by type to.
Apr 13, 2021 Indonesia's coal production in 2020 exceeded its target to hit 563 million tonnes, despite an 8.6 fall from the previous year. As of April 13 this year, coal production in Indonesian was recorded at 151.28 million tonnes, 19.5 million tonnes for the DMO and 73.46 million tonnes for exports, data from the ministry showed.
Coal Reserves. According to the 2010 BP Statistical Energy Survey, Indonesia had 2009 coal reserves of 4328 million tons, or 0.52 of the world total. In January 2005 Rubianto Indrayuda, the Deputy Director on Coal Mining Services at the Indonesian Ministry of Energy and Mineral Resources stated in a presentation to a APEC Clean Fossil Energy Technical and Policy Seminar that 49 of the.
A major concern for investors in Indonesia’s mining sector is the changeable regulatory framework. Law No. 4 2009 on Mineral and Coal Mining and its implementing Government Regulations bring a host of new rules, some of which have been heavily resented in the industry. The divestment rule is of particular interest to foreign investors.
Apr 07, 2021 PT Indika Energy, one of Indonesia’s top coal companies by output through its subsidiary PT Kideco Jaya Agung, saw its full-year net loss widen 6.5 percent to $117.5 million amid low coal.
Aug 13, 2019 Meanwhile, the company is still studying its plan to seek a listing for its coal mine business on Indonesia’s stock market, he said. Currently, PTT Plc holds a 94.56 per cent stake in SAR, which owns coal mines in Sebuku and Jembayan, a 35 per cent stake in a cold mine in Brunei, and an 80 per cent stake in a coal mine in Madagascar.
May 25, 2017 Hundreds of abandoned open-pit coal mines pockmark the landscape of East Kalimantan Province in Indonesian Borneo. Indonesian law requires mining companies to fill in pits that are no longer in.
Jan 01, 2013 Indonesian coal mining has a long history beginning in the nineteenth century. During the Dutch colonial period small-scale underground coal mines were developed and operated in mainly Kalimantan and Sumatera ().After independence in 1947, coal mining continued on a smaller scale, but was largely overlooked in the focus on developing the country’s oil and gas reserves.
Mar 25, 2010 Essar expects to close the deal by next month and begin production from the mines within a year. The Aries coal mines are located in the Kutai region of East Kalimantan in Indonesia.
Jan 27, 2021 Landslides at a coal mine in Indonesia’s South Kalimantan province have reportedly trapped ten workers. Provincial Disaster Management Agency emergency unit head Abdul Rahim was reported by the Xinhua news agency as saying that the landslides occurred outside the underground area from 24 January night to 25 January afternoon. This resulted in mud flow, submerging the coal mine.
Mar 25, 2021 Coal Creek is one of five big power plants in North Dakota located adjacent to a coal mine. Historically, the mine-next-door model gave the plants a.
Mar 17, 2021 Since 2000, Indonesia has transformed from a bit player in the global coal industry to a leading exporter and consumer of the fuel. While much of the world is shifting away from coal due to its.
Corruption is rampant in the coal mining sector, with companies paying government officials to use unauthorized waterways for transport and obtain mining permits. The Indonesian government has tried to address these problems through a number of policy and regulatory changes, including a policy to improve land permitting regulation and a program.
Participating mines, according to Modular, have seen numerous benefits, including enhanced truck productivity, reduced truck queue times, improved net production through shorter shift change duration and lowered equipment maintenance costs. A large coal mine in Indonesia is the most recent example of the program’s success.
May 15, 2020 Indonesia, which is in the top five global coal producers, recently passed a law to revise the 2009 Coal and Mineral Mining Law to promote the development of the downstream mining.
This paper explores the complex political economy of coal mining in Indonesia and discusses some of the recent dynamics that may affect domestic coal production and coal export volumes. Over the last decade or so, Indonesia’s rate of coal production has risen dramatically, and it.