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Thursday, 16 August 18
COAL PRODUCTION AT 37.11 PERCENT OF FULL-YEAR TARGET - THE JAKARTA POST
JakartapostIndonesian coal production was recorded at 180 million tons on Wednesday, or 37.11 percent of the government’s 485 million target this year.
 
However, President Joko “Jokowi” Widodo has said he wanted Indonesia to further increase coal production to 585 million by year-end as part of efforts to narrow the current-account deficit (CAD).
 
“Yesterday [Tuesday], during the limited Cabinet meeting, the President said that we needed foreign exchange. He raised the possibility of increasing coal production by 100 million tons,”  Energy and Mineral Resources Ministry spokesman Agung Pribadi said on Wednesday.
 
He claimed that one coal miner was ready to increase its production by 25 million tons worth around US$1.5 billion.
 
Speaking about the country’s meager coal production in the first half 2018, Agung claimed some companies had not reported their output and expressed confidence that coal miners would be able to meet the new production target.
 
“Coal [mining] is affected by the weather. Rainfall could reduce coal productivity. But the companies have their own calculations on their technical operations. Good’s willing, the target could be achieved,” Agung added.
 
Meanwhile, Indonesian Coal Miners Association (APBI) director executive Hendra Sinadia confirmed that coal production in the first half had been hampered by bad weather.
 
“Our production in the second half will increase significantly. But whether we could meet the target, it is our challenge,” Hendra said as reported by kontan.co.id, adding that coal miners welcomed the government’s plan to boost coal production this year in an effort to boost exports. (bbn)


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Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origi ...


Monday, 07 May 18
GLOBAL COAL DEMAND ROSE ABOUT 1% IN 2017; ASIA ACCOUNTED FOR THE LARGEST INCREASE IN COAL DEMAND, UP 35 MTOE RELATIVE TO 2016 - IEA
Global coal demand rose about 1% in 2017, reversing the declining trend seen over the last two years. This growth was mainly due to demand in Asia, ...


Friday, 04 May 18
ELECTRICITY GENERATION FROM RENEWABLES WAS SECOND ONLY TO COAL IN 2017 - IEA
World electricity demand increased by 3.1 %, significantly higher than the overall increase in energy demand. Together, China and India accounted f ...


Thursday, 03 May 18
SUPRAMAX: INDO - CHINA COAL ROUNDS ARE PAYING IN THE LOW-MID $12000 BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax As expected a slow and uneventful start to the week with holidays in many countries, however by mid-week some fresh requirements and pos ...


Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
Capesize Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25 ...


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