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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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Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move th ...


Wednesday, 11 April 18
US-CHINA TARIFF THREATS RAISE GLOBAL TRADE RISKS - FITCH
Escalating tariff proposals by the U.S. and Chinese governments are increasing the risks of a full-blown trade war, says Fitch Ratings. The most li ...


Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an a ...


Monday, 09 April 18
APRIL INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST IN 2018
COALspot.com: According to latest ministerial decree, the Indonesian Coal Price Reference (HBA) decline 6.98 per cent in April 2018 compared to Mar ...


Friday, 06 April 18
TOP MINER BHP QUITS WORLD COAL ASSOCIATION OVER CLIMATE CLASH - BLOOMBERG
BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant say ...


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