indonesia coal production 2020
https://www.argusmedia.com/en/news/2092454-indonesian-coal-producers-consider-output-cuts, Penggugat UU Minerba; Pemerintah, DPR-DPD Bagai Paduan Suara, Turut Prihatin! Producer Bayan Resources said earlier this week that it is halting production at two of its mining subsidiaries until 30 April as a precautionary measure, although it has enough inventories to continue supplying its customers for up to three months. Similarly, Indonesian thermal coal miner Harum Energy said its sales volume over H1 2020 was down 21.7% on the year to 1.6 million mt, while production activities are expected to remain conservative for the remainder of the year, according to the company's half yearly report on July 30. “I think this year’s target will be achieved. Coal Price | According to government data until the third quarter of this year, the realization has reached 390.15MT or 79.67 percent of the target of 489.73MT. The ministry has issued a circular outlining several steps that coal producers can take to offset the effects of the outbreak on company operations, which include business risk assessments and stricter monitoring of company workers. Until the end of the year, coal production is expected to be above 500MT. Historically, Coal reached an all time high of 139.05 in January of 2011. Saham Batu Bara Berguguran, ADRO hingga ITMG, 11 Pekerja Tewas Tertimbun di Tambang Batubara Ilegal, Tidak Jauh dari PLTU Sumsel 8, Australian coal may eat into S African export recovery, Australian exporters should brace for more pressure from China. PT Bukit Asam Tbk received Indonesia’s Most Trusted Companies Award in Good Corporate Governance Awards 2019 organized by SWA Magazine. Indonesian Coal Group Hopes for 600MT Coal Production in 2020, Indonesia’s SOE Banks to Boost Loan Growth Above 10% Next Year, Morning Briefing: Bank Indonesia Announces 2020’s Guidances, Freeport-Mcmoran Wants to Expand Copper Smelter in Gresik, ANTAM, Vale Indonesia Declares the Potential Sumbawa, Burden Sharing: BI Bought Government Bond US$1.56B, Morning Briefing: Various Things to Know on Friday, OMNI Hospitals to Acquires Emtek’ Infirmary for US$85M, Indonesia Financial Group to Manages US$5B of Assets.
Coal production target by the government of Indonesia for 2020 to 2024 (in million metric tons)* Production in million metric tons Exclusive Premium statistic Chinese state-owned utility Guodian yesterday cancelled a number of mostly low-calorific value Indonesian coal cargoes that it had already booked for delivery over April-June through recent tenders. Even last year, the realization of new coal production was above the target set of 489MT. The move was driven by a decision by Guodian's parent company, China Energy Investment that is also the country's largest coal producers, to prioritise the use of its own domestic production because of a build-up of stocks at its mines.
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