The global collapse in coal prices this year has dealt a particularly heavy blow to miners in Indonesia, the top exporter and one of the largest producers of the fuel.
PT Bumi Resources Tbk. (“BUMI”) and business units, PT Kaltim Prima Coal (KPC) jointly won the Gold Rank in the Asia Sustainability Reporting (ASR) Rating 2019 from the National Center for Sustainability Reporting (NCSR) in collaboration with the Institute of Certified Sustainability Practitioners (ICSP). The award was presented by the Executive Director of NCSR Mr Ali Darwin and Chairman of ICSP Prof. Eko Ganis Sukoharsono at the ASR2019 Awards which took place in Bali (11/23/2019).
Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has said Indonesia will fight the European Union's lawsuit on the country’s nickel export ban.
The Martabe gold mine in North Sumatra – the only gold mine in the province – was awarded the rank of Platinum at the 2019 Asia Sustainability Reporting Rating (ASRRAT) event in Nusa Dua, Bali, on Saturday.
Global coal power generation is expected to decline in 2019, but that is unlikely the start of a lasting trend as demand for the fuel will remain stable due to rising appetite in India coal, with growth pegged at 4.6% through 2024, and other Asian countries offsetting declines in the US and Europe, the International Energy Agency said in its latest coal markets analysis Tuesday.
JAKARTA — Indonesia must stop building new coal-fired power plants by 2020 if it wants to do its part to cap global warming under the targets of the Paris climate agreement, new analysis shows.
The government's export ban on nickel ore, set to take effect in January 2020, will hurt a newly listed nickel mining company, Ifishdeco, as it sells most of its products overseas.
PT Freeport Indonesia (PTFI) give a big contribution to the state through Non-Tax State Revenue (PNBP).
“The MineLink FMS System is the only local product on the market, and we were intrigued to find out more about the features and future developments of the solution. After doing a product comparison, we decided to use the MineLink FMS System because the features were very complete compared to others and in accordance with our requirements. In addition, the very reasonable price was also one of the reasons why we chose this product”, said Acil Mulyana, Head of System Support.
State-Owned Enterprises (SOEs) Minister Erick Thohir has confirmed that former Jakarta governor Basuki “Ahok” Tjahaja Purnama will be appointed as the new president commissioner of state-owned energy holding company Pertamina.