September Indonesian HBA Coal Index Reaches USD150.03 Per Ton
Coal prices continue to strengthen. This can be seen from the Reference Coal Price (HBA) in September 2021 which reached USD150.03 per Ton.
Archive News
Freeport Indonesia Secures $1 Billion Loan for Copper Smelters
Gold and copper mining giant PT Freeport Indonesia (PTFI) has entered a five-year, US$1 billion, unsecured credit facility to develop two metal smelters in Gresik, East Jav.
Freeport signs new smelter deal, drops plan with Tsingshan
Gold and copper mining giant PT Freeport Indonesia (PTFI) has signed a US$3 billion contract to develop a copper smelter in Gresik, East Java, ending a year-long uncertainty over the miner’s downstreaming plans.
Experts Predict 2030s to Mark Turning Point for Indonesian Coal Exports
An energy researcher and a coal association chair have predicted that the country’s coal exports will start to decline in the 2030s, largely because the
Not Fulfilling DMO Obligations, 34 Coal Companies Are Banned from Exporting
The Ministry of Energy and Mineral Resources (ESDM) has decided to impose sanctions in the form of a ban on coal sales abroad to 34 coal companies.
Indonesian Rains Shake Up Thermal Coal Market
Heavy rains in Indonesia have left some buyers of imported thermal coal with a tricky dilemma — wait on the sidelines for a possible price dip or bite the bullet.
AMMAN Mineral Installing SNCTechnologies’ On-Board CCTV Safety System
AMMAN Mineral Nusa Tenggara (AMNT) has started a project to Install SNCTechnologies’ On-Board CCTV Safety System on 178 haul trucks and buses.
Indonesia, Home to Giant Gold Mine, Wants Its Own Bullion Bank
Indonesia, home to one of the world’s largest gold mines, plans to set up a bullion bank to spur trading of the precious metal domestically.
The battle for Indonesia’s Gold Island
A Canadian-listed mining company has been granted a concession over more than half of an Indonesian island.