
Coal phase-out plan gets pushback in power-hungry Indonesia
Officials have cast doubts on a government plan that would somehow see Indonesia phase out all its coal-fired power plants while at the same time build more than a hundred new ones.
Officials have cast doubts on a government plan that would somehow see Indonesia phase out all its coal-fired power plants while at the same time build more than a hundred new ones.
Argus Media has reported that the share of coal-fired power in Indonesia’s energy mix increased on the year to 38% in 2020 from 37.1% a year earlier, despite the country aiming for a steep reduction by 2025.
China’s Zhejiang Huayou Cobalt is investing almost US$211 million for a 38.6% stake in battery materials company Tianjin Bamo Technology.
The mines ministry is looking to address the “issues and shortcomings” that come in the way of fixation of average sale price (ASP) of minerals.
The mines ministry is looking to address the “issues and shortcomings” that come in the way of fixation of average sale price (ASP) of minerals.
From the shores of Bangka island, miners head out by boat every day to crudely built wooden pontoons dotted off the coast that are equipped to dredge the seabed for lucrative deposits of tin ore.
According to data from the National Development and Reform Commission (NDRC), the coal price remains highly fluctuating and depends largely on the Chinese government’s policies.
Employees at many mining, oil & Gas and Transportation industries and in particular the large mining machine operators, have been working back to back 12 hour shifts for the past 6 months covid period.
It also creates great employment opportunities in the country with a highly diverse landscape. Despite the decline in the recent years due to reduced demand from China.
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