In 2009 Indonesia was the world's second top coal exporter, sending coal to China, India, Japan, Italy and other countries. Kalimantan (Borneo) and South Sumatra are the centres of coal mining. In recent years, production in Indonesia has been rising rapidly, from just over 200 mill tons in 2007 to over 400 mill tons in 2013.
Mine with a total coal resource of 269 MMT. Bunyu's total coal production in 201718 is MMT; target for 201819 is MMT. Largest exporter of 3000 Kcal coal in the world. Listed in HBA, Indonesia as LIM 3010 LIM 3000. Largest employer on Bunyu Island with a team of over 1500 direct and indirect employees in 201718.
MINING RELATED REGULATIONS IN INDONESIA Mineral Coal Mining Law no 4/2009 Forestry Law 41/1999 Water Resources Law no7/2004 Environment Liaw no32/2009 Spatial Law No26/2006 PP 22/2010 Wilayah Pertambangan Permen 28/2009: Usaha Jasa Pertambangan Mining Industry Reclamation PostMining Docs PP 23/2010 PengusahaanTambang PP 78/2010 Reklamasi .
The domestic market obligation (DMO) determines a minimum of all coal sold by local coal mining companies to the Indonesian market. The DMO for 2018 is set at 25 per cent of the total production volume by coal mining companies. Around 114 million tonnes were consumed by the domestic market, including coal for coalfired power plants.
· New Indonesian Mining Law. July 2, 2010. Indonesia's Law No. 4 of 2009 on Minerals and Coal Mining (the ' New Mining Law ') replaces Law No. 11 of 1967 (the ' Old Mining Law '). The New Mining law was approved by the President on 12 January 2009 and is now the prevailing law of Indonesia. As is commonplace in Indonesia, the ...
· Spotlight Indonesian Coal Companies. Mon 08 Jun, 2020 2:19 AM ET. Fitch Ratings thinks the ratings on most of the Indonesian coal companies will be downgraded if the currently weak coal price and demand environment continues into 2021. Fitch has assessed the vulnerability of the rated Indonesian coal miners and contractors to a delay in the ...
· Fitch RatingsSingapore24 June 2020: Indonesia's new mining regulations, which clarify key aspects pertaining to the extension of Coal Contracts of Work (CCoW), are largely in line with Fitch Ratings' expectations and will not affect the ratings of the country's coal miners.
Our project in Indonesia was the Adani Group's maiden overseas project in coal mining and operations. The move was in line with our longterm resolve to support the growing coal demand in energystarved India. The journey led to the creation of PT Adani Global, a step down subsidiary of Adani Enterprises Limited with focus on coal mining, logistics and trading operations in Indonesia ...
· Taxes and royalties from Indonesian coal miners that hold CCoWs form an important part of state revenue, hence, we do not expect significant changes to the total outflows to the state. Some parallels could be drawn from the 2018 conversion of the mining license of the Grasberg gold and copper mine, operated by Freeport Indonesia. Upon the conversion of its contract of work to a special mining ...
· Underground coal mining is rare in Indonesia, with the vast majority of operations undertaken in open pits. The JV currently trucks coal from the existing mine to thegovernmentowned Pulau Baii port which can accommodate 9,500 mt barges,Widjaja has said previously. The coal is then barged to bigger vessels.
Until now, Indonesia has developed mines primarily on Borneo and Sumatra but politicians in Jakarta and coal mining firms are now turning to Papua, the western portion of the island of New Guinea. The government has granted 25 companies permission to explore for coal in West Papua province and according to Mongabay, four companies are actively attempting to negotiate with local landowners.
We initiate on Indonesia's coal mining sector with a Bullish view. The global dynamics look appealing: amid aggressive investment in coalfired electricity capacity, we see India becoming the world's largest thermal coal importer by 2015F and China's coal imports expanding by 50% in the next two years. Indonesia looks perfectly placed to benefit — while we expect ongoing constraints in ...
Five largest coal mines in Indonesia in 2020. Here are the five largest coal mines by production in Indonesia, according to GlobalData's mining database. 1. Sangatta Mine. The Sangatta Mine is a surface mine loed in East Kalimantan. It is owned by Bumi Resources and produced an estimated MTPA of coal in 2020.
· Landslides at a coal mine in Indonesia's South Kalimantan province have reportedly trapped ten workers. Provincial Disaster Management Agency emergency unit head Abdul Rahim was reported by the Xinhua news agency as saying that the landslides occurred outside the underground area from 24 January night to 25 January afternoon. This resulted in mud flow, submerging the coal mine .
· Effect of Indonesia's New Mining Regulations Already Factored into Ratings. Fitch RatingsSingapore24 June 2020: Indonesia's new mining regulations, which clarify key aspects pertaining to the extension of Coal Contracts of Work (CCoW), are largely in line with Fitch Ratings' expectations and will not affect the ratings of the country's coal ...
The mine streamlines their mining sequence with throughseam blasting (TSB), which enables miners to blast through one or more coal seams in one single blast event. Since TSB typically requires drilling to a fixed depth in level benches across the pit, accurately identifying the coal seams' loion, depth, thickness, and other parameters is vital for optimal blasting.
· #11. Mining was responsible for over 7% of the national GDP in Indonesia in 2016, with the coal industry accountable for about 25% of the total figure. (Stockholm Environment Institute) #12. Royalty rates within the Indonesia coal mining industry range from 2% to 7% of the sales revenue, as dictated by Government Regulation 9/2012.
· With coal royalties representing % of the sale price, coal production is largely determined by the public revenue target. A representative of the local government in the province of East Kalimantan, where nearly all Indonesian coal is produced, stated that the number of coal mining licenses is altered to support target achievement [41].
