JAKARTA: Indonesia has banned coal exports in January due to concerns over low supplies for domestic power plants, local media reported on Saturday, citing a letter sent by the energy ministry.
WhatsAppGet PriceGet A QuoteINDONESIA''S DMO SYSTEM Indonesia requires coal miners to sell 25% of their production locally at a maximum price of $70 per tonne for power plants. Meanwhile, a government-set benchmark export price has soared since the start of 2021, peaking at $215 per tonne in November, due to a global energy crunch.
WhatsAppGet PriceGet A QuoteUnder the rule, miners are required to sell 25% of their output to local power plants at a maximum price of $70 per tonne. Indonesian President Joko Widodo threatened on Monday to revoke the
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WhatsAppGet PriceGet A QuoteThe Indonesian Palm Oil Association (Gapki) stated that its target is to see Indonesia producing at least 40 million tons of CPO per year from 2020. Indonesia''s oil palm plantation and processing industry is a key industry to the country''s economy: the export of palm oil is an important foreign exchange earner while the industry provides employment opportunities to millions of Indonesians.
WhatsAppGet PriceGet A QuoteIndonesia, the world''s biggest thermal coal exporter, has allowed 37 loaded coal vessels to depart after they secured approvals from authorities, the Coordinating Ministry of Maritime and Investment Affairs said on Thursday. In a statement, the ministry said an export ban implemented on Jan. 1 had been eased for miners that had met a requirement to sell a portion of their output for local
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WhatsAppGet PriceGet A QuoteThis price increase was triggered by the somewhat recovering crude oil prices, rising domestic coal demand in Indonesia on the back of the completion of new coal-fired power plants, but more importantly because of China''s coal mining policies.
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WhatsAppGet PriceGet A QuoteIndonesia announced on December 31, 2021, that it would suspend coal exports in January or until its coal suppliers could fulfill the requirement of selling at least 25% of their output to domestic buyers at US$70 per ton. Indonesian officials said the measure was aimed at helping local power plants secure enough coal to generate affordable
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WhatsAppGet PriceGet A QuoteIndonesian coal miners must sell 25% of their output to domestic power plants at a maximum price of $70 a tonne. Adaro Minerals Indonesia, a unit of Indonesia''s second-largest coal miner Adaro Energy, said in a statement that it had asked to export metallurgical coal, which is used to make steel rather than generate power.
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WhatsAppGet PriceGet A QuoteINDONESIA''S DMO SYSTEM Indonesia requires coal miners to sell 25% of their production locally at a maximum price of $70 per tonne for power plants. Meanwhile, a government-set benchmark export price has soared since the start of 2021, peaking at $215 per tonne in November, due to a global energy crunch.
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WhatsAppGet PriceGet A QuoteJAKARTA--Indonesia said on Thursday it would allow 37 vessels loaded with coal to depart, in the strongest sign yet that the world''s biggest thermal coal exporter is relaxing its ban on shipments.
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WhatsAppGet PriceGet A QuoteIndonesian coal miners must sell 25% of their output to domestic power plants at a maximum price of $70 a tonne. Adaro Minerals Indonesia, a unit of Indonesia''s second-largest coal miner Adaro Energy, said in a statement that it had asked to export metallurgical coal, which is used to make steel rather than generate power.
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WhatsAppGet PriceGet A QuoteIndonesia''s government is waiting for the state utility firm to declare that it has secured enough coal before it can decide to end an export ban in the world''s biggest shipper of thermal coal
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WhatsAppGet PriceGet A Quotein tons of gold Source: Indonesian Ministry of Energy and Mineral Resources. Indonesia''s largest gold mines are located in: 1. Papua 2. Sumbawa 3. East Kalimantan 4. Central Kalimantan. As gold production in Indonesia
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Indonesia estimates domestic coal production in 2022 of as much as 644 million tons, with domestic consumption forecast at 190 million tons. The government has set a ceiling price for coal sold to local power plants at $70 per ton, while also requiring producers to supply at least 25% of their output to the domestic market.
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