State Electricity Company (PLN) plans to operate the Coal Processing Plant (CPP) technology. This technology is predicted to be PLN's mainstay efficiency, to meet the needs of coal.
Coal mining companies have reported potentially significant decreases in revenue, following the implementation of Energy and Mineral Resources Decree No. 30/2018 on coal domestic market obligation since March 12.
Dozens of coal miners are at risk of losing hundreds of millions of US dollars in potential revenue as a result of the government’s decision to require mining companies to sell coal at discounted prices to state electricity firm PLN under the domestic market obligation (DMO).
CIMIC Group’s global mining services provider Thiess, has secured a $150 million contract extension to provide mine services at Arutmin’s Senakin coal mine in South Kalimantan, Indonesia.
Publicly listed coal miner PT Bumi Resources has set a target to increase its consolidated gross revenue, which includes revenue from a number of its mining subsidiaries, by 10.93 percent to 12.13 percent this year as part of its plan to export more coal to Japan.
BHP has confirmed it will leave the World Coal Association (WCA) because of differing views on how climate change concerns can be managed. The miner announced it would end its WCA membership following a review, which found that there would be little benefit for it to stay with the London-based organisation. BHP made a preliminary decision to leave the WCA last December.
PT Aneka Tambang (Antam) once again received a recommendation for extending the export of low grade mineral minerals until 2019.