The mining sector plays an important role in supporting the Indonesian economy. In fact, Geologically, Indonesia is a potential region for the formation of various unexplored energy and mineral resources. During this COVID-19 pandemic, the mineral and coal mining sector should be contributing to the vision of recovering national economy. Therefore, what are the resources […]
Category: News
Ministry of Energy and Mineral Resources Incentives
The Directorate General of Mineral and Coal, Ministry of Energy and Mineral Resources (ESDM) provides a benchmark for the mining sector investment target of US $ 5.98 billion for 2021, which comes from 248 companies. In detail, the investment comes from 21 companies with Contract of Work (KK) status, 48 companies with PKP2B status and […]
Mining Sustainable Fund in Indonesia
Indonesian Coal Mining Association APBI is preparing a policy discourse on the use of Non-Tax State Revenue (PNBP) funds with the concept of the Sovereign Wealth Fund or the Mining Sustainable Fund. The Indonesian Coal Mining Association Executive Director Hendra Sinadia said that his party still does not really know what form the Mining Sustainable […]
Investment Certainty in Indonesia’s Mining Sector
The weak state of legal certainty in Indonesia’s mining sector is a major obstacle to foreign investment. Indonesia now ranks lowest in terms of the “state of the investment climate in the mininh sector across the worl”. This low rangking is very unfortunate because Indonesia has abundant mineral resources, but needs investment to tap this […]
How COVID-19 Affects Mining Activities
Due to the covid-19 pandemic, Indonesia’s mining production is far from expectations, except for refined nickel and coal, which exceeded output plans. Based on the data from the Ministry of Energy and Mineral Resources, the production of copper, gold, silver and tin only reached 75-98 percent of their respective targets. Meanwhile, the production of refined […]
Government Incentives – Coal Industry
The government has prepared nine incentives to encourage the advancement of the coal downstream industry. The nine incentives include: 1. Up to 0% coal royalty for gasification. 2. A special coal price formula for gasification. 3. The validity period of the Mining Business License (IUP) is in accordance with the economic age of the gasification […]
2021 Outlook: Indonesia’s Coal Prices
Economic recovery in China will increase demand for coals. In 2021, it is estimated that there will be a coal stock deficit in China, where the demand is greater than the supply of coal. The Indonesian Coal Mining Association (APBI) is optimistic that this year’s coal demand is better than last year. APBI Executive Director […]