Indonesian Thermal Coal Exports Increase 10% MoM in March 2024
Indonesian thermal coal exports increased by 10% m-o-m to 35.24 (mnt) in March 2024
Indonesian thermal coal exports increased by 10% m-o-m to 35.24 (mnt) in March 2024
In a significant shift toward renewable energy and emissions reduction, Indonesia and Japan are advancing their biomass usage
Indonesian thermal coal prices dropped towards last week. Prices of low-CV (3400 GAR) coal decreased by $0.44/tonnes (t), reaching $34.87/t
T Harum Energy Tbk, an Indonesian coal mining company, increased coal production by 29.6% in 2023 and sales volume rising by 42%
PT Harum Energy has made a significant acquisition, securing a controlling stake in a nickel processing plant
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has given the nod for total coal production quotas amounting to 922.14 mnt
Achieved a significant increase in metallurgical coal production in 2023, with volume reaching 5.11 million tonnes, a 52% increase over 2022.
Premium low vol hard coking coal prices have pulled back toward $300/mt, but they’re holding up fairly well compared to iron ore and HRC
Indonesian coal producer Adaro Energy is aiming for slightly higher coal sales in 2024, targeting a range of 65 million to 67 mmt.
Indonesian coal producer Adaro Energy surpassed its 2023 production and sales targets on the back of continued high demand.
Indonesian thermal coal exports rose by 7% m-o-m to 32.04 million tonnes (mnt) in February 2024 as against 29.99 mnt in January 2024
Top coal exporters Indonesia and South Africa are aiming to ramp up supplies of thermal coal to key buyer India, company executives said