Hernanda Hannanto ITMG's profit plummets 58%, company warns of coal price risk ** Jakarta,- Coal issuer PT Indo Tambangraya Megah Tbk (ITMG) experienced a 58.30% decline in net profit throughout 2023. Referring to its financial statements, the company's profit as of Decembe... Feb 22, 2024
Hernanda Hannanto Government Releases Coal Price Reference for February 2024 ** Jakarta,- The government, through the Ministry of Energy and Mineral Resources (MEMR), has set the coal price reference for the February 2024 period. As stated in the Decree of the Minister of E... Feb 22, 2024
Hernanda Hannanto UP 3.2%, MINISTRY OF ENERGY AND MINERAL RESOURCES TARGETS DOMESTIC COAL DMO OF 220 MILLION TONS IN 2024 ** Jakarta,- The Ministry of Energy and Mineral Resources (ESDM) stated that the target of coal supply obligations for domestic or Domestic Market Obligation (DMO) in 2024 is greater than last year.... Feb 18, 2024
Hernanda Hannanto BPS: Coal Exports Contracted 19.68% in Early 2024 ** Jakarta,- The Central Statistics Agency (BPS) said the value of coal exports reached US$ 2.41 billion in January 2024. This figure fell 19.68% from the position in December 2023, while when compa... Feb 16, 2024
Hernanda Hannanto Legal! 9 Companies Get New Gold, Coal and Nickel Mines ** Jakarta,- The Ministry of Energy and Mineral Resources (ESDM) announced the winners of the auction of nine Metal Mineral and Coal Mining Business License Areas (WIUP) in Indonesia. The Minister... Feb 15, 2024
Hernanda Hannanto Vale (INCO) to Speed Up Morowali Project ** Jakarta,- PT Vale Indonesia Tbk (IDX: INCO) will accelerate the progress of its growth projects on schedule, within budget, and following the approved scope. INCO President Director Febriany Ed... Feb 14, 2024
Hernanda Hannanto Bayan Expects Demand for Indonesian Coal to Remain Strong in 2024 ** Jakarta,- PT Bayan Resources Tbk (BYAN) continues to maintain positive performance amid fluctuations in global coal prices that occurred throughout 2023. Bayan Resources Director Alexander Ery W... Feb 11, 2024
Hernanda Hannanto As planned, Bumi Resources (BUMI) Production Target Approved 80 Million Ton Coal ** Jakarta,- PT Bumi Resources Tbk (BUMI)'s production target for 2024 finally found clarity after the company's Work Plan and Budget (RKAB) was approved. Previously, PT Bumi Resources Tbk (BUMI) i... Feb 1, 2024
Hernanda Hannanto MEMR urges Jambi to reopen public roads for coal transport ** Jakarta,- The turmoil of closing coal transportation operations in Jambi Province is heating up. This was after a letter from the Director General of Mineral and Coal of the Ministry of Energy, ... Jan 30, 2024
Hernanda Hannanto Breaking News! Coal prices plummet further, lowest in 2.5 years ** Jakarta,- Coal prices have fallen further, touching the lowest position since June 15, 2021 or 2.5 years. Prices collapsed due to a lot of negative sentiment towards future coal projections. Refe... Jan 28, 2024
Hernanda Hannanto Bayan (BYAN) Targets Coal Production of 57 Million Tons by 2024, 3rd Largest in Indonesia ** Jakarta,- PT Bayan Resources Tbk. (BYAN) targets coal production in 2024 of 55 million-57 million tons, up from the estimated realization of 2023 of 48 million tons. BYAN is also the third large... Jan 25, 2024
Hernanda Hannanto Bumi Resources Explores Partnerships in Downstream Coal Industry ** Jakarta,- Bumi Resources (BUMI), the largest coal mining company in Indonesia and a joint venture between the Bakrie Group and the Salim Group, announces its various expansion plans in the comi... Jan 25, 2024
