— Indonesia cannot be held liable for $2 billion in compensation sought by Churchill Mining for the revocation of a coal-mining concession, the World Bank's International Centre for Settlement of Investment Disputes (ICSID) ruled in a December 6 verdict.. The tribunal determined that Churchill's claim to the mine site — and therefore …
— In 2022, the government announced it would cancel more than 8 GW of new coal plants. Shutting down Indonesia's entire fleet of 118 coal plants by 2040 would require an estimated $37 billion. In ...
— Indonesia burned 33% more coal in 2022 than the year before, contributing to a 20% increase in the country's carbon emissions from fossil fuels, an analysis of official data shows.
— China Investment Corp ... Reliance Power (India) signed in June 2010 an agreement with Indonesia's mining and industrial Sugico Group to acquire three coal mines ... In March 2010, Tata announced a major step-up to its Indonesian coal mining capacity, from the current 60 mtpa to 75 mtpa by the middle of the coming fiscal year (WC …
— Yet even as Indonesia invests in new coal plants, and mines, it has set a target to achieve net-zero emissions by 2060, or even sooner. How it weans itself off coal and boosts green energy ...
investment commitments. Notably, Indonesia announced that it will stop building new coal-fired power plants from 2023. In parallel, China - one of the largest coal-fired power country investors in Indonesia, has also pledged to end the funding of coal-fired power plants overseas, including Indonesia. Indonesia's
— For most of his 57 years on the island of Sulawesi, Jamal was accustomed to scarcity, modest expectations and a grim shortage of jobs. People mined sand, caught fish and coaxed crops from the soil.
— The Indonesian Coal Mining Association (APBI-ICMA) and China Coal Transportation and Distribution Association (CCTDA) have signed a co-operation in a form of memorandum of understanding (MoU) to increase the …
— In 2022, permits for new coal power plants in China reached their highest level since 2015, according to a report from the Centre for Research on Energy and Clean Air (CREA), a think tank, and NGO …
The Indonesia Morowali Industrial Park (IMIP) in Central Sulawesi is one of the largest Chinese investments in Indonesia, touted by its creators as a perfect model of Sino-Indonesian collaboration. Yet while it indeed symbolizes …
— Coal imports into China are expected to recover in the last two months of the year and therefore various analysts say the coal price is able to touch beyond USD $97 per ton before the year-end. In October coal imports into China - the world's largest coal importer - had fallen by a whopping 24 percent (m/m) to 21.3 million tons due to the …
— The Institute for Essential Services Reform, a think-tank, reckons combining coal shutdowns with clean-energy investment would cost up to $25bn a year through 2030. Indonesia spent just $3bn on ...
impact of Chinese investment in Indonesia, the Paramadina Public Policy Institute (PPPI) provides a more comprehensive analysis of the nature and characteristics of China's …
— The MoU, which is aimed to strengthen coal investment and trade cooperation, has been signed during the "China-Indonesia Coal Procurement Matchmaking Meeting" which was held virtually. As per the terms of the MoU, China will import coal from Indonesia for three years, effective from 2021.
— Chinese investors in Indonesia's mining industry should consider their rights to compensation from the Indonesian Government under China's investment protection treaties with Indonesia. ... Regulation No. 27 of 2013 on Procedures for Divestment and Share Pricing and Changes to Investment in Mineral and Coal Mining ... The China …
— Next year, we will cease (exporting) again, for other minerals and coal," the news agency reported citing Jokowi as saying. Earlier this year, China's Zhejiang Huayou Cobalt announced plans to …
— Hendra Sinadia, Executive Director at the Indonesian Coal Mining Association (APBI), said Indonesia - given the current situation - cannot rely on China for its coal exports. Indonesia's coal industry should therefore focus on the domestic market, particularly now as new coal-fired power plants are set to start operations in 2016.
— The Philippines surpassed Indonesia and China to break into the world's top ten economies most dependent on coal-fired power, data from energy think tank Ember showed, underlining the challenges ...
— The three growth engines of Adaro Energy that are estimated to secure long-term earnings for the miner are (1) coal mining, (2) mining and logistics services, and (3) power generation.. The miner controls concessions in Sumatra and Kalimantan with an estimated 1.1 billion tons of coal reserves, roughly 3.9 percent of Indonesia's total coal …
— Indonesian coal companies earned record profits in 2022 followed by healthy results in 2023. Five of the seven companies analyzed have opted to invest in non-coal …
— Kayan Hydro Energy, which counts China Power Investment Corp. as an investor, kicked off the project in 2014 at a groundbreaking event attended by top Indonesian military and government officials.
— The photo is sourced from intellinews The increased investments in coal mining are aimed at reducing dependence on coal imports, which make a major contribution to balancing the Chinese market during periods of high demand. According to the IEA, the share of imports in China's power-generating coal consumption in 2023 stood at 9% …
— Coal is one of the most important commodities for Indonesia in terms of state revenue as it accounts for about 85 percent of the country's total mining revenue. Therefore, when global coal prices fell sharply from 2011 (amid a slowing global economy), Indonesia felt the impact. In a response to lower coal prices, Indonesian miners actually …
Indonesia has 52,317 megawatts (MW) of operating coal power, surpassing South Africa in 2023 to have the fifth largest capacity globally. The country's 9,815 MW of coal capacity under construction exceeds all other countries except for China and India. Proposed new coal mining capacity in Southeast Asia continues to be dominated by Indonesia.
— However, Chinese firms have dominated Indonesia's nickel sector thanks to significant investments. In 2023, Indonesia was the single biggest recipient of China's Belt and Road Initiative, receiving $7.3 billion in investment. Chinese companies have also constructed over 90 percent of Indonesia's nickel smelters. Chinese firms operating in …
— Economic and Trade Counselor of the Embassy of the People's Republic of China in Indonesia, Wu Zhiwei, said that Chinese investment in Indonesia had reached $5.6 billion in the first three …
— China is the keystone of the global coal market. The Asian nation made up 54% of global consumption in 2022, with the main driver being thermal coal for power generation. The IEA estimates that China's coal-fired power generation increased by …
Coal Production. Since the early 1990's Indonesian coal mining in Indonesia has grown dramatically. The World Coal Institute estimates that in 2008 Indonesia mined 246 million tonnes of coal with just over 200 millions tonnes of this exported. 2008 coal exports comprised 173 million tonnes of steam coal and 30 million tonnes of coking coal. In …
— Indonesia is the largest miner and refiner of nickel in the world, thanks to billions of dollars' worth of Chinese investment that poured into refining operations after the government banned the ...
— Across Indonesia, new coal power plants with a combined capacity of nearly 15,000 MW will be constructed until 2030, despite the country's pledge to switch to renewable energy. In Sumatra alone, …
• In 2019, China imported approximately 300 MT of coal, of which 147 MT coming from Indonesia (source: CNCA). During H1 2020, China is reported to import 85 MT of coal …
— Singapore — The Indonesian Coal Mining Association and China National Coal Association have signed a memorandum of understanding in Jakarta to strengthen cooperation in the coal mining sector. "The collaboration framework is certainly in line with the government's efforts to develop trade exports of both countries and also investment …
Indonesian Production of Coal and Minerals. In 2022, the coal production target has been set at 663 million tonnes. Initially, Indonesian miners were expected to struggle to meet this target due to coal export restrictions imposed by the Indonesian Government in January 2022 to tackle the issue of lack of domestic coal supply for power stations.
Indonesian Production of Coal and Minerals. The coal production of Indonesia has shown steady growth over the last decade.
— World's top 50 mining companies end 2022 rock solid but Chinese stocks slide down the rankings despite surging coal and lithium prices, and Russian miners trading in Moscow finally succumb.
FIGURE 2: Chinese Investment in Indonesia by Sector (2010-2015) Electricity, Gas & Water Supply - 23.3% Trade & Reparation - 7.6% ... 270 80% PT Yiwan Mining 2012 Juni China Nickel Resources 1,260 61% PT Jhonlinto 2012 July Beijing Shenwu 420 N/A Titan Mineral 2012 July Beijing Shenwu 180 N/A Balinton
Berau Coal is the fifth largest coal producer in Indonesia. It engages in open cut mining of coal in its concession area in East Kalimantan, operating in three active mining areas – Lati, Binungan and Sambarata. Berau Coal supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines and Thailand.
— Coal prices are experiencing a remarkable rebound so far this year. On Thursday (15/09) the coal price touched USD $70.95 per metric ton (September delivery, ICE Futures Exchange), up about 53 percent from its position at the year-start. For Indonesia, a country that ranks among the world's biggest coal producers and exporters, …
— Over the past two months coal prices have surged, primarily on the back of sharply rising coal demand in China where local coal production capacity was curtailed as authorities seek to curb industrial overcapacity. Indonesia's coal price (Harga Batubara Acuan, abbreviated HBA), a monthly rate set by Indonesia's Energy and Mineral …
