Britmindo News

Coal DMO has reached 70% of full-year target: Official

The government said that realized coal domestic market obligation (DMO) as per November of this year has reached 85 million tons, or 70.25 percent of the full-year coal DMO target of 121 million tons.

Ministry approves additional coal output of 21.9m tons

The Ministry of Energy and Mineral Resources has approved request made by coal miners for additional coal output of 21.9 million tons this year, much lower than the government’s target of 100 millio ...

Britmindo Group article published in the South China Morning Post ...

When Alan Nye passed the management of Britmindo on to his sons David and Stephen, he handed over a legacy of an honest and professional mining consultancy service. Today, the group continues to help

Thermal coal prices hit 6-year high

Benchmark seaborne thermal coal prices jumped to $120.10 per tonne on Thursday, its highest level since November 2012, thanks to tight supply in key Asian export regions. Measured from lows hit end-20

Global thermal coal demand likely to outstrip supply in H2 2018: ...

Global seaborne thermal coal supply is expected to fall short of expected demand in the second half of this year amid falling capital expenditures at key miners, Citi analysts said in a note Monday.

HBA coal reference price up to $96.61

The government sets its coal reference price (HBA) for June 2018 at US$96.61 per ton FOB, higher than $89.53 per ton set in May, according to Minister of Energy and Mineral Resources Decree No. 1857 K

Indonesian fishermen end Samarinda coal port protests

Local fishermen have agreed to refrain from blocking the loading and unloading of coal at the Indonesian port of Muara Berau at Samarinda in East Kalimantan.

Fitch: Falling Coal Investment to Support Asian Prices

(Fitch Ratings-Singapore/Beijing-23 May 2018) -- The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, which partly reflects

Coal association supports fixed prices

The Indonesian Coal Mining Association (APBI) has thrown its support behind a proposal from state electricity company PLN for a fixed coal-price mechanism in order to ensure the industry’s long-term ...

Indonesian coal miners optimistic about near-term outlook amid ra ...

Some Indonesian thermal coal miners have an optimistic outlook on the price-demand situation for rest of the year, as rains persist in Indonesia and Chinese demand is expected to remain strong despite