Bumi Resources’ production and sales reached around 61 million tons as of September

Bumi Resources’ production and sales reached around 61 million tons as of September

Reporter: Ika Puspitasari | Editor: Wahyu T. Rahmawati KONTAN.CO.ID – JAKARTA. PT Bumi Resources Tbk (EARTH) pursuing the target of coal production and sales volume of 83 million tons-87 million tons until the end of 2021. This figure is an increase compared to last year’s realization of 81 million tons of coal. Bumi Resources Director … Read more

Coal Prices are Exorbitantly Exorbitant, Beware of Dying PLN!

Coal Prices are Exorbitantly Exorbitant, Beware of Dying PLN!

Jakarta, CNBC Indonesia – The price of coal is still exorbitantly high, although the price has dropped, it is still above US$ 200 per ton. This very high price makes coal entrepreneurs tend to be more export-oriented compared to meeting domestic needs, whose price is limited to a maximum of US$ 70 per ton. This … Read more

Keep it up, watch out for this factor that can make coal plummet

Keep it up, watch out for this factor that can make coal plummet

Jakarta, CNBC Indonesia – Several countries in the world are currently experiencing an energy crisis. The scarcity of energy supply also triggers the increase in energy prices including gas, oil, and coal. The incident triggered a power outage, as well as the difficulty of getting fuel oil (BBM) in a number of countries including China … Read more

Shhh, Don’t Tell! Australian Coal Enters China

Shhh, Don’t Tell!  Australian Coal Enters China

Jakarta, CNBC Indonesia – It has been nearly a year since Australia-China relations have been strained. The reason is Australia’s push to hold China responsible for the coronavirus pandemic (Coronavirus Disease-2019/Covid-19) which is shattering the world. The Canberra-Beijing relationship has an impact on the trade aspect. China is reluctant to buy coal from Australia. Whereas … Read more

Coal Prices Skyrocketed to a Record High of USD 206.25, What are the Causes?

Coal Prices Skyrocketed to a Record High of USD 206.25, What are the Causes?

TEMPO.CO, Jakarta – Commodity prices coal break the record. In the ICE market in Newcastle (Australia), the price of coal reached US$ 206.25 per metric ton or soared 1.63 percent. Energy Economics observer at Gadjah Mada University, Fahmy Radhi, said that the position of this commodity price reached its highest level in the last decade. … Read more