PTBA Immediately Finalizes the Magic Coal Project Option to Become a DME

PTBA Immediately Finalizes the Magic Coal Project Option to Become a DME

Jakarta, CNN Indonesia – Ministry of Energy and Mineral Resources revealed that PT Bukit Asam (Persero) Tbk (PTBA) is still finalizing project options that aim to change coal to be metoximethane (dimethyl ether/ DME). This project is carried out in order to reduce imports of liquefied natural gas (Liquified Petroleum Gas/ LPG). “Currently, Bukit Asam has … Read more

No heating at minus 15 degrees!In order to meet environmental protection requirements, the Shanxi government demolished people’s coal stoves

No heating at minus 15 degrees!In order to meet environmental protection requirements, the Shanxi government demolished people’s coal stoves

The Linfen city government in Shanxi forcibly demolished people’s coal stoves and confiscated coal and firewood used by people for heating. (Photo/Retrieved from Linfen Ecological and Environmental Protection Bureau) – — A+ A- Recently, some mainland netizens broke the news that in order to meet the “environmental protection requirements,” the Linfen city government in Shanxi … Read more

BUMI Shares To The Moon! Because of Lo Khen Hong’s photo going to the mine?

BUMI Shares To The Moon!  Because of Lo Khen Hong’s photo going to the mine?

Jakarta, CNBC Indonesia – The majority of giant coal stocks were corrected in today’s trading, however, one issuer is a particular concern for market players. It was PT Bumi Resources Tbk (BUMI) that managed to fly amid the decline in other diamond stocks. BUMI managed to accelerate 20.34% to the level of Rp 71 / … Read more

Global Demand Raised, December HBA Raised to US $ 59.65 / Ton

Global Demand Raised, December HBA Raised to US $ 59.65 / Ton

Jakarta, CNBC Indonesia – Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif set the reference coal price (HBA) in December 2020 to increase to US $ 59.65 per ton from US $ 55.71 per ton in November 2020. The Head of the Communication Bureau, Public Information Services and Cooperation (KLIK) of the Ministry of … Read more

Cuan! Coal Stocks Skyrocket, The Tycoon Is Getting Rich …

Crazy!  February HBA Fly to US $ 87.79 per Ton

Jakarta, CNBC Indonesia – The price of black gold commodity, namely coal, rose 17% throughout November 2020. Positive sentiment surrounds coal companies in Indonesia. Not to mention, there is news that China is committed to buying 200 million tons of Indonesian coal next year. This will make the Indonesian coal industry more shiny, the owners … Read more

The projection of Bumi Resources (BUMI) stock movement amid rising coal prices

The projection of Bumi Resources (BUMI) stock movement amid rising coal prices

KONTAN.CO.ID – JAKARTA. Shares of PT Bumi Resources Tbk (EARTH) already touched the price of Rp 71 per share at the close of trading on Friday (27/11) after being asleep for a long time, it became a gocap stock. The increase in BUMI’s share price occurred since Monday (23/11) which closed at the level of … Read more

Coal prices are in an upward trend, is it possible for BUMI’s shares to return to the gocap level?

Coal prices are in an upward trend, is it possible for BUMI’s shares to return to the gocap level?

ILLUSTRATION. Bumi Resources tbk coal mining company Reporter: The first is blessed | Editor: I knew Laoli KONTAN.CO.ID – JAKARTA. Shares of PT Bumi Resources Tbk (EARTH) already touched the price of Rp 71 per share at the close of trading on Friday (27/11) after being asleep for a long time, it became a gocap … Read more

China buys Indonesian coal up to US $ 1.4 billion, domestic issuers can benefit

China buys Indonesian coal up to US $ 1.4 billion, domestic issuers can benefit

ILLUSTRATION. Heavy equipment or dump trucks carrying coal at the PT Adaro Indonesia mine are mined by Tutupan Tabalong, South Kalimantan. Pho KONTANAchmad Fauzie / 19/06/2008 Reporter: Akhmad Suryahadi | Editor: Tendi Mahadi KONTAN.CO.ID – JAKARTA. After struggling due to the pandemic, the country’s coal industry is now getting fresh air. Positive news comes from … Read more