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Therefore, Indonesian coal exports to Asian countries have great advantages and are the worlds largest exporter of thermal coal. Indonesian coal exports have continued to decline since 2011. Especially during the trough of the global coal industry from 2014 to 2015, there has been a negative growth for a long period. Rich coal resources in ...
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The Indonesian coal industry is rather fragmented with only a few big producers and many small players that own coal mines and coal mine concessions (mainly in Sumatra and Kalimantan). Since the early 1990s, when the coal mining sector was reopened for foreign investment, Indonesia witnessed a robust increase in coal production, coal exports and domestic sales of coal.
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The big Indonesian coal miners that are listed on the Indonesia Stock Exchange expect to raise their production volumes in 2018 amid rising global demand and the subsequent stronger coal price. Moreover, most local coal companies were heavily affected by bad weather in 2017 and therefore their output had been curtailed naturally, while coal prices had actually been skyrocketing since mid-2016.
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Indonesia’s National Development Planning Board (BAPPENAS) has pushed for coal output to be capped at 400 million tonnes in 2019, but according to coal and minerals director general Bambang ...
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