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Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining companies for taking too much profit. The profits of these companies, he said, reached 66 percent of total production, while the state only receives 34 percent of the profit.
“That’s too much. It’s different with the oil and gas industries that provide benefits for the state and the public,” he said in Balikpapan on Saturday.
This condition has led to rapid growth in the mining industry and the high production profit has also seen many Indonesian grow rich, he said. “Look at the list of the richest people in Indonesia according to Forbes magazine. Almost all of them are in the coal mining sector,” he said.
As such, Widjajono said the regulation on profit sharing in the coal mining sector between the government and contractor companies must be revised.
He said the Energy Ministry was now drafting a formula for coal mine profit sharing between coal companies and the state.
Source: Tempo Interactive
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Friday, 02 September 22
INDONESIA COAL PRICE REFERENCE SLIPS SLIGHTLY IN SEPTEMBER 2022
COALspot.com: Indonesian Coal Price Reference for September delivery drops 0.74 per cent month on month.
The Indonesian Coal Price R ...
Friday, 02 September 22
ABM INVESTAMA BUYS 30% GEMS SHARES FOR US$ 420 MILLION
PT ABM Investama Tbk through its indirect subsidiary, bought a 30% stake in the PT Golden Energy Mines Tbk for US$ 420 million or around Rp 6.2 tri ...
Wednesday, 31 August 22
MARKET INSIGHT - INTERMODAL
Scorching temperatures and extremely dry conditions during the Northern hemisphere summer have been drying crops. Yield prospects have subsided in ...
Tuesday, 23 August 22
HIGH COAL PRICES COULD BOOST INDONESIA'S ENERGY TRANSITION - IEEFA
Global coal prices have reached an all-time high as countries stop purchasing Russian coal amidst the Russia-Ukraine conflict. Indonesian coal comp ...
Tuesday, 23 August 22
A COMBINED US$6.8-BILLION CASH BALANCE OF INDONESIAN COAL COMPANIES COULD PROVIDE FOR TIMELY INVESTMENTS IN GREEN TRANSITION - IEEFA
A combined US$6.8-billion cash balance of Indonesian coal companies could provide for timely investments in green transition
The opp ...
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- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
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- Indian Energy Exchange, India
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- Chamber of Mines of South Africa
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- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
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- Energy Link Ltd, New Zealand
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
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- Metalloyd Limited - United Kingdom
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- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- The University of Queensland
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- Kohat Cement Company Ltd. - Pakistan
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- Australian Coal Association
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- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
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- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
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- Bhushan Steel Limited - India
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- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
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- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
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- Global Coal Blending Company Limited - Australia
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- The Treasury - Australian Government
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- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
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