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Wednesday, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
The Jakarta PostA number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase.

The government has given miners the green light to increase production after they were told to sell 25 percent of their output to state-owned electricity company PLN through the Domestic Market Obligation (DMO) scheme at US$70 per ton.
 
One of the miners, PT Arutmin Indonesia, plans to produce 28.8 million tons of coal this year, which means that the company has to sell 7.2 million tons to the PLN.
 
Arutmin CEO Ido Hotma Hutabarat said the company had realized 3.2 million tons of the DMO.
 
He added that the company was looking to increase its production by 10 percent in the fourth quarter of this year.
 
Meanwhile, PT Kideco Jaya Agung president director Kurnia Ariawan said it too wanted to increase its coal production.
 
 “Increasing production is not a simple task. We are now discussing the mechanism,” he said, adding that this year, the company was looking to produce 32 million tons of coal, eight of which would be sold to the PLN.
 
“We have to sell about 32 percent of our production or higher than the DMO obligation to the PLN,” Kurnia added as quoted by kontan.co.id. (bbn)


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Tuesday, 05 June 18
SOUTH KOREA'S SULPHUR CAP ALTERS ASIAN COAL MARKET DYNAMICS: RUSSELL
South Korea’s imposition of a strict sulphur cap on its imported coal is likely to cause ripples across Asia’s markets for the pollutin ...


Tuesday, 05 June 18
THINGS STILL LOOK TO BE PROMISING FOR THE DRY BULK MARKET OVER THE NEXT COUPLE OF MONTHS - GEORGE LAZARIDIS
Just as we thought the world was calming back down to reason, worries and frictions regarding global trade resurfaced this past week after a series ...


Tuesday, 05 June 18
INDONESIAN COAL PRICE REFERENCE IS GOING UP AGAIN
COALspot.com: According to latest ministerial decree No. 1857 K/30/MEM/2018 dated 4 June 2018, the Indonesian Coal Price Reference (HBA) up 7.91 pe ...


Saturday, 02 June 18
HOW CARBON UTILISATION WILL BE A KEY STEP IN INDIA'S CLIMATE STRATEGY - BENJAMIN SPORTON
For India, energy remains the key driver of growth, not only from an economic perspective but more importantly for accelerating social development. ...


Thursday, 31 May 18
SUPRAMAX: INDO/CHINA COAL RV IS GETTING FIXED AROUND $13K DELIVERY SINGAPORE - FEARNLEYS
Capesize The Cape market has been on a downward trend for the past week.   According to Fearnleys, Oslo based broker, Brazil market ...


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