The Indonesian government's push for electrification is poised to accelerate the growth of domestic coal consumption despite several initiatives encouraging renewable energy.
Passing this milestone in traded volumes proves that this contract has been widely accepted as an essential risk management tool for the growing Indonesian and wider Asia Pacific market, explains Argus.
In order to carry out a domestic coal project, Asian Bulk Logistics must increase its dry bulk fleet.
Shareholders were informed that the company’s EBITDA guidance to 2018 has been revised from US$1.3-1.5 billion to US$1.1-1.3 billion.
SGX has broadened its suite of bulk commodities with the launch of SGX "M42" Indonesian Coal contracts.
RCT will attend the 18th International Mining and Minerals Recovery Exhibition in Jakarta, Indonesia.
Thiess awarded a new contract at Gunung Bara Utama coal mine in the West Kurai region, East Kalimantan, Indonesia.
Toshiba Corp. has won an order to supply equipment for the Tanjung Jati B Coal-fired Power Plant Unit 5 & 6 Expansion Project in the Republic of Indonesia.
Construction of Tanjung Jati B coal-fired power plant Units 5 & 6 expansion project (2000 MW) commences in Indonesia.