SANY has delivered five excavators and one rigid-body mining truck to two large coal mines in Indonesia.
IndexBox has reported that in 2019, the Asia Pacific coal market increased by 6.1% to US$751.8 billion, rising for the third consecutive year after four years of decline.
Tim Buckley, IEEFA, Australia, provides a report on the current state of the coal industry in South and Southeast Asia.
BUMI Resources, through its subsidiary Arutmin Indonesia (Arutmin), has carried out several social and environmental responsibility programmes in the local community of its Kintap site in South Kalimantan, Indonesia.
PT Bumi Resources has released details of how to replay its earnings call, which was held on Thursday 2 May.
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.