Indonesia caps domestic coal price for power stations, could hit miners

By Wilda Asmarini and Fergus Jensen JAKARTA, Mar 9 : Indonesia has capped the price of domestic coal for power stations at $70 per tonne for two years, in new rules issued this week, a government spokesman said on Friday. The Southeast Asian nation is the world’s biggest exporter of the dirty fuel and the […]

Indonesia amends contracts with 13 coal mining companies

By Wilda Asmarini JAKARTA, Nov 15 : Indonesia has amended contracts with 13 coal mining companies, including some of the country’s biggest producers of the fossil fuel, as part of a shift towards a new mining permit system it expects to boost government revenues. Indonesia’s 2009 mining law requires companies to transfer from so-called contracts […]

Beijing’s battle against pollution takes toll on truck drivers at coal port

By Meng Meng and Josephine Mason TIANJIN, China/BEIJING, May 11 : On a recent visit to the area around Tianjin Port Co Ltd, there were more than one hundred empty trucks parked at the coal storage centre run by Ningdong Logistic Co. Once one of the busiest places close to Tianjin’s sprawling port, the storage […]

After Cyclone Debbie, China replaces Australian coal with US cargoes

By Henning Gloystein SINGAPORE, Apr 4 : China, the world’s biggest coking coal importer, is scrambling to cover Australian supply disruptions after Cyclone Debbie knocked out mines and rails by turning to an unusual source: the United States. Debbie, which hit Australia’s Queensland state last week, caused the evacuation of several mines and damaged coal […]

Asia’s coal markets tighten on Indonesia port probe, Australian cyclone

By Henning Gloystein SINGAPORE, Mar 29 :Port disruptions in Indonesia and a cyclone hitting mines in Australia have tightened Asia’s coal markets in March, while demand in China and other key import markets remains strong, lifting prices. Prompt thermal coal cargo prices for export from Australia’s Newcastle port have risen by more than 11 percent […]