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INDONESIAN COAL INDUSTRY OUTLOOK

The law replaces the mineral and coal mining law No. 11/1967. However, the mineral and coal mining law will rely heavily on many still to issued government regulation for its implementations . New Contract of Work (CoW) and Coal Contract of Work (CCoW) systems will no longer be available. But all existing contracts will be respected.

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Sources: Indonesian Coal Mining Association (APBI) & Ministry of Energy and Mineral Resources. During the 2000s commodities boom the coal mining industry was very lucrative as coal prices were comfortably high. Hence, many Indonesian companies and wealthy families decided to acquire coal mining concessions on Sumatra or Kalimantan in the late 2000s.

INDONESIAN COAL INDUSTRY OUTLOOK

Chairman of Indonesian Coal Mining Association CENTRAL KALIMANTAN. RESOURCES = 1,399.21. Increased usage of low rank coals for domestic use,

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Begin with our experience in a mining company, The expertise we gained from running a coal company, PT. INDONESIA MINERAL RESOURCES,

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