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I ndonesian coal miners are racing to boost manufacturing amid document rates as well as rising need from Europe ahead of winter months following a ban on the gas from Russia. Miners in Indonesia-- the world's biggest exporter of thermal coal-- do not generally ship to Europe, with China, India and also a few other…

O ne more variable that likewise affected the rise in benchmark coal cost was the rise in coal needs from China, India and South Korea. Indonesia's benchmark coal rate in August 2022 increased 2.59 U.S. dollars per heap from the previous month, to 321.59 U.S. dollars per load, with the gas supply to Europe having…

T he Japanese decision announced a month ago to cancel the construction of a coal-fired power plant in West Java seems to have originated on the Indonesian side. While global criticism of coal-fired power generation continues to grow, canceling the 1-gigawatt (GW) project is a bold move for a country at the forefront of the…