Aug 09, 2021· JAKARTA - Indonesia has suspended coal exports from 34 coal mining companies it said failed to meet domestic market obligations between January and July this year, CNBC Indonesia …
A couple months before Indonesia's presidential election last July, all the members of the VIVAnews editorial board received a strongly-worded e-mail. The sender was the popular news site's boss, Anindra Ardiansyah Bakrie, known as "Ardie," the son of Indonesian media and coal tycoon Aburizal Bakrie. In the e-mail, Ardie complained about a VIVAnews main headline, […]
Jul 15, 2012· - An immigrant from China, Indonesia's oldest palm oil tycoon started out as a teenager selling biscuits from a rickshaw in the late 1930s. Widjaja, now close to 90 years old, created one of the ...
Aburizal Bakrie is a controversial tycoon whose family has fought a protracted commercial battle over Indonesian coal mining interests with Nat Rothschild, scion of the banking dynasty. Apart from ...
Feb 04, 2021· The purchase price of coal is another cost that falls on PLN. Indonesia Corruption Watch (ICW), a Jakarta-based NGO, found discrepancies totaling more than 100 trillion rupiah ($7.1 billion) in the 473.6 million tons of coal used in the decade between 2009 and 2019.
Jun 29, 2021· End of a Bakrie era in Indonesia. Politically powerful tycoon isn't as rich as he used to be and is now poised to lose control of the influential chamber of commerce. Aburizal Bakrie's star is waning. Photo: AFP via Anadolu Agency / Jefri Tarigan. JAKARTA – Tycoon and political heavyweight Aburizal Bakrie has been written off before, but his ...
Feb 22, 2021· In neighboring Australia, the world's second-largest coal exporter after Indonesia, two big mining groups are moving away from coal. Rio Tinto sold its last coal asset in …
Nov 26, 2020· Wed 25 Nov, 2020 - 10:49 PM ET. Fitch's Sector Outlook: Improving Fitch Ratings expects Indonesian coal selling prices and volumes to improve in 2021, which should support a modest improvement in credit metrics. Fitch assumes a recovery in the Indonesian 4,200kcal coal prices to USD32.5/tonne in 2021 from USD27/tonne in 2020.
Apr 01, 2005· JAKARTA, Indonesia -- The ownership of Indonesia's largest coal mine is in dispute, in a battle that pits a local tycoon against one of the country's best-known business families and …
Nov 27, 2015· The company was founded by a Chinese Indonesian tycoon, Eka Tjipta Widjaja, and operates in different sectors such as pulp and paper, real estate, financial services, agribusiness ...
Eka Tjipta Widjaja, Indonesian tycoon, 1921-2019. ... As chief executive of coal mining and trading company Golden Energy and Resources, a Singapore-based subsidiary, Fuganto is cultivating a ...
Jun 09, 2021· Indonesia tycoon''s name is mud over unpaid disaster dues. Date. ... pointing to a steep plunge in the 74-year-old tycoon's fortunes since the collapse of coal prices last year. ''I think his ...
Jun 16, 2021· Coal power industry in Indonesia - statistics & facts. The electricity generation capacity in Indonesia reached about 69.6 gigawatts in 2019. For …
Jun 09, 2021· Indonesia tycoon's name is mud over unpaid disaster dues. Aburizal Bakrie's companies owe at least $100 million for a 2006 natural gas drilling accident that's still spewing toxic mud. This picture taken on May 29, 2017, shows a statue standing semi-submerged in mud, a symbol of the human toll of the 2006 disaster, at the mud volcano incident ...
Aug 03, 2021· Indonesia set its August coal benchmark price at $130.99 per tonne, an official document published by its energy and minerals ministry showed on Tuesday.
Borneo Lumbung Energi & Metal is an Indonesian coal mining company controlled by mining tycoon Samin Tan. The company manufactures and distributes hard coking coal. It is the only premium hard coking coal producer based in Indonesia.
Aug 04, 2021· Indonesia set its August coal benchmark price at $130.99 per tonne, 13.6% higher than July. This is the highest price since at least April 2010, the earliest data available, when coal prices were ...
Feb 08, 2021· Tanoto's success only accelerated after Indonesia's transition to democracy. Already one of the country's richest businessmen, his business empire ballooned from around $8 billion in 2007 to well over $20 billion today. The tycoon and his companies have built ties with the country's current President Joko "Jokowi" Widodo.
Feb 13, 2020· Why an Indonesian Oil Tycoon is Turning to Gas. As the climate change crisis escalates and green energy continues to gain momentum, one of Indonesia's most prominent energy tycoons is turning away from oil and championing natural gas as a major product. Juchiro Tampi owns Sele Raya, one of the biggest privately held petroleum producers in ...
Apr 15, 2015· Asia Coal Ventures (ACE), a vehicle managed by Hong Kong-based hedge fund Argyle Street Management, already owns 4.5% of the troubled coal miner but wants to buy the business. Funding is being provided by the Sinarmas Group, owned by tycoon Eka Tjipta Widjaja.
The ICI Weekly Report is the dominant price reference of Indonesian coal, in markets domestically, as well as internationally under the brand "Argus / Coalindo ICI". The five types of ICI assessments are as follows: Grade (Kcal) Timing. Sulphur.
We provide sale export of Indonesia Steam Coal Gross Calorific Value (GCV) 6300 - 6100 Kcal/Kg ADB, Rejection below 6100 Kcal/Kg ADB. Specifications : No. Parameter Guarante 1 Gross Calorific Value (Adb) 6300-6100 Kcal/Kg, Rejection Below 6100 Kcal/Kg Adb 2 Gross Calorific Value (Arb) 5300-5100 Kcal/Kg, Rejection Below 5100 Kcal/Kg Arb 3 Total Moisture (Arb) 16 18%, Rejection Above 18% 4 ...
May 12, 2021· JAKARTA — Indonesia says it will stop building new coal-fired power plants after 2023 to meet its carbon-neutral goals — but the more than 100 plants to be built by then will still be churning ...
Aug 09, 2021· Indonesia requires coal miners to sell 25% of their production to the domestic market, mainly to state power utility PT Perusahaan Listrik Negara (PLN). Failure to do so results in sanctions ...
Apr 01, 2016· The $1 billion loan was made to mining tycoon Samin Tan's coal firm, Borneo Lumbung Energi & Metal Tbk (BORN.JK) and was one of the bank's largest exposures to a …
Apr 07, 2021· Coal reference price per ton Indonesia 2012-2018. Published by Statista Research Department, Apr 7, 2021. The Indonesian Energy and Mineral Resources Ministry has set the country's coal …
Sep 21, 2020· SAMARINDA, Indonesia — On Sept. 6, five teenagers went together to a man-made lake in Indonesia's East Kalimantan province, carved out of a coal …
May 25, 2021· A recent article from Mongabay reports that as of 2023 Indonesia will no longer build new coal-fired power plants. The article notes, however, that Indonesia still intends to finish dozens of ...