TABLE OF CONTENTS. No. Title Media Source Page

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Daily News Update Page 1

HE MANAGEMENT of PT Bukit Asam Tbk (PTBA) emphasized that the ban on coal exports as stated in the Letter of the Director General of Mineral and Coal No. B- 1605/2021 basically did not have a material impact on the financial, operational, legal issues and sustainability of Bukit Asam and its subsidiaries.

"Considering that Bukit Asam and its subsidiary, PT Internasional Prima Coal, have committed a long-term agreement to supply coal to PLTU owned by PT PLN Group and several IPPs. However, until now, we are currently calculating the impact of the coal export ban," he explained.

Bukit Asam Corporate Secretary, Apollonius Andwie C, Wednesday (5/1).

Apollonius said that based on the coal sale and purchase agreement between Bukit Asam and the buyer, a clause was set regarding the force majeure condition. The policy changes can be proposed as one of the force majeure conditions.

In the event that a force majeure occurs to Bukit Asam as a seller, then his party is released from all obligations and responsibilities as long as the force majeure situation lasts and this is not considered a violation of the terms of the agreement (Default).

"Considering that the prohibition contained in the Letter of the Director General of Mineral and Coal No. B- 1605/2021 is a force majeure situation, the Company believes...

Ekspor Batubara Dilarang Selama Januari 2022, Begini Tanggapan Bukit Asam (PTBA)

Reporter: Arfyana Citra Rahayu | Editor:

Handoyo

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ANAJEMEN PT Bukit Asam Tbk (PTBA) menegaskan larangan ekspor batubara sebagaimana yang tertuang dalam Surat Dirjen Minerba No. B-1605/2021 tersebut pada dasarnya tidak berdampak secara material terhadap keuangan, operasional, permasalahan hukum dan kelangsungan Bukit Asam dan entitas anak.

"Mengingat Bukit Asam dan entitas anak yaitu PT Internasional Prima Coal telah memiliki komitmen perjanjian jangka panjang untuk memasok batubara kepada PLTU milik PT PLN Grup dan beberapa IPP.

Namun, sampai dengan saat ini, kami sedang melakukan perhitungan dampak terhadap larangan ekspor batubara,"

jelasnya Sekretaris Perusahaan Bukit Asam, Apollonius Andwie C, Rabu (5/1).

Apollonius mengungkapkan, berdasarkan perjanjian jual beli batubara antara Bukit Asam dengan pembeli, telah mengatur terkait klausul keadaan kahar. Adapun perubahan kebijakan dapat diajukan sebagai salah satu kondisi kahar.

Dalam hal keadaan kahar timbul kepada Bukit Asam sebagai penjual, maka pihaknya dibebaskan dari segala kewajiban dan tanggung jawab selama keadaan kahar tersebut berlangsung dan hal tersebut tidak dianggap sebagai pelanggaran atas ketentuan perjanjian (Wanprestasi).

"Mengingat larangan yang tertuang pada Surat Dirjen Minerba No. B-1605/2021 adalah keadaan kahar, maka Perseroan meyakini...

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the Company believes that there will be no default arising from the agreements with the buyer," he said.

Furthermore, Apollonius explained the steps that have been taken as an action against the ban on coal exports, namely PTBA together with the Indonesian Coal Mining Association (APBI) and the Indonesian Chamber of Commerce have conducted an assessment with the government and discussed further regarding the policy of banning coal exports.

Through this discussion, his party hopes that the policies issued are fair for mining entrepreneurs in general so that they can also help PT PLN and IPP in fulfilling their coal supply.

On January 3, 2022, PTBA together with APBI have coordinated with the Ministry of Trade where the Ministry of Trade has submitted to the Ministry of EMR a list of companies that have fulfilled DMO obligations. As for companies that have fulfilled their obligations, it is recommen- ded that their export ban be lifted.

maka Perseroan meyakini tidak ada wanprestasi yang timbul atas perjanjian-perjanjian dengan pihak pembeli," ujarnya.

Lebih lanjut, Apollonius menjelaskan langkah yang telah dilaksanakan sebagai tindakan atas larangan ekspor batubara, yakni PTBA bersama dengan Asosiasi Pertambangan Batubara Indonesia (APBI) serta Kamar Dagang Indonesia telah melakukan penjajakan dengan pemerintah dan berdiskusi lebih lanjut terkait kebijakan larangan ekspor batubara.

Melalui diskusi ini, pihaknya berharap kebijakan yang diterbitkan bersifat adil bagi pengusaha pertambangan pada umumnya sehingga juga dapat membantu PT PLN dan IPP dalam pemenuhan pasokan batubaranya.

Pada tanggal 3 Januari 2022, PTBA bersama dengan APBI telah berkoordinasi dengan Kementerian Perdagangan di mana Kemendag telah menyampaikan kepada Kementerian ESDM daftar perusahaan- perusahaan yang telah memenuhi kewajiban DMO. Adapun perusahaan yang telah memenuhi kewajibannya disusulkan untuk dicabut larangan ekspornya.

Coal Prices Drop as China Increases Production

Athika Rahma, Journalist

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HE REFERENCE Coal Price (HBA) in January 2022 experienced a correction to USD158.50 per tonne. This figure decreased by USD 1.29 per ton from last December 2021, which was USD 159.79 per ton.

The Head of the Communication, Public Information Services and Cooperation Bureau (KLIK) of the Ministry of EMR, Agung Pribadi, said...

Harga Batu Bara Turun karena China Tingkatkan Produksi

Athika Rahma, Jurnalis

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ARGA Batubara Acuan (HBA) Januari 2022 mengalami koreksi menjadi USD 158,50 per ton. Angka tersebut turun USD1,29 per ton dari bulan Desember 2021 lalu, yaitu USD159,79 per ton.

Kepala Biro Komunikasi, Layanan Infor- masi Publik dan Kerja Sama (KLIK) Kementerian ESDM Agung Pribadi mengatakan,...

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Agung Pribadi, said that the decline in HBA was triggered by an increase in China's domestic coal production.

"The Chinese government is trying to increase coal production in order to meet domestic needs which has an impact on increasing domestic coal stocks," he said in an official statement, Thursday (6/1/

2022).

Throughout 2021, the HBA experienced a fairly rapid increase. Even had reached the highest level in the last decade. Opened at the level of USD75.84 per tonne in January, HBA experienced an increase in February to USD87.79 per tonne, briefly falling in March to USD84.47 per tonne.

Furthermore, it continued to increase in a row until November 2021 at USD215.01 per tonne. The details are April at USD86.68, May (USD89.74 per ton), June (USD100.33 per ton), July (USD115.35 per ton), August (USD130.99 per ton), September (USD150.03 per tonne), and October (USD161.63 per tonne). However, it experienced a decline in December (USD159.79 per ton).

On the other hand, the arrival of winter in the northern part of the world has caused a sharp increase in the demand for electricity for heating and gas supply constraints in Europe have also been another factor in the decline in prices.

"Countries in Europe are turning to coal for power generation," he added.

HBA itself is a price obtained from the average index of the Indonesia Coal Index (ICI), Newcastle Export Index (NEX), Globalcoal Newcastle Index (GCNC), and Platt's 5900 in the previous month, with quality equivalent to 6322 kcal/kg GAR, Total Moisture 8%, Total Sulfur 0.8%, and Ash 15%.

Agung Pribadi mengatakan, penurunan HBA salah satunya dipicu adanya peningkatan produksi batu bara domestik Tiongkok.

"Pemerintah Tiongkok berusaha meningkatkan produksi batu bara dalam rangka memenuhi kebutuhan dalam negeri yang berdampak pada meningkatnya stok batubara dalam negeri," katanya dalam keterangan resmi, Kamis (6/1/2022).

Sepanjang tahun 2021 lalu, HBA cukup mengalami kenaikan pesat. Bahkan sempat mencapai level tertinggi dalam satu dekade terakhir. Dibuka pada level USD75,84 per ton di Januari, HBA mengalami kenaikan pada bulan Februari USD87,79 per ton, sempat turun di Maret USD84,47 per ton.

Selanjutnya terus mengalami kenaikan secara beruntun hingga bulan November 2021 pada angka USD215,01 per ton.

Rinciannya, April di angka USD86,68, Mei (USD89,74 per ton), Juni (USD100,33 per ton), Juli (USD115,35 per ton), Agustus (USD130,99 per ton), September (USD 150,03 per ton), dan Oktober (USD161,63 per ton). Namun sempat mengalami penurunan pada Desember (USD159,79 per ton).

Di sisi lain, kedatangan musim dingin di bagian utara dunia membuat kebutuhan listrik untuk penghangat ruangan meningkat tajam serta terdapat kendala pasokan gas di Eropa juga menjadi faktor lain penurunan harga.

"Negara-negara di Eropa beralih ke batubara untuk pembangkit listrik," tambahnya.

HBA sendiri merupakan harga yang diperoleh dari rata-rata indeks Indonesia Coal Index (ICI), Newcastle Export Index (NEX), Globalcoal Newcastle Index (GCNC), dan Platt's 5900 pada bulan sebelumnya, dengan kualitas yang disetarakan pada kalori 6322 kcal/kg GAR, Total Moisture 8%, Total Sulphur 0,8%, dan Ash 15%.

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Later, this price will be used directly in the sale and purchase of coal commodities (spot) for one month at the point of delivery of sales on a Free on Board basis on a transport vessel (FOB Veseel).

There are two derivative factors that influence the movement of HBA, namely, supply and demand. In terms of supply derivatives, it is influenced by season (weather), mining techniques, supplier country policies, to supply chain technicalities such as trains, barges, and loading terminals.

"Meanwhile, the demand derivative is influenced by declining electricity demand, which correlates with industrial conditions, import policies, and competition with other energy commodities, such as LNG, nuclear and hydro," he said. (fbn)

Nantinya, harga ini akan digunakan secara langsung dalam jual beli komoditas batubara (spot) selama satu bulan pada titik serah penjualan secara Free on Board di atas kapal pengangkut (FOB Veseel).

Terdapat dua faktor turunan yang memengaruhi pergerakan HBA yaitu, supply dan demand. Pada faktor turunan supply dipengaruhi oleh season (cuaca), teknis tambang, kebijakan negara supplier, hingga teknis di supply chain seperti kereta, tongkang, maupun loading terminal.

"Sementara untuk faktor turunan demand dipengaruhi oleh kebutuhan listrik yang turun berkorelasi dengan kondisi industri, kebijakan impor, dan kompetisi dengan komoditas energi lain, seperti LNG, nuklir, dan hidro," katanya. (fbn)

Get ready! Erick Thohir Signals Coal DMO Will Change

Author: Rayful Mudassir

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INISTER of State-Owned Enterprises (SOE) Erick Thohir said the government would issue changes to the Domestic Market Obligation (DMO) rules in line with the ban on coal exports since January 1.

Erick in his statement said that the Minister of Energy and Mineral Resources (MEMR) will issue changes to the DMO which can be reviewed every month.

The decision was agreed in a joint meeting between the Minister of EMR Arifin Tasrif, the Minister of Trade Muhammad Luthfi, the Minister of Transportation Budi Karya Sumadi, the Attorney General's Office and BPKP on Monday (2/1/2022) night.

Siap-Siap! Erick Thohir Beri Sinyal DMO Batu Bara Akan Berubah

Author: Rayful Mudassir

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ENTERI Badan Usaha Milik Negara (BUMN) Erick Thohir menyebutkan pemerintah akan mengeluarkan perubahan pada aturan Domestic Market Obligation (DMO) seiring pelarangan ekspor batu bara sejak 1 Januari lalu.

Erick dalam keterangannya mengatakan Menteri Energi dan Sumber Daya Mineral (ESDM) akan mengeluarkan perubahan DMO yang dapat ditinjau setiap bulan.

Keputusan itu disepakati dalam rapat bersama antara Menteri ESDM Arifin Tasrif, Menteri Perdagangan Muhammad Luthfi, Menteri Perhubungan Budi Karya Sumadi, Kejaksaan Agung dan BPKP pada Senin (2/1/2022) malam.

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"In a joint meeting it was also agreed that the Minister of EMR will issue changes to the DMO which can be reviewed monthly and those who do not comply with the contract will be subject to a high penalty and even have their permit revoked," he said in an official statement quoted on Wednesday (5/1/2022).

When confirmed, the Special Staff of the Minister of EMR for the Acceleration and Governance of Minerals and Coal, Irwandy Arif, said that the ministry is still evaluating improvements to DMO.

"There are no details yet. [However]

Evaluation of improvements is being carried out," he told Bisnis, Wednesday (5/1/2022).

Since 2018, the government has set a coal DMO price of US$70 per metric ton. In 2021, the Ministry of EMR requires new coal companies to supply a minimum of 25 percent of the total annual production for domestic needs.

However, strengthening the export price of coal last year prompted business actors to prioritize exports over meeting domestic supply. This condition then resulted in a deficit in the supply of coal at power plants owned by PLN and independent power producers (IPP).

This situation has the potential to cause power outages for around 10 million PLN customers. Therefore, the government prohibits the export of these commodities on January 1 - 31, 2022. However, the government assures that this policy will be evaluated on January 5 by looking at the realization of coal supply for domestic purposes.

Meanwhile, during this ban, PT PLN (Persero) said it had secured coal supplies of around 7.5 million tons as of Tuesday (4/1/2022). Nevertheless, the stun company will continue to increase the amount of supply until it is able to reach 20 days of operation. Editor : Amanda Kusumawardhani

"Dalam rapat bersama juga disepakati bahwa Menteri ESDM akan mengeluarkan perubahan DMO yang bisa direviu perbulan dan yang tidak menepati sesuai kontrak akan di penalti tinggi bahkan di cabut izinnya," katanya dalam keterangan resmi dikutip Rabu (5/1/2022).

Saat dikonfirmasi, Staf Khusus Menteri ESDM Bidang Percepatan dan Tata Kelola Minerba Irwandy Arif menyebut evaluasi perbaikan terhadap DMO masih terus dilakukan oleh kementerian tersebut.

"Belum dapat detailnya. [Akan tetapi]

Evaluasi perbaikan sedang dilakukan,"

katanya kepada Bisnis, Rabu (5/1/2022).

Sejak 2018, pemerintah telah menetapkan harga DMO batu bara sebesar US$70 per metrik ton. Pada 2021, Kementerian ESDM mewajibkan perusahaan baru bara untuk memasok minimal 25 persen dari total produksi tahunan untuk kebutuhan dalam negeri.

Namun, menguatkan harga ekspor batu bara pada tahun lalu memicu pelaku usaha lebih mendahulukan ekspor dibandingkan pemenuhan pasokan domestik. Kondisi ini kemudian berbuntut pada defisitnya pasokan batu bara di pembangkit milik PLN maupun independent power producer (IPP).

Situasi itu berpotensi menyebabkan pema- daman listrik yang dialami sekitar 10 juta pelanggan PLN. Sebab itu, pemerintah melarang ekspor komoditas tersebut pada 1 - 31 Januari 2022. Tetapi, pemerintah me- yakinkan kebijakan ini akan dievaluasi pada 5 Januari dengan melihat realisasi pasokan batu bara untuk kepentingan domestik.

Sementara itu, selama pelarangan ini, PT PLN (Persero) menyebut telah mengamankan pasokan batu bara sekitar 7,5 juta ton per Selasa (4/1/2022). Kendati demikian, perusahaan setrum akan terus meningkatkan jumlah pasokan hingga mampu mencapai 20 hari operasi. Editor : Amanda Kusumawardhani

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Selling Shares to ABI, J Resources Asia Pacific Expects

Financial Burden to Lower

Author: Edo Fernando, Editor: Ocky PR.

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T J RESOURCES Asia Pacific Tbk. (PSAB) sold all shares owned by PT J Resources Nusantara (JRN), which is a subsidiary of the company, in PT Gorontalo Sejahtera Mining (GSM). The party that bought all the shares was PT Andalan Bersama Investama (ABI).

It is known that the transaction value in the sale and purchase of shares reached

$150 million or around Rp2.13 trillion.

This was conveyed by the company in the disclosure of information on the Indonesia Stock Exchange (IDX). J Resources Nusantara previously owned 751,949,753 shares in Gorontalo Sejahtera Mining, with an estimated value of Rp 2.167 trillion.

The company said that the reason for selling the shares was because it considered the business aspect. He further explained that the company has a goal to develop other gold mining assets that it also owns.

With the sale of shares, J Resources Asia Pacific hopes that the company will be able to increase liquidity which can later be used to support working capital for the company and its subsidiaries.

On the other hand, the proceeds from the sale of shares are also used to reduce the existing loan burden, and also to carry out the construction and development of a number of other gold mining assets owned by the company.

Jual Saham ke ABI, J Resources Asia Pasifik Berharap Beban

Keuangan Menurun

Penulis: Edo Fernando, Editor: Ocky PR.

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T J RESOURCES Asia Pasifik Tbk. (PSAB) menjual semua saham yang dimiliki oleh PT J Resources Nusantara (JRN), yang merupakan anak usaha perusahaan, dalam PT Gorontalo Sejahtera Mining (GSM). Pihak yang membeli seluruh saham tersebut adalah PT Andalan Bersama Investama (ABI).

Diketahui besaran nilai transaksi dalam jual- beli saham tersebut mencapai $150 juta atau sekitar Rp2,13 triliun. Hal tersebut di- sampaikan perusahaan dalam keterbukaan informasi di Bursa Efek Indonesia (BEI). J Resources Nusantara sendiri sebelumnya memiliki sebanyak 751.949.753 lembar saham di Gorontalo Sejahtera Mining, yang ditaksir nilainya sebesar Rp2,167 triliun.

Pihak perusahaan mengatakan bahwa alasan dari penjualan saham tersebut adalah karena mempertimbangkan aspek bisnis. Dijelaskan lebih lanjut, bahwa perusahaan memiliki tujuan untuk melakukan pengembangan aset pertambangan emas lainnya yang juga dimiliki.

Dengan adanya penjualan saham itu, J Resources Asia Pasifik berharap perusahaan mampu untuk meningkatkan likuiditas yang nantinya bisa dimanfaatkan untuk mendukung modal kerja perusahaan maupun anak perusahaan.

Di sisi lain, hasil dari penjualan saham itu juga digunakan untuk mengurangi beban pinjaman yang ada, dan juga untuk melakukan pembangunan serta pengembangan sejumlah aset pertambangan emas lainnya yang dimiliki perusahaan.

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Overall operational performance is also expected to improve with this transaction, and the company's financial consolidation can also be maintained for years to come, with increased revenue potential and a decrease in financial expenses. So that in the end it can make a positive contribution to all stakeholders.

Andalan Bersama Investama itself is an affiliate of PT Merdeka Copper Gold Tbk, which previously purchased a number of shares belonging to the company on December 31, with a transaction value of Rp1.14 trillion.

Kinerja operasional secara keseluruhan juga diharapkan bisa meningkat dengan adanya transaksi ini, serta konsolidasi keuangan perusahaan juga bisa terjaga hingga tahun- tahun ke depan, dengan meningkatnya potensi pendapatan serta adanya penurunan beban keuangan. Sehingga pada akhirnya dapat memberikan kontribusi positif kepada seluruh stakeholder.

Andalan Bersama Investama sendiri adalah afiliasi dari PT Merdeka Copper Gold Tbk, yang sebelumnya telah membeli sejumlah saham milik perusahaan pada tanggal 31 Desember kemarin yang nilai transaksinya mencapai Rp1,14 triliun.

There is a Coal Export Ban, This is What Adaro (ADRO) and Its

Subsidiaries Do

Reporter: Muhammad Julian | Editor:

Tendi Mahadi

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T ADARO Energy Tbk and its sub- sidiaries ensure that they prepare necessary steps in responding to the coal export ban policy. The steps referred to are related to the prohibition policy itself, as well as to existing engagements with other related parties.

Head of Corporate Communication of PT Adaro Energy Tbk (ADRO), Febriati Nadira ensured that meeting domestic coal needs was Adaro's priority.

"Complying with the DMO (domestic market obligation) regulations and meeting the domestic demand and supply of coal is Adaro's priority," said Nadira to Kontan.co.id (5/1).

Ada Larangan Ekspor Batubara, Ini yang Dilakukan Adaro (ADRO) dan Anak Usahanya

Reporter: Muhammad Julian | Editor:

Tendi Mahadi

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T ADARO Energy Tbk dan anak usaha memastikan mempersiapkan l angkah- langkah yang dianggap perlu dalam menyi- kapi kebijakan larangan ekspor batubara.

Langkah-langkah yang dimaksud berkaitan dengan kebijakan larangan itu sendiri, maupun terhadap perikatan yang ada dengan pihak-pihak terkait lainnya.

Head of Corporate Communication PT Adaro Energy Tbk (ADRO), Febriati Nadira memastikan, pemenuhan kebutuhan batubara dalam negeri merupakan prioritas Adaro.

“Mematuhi peraturan ketentuan DMO (domestic market obligation) serta memenuhi kebutuhan dan pasokan batubara untuk dalam negeri merupakan prioritas Adaro,”

ujar Nadira kepada Kontan.co.id (5/1).

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Previously, ADRO through its subsidiaries received several letters from the government. These letters include the letter from the Ministry of Energy and Mineral Resources of the Republic of Indonesia Directorate General of Mineral and Coal number: B1605/MB.05/DJB.B/

2021 dated December 31, 2021 regarding

“Fulfillment of Coal Needs for General Electricity” (“Letter B- 1605").

Then the letter from the Ministry of Energy and Mineral Resources of the Republic of Indonesia Directorate General of Mineral and Coal number: B-1611/MB.05/DJB.B/

2021 dated December 31, 2021 regarding

"Prohibition of Sales of Coal Overseas", including a letter from the Ministry of Transportation of the Directorate General Sea Transportation number: UM.006/26/

1/DA2021 dated December 31, 2021 regarding “Temporary Ban on Coal Exports”.

Based on Letter B-1605, all companies holding PKP2B, IUP, Production Operation IUPK, IUPK as Continuation of Contract/

Agreement Operations, and Coal Trans- portation and Sales permit holders are prohibited from selling coal overseas from 1 to 31 January 2022.

Along with the prohibition, companies holding work agreements and business permits above are also obliged to supply all of their coal production to meet electricity needs for the public interest in accordance with their obligations to fulfill domestic needs and/or assignments from the Government to companies and/or contracts with PT PLN (Persero) and independent power producer (IPP).

In the event that coal is already at the loading port and/or has been loaded on the ship, this letter requires that the coal be immediately sent to the PLTU belonging to the PT PLN (Persero) and IPP Group.

Sebelumnya, ADRO melalui anak-anak usahanya menerima beberapa surat dari pemerintah. Surat-surat tersebut meliputi surat Kementerian Energi dan Sumber Daya Mineral Republik Indonesia Direktorat Jenderal Mineral dan Batubara nomor:

B1605/MB.05/DJB.B/2021 tertanggal 31 Desember 2021 perihal “Pemenuhan Kebu- tuhan Batubara untuk Kelistrikan Umum”

(“Surat B-1605”).

Lalu surat Kementerian Energi dan Sumber Daya Mineral Republik Indonesia Direktorat Jenderal Mineral dan Batubara nomor: B- 1611/MB.05/DJB.B/2021 tertanggal 31 Desember 2021 perihal “Pelarangan Pen- jualan Batubara ke Luar Negeri”, termasuk surat Kementerian Perhubungan Direktorat Jenderal Perhubungan Laut nomor: UM.

006/26/1/DA2021 tertanggal 31 Desember 2021 perihal “Pelarangan Sementara Ekspor Batubara”.

Berdasarkan Surat B-1605, seluruh perusahaan pemegang PKP2B, IUP, IUPK Operasi Produksi, IUPK sebagai Kelanjutan Operasi Kontrak/Perjanjian, dan pemegang izin Pengangkutan dan Penjualan Batubara dilarang melakukan penjualan batubara ke luar negeri sejak tanggal 1 sampai dengan 31 Januari 2022.

Bersamaan dengan larangan tersebut, perusahaan-perusahaan pemegang perjanjian karya dan izin-izin usaha di atas juga berkewajiban memasok seluruh produksi batubaranya untuk memenuhi kebutuhan listrik untuk kepentingan umum sesuai kewajiban pemenuhan kebutuhan dalam negeri dan/atau penugasan dari Pemerintah kepada perusahaan dan/atau kontrak dengan PT PLN (Persero) dan independent power producer (IPP).

Dalam hal sudah terdapat batubara di pelabuhan muat dan/atau sudah dimuat di kapal, surat ini mewajibkan agar batubara tersebut segera dikirimkan ke PLTU milik Grup PT PLN (Persero) dan IPP.

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As license holders, ADRO's subsidiaries, namely PT Adaro Indonesia, Balangan Coal Companies (PT Semesta Centramas, PT Laskar Semesta Alam, and PT Paramitha Cipta Sarana), PT Mustika Indah Permai, and PT Maruwai Coal are also affected by this policy.

"The Company and its Subsidiaries are still monitoring the impacts that have arisen as well as those that have arisen from the prohibitions and obligations of the letters mentioned above," ADRO management wrote in a letter to the Indonesia Stock Exchange (IDX) January 3, 2021 ago.

In her interview with Kontan.co.id, Nadira said that ADRO hopes that regulations in the coal industry can allow national companies such as Adaro to continue to exist and support national energy security while at the same time contributing to the state in the form of royalties, taxes, labor, CSR, and others.

Nadira confirmed that ADRO has allocated 11.1 million tons of coal to meet the DMO requirements in 2021. This amount is estimated to be equivalent to 26%-27% of ADRO's total production in 2021, aka more than the required DMO requirements.

"For 2021, Adaro's DMO is around 11.1 million tons. Domestic sales realization in January - October 2021 was 9.69 million tons. With additional sales in November &

December 2021, the estimated total domestic coal sales for 2021 is 26-27% of total production," explained Nadira.

As additional information, currently ADRO has also received an additional assignment of 500,000 tons and has agreed with the Ministry of EMR and PLN to immediately fulfill the additional assignment.

Sebagai pemegang izin, anak-anak usaha ADRO, yakni PT Adaro Indonesia, Balangan Coal Companies (PT Semesta Centramas, PT Laskar Semesta Alam, dan PT Paramitha Cipta Sarana), PT Mustika Indah Permai, serta PT Maruwai Coal turut terdampak oleh kebijakan ini.

“Perseroan dan Anak-anak Perusahaan sampai dengan saat ini masih terus memonitor dampak yang timbul maupun yang telah timbul dari adanya larangan dan kewajiban dari surat-surat tersebut di atas,”

tulis manajemen ADRO dalam suratnya kepada Bursa Efek Indonesia (BEI) 3 Januari 2021 lalu.

Dalam wawancaranya dengan Kontan.co.id, Nadira mengatakan bahwa ADRO berharap agar peraturan di industri batubara dapat membuat perusahaan nasional seperti Adaro tetap bisa eksis dan ikut mendukung keta- hanan energi nasional sekaligus mem-berikan kontribusi kepada negara dalam bentuk royalti, pajak, tenaga kerja, CSR, dan lain-lain.

Nadira memastikan, ADRO telah meng- alokasikan sebanyak 11,1 juta ton batubara untuk memenuhi ketentuan DMO di tahun 2021. Jumlah tersebut diestimasikan setara dengan 26%-27% dari total produksi ADRO di tahun 2021 alias lebih dari ketentuan DMO yang disyaratkan.

“Untuk tahun 2021 DMO Adaro sekitar 11,1 juta ton. Realisasi penjualan domestik pada bulan Januari - Oktober 2021 sebesar 9,69 jt ton. Dengan tambahan penjualan di Novem- ber & Desember 2021, maka estimasi total penjualan batu bara ke domestik untuk tahun 2021 adalah 26-27% dari total produksi,” terang Nadira.

Sebagai tambahan informasi, saat ini ADRO juga mendapatkan penugasan tambahan sebanyak 500.000 ton dan sudah bersepakat dengan Kementerian ESDM serta PLN untuk segera memenuhi penugasan tambahan tersebut.

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Coal Drama Continues, Japan Asks RI to Allow Exports

Hidayat Setiaji, CNBC Indonesia

C

OAL prices rose again in yesterday's trading. However, the rate of increase was not as fast as the previous day.

Yesterday, the price of coal on the Newcastle (Australia) ICE market closed at US$ 161.65/ton. Up 0.34% compared to the previous day.

Thus, the price of the black stone rose two days in a row. In those two days, the price added 6.73%.

Although still rising, the 0.34% increase was much slower than the 6.37% surge at the close of trading on January 4, 2022.

The news from Indonesia caused a 'crazy' for coal prices. The price increase of more than 6% was due to the market response to the Indonesian government's policy of banning coal exports for a month.

Indonesia is the world's largest coal exporter. Without coal from Indonesia, many countries are threatened with darkness because their power plants lack fuel. Japan, for example.

The Japanese Embassy in Indonesia sent a letter to the Indonesian government requesting that high-calorie coal (which is not used by power plants in the country) could still be sent to the Land of the Rising Sun.

"The sudden export ban has had a serious impact on economic activity in Japan and on people's daily lives," the letter said.

Drama Batu Bara Berlanjut, Jepang Minta RI Izinkan Ekspor

Hidayat Setiaji, CNBC Indonesia

H

ARGA batu bara naik lagi pada perda- gangan kemarin. Namun laju kenaikannya tidak secepat hari sebelumnya.

Kemarin, harga batu bara di pasar ICE Newcastle (Australia) ditutup di US$

161,65/ton. Naik 0,34% dibandingkan hari sebelumnya.

Dengan demikian, harga si batu hitam naik dua hari beruntun. Dalam dua hari itu, harga bertambah 6,73%.

Meski masih naik, tetapi kenaikan 0,34%

jauh melambat dibandingkan lonjakan 6,37% pada penutupan perdagangan 4 Januari 2022.

Kabar dari Indonesia menyebabkan 'kegilaan' harga batu bara. Kenaikan harga yang lebih dari 6% itu disebabkan respons pasar terhadap kebijakan pemerintah Indonesia yang melarang ekspor batu bara selama sebulan.

Indonesia adalah negara eksportir batu bara terbesar dunia. Tanpa batu bara dari Indonesia, tidak sedikit negara yang terancam gelap gulita karena pembangkit listrik mereka kekurangan bahan bakar.

Jepang, misalnya. Kedutaan Besar Jepang di Indonesia sampai mengirim surat ke pemerintah Indonesia, meminta batu bara berkalori tinggi (yang tidak digunakan oleh pembangkit listrik di Tanah Air) tetap bisa dikirim ke Negeri Matahari Terbit.

"Larangan ekspor yang begitu tiba-tiba berdampak serius terhadap aktivitas ekonomi di Jepang dan kehidupan masyarakat sehari- hari," sebut surat itu.

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Japan imports about 2 million tons of Indonesian coal per month. Currently, at least five coal-carrying ships that were supposed to go to Japan are still stuck at the port.

Not only ships going to Japan, all coal carriers suffered the same fate. More than 100 ships were stuck in port.

"We haven't seen any shipments since December 31, 2021," said a trader in Gujarat (India) as quoted by Reuters. CNBC INDONESIA RESEARCH TEAM (aji/aji)

Jepang mengimpor batu bara Indonesia sekitar 2 juta ton per bulan. Saat ini setidaknya lima kapal pengangkut batu bara yang sedianya berangkat ke Jepang masih tertahan di pelabuhan.

Tidak hanya kapal yang akan ke Jepang, seluruh kapal pengangkut batu bara mengalami nasib serupa. Lebih dari 100 kapal tertahan di pelabuhan.

"Kami tidak melihat ada pengiriman sejak 31 Desember 2021," sebut seorang trader di Gujarat (India) seperti dikutip dari Reuters. TIM RISET CNBC INDONESIA (aji/aji)

Banks can't suddenly stop financing coal, here's why

Dea Duta Aulia - detikFinance

A

LTHOUGH currently the banking financial sector is directed to support the implementation of a green economy, financing to the fossil energy sector is not necessarily abolished. Because at this time, the main energy needs in Indonesia and globally still depend on coal.

Quoted from CNBC Indonesia Wednesday (5/1/2021), Research Director of the Center of Reform on Economics (CORE) Piter Abdullah explained that although Indonesia currently has a vision of imple- menting a green economy, this cannot be done easily.

He explained that the transition from fossil energy sources to new renewable energy that is environmentally friendly cannot be done in the blink of an eye. To make this transition a success requires a long-term process and effort.

Perbankan Tak Bisa Mendadak Setop Biayai Batu Bara, Ini

Sebabnya

Dea Duta Aulia - detikFinance

M

ESKIPUN saat ini sektor keuangan perbankan diarahkan untuk mendukung penerapan ekonomi hijau, namun pembiayaan ke sektor energi fosil tidak serta merta dihapus begitu saja. Sebab saat ini, kebutuhan akan energi utama di Indonesia dan global masih tergantung pada batu bara.

Dikutip dari CNBC Indonesia Rabu (5/1/2021), Direktur Riset Center of Reform on Economics (CORE) Piter Abdullah menjelaskan meskipun saat ini Indonesia memiliki visi menerapkan ekonomi hijau, namun hal tersebut tidak bisa dilakukan dengan mudah begitu saja.

Ia menjelaskan, peralihan sumber energi dari fosil ke energi baru terbarukan yang ramah lingkungan tidak bisa dilakukan sekejap mata. Untuk mensukseskan peralihan tersebut butuh proses dan upaya jangka panjang.

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Not to mention the issue of financing, he assessed, stopping the flow of funds to support the coal sub-sector totally cannot be done in a short time.

"Currently, renewable energy has not yet developed and we still really need the coal mining sub-sector," said Piter.

Although the concept of a green economy is very good, Piter emphasized, if funding for the coal sector is stopped briefly and suddenly, it can have a negative multiplier effect such as an energy crisis, loss of income, and social crisis.

"So to encourage a green economy, green financing, it doesn't mean that industries that still use coal are immediately shut down," added Piter.

Regarding this problem, Binus University Banking Economic Observer Doddy Ariefianto also spoke up. Doddy said that currently, many financial companies have implemented business sector financing that adheres to Environmental, Social and Corporate Governance (ESG) principles. In fact, this trend has been developing since 2021.

"It is important for companies to imple- ment sustainability report management so that they are not only oriented towards profit alone, but also have other social responsibilities," said Doddy.

This trend has also received a positive response from the international community. Doddy said that many foreign investors encourage companies to apply the ESG concept.

Especially for Indonesia, according to him, currently developing countries cannot be equated with developed countries. Because developed countries have the technology and finances that are considered mature to utilize environmentally friendly energy.

Belum lagi soal pembiayaan, ia menilai, menghentikan aliran dana untuk mendukung subsektor batu bara secara total tidak bisa dilakukan dalam waktu singkat.

"Saat ini energi baru terbarukan belum berkembang dan kita masih sangat membutuhkan subsektor pertambangan batu bara," kata Piter.

Meskipun konsep ekonomi hijau sangat baik, Piter menegaskan, jika pendanaan pada sektor batu bara dihentikan secara singkat dan mendadak maka bisa memberikan multiplier effect yang negatif seperti krisis energi, kehilangan pendapatan, dan krisis sosial.

"Jadi untuk mendorong green economy, pembiayaan hijau, bukan berarti industri yang masih menggunakan batu bara langsung dimatikan," tambah Piter.

Terkait permasalahan tersebut, Pengamat Ekonomi Perbankan Binus University Doddy Ariefianto ikut angkat bicara. Doddy mengatakan, saat ini, sudah banyak perusahaan keuangan yang menerapkan pembiayaan sektor bisnis yang memegang prinsip Lingkungan, Sosial dan Tata Kelola Perusahaan (Environmental, social and corporate governance/ESG). Bahkan, tren tersebut sudah berkembang sejak 2021 lalu.

"Perusahaan penting menerapkan manajemen tata kelola laporan keberlanjutan atau sustainability agar tidak hanya berorientasi hanya laba semata, tapi ada tanggung jawab sosial lain," ujar Doddy.

Tren tersebut pun mendapatkan sambutan positif dari dunia internasional. Doddy mengungkapkan, tak sedikit investor luar negeri mendorong agar perusahaan-perusahaan bisa menerapkan konsep ESG.

Khusus untuk Indonesia, menurutnya, saat ini negara berkembang tidak bisa disamakan dengan negara maju. Karena negara maju memiliki teknologi dan finansial yang dianggap sudah matang untuk memanfaatkan energi ramah lingkungan.

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"We as a developing country are also in a dilemma. So we need to sit down together between entrepreneurs, financial companies and regulators who can encourage it, by providing incentives, either in the form of tax incentives, interest rates, and others," said Doddy.

Meanwhile, BNI's Corporate Secretary, Mucharom, revealed that green banking has actually been carried out by banks with the portion of financing that continues to increase from time to time.

In fact, PT Bank BNI Indonesia (Persero) Tbk (BBNI) itself has poured funds for a green portfolio reaching Rp. 140.5 trillion or 24.7% of BNI's total loans. Mucharom emphasized that in 2022, his party will continue to provide support to ESG.

"We can say that as a pioneer in Green Banking, BNI will increase selective business expansion and prepare sustainable financial solutions in 2022. We will continue to initiate green lending in BNI's loan portfolio to support ESG initiatives, one of which is by increasing the MSME business through BNI. Xpora to increase the potential of MSMEs to go global," he said.

Mucharom explained that financing with a sustainable concept is a source of income with strong prospects for BNI. This will also spur BNI to continue to look for more potential for stronger green portfolio growth in the future.

"Meanwhile, several segments that are included in the green portfolio are financing with the concept of empower- ment, management of living natural resources and sustainable land use, pollution prevention, new and renewable energy and waste management segments,"

concluded Mucharom.

"Kita sebagai negara berkembang juga dilematis. Sehingga perlu duduk bareng antara pengusaha, perusahaan keuangan hingga regulator yang bisa mendorong hal itu, dengan memberikan intensif, baik berupa insentif pajak, suku bunga, dan lain-lain," ujar Doddy.

Sementara itu, Corporate Secretary BNI, Mucharom mengungkapkan, green banking sebenarnya sudah dilakukan oleh perbankan dengan porsi pembiayaan yang terus mengalami peningkatan dari waktu ke waktu.

Bahkan, PT Bank BNI Indonesia (Persero) Tbk (BBNI) sendiri telah menggelontorkan dana untuk green portfolio mencapai Rp 140,5 triliun atau 24,7% dari total kredit BNI.

Mucharom menegaskan, pada tahun 2022 ini, pihaknya akan tetap memberikan dukungan pada ESG.

"Dapat kami sampaikan bahwa sebagai pelopor Green Banking, BNI akan meningkatkan ekspansi bisnis yang selektif dan menyiapkan solusi keuangan secara berkelanjutan pada 2022. Kami akan melanjutkan inisiasi green lending pada portofolio kredit BNI untuk mendukung inisiatif ESG, salah satunya adalah dengan meningkatkan bisnis UMKM melalui BNI Xpora untuk meningkatkan potensi UMKM go global," katanya.

Mucharom menjelaskan, pembiayaan dengan konsep berkelanjutan menjadi salah satu sumber pendapatan dengan prospek kuat bagi BNI. Hal ini pun akan memacu BNI untuk terus mencari banyak potensi pertumbuhan portofolio hijau lebih kuat lagi kedepannya.

"Adapun, beberapa segmen yang termasuk dalam portofolio hijau adalah pembiayaan dengan konsep pemberdayaan, pengelolaan sumber daya alam hayati dan penggunaan lahan yang berkelanjutan, pencegahan polusi, energi baru dan terbarukan serta segmen pengelolaan limbah," tutup Mucharom.

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Likewise, Executive Vice President Secretariat & Corporate Communication of BCA, Hera F. Haryn, said that his party is committed to supporting the Government's efforts to develop a green economy.

BCA, he continued, always prioritizes ESG values, marked by a commitment to lending to sustainable sectors which rose 25.6% year on year (YoY) to Rp143.1 trillion per quarter III-2021. This value consists of Non-SME and MSME.

"On the other hand, we see that digitalization with an automated system is also the most effective way to accelerate the reduction of carbon emissions," said Hera.

Regarding digitalization, BCA also encourages customers to use digital banking services such as mobile banking and internet banking, which are now equipped with various advanced features.

Meanwhile, regarding ESG financing, the company will not focus on only one sector.

(ega/hns)

Setali tiga uang, Executive Vice President Secretariat & Corporate Communication BCA, Hera F. Haryn menyebut pihaknya berkomitmen mendukung upaya Pemerintah dalam rangka menumbuhkembangkan ekonomi hijau.

BCA, lanjutnya, senantiasa mengedepankan nilai-nilai ESG, ditandai dengan komitmen penyaluran kredit kepada sektor-sektor berkelanjutan yang naik 25,6% secara setahunan (year on year/YoY) menjadi Rp143,1 triliun per kuartal III-2021. Nilai ini terdiri dari Non UMKM dan UMKM.

"Di sisi lain, kami melihat bahwa digitalisasi dengan sistem otomasi juga merupakan cara yang paling efektif dalam percepatan pengurangan emisi karbon," tutur Hera.

Terkait digitalisasi tersebut, BCA juga mendorong nasabah menggunakan layanan digital perbankan seperti mobile banking dan internet banking yang kini telah dilengkapi dengan berbagai fitur canggih.

Sedangkan terkait pembiayaan ESG, perseroan tidak akan fokus pada satu sektor saja. (ega/hns)

There is an export ban, look at coal stocks that are still profit

Gita Rossiana

T

HE EXISTENCE of a temporary ban on coal exports affected the stock movement of several coal issuers. However, there are also stocks that remain positive in the midst of the polemic.

Based on RTI data, a number of coal stocks experienced a decline at the close of trading on Wednesday (5/1). PT Adaro Energy Tbk (ADRO) shares declined 2.61%

to Rp 2,240. Shares of PT Harum Energy Tbk (HRUM) also declined...

Ada Larangan Ekspor, Simak Saham Batu Bara yang Tetap Cuan

Gita Rossiana

A

DANYA larangan sementara ekspor batu bara berpengaruh terhadap pergerakan saham beberapa emiten batu bara. Namun ada juga saham yang tetap bergerak positif di tengah polemik tersebut.

Berdasarkan data RTI, sejumlah saham batubara mengalami penurunan pada penutupan perdagangan Rabu, (5/1).

Saham PT Adaro Energy Tbk (ADRO) menurun 2,61% ke level Rp 2.240. Saham PT Harum Energy Tbk (HRUM) juga menurun...

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Shares of PT Harum Energy Tbk (HRUM) also declined 1.9% to the level of Rp 10,300. Then, PT Samindo Resources Tbk decreased 0.29% to a level of Rp 1,740 and PT Bayan Resources Tbk (BYAN) decreased 0.28% to a level of Rp 26,425.

However, there were other coal stocks that rose, such as PT Indo Tambangraya Megah Tbk (ITMG) by 0.63% to a level of Rp.

20,500, PT Bukit Asam Tbk (PTBA) which rose 1.11% to a level of Rp. 2,730, PT Indika Energy Tbk. (INDY) by 1.28% to the level of Rp. 1,580 and PT ABM Investama Tbk (ABMM) by 0.36% to the level of Rp.

1,410.

The government's policy to temporarily stop coal exports is considered to only have a temporary impact on issuers engaged in coal mining. Regardless of the policy, coal stocks are still worth collecting this year.

Head of Investment PT Reswara Gian Investa Kiswoyo Adi Joe explained, so far coal producers are still observing the policy of temporarily stopping exports.

Producers are also asking for relief from the government because not all of them violate the provisions regarding the domestic market obligation (DMO) fulfillment limit.

Furthermore, the Executive Director of the Center for Energy and Mining Law Studies Bisman Bhaktiar explained, the policy of the ban on coal exports would certainly have a great impact on issuers and their shares. However, he saw the impact was only temporary so the effect would not be great.

"Market players will wait and see for a while to see the development of conditions and what the next government policy will be," he explained to Investor Daily, Wednesday (5/1).

Saham PT Harum Energy Tbk (HRUM) juga menurun 1,9% ke level Rp 10.300.

Kemudian, PT Samindo Resources Tbk menurun 0,29% ke level Rp 1.740 dan PT Bayan Resources Tbk (BYAN) menurun 0,28% ke level Rp 26.425.

Namun, masih ada saham batu bara lain yang menguat seperti PT Indo Tambang- raya Megah Tbk (ITMG) sebesar 0,63% ke level Rp 20.050, PT Bukit Asam Tbk (PTBA) naik 1,11% ke level Rp 2.730, PT Indika Energy Tbk (INDY) sebesar 1,28%

ke level Rp 1.580 dan PT ABM Investama Tbk (ABMM) sebesar 0,36% ke level Rp 1.410.

Adapun kebijakan pemerintah untuk menghentikan sementara ekspor batu bara dinilai hanya berdampak sementara terhadap emiten yang bergerak di bidang tambang batu bara. Terlepas dari kebijakan tersebut, saham batu bara masih layak dikoleksi pada tahun ini.

Head of Investment PT Reswara Gian Investa Kiswoyo Adi Joe menjelaskan, sejauh ini produsen batubara masih meng- amati kebijakan penghentian sementara ekspor tersebut. Produsen juga sedang meminta keringanan kepada pemerintah karena tidak semuanya melanggar keten- tuan mengenai batas pemenuhan domestic market obligation (DMO).

Lebih lanjut, Direktur Eksekutif Pusat Studi Hukum Energi dan Pertambangan Bisman Bhaktiar menjelaskan, kebijakan larangan ekspor batu bara ini tentunya sangat berpengaruh kepada emiten dan juga sahamnya. Namun, dia melihat dampaknya hanya sementara sehingga pengaruhnya tidak akan besar.

“Pelaku pasar akan wait and see beberapa saat melihat perkembangan kondisi dan bagaimana kebijakan pemerintah selanjutnya,” terang dia kepada Investor Daily, Rabu (5/1).

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Bisman also sees that this export ban will not be enforced for a long time. Therefore, in the near future there will be a change in government policy, along with the restoration of primary energy availability for PLN's power plants. Editor : Gita Rossiana

Bisman juga melihat larangan ekspor ini juga tidak akan diberlakukan dalam waktu lama. Karenanya, dalam beberapa waktu ke depan akan terjadi perubahan kebijakan pemerintah, seiring dengan pemulihan keter- sediaan energi primer untuk pembangkit listrik milik PLN. Editor : Gita Rossiana

Attention! Nickel Carves 7 Year High Price Record

Robertus Andrianto, CNBC Indonesia

N

ICKEL hit a new record high this afternoon. The previous high was set seven years ago at US$21,174/ounce on May 12, 2014.

Yesterday (4/1/2021) nickel price closed at US$ 21,137/ton, up 1.83% compared to the previous day's position.

The nickel price was driven by supply constraints. Nickel inventories in China, the main consumer of nickel, fell at the end of last year.

Nickel ore inventories at Chinese ports fell 65,000 wet tons (wmt) in the week ended December 31 to 8.59 million wmt. The total Ni content reaches 67,500 tons. Total inventories at the seven main ports stood at around 3.89 million wmt, down 65,000 wmt from the previous week.

Nickel ore inventories have fallen for the sixth week in a row since late November as imports declined significantly. However, this week's decline has been relatively slow. The pressure from loading and unloading problems began to subside.

Perhatian! Nikel Ukir Rekor Harga Tertinggi 7 Tahun

Robertus Andrianto, CNBC Indonesia

N

IKEL mengukir rekor harga tertinggi baru siang ini. Harga tertinggi sebelumnya tercipta tujuh tahun lalu di US$ 21.174/ons pada 12 Mei 2014.

Kemarin (4/1/2021) harga nikel ditutup di US$ 21.137/ton, naik 1,83% dibandingkan posisi hari sebelumnya.

Laju harga nikel terdorong oleh kendala pasokan. Persediaan nikel di China, konsumen utama nikel jatuh pada akhir tahun lalu.

Persediaan bijih nikel di pelabuhan Cina turun 65.000 ton basah (wmt) pada pekan yang berakhir 31 Desember menjadi 8,59 juta wmt. Total kandungan Ni mencapai 67.500 ton. Total persediaan di tujuh pelabuhan utama mencapai sekitar 3,89 juta wmt, turun 65.000 wmt dari pekan sebelumnya.

Persediaan bijih nikel telah turun selama enam minggu berturut-turut sejak akhir November karena impor menurun secara signifikan. Namun, penurunan minggu ini relatif melambat. Tekanan dari masalah bongkar muat pun mulai mereda.

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Several nickel smelters will carry out maintenance in January. This is expected to make inventories at the port recover slightly.

Nickel inventories at the London Metal Exchange (LME) warehouse as of 4 January 2021 were recorded at 101,256 tons. This number decreased by 59.17% point-to- point from 2021 of 247,980 tons.

Falling supply and low inventories occur at a time when demand for nickel is growing from stainless steel and electric car batteries Global demand for nickel comes from Chinese stainless steel mills, which will grow 15% in 2021. This demand growing in line with the global economic recovery.

Meanwhile, world electric car sales in November 2021 rose 72% yoy to 721,000 units. This broke a new sales record in a month.

As of November, world electric car sales were recorded at 5.5 million units and is estimated to reach 6.5 million units by the end of 2021. CNBC INDONESIA RESEARCH TEAM (ras/ras)

Beberapa pabrik peleburan nikel akan melakukan pemeliharaan pada bulan Januari. Hal ini diperkirakan akan membuat persediaan di pelabuhan sedikit pulih.

Persediaan nikel di gudang bursa logam London (LME) per 4 Januari 2021 tercatat 101.256 ton. Jumlah ini turun 59,17% point- to-point dari tahun 2021 sebesar 247.980 ton.

Pasokan yang jatuh dan persediaan yang rendah terjadi saat permintaan nikel sedang tumbuh dari pabrik baja tahan karat (stainless steel) dan baterai mobil listrik Permintaan nikel dunia datang dari pabrik baja anti karat (stainless steel) China yang tumbuh 15% pada tahun 2021. Permintaan ini tumbuh seiring dengan pemulihan ekonomi global.

Sementara itu, penjualan mobil listrik dunia pada November 2021 naik 72% yoy menjadi 721.000 unit. Ini memecahkan rekor baru penjualan dalam sebulan.

Hingga November, penjualan mobil listrik dunia tercatat 5,5 juta unit dan diperkirakan mencapai 6,5 juta unit di akhir tahun 2021.

TIM RISET CNBC INDONESIA (ras/ras)

Indonesia sets Jan HBA thermal coal price at $158.50/mt, down

$1.50/mt on month

Author: Suyash Pande; Anita Nugraha Editor: Kshitiz Goliya

I

NDONESIA's Ministry of Energy and Mineral Resources set its January thermal coal reference price -- also known as Harga Batubara Acuan, or HBA -- at $158.50/mt, down

$1.50/mt from December as China boosted its domestic production, according to a ministry spokesperson Jan. 6.

"The Chinese government is trying to increase coal production in order to meet domestic needs which has an impact on increasing domestic coal stocks," said Agung Pribadi said.

The HBA price was $160/mt in December 2021 and was at $75.84/mt in January 2021.

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The HBA is a monthly average price based 25% each on Platts Kalimantan 5,900 kcal/kg GAR assessments, Argus-Indonesia Coal Index 1 (6,500 kcal/kg GAR), Newcastle Export Index (6,322 kcal/kg GAR) and globalCOAL Newcastle (6,000 kcal/kg NAR).

In December, the daily Platts FOB Kalimantan 5,900 kcal/kg GAR coal assessment averaged

$129.10/mt, down 15.6% from $153.14/mt in November.

The HBA price for thermal coal is the basis for determining the prices of 77 Indonesian coal products and calculating the amount of royalty producers have to pay for each metric ton of coal sold.

It is based on 6,322 kcal/kg GAR coal with 8% total moisture content, 15% ash as received and 0.8% sulfur as received.

Gold price bounces higher ahead of Fed minutes

MINING.COM Staff Writer

T

HE GOLD edged higher on Wednesday, supported by declines in the dollar and worries over the fast-spreading omicron variant, though trading was range-bound as investors await the minutes of the US Federal Reserve’s latest policy meeting.

Spot gold rose 0.5% to $1,824.75 an ounce by 11:50 a.m. EDT, erasing its loss from earlier this week and returning to a five-week high. US gold futures also gained 0.5%, trading at

$1,823.80 an ounce in New York.

Meanwhile, the US dollar eased by 0.3%, making bullion an attractive bet for overseas buyers.

Benchmark 10-year Treasury yields were also slightly lower after rising to their highest level in more than a month.

Further boosting gold’s appeal was a subdued risk appetite in equity markets, with Wall Street’s main indexes opening lower, weighed by technology stocks.

“Supporting gold is the very high number of covid cases that feeds into the gold safe-haven appeal,” Ricardo Evangelista, senior analyst at ActivTrades, told Reuters.

“The factor offering gold some resistance is the strength of the dollar and the likelihood that the dollar could get even stronger because of the Fed’s tightening monetary policy,” he added.

Markets are awaiting the Fed’s minutes of its December 14-15 policy meeting, due 2 p.m. EDT, which could provide clues on the US central bank’s plan on rate hikes and tapering of its pandemic-era stimulus to subdue the surging inflation seen over the past six months.

“Price inflation that becomes problematic is bullish for hard assets like the raw commodities, including the precious metal. And with some of the inflation worries starting to resurface, that’s inviting some buying interest in the safe haven gold market,” said Jim Wyckoff, a senior analyst at Kitco Metals.

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Gold prices are firming despite the market pricing of a 70% probability for a Fed rate hike in March, as appetite for safe-havens grow amid soaring infections, rising rates and wobbly equity prices, TD Securities wrote in a note.

Earlier in the day, Goldman Sachs said in a note that cryptocurrency Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted. (With files from Reuters)

India spends record $55.7bn on gold imports in 2021 - govt source

By: Reuters

I

NDIA splurged a record $55.7-billion on gold imports in 2021, buying more than double the previous year's tonnage as a price drop favoured retail buyers and pent-up demand emerged for weddings that were delayed when the pandemic first hit.

The previously unreported details of the world's second biggest consuming nation's soaring imports were disclosed to Reuters by a senior government official who requested anonymity as he was not authorised to speak to media.

The 2021 gold import bill easily doubled the $22-billion spent in 2020, and surpassed the previous high, set in 2011, of $53.9-billion, according to the official, who tracks broad import trends.

In volume terms, India imported 1 050 tonnes of gold in 2021, the most in a decade, and far more than the 430 tonnes imported in 2020, the official said.

While global bullion prices drew support from the strong demand in India, the outlay on imports would have added to pressure on the country's ailing rupee.

"Last year demand was robust as lots of weddings were postponed to 2021 from 2020 because of the coronavirus outbreak," said Harshad Ajmera, a gold wholesaler in Kolkata.

Indian authorities imposed strict lockdowns during the first waves of the pandemic in 2020, hitting gold demand during the wedding season and key festivals such as Akshaya Tritiya, when buying gold is considered auspicious.

Gold is regarded as an essential part of the bride's dowry in India, and is also a popular wedding gift.

Ajmera noted a price correction had made gold more affordable for retail consumers in India early last year

Local gold prices hit a record high of 56 191 rupees ($754) per 10 grams in August 2020, but fell back to 43 320 rupees in March 2021, when monthly imports spiked to a record 177 tonnes.

In December India imported 86 tonnes of gold, slightly more than last year's 84 t, the government official said.

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Gold imports could moderate in January as rising coronavirus cases have prompting local authorities to impose restrictions, said a Mumbai-based bullion dealer.

"Jewellers are afraid of lockdown. They have scaled down purchases," the dealer said.

China's major coal-producing region sees rising output in 2021

I

NNER Mongolia Autonomous Region in north China is estimated to have produced more than 1.05 billion tonnes of coal in 2021, a rise from 1.006 billion tonnes in 2020, said the regional energy bureau.

Inner Mongolia ranked first in China in terms of its coal delivery volume to other provincial- level regions last year. As a major coal production area in China, the region plays a significant role in ensuring coal supplies in the country.

Entering the winter heating season and faced with increasing prices of energy resources in the international market, China has adopted a raft of measures to stabilize energy supply and expand coal production capacity.

The monthly coal output in Inner Mongolia during the last quarter of 2021 exceeded 100 million tonnes, a record high in the past three years, providing 53 million tonnes of coal for power generation in 18 provincial-level regions across the country.

India's coal production stands at 74.8 million tonnes for December

T

HE COUNTRY's total coal production rose 6.74% to 74.78 million tonnes (MT) in December as compared to the same period in 2019, the government on Wednesday said.

Out of the total production during December last year, Coal India Ltd (CIL) achieved a growth of 3.79% by producing 60.22 MT.

"India's total coal production increased by 6.74 per cent to 74.78 MT during December 2021 as compared to the same period in 2019," the Coal Ministry said in a statement.

Coal production in the financial year 2022 has been compared with FY20, as FY21 was considered an abnormal year due to restrictions imposed on commercial activities in the wake of COVID-19, it added.

Captive coal blocks registered a growth of 40.98% by producing 8.91 MT of coal during the period. At the same time, Singareni Collieries Company Ltd (SCCL) registered a negative growth of 1.12% by producing 5.65 MT of coal during December.

Coal dispatch increased 14.62% to 75.05 MT from 65.48 MT during December 2021 as compared to December 2019, the statement said.

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Out of the total production during this period, CIL achieved a growth of 12.70% by dispatching 60.67 MT of coal, SCCL achieved a growth of 2.01% by dispatching 5.70 MT of coal, and captive blocks registered a growth of 43.23% by dispatching 8.68 MT.

The power utilities' dispatch has grown 20.06% to 63.32 MT in December 2021 as compared with 52.74 MT in December 2019. There is a fall in the import price of coal since the end of October 2021. However, import prices are still at a high-level discouraging imports. Further, coal-based power demand has increased by 12.7% up to November 2021 against the same period in 2020.

Coal-based power generation has registered a growth of 11.84% in December 2021. The overall power generation in December 2021 has been 8.32% higher than the power generated in December 2019.

Coal-based power generation in December 2021 has been 85,579 million units (MU) in comparison with 75,620 MU in the previous month and registered a growth of 13.17%.

Out of the top-35 mines in coal production, 11 of them produced over 100% and another 12 mines production stood at more than 80% but less than 100%.

Indonesia’s coal export drama raises questions

By Rebecca Oi

T

HE COMMITMENT to transition towards sustainable energy comes afore as the new year opened with Indonesia banning coal exports due to insufficient supply for its power plants.

On January 1, the country enacted the ban as its coal miners failed to fulfill their Domestic Market Obligation (DMO) to provide state utility Perusahaan Listrik Negara (PLN) with 25%

of their annual production.

The country exports about three times the 130 million tons of coal annually to generate 60%

of its 73 GW electric capacity.

“Why is exporting prohibited for everyone? We can’t help it, and it’s just temporary. If the prohibition is not implemented, over 20 power plants with a combined capacity of 10,850 megawatts will be shut down,” said Ridwan Jamaluddin, director-general of minerals and coal at the Ministry of Energy and Mineral Resources, in a statement.

Indonesia raised its coal output target

Last year, Indonesia raised its coal output target by 14% to 625 million tons to capitalize on high coal prices. Likewise, the coal miners have a preference to sell abroad as the prices hit almost US$170 per ton as of January.

That’s more than double the US$70 per ton fixed coal price the government placed under the DMO since 2018. At 600-rupiah (US$0.042) per kWh in 2020, coal power is the cheapest option, followed by geothermal at 1,100-rupiah (US$0.077) per kWh and gas at 1,600-rupiah (US$0.11) kWh.

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