IMA-Daily Update No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
INCO, Antam and ZINC Confident Can Achieve Target This Year
INCO, Antam dan ZINC Yakin Bisa Mencapai Target Tahun Ini BRMS Starts Production of 100 Thousand Tons of Gold Ore This Year
BRMS Mulai Produksi 100 Ribu Ton Bijih Emas Tahun Ini Vale Proposes US$ 400 Million
Vale Ajukan US$400 Juta untuk 20% Saham Divestasi The construction progress of the Freeport and Amman Mineral smelters goes according to plan
Progres pembangunan smelter Freeport dam Amman Mineral berjalan sesuai rencana
PT Timah (TINS) plans to reduce tin exports until the end of 2019
PT Timah (TINS) berencana kurangi ekspor timah hingga akhir 2019
Flood Coal Mine, India Potential to Add Imports
Tambang Batubara Banjir, India Berpotensi Tambah Impor Bumi Resources (BUMI) targets sales to increase 10% in 2019
Bumi Resources (BUMI) targetkan penjualan meningkat 10% ditahun 2019
Build Smelter, Freeport Disburses USD 151 Million until July 2019
Bangun Smelter, Freeport Kucurkan USD 151 Juta hingga Juli 2019
Selling Gold "Trial Production", Renuka Records Revenue Jual Emas "Trial Production", Renuka Bukukan Pendapatan Director of Indef Assesses as a Step Forward
on Nickel Exports
Direktur Indef Nilai Merupakan Langkah Maju Ekspor Nikel
TABLE OF CONTENTS
Title Media Source
ZINC Confident Can Achieve Target This INCO, Antam dan ZINC Yakin Bisa Mencapai Target Tahun Ini BRMS Starts Production of 100 Thousand Tons of Gold Ore BRMS Mulai Produksi 100 Ribu Ton Bijih Emas Tahun Ini Vale Proposes US$ 400 Million for 20% Divestment Shares Vale Ajukan US$400 Juta untuk 20% Saham Divestasi
The construction progress of the Freeport and Amman Mineral smelters goes according to plan
Progres pembangunan smelter Freeport dam Amman Mineral berjalan sesuai rencana
Timah (TINS) plans to reduce tin exports until the end PT Timah (TINS) berencana kurangi ekspor timah hingga
Flood Coal Mine, India Potential to Add Imports
ara Banjir, India Berpotensi Tambah Impor argets sales to increase 10% in Bumi Resources (BUMI) targetkan penjualan meningkat 10%
Build Smelter, Freeport Disburses USD 151 Million until Bangun Smelter, Freeport Kucurkan USD 151 Juta hingga Juli
"Trial Production", Renuka Records Revenue Jual Emas "Trial Production", Renuka Bukukan Pendapatan Director of Indef Assesses as a Step Forward - Moratorium Direktur Indef Nilai Merupakan Langkah Maju - Moratorium
Kontan CNBC Indonesia Dunia Energi Kontan Kontan Bisnis Kontan Liputan6 Investor Daily Neraca Page 1
Media Source Page Kontan CNBC Indonesia Dunia Energi Kontan Kontan Bisnis Kontan Liputan6 Investor Daily Neraca 3 5 6 7 10 11 13 14 15 18
IMA-Daily Update 11. 12. 13. 14. 15. 16. 17. 18. 19. 20.
Anticipating KKSB Entry, Security in the Freeport Area Tightened
Antisipasi Masuknya KKSB, Pengamanan di Area Freeport Diperketat
Realization of Mine Reclamation Still Not Significant Realisasi Reklamasi Tambang Masih Belum Signifikan The October issue of Mining Global is live!
Indonesia adds value to mining industry, invests in downstream processing facilities
Anxiety grips nickel market as inventories fall by record again
Coal remains main source of energy in Southeast Asia Japan's copper output seen rising 2.5% in second half of financial year 2019/20
Indigenous miner becomes third US
Codelco agrees copper premium at $98/T for Europe, flat from 2019
India seaborne thermal coal demand up after major mine flooded: sources
ting KKSB Entry, Security in the Freeport Area Antisipasi Masuknya KKSB, Pengamanan di Area Freeport
Realization of Mine Reclamation Still Not Significant Realisasi Reklamasi Tambang Masih Belum Signifikan The October issue of Mining Global is live!
Indonesia adds value to mining industry, invests in downstream processing facilities
Anxiety grips nickel market as inventories fall by record
Coal remains main source of energy in Southeast Asia 's copper output seen rising 2.5% in second half of
Indigenous miner becomes third-largest coal producer in the
Codelco agrees copper premium at $98/T for Europe, flat
India seaborne thermal coal demand up after major domestic
Akurat News Bisnis Mining Global Global Mining Review Mining Weekly Vietnam Plus Reuters Mining.com Kitco News
S&P Global Platts
Page 2 Akurat News Bisnis Mining Global Global Mining Review Mining Weekly Vietnam Plus Reuters Mining.com Kitco News
S&P Global Platts
20 21 22 23 24 24 25 26 27 28
IMA-Daily Update
INCO, Antam and ZINC Confident
Can Achieve Target This Year
A
NUMBER of metal and mineral producers are still optimistic that they can record production and sales as targeted this year.Management of PT Vale Indonesia Tbk (INCO), for example, is confident that it will reach its production target until it closes this year.
PT Vale Indonesia Tbk's Senior Manager Communications, Bayu Aji, said that up to the first half of this year, they rec
production of 30,711 tons of nickel in matte.
This year, INCO is aiming at production of 71,000 tons.
They are optimistic that they can achieve the production target because they have completed the Larona Canal Lining project in the first quarter of 2019.
Equivalent of three money, PT Aneka Tambang Tbk (ANTM) also believes it can achieve production on target.
Based on KONTAN records, until June this year, ANTM recorded nickel ore production volume of 4.79 million wet metric tons (wmt), or an increas
year-on-year (yoy).
While the sales volume of nickel ore was 3.90 million wmt, growing by 103% compared to the sales volume of the same period last year of 1.92 million wmt.
The achievement of bauxite production reached 597,000 wmt, up 43% (yoy). Furthermore, bauxite sales volume reached 611,000 wmt, or up 138%.
INCO, Antam and ZINC Confident
Can Achieve Target This Year
of metal and mineral producers are still optimistic that they can record production and sales as targeted Management of PT Vale Indonesia Tbk (INCO), for example, is confident that it will reach its production target until it closes PT Vale Indonesia Tbk's Senior Manager Communications, Bayu Aji, said that up to the first half of this year, they recorded a production of 30,711 tons of nickel in This year, INCO is aiming at production of They are optimistic that they can achieve the production target because they have completed the Larona Canal Lining project Equivalent of three money, PT Aneka Tambang Tbk (ANTM) also believes it can Based on KONTAN records, until June this year, ANTM recorded nickel ore production volume of 4.79 million wet metric tons (wmt), or an increase of 27% While the sales volume of nickel ore was 3.90 million wmt, growing by 103% compared to the sales volume of the same period last year of 1.92 million wmt.
The achievement of bauxite production reached 597,000 wmt, up 43% (yoy). Furthermore, bauxite sales volume
up 138%.
INCO, Antam dan ZINC Yakin
Bisa Mencapai Target Tahun Ini
S
EJUMLAH produsen logam dan mineral masih optimistis mampu membukukan produksi dan penjualan sesuai target pada tahun ini.Manajemen PT Vale Indonesia Tbk (INCO), misalnya, percaya diri bakal mencapai target produksi hingga tutup tahun ini.
Senior Manager Communications
Indonesia Tbk, Bayu Aji, menyebutkan hingga semester pertama tahun ini, mereka mencatatkan produksi
nikel dalam matte.
Tahun ini, INCO membidik produksi sebesar 71.000 ton.
Mereka optimistis bisa mencapai target produksi tersebut lantaran telah menye lesaikan proyek Larona Canal Lining pada kuartal I-2019.
Setali tiga uang, PT Aneka Tamban
(ANTM) juga meyakini bisa mencapai produksi sesuai target.
Berdasarkan catatan KONTAN, hingga Juni tahun ini, ANTM mencatatkan volume produksi bijih nikel sebesar 4,79 juta wet metric ton (wmt), atau naik
year-on-year (yoy).
Sedangkan volume penjualan bijih nikel tercatat sebesar 3,90 juta wmt, tumbuh sebesar 103% ketimbang realisasi volume penjualan periode yang sama tahun lalu sebesar 1,92 juta wmt.
Adapun pencapaian produksi bauksit mencapai 597.000 wmt, naik 43% (yoy). Selanjutnya, volume penjualan bauksit mencapai 611.000 wmt atau naik 138%.
Page 3
INCO, Antam dan ZINC Yakin
Bisa Mencapai Target Tahun Ini
produsen logam dan mineral masih optimistis mampu membukukan produksi dan penjualan sesuai target pada Manajemen PT Vale Indonesia Tbk (INCO), misalnya, percaya diri bakal mencapai target produksi hingga tutup tahun ini.
Senior Manager Communications PT Vale Indonesia Tbk, Bayu Aji, menyebutkan hingga semester pertama tahun ini, mereka mencatatkan produksi 30.711 ton INCO membidik produksi Mereka optimistis bisa mencapai target produksi tersebut lantaran telah menye-lesaikan proyek Larona Canal Lining pada Setali tiga uang, PT Aneka Tambang Tbk ) juga meyakini bisa mencapai produksi sesuai target.
Berdasarkan catatan KONTAN, hingga Juni tahun ini, ANTM mencatatkan volume produksi bijih nikel sebesar 4,79 juta wet metric ton (wmt), atau naik sebesar 27% Sedangkan volume penjualan bijih nikel tercatat sebesar 3,90 juta wmt, tumbuh sebesar 103% ketimbang realisasi volume penjualan periode yang sama tahun lalu sebesar 1,92 juta wmt.
Adapun pencapaian produksi bauksit ai 597.000 wmt, naik 43% (yoy). Selanjutnya, volume penjualan bauksit mencapai 611.000 wmt atau naik 138%.
IMA-Daily Update
Gold grows 14%
While the gold commodity, during January to June 2019, the total volume of gold production from the Pongkor and Cibaliung mines reached 979 kg or 31,476 ounces troi, with sales of 15,741 kg 506,084 ounces troi or growing 14%.
Finally, ferronickel production volume reached 13,017 tons of nickel in ferronickel (TNi), up 2% compared to the realization of the 2018 period of 12,811 TNi. Ferronickel sales also rose 5% to 13,157 TNi.
However, ANTM Managing Director Arie Prabowo Ariotedjo has not been able to deliver production and sales until the third quarter of 2019. "For production data, wait for the information," he said.
PT Kapuas Prima Coal Tbk (ZINC) also hopes to penetrate production targets throughout 2019.
Finance Director of PT Kapuas Prima Coal Tbk, Hendra William said, the ore production volume up to August this year reached 260,975.46 tons, an increase of about 30% from the same period last year. During 2019, they set a target of producing 450,000 tons of ore.
With production growing, Hendra predicts total revenues until the third quarter of 2019 to range from Rp 660 billion to Rp 700 billion. Reporter: Ika Puspitasari, Editor: Tedy Gumilar
While the gold commodity, during January to June 2019, the total volume of gold production from the Pongkor and Cibaliung mines reached 979 kg or 31,476 ounces troi, with sales of 15,741 kg 506,084 ounces troi or growing 14%. Finally, ferronickel production volume reached 13,017 tons of nickel in ferronickel (TNi), up 2% compared to the od of 12,811 TNi. Ferronickel sales also rose 5% to
However, ANTM Managing Director Arie Prabowo Ariotedjo has not been able to deliver production and sales until the third quarter of 2019. "For production data, wait
PT Kapuas Prima Coal Tbk (ZINC) also hopes to penetrate production targets
Finance Director of PT Kapuas Prima Coal Tbk, Hendra William said, the ore production volume up to August this year reached 260,975.46 tons, an increase of out 30% from the same period last year. During 2019, they set a target of producing
With production growing, Hendra predicts total revenues until the third quarter of 2019 to range from Rp 660 billion to Rp
uspitasari, Editor:
Emas tumbuh 14%
Sedangkan komoditas emas, sepanjang Januari hingga Juni 2019, total volume produksi emas dari tambang Pongkor dan Cibaliung mencapai 979 kg atau 31.476 ons troi, dengan penjualan 15.741 kg 506.084 ons troi atau tumbuh 14%.
Terakhir, volume produksi feronikel mencapai 13.017 ton nikel dalam feronikel (TNi), naik 2% dibandingkan realisasi periode 2018 sebesar 12.811 TNi. Penjualan feronikel juga naik 5% menjadi 13.157 TNi.
Namun Direktur Utama ANTM Arie Prabowo Ariotedjo belum dapat menyampaikan produksi dan penjualan hingga kuartal III-2019. "Untuk data produksi, tunggu informasinya," sebut dia. PT Kapuas Prima Coal Tbk (
berharap bisa menembus target sepanjang 2019.
Direktur Keuangan PT Kapuas Prima Coal Tbk, Hendra William mengemukakan, volume produksi ore sampai Agustus tahun ini mencapai 260.975,46 ton atau meningkat sekitar 30% dari periode yang sama tahun lalu.
Sepanjang 2019, mereka me produksi ore sebesar 450.000 ton.
Dengan produksi yang bertumbuh, Hendra memprediksi total pendapatan hingga kuartal III-2019 berkisar Rp 660 miliar hingga Rp 700 miliar.
Puspitasari, Editor: Tedy Gumilar
Page 4
Sedangkan komoditas emas, sepanjang Januari hingga Juni 2019, total volume produksi emas dari tambang Pongkor dan Cibaliung mencapai 979 kg atau 31.476 ons troi, dengan penjualan 15.741 kg
atau tumbuh 14%.
Terakhir, volume produksi feronikel mencapai 13.017 ton nikel dalam feronikel (TNi), naik 2% dibandingkan realisasi periode 2018 sebesar 12.811 TNi. Penjualan feronikel juga naik 5% menjadi
Direktur Utama ANTM Arie bowo Ariotedjo belum dapat menyampaikan produksi dan penjualan 2019. "Untuk data produksi, tunggu informasinya," sebut dia. PT Kapuas Prima Coal Tbk (ZINC) juga berharap bisa menembus target produksi
Direktur Keuangan PT Kapuas Prima Coal Tbk, Hendra William mengemukakan, volume produksi ore sampai Agustus tahun ini mencapai 260.975,46 ton atau meningkat sekitar 30% dari periode yang
Sepanjang 2019, mereka memasang target produksi ore sebesar 450.000 ton.
Dengan produksi yang bertumbuh, Hendra memprediksi total pendapatan hingga 2019 berkisar Rp 660 miliar hingga Rp 700 miliar. R e p o r t e r : I k a Puspitasari, Editor: Tedy Gumilar
IMA-Daily Update
BRMS Starts Production of 100
Thousand Tons Gold Ore This Year
Gustidha Budiartie, CNBC Indonesia
P
T BUMI Resources Minerals Tbk (BRMS) will begin trial production at its gold mine in the fourth quarter of this year. For the first stage, the BRMS gold mine can produce up to 180,000 tons of gold ore. "We believe that the gold production trial from the Citra Palu mine will start in the first quarter of 2020, but it can be faster. Production is expected to reach 100 thousand - 180 thousand tons," BUMI Director Dileep Srivastava said in his written message on Friday (4/10) 2019). If mining activities are smooth, g production from the mine in Palu could increase to 600 thousand tons of ore in the next few years. Project progress has now reached 80%, and piles of ore can already be seen in the mine. As known. BUMI owns 36% of shares in BRMS.In addition to gold production in Palu, BRMS is also awaiting tin production from the Dairi mine which is projected to start operating in two years.
Director and Investor Relations of BRMS Herwin Hidayat added that the target of the mine will be operational in the fourth quarter of this year and the trial production at the Poboya mine is expected to begin later this year.
"The first year is 100,000 tons, the second year is expected to be 180 thousand tons of ore. This gold mining project in Palu has been granted construction and production permits from the government until 2050."
(gus/gus)
BRMS Starts Production of 100
Thousand Tons Gold Ore This Year
Gustidha Budiartie, CNBC Indonesia Resources Minerals Tbk (BRMS) will begin trial production at its gold mine in the fourth quarter of this year. For the first stage, the BRMS gold mine can produce up to 180,000 tons of gold ore. "We believe that the gold production trial
lu mine will start in the first quarter of 2020, but it can be faster. Production is expected to reach 100 180 thousand tons," BUMI Director Dileep Srivastava said in his written message on Friday (4/10) 2019). If mining activities are smooth, gold production from the mine in Palu could increase to 600 thousand tons of ore in the next few years. Project progress has now reached 80%, and piles of ore can already be seen in the mine. As known. BUMI owns oduction in Palu, BRMS is also awaiting tin production from the Dairi mine which is projected to start Director and Investor Relations of BRMS Herwin Hidayat added that the target of the mine will be operational in the fourth r of this year and the trial production at the Poboya mine is expected "The first year is 100,000 tons, the second year is expected to be 180 thousand tons of ore. This gold mining project in Palu has been granted construction and production permits from the government until 2050."
BRMS Mulai Produksi 100 Ribu
Ton Bijih Emas Tahun Ini
Gustidha Budiartie, CNBC IndonesiaP
T BUMI Resources Minerals Tbk (BRMS) bakal memulai uji coba produksi di tambang emasnya di kuartal IV tahun ini. Untuk tahap pertama, tambang emas milik BRMS bisa memproduksi hingga 180.000 ton ore emas."Kami yakin uji coba produksi emas dari tambang Citra Palu bisa mulai di kuartal I 2020, tapi bisa lebih cepat. Produksi diperkirakan bisa mencapai 100 ribu ribu ton," ujar Direktur BUMI Dileep Srivastava dalam pesan tertulisnya, Jumat (4/10/2019).
Jika kegiatan penambangan
produksi emas dari tambang di Palu ini bisa naik sampai 600 ribu ton ore dalam beberapa tahun mendatang. Progres proyek saat ini sudah mencapai 80%, dan tumpukan ore pun sudah bisa terlihat di tambang. Seperti diketahu
36% saham di BRMS.
Selain produksi emas di Palu, BRMS tengah menanti produksi timah dari tambang Dairi yang diproyeksi
beroperasi dua tahun lagi.
Direktur dan Investor Relations BRMS Herwin Hidayat menambahkan, target tambang beroperasi ada di kuartal 4 tahun ini dan uji coba produksi di tambang Poboya diharapkan bisa mulai di akhir tahun ini.
"Tahun pertama 100 ribu ton, tahun kedua diharapkan 180 ribu ton bijih. Proyek tambang emas di Palu ini telah dapat izin konstruksi dan produksi dari pemerintah sampai 2050." (gus/gus)
Page 5
BRMS Mulai Produksi 100 Ribu
Bijih Emas Tahun Ini
Gustidha Budiartie, CNBC IndonesiaResources Minerals Tbk (BRMS) bakal memulai uji coba produksi di tambang emasnya di kuartal IV tahun ini. Untuk tahap pertama, tambang emas milik BRMS bisa memproduksi hingga 180.000 "Kami yakin uji coba produksi emas dari tambang Citra Palu bisa mulai di kuartal I 2020, tapi bisa lebih cepat. Produksi diperkirakan bisa mencapai 100 ribu - 180 ribu ton," ujar Direktur BUMI Dileep Srivastava dalam pesan tertulisnya, Jumat Jika kegiatan penambangan mulus, produksi emas dari tambang di Palu ini bisa naik sampai 600 ribu ton ore dalam beberapa tahun mendatang. Progres proyek saat ini sudah mencapai 80%, dan tumpukan ore pun sudah bisa terlihat di tambang. Seperti diketahui. BUMI memiliki Selain produksi emas di Palu, BRMS juga oduksi timah dari tambang Dairi yang diproyeksi mulai beroperasi dua tahun lagi.
Direktur dan Investor Relations BRMS Herwin Hidayat menambahkan, target eroperasi ada di kuartal 4 tahun ini dan uji coba produksi di tambang Poboya diharapkan bisa mulai di akhir "Tahun pertama 100 ribu ton, tahun kedua diharapkan 180 ribu ton bijih. Proyek tambang emas di Palu ini telah dapat izin produksi dari pemerintah
IMA-Daily Update
Vale Proposes US$400 Million
for 20% Divestment Shares
Rio Indrawan
P
T VALE Indonesia Tbk (INCO) submitted the calculation of the valuation of 20% of shares to be divested to the Ministry of Energy and Mineral Resources (ESDM). Based on information received by Dunia Energi, the valuation value reaches US$ 400 million. The results of these calculations use Discounted Cash Flow (DCF) for economic benefits during the period from the time of the divestment to the end of the validity period of the mine operation.Febriany Eddy, Deputy CEO of Vale Indonesia, acknowledged that all information rela the divestment of Vale shares had been conveyed to the government. "We have given it to ESDM," Febriany said to Dunia Energi, Friday (4/10).
Fahmy Radhi, Energy Economics Observer at Gadjah Mada University, revealed that Vale divestment is an obliga
subject to Government Regulation 7/2014 no later than October 2019.
One variable that determines stock prices is net income. In the first semester of 2019, PT Vale Indonesia suffered a loss of US$ 26.18 million, a drastic decrease compared to same period in 2018 that managed to score a net profit of US$ 29.38 million.
"In a loss, the price of 20% of US$ 400 million is over value," said Fahmy.
Fajar Harry Sampurno, Deputy for the Mining, Strategic and Media Industries of the Ministry of State-Owned Enterprises (BUMN) when confirmed admitted that he had not yet received an official report related to the valuation value of Vale shares. He only ensured that...
Vale Proposes US$400 Million
for 20% Divestment Shares
Indonesia Tbk (INCO) has submitted the calculation of the valuation of 20% of shares to be divested to the Ministry of Energy and Mineral Resources (ESDM). Based on information received by Dunia Energi, the valuation value reaches US$ 400 calculations use Discounted Cash Flow (DCF) for economic benefits during the period from the time of the divestment to the end of the validity Febriany Eddy, Deputy CEO of Vale Indonesia, acknowledged that all information related to the divestment of Vale shares had been conveyed to the government. "We have given it to ESDM," Febriany said to Dunia Energi, Fahmy Radhi, Energy Economics Observer at Gadjah Mada University, revealed that Vale divestment is an obligation that is subject to Government Regulation 7/2014 One variable that determines stock prices is net income. In the first semester of 2019, PT Vale Indonesia suffered a loss of US$ 26.18 million, a drastic decrease compared to the same period in 2018 that managed to score a net profit of US$ 29.38 million.
"In a loss, the price of 20% of US$ 400 million is over value," said Fahmy.
Fajar Harry Sampurno, Deputy for the Mining, Strategic and Media Industries of Owned Enterprises (BUMN) when confirmed admitted that he had not yet received an official report related to the valuation value of Vale shares.
Vale Ajukan US$400 Juta untuk
20% Saham Divestasi
Rio Indrawan
P
T VALE Indonesia Tbk (INCO) telah menye rahkan hasil perhitungan valuasi 20% saham yang akan didivestasi kepada Kementerian Energi dan Sumber Daya Mineral (ESDM). Berdasarkan informasi yang diterima Dunia Energi nilai valuasi mencapai US$400 juta. Hasil perhitungan tersebut menggunakan Discounted Cash Flow (DCF) atas manfaat ekonomis selama periode dari waktu pelak sanaan divestasi hingga akhir masa berlaku nya operasi tambang.Febriany Eddy, Deputi CEO Vale Indonesia mengakui bahwa semua informasi terkait divestasi saham Vale sudah sudah disampai kan kepada pemerintah. “Sudah kami berikan ke ESDM,” kata Febriany kepada Dunia Energi, Jumat (4/10).
Fahmy Radhi, Pengamat Ekonomi Energi Universitas Gadjah Mada, mengungkapkan bahwa divestasi Vale merupakan kewajiban yang tertang Peraturan Pemerintah 7/2014 paling lambat Oktober 2019.
Salah satu variabel yang menentukan harga saham adalah laba bersih. Pada semester I 2019 PT Vale Indonesia mengalami kerugian US$ 26,18 juta menurun drastis dibanding periode yang sama 20
mencetak laba bersih US$29,38 juta.
“Dalam keadaan rugi tersebut, harga 20% saham sebesar US$400 juta, termasuk
value alias kemahalan,” ujar Fahmy.
Fajar Harry Sampurno, Deputi Bidang Pertambangan, Industri Strategi dan Media Kementerian Badan Usaha Milik Negara (BUMN) saat dikonfirmasi mengakui belum mendapatkan laporan resmi terkait nilai valuasi saham Vale. Ia hanya memastikan bahwa...
Page 6
Vale Ajukan US$400 Juta untuk
20% Saham Divestasi
Rio Indrawan
Indonesia Tbk (INCO) telah menye-rahkan hasil perhitungan valuasi 20% saham yang akan didivestasi kepada Kementerian Energi dan Sumber Daya Mineral (ESDM). Berdasarkan informasi yang diterima Dunia Energi nilai valuasi mencapai US$400 juta. gan tersebut menggunakan Discounted Cash Flow (DCF) atas manfaat ekonomis selama periode dari waktu pelak-sanaan divestasi hingga akhir masa berlaku-Febriany Eddy, Deputi CEO Vale Indonesia mengakui bahwa semua informasi terkait asi saham Vale sudah sudah disampai-kan kepada pemerintah. “Sudah kami beridisampai-kan ke ESDM,” kata Febriany kepada Dunia Energi, Fahmy Radhi, Pengamat Ekonomi Energi Universitas Gadjah Mada, mengungkapkan bahwa divestasi Vale merupakan kewajiban ang tertang Peraturan Pemerintah 7/2014 paling lambat Oktober 2019.
Salah satu variabel yang menentukan harga saham adalah laba bersih. Pada semester I 2019 PT Vale Indonesia mengalami kerugian US$ 26,18 juta menurun drastis dibanding periode yang sama 2018 yang berhasil mencetak laba bersih US$29,38 juta.
“Dalam keadaan rugi tersebut, harga 20% saham sebesar US$400 juta, termasuk over
alias kemahalan,” ujar Fahmy.
Fajar Harry Sampurno, Deputi Bidang Pertambangan, Industri Strategi dan Media ian Badan Usaha Milik Negara (BUMN) saat dikonfirmasi mengakui belum mendapatkan laporan resmi terkait nilai Ia hanya memastikan
IMA-Daily Update
He only ensured that the valuation and divestment process of Vale shares to be divested did not need to wait for a new cabinet or government. "Do not know yet, maybe at the Ministry of ESDM. No (change in divestment time)," Fajar said.
Yunus Saefulhak, Director of
Business Development at the Ministry of ESDM was still reluctant to comment when asked for confirmation regarding the valuation value of Vale's divestment shares. The divestment-related agreement refers to Government Regulation Number 77 of 2014 as the third amendment to Gov
Number 23 of 2010. The regulation stipulates that divestment must be made no later than October 14, 2019 or five years after the issuance of PP 77. The amount of divestment in PP 77 is divided into three categories. refer to mining activities.
Vale falls into the second category, namely mining and refining processing activities. That is, the investment obligation is only 40%. In the amendment to the Contract of Work (CoW) it was agreed that Vale was only required to release 20% of shares. This is because 20% of Vale's shares are publicly owned and listed on the Indonesia Stock Exchange and have been recognized as divestment shares. (RI)
The construction progress of the
Freeport and Amman Mineral
smelters goes according to plan
T
HE CONSTRUCTION progress of the PT Freeport Indonesia (PTFI) and PT Amman Mineral Nusa Tenggara (AMNT) smelters went according to plan.He only ensured that the valuation and divestment process of Vale shares to be ed to wait for a new cabinet or government. "Do not know yet, maybe at the Ministry of ESDM. No (change in divestment time)," Fajar said.
Yunus Saefulhak, Director of Mineral Business Development at the Ministry of ESDM was still reluctant to comment when asked for confirmation regarding the valuation value of Vale's divestment shares. related agreement refers to Government Regulation Number 77 of 2014 as the third amendment to Gov't Regulation Number 23 of 2010. The regulation t divestment must be made no later than October 14, 2019 or five years after the issuance of PP 77. The amount of divestment in PP 77 is divided into three categories. refer to mining activities.
Vale falls into the second category, namely mining and refining processing activities. That is, the investment obligation is only 40%. In the amendment to the Contract of Work (CoW) it was agreed that Vale was only required to release 20% of shares. s because 20% of Vale's shares are publicly owned and listed on the Indonesia Stock Exchange and have been recognized
Ia hanya memastikan bahwa proses valuasi dan divestasi saham Vale yang akan didivestasi tidak perlu menunggu
atau pemerintahan baru. “Belum tahu, mungkin di Kementerian ESDM. Tidak (perubahan waktu divestasi),” kata Fajar. Yunus Saefulhak, Direktur Pembinaan Usaha Mineral Kementerian ESDM masih enggan berkomentar saat diminta konfirmasi terkait nilai valu
divestasi Vale.
Kesepakatan terkait divestasi merujuk pada Peraturan Pemerintah Nomor 77 Tahun 2014 sebagai perubahan ketiga PP Nomor 23 Tahun 2010. Beleid tersebut menetapkan divestasi harus dilakukan paling lambat 14 Oktober 2019 atau lima tahun setelah terbitnya PP 77. Adapun besaran divestasi dalam PP 77 terbagi dalam tiga kategori yang merujuk pada kegiatan pertambangan.
Vale termasuk dalam kategori kedua, yakni kegiatan pertambangan dan pengolahan pemurnian. Artinya, kewajiban divestasi nya hanya 40%. Pada amandemen Kontrak Karya (KK) disepakati Vale hanya wajib melepas 20% saham. Pasalnya, 20% saham Vale sudah miliki publik dan tercatat di Bursa Efek Indonesia dan telah diakui sebagai saham divestasi.
construction progress of the
Freeport and Amman Mineral
goes according to plan
progress of the PT Freeport Indonesia (PTFI) and PT Amman Mineral Nusa Tenggara (AMNT) smelters
Progres pembangunan smelter
Freeport dam Amman Mineral
berjalan sesuai rencana
P
ROGRES pembangunan pabrik pemur nian dan pengolahan (smelter)Indonesia (PTFI) dan PT Amman Mineral Nusa Tenggara (AMNT) berjalan sesuai rencana.
Page 7
Ia hanya memastikan bahwa proses valuasi dan divestasi saham Vale yang akan didivestasi tidak perlu menunggu kabinet atau pemerintahan baru. “Belum tahu, mungkin di Kementerian ESDM. Tidak (perubahan waktu divestasi),” kata Fajar. Yunus Saefulhak, Direktur Pembinaan Usaha Mineral Kementerian ESDM masih enggan berkomentar saat diminta konfirmasi terkait nilai valuasi saham Kesepakatan terkait divestasi merujuk pada Peraturan Pemerintah Nomor 77 Tahun 2014 sebagai perubahan ketiga PP Nomor 23 Tahun 2010. Beleid tersebut menetapkan divestasi harus dilakukan paling lambat 14 Oktober 2019 atau lima n setelah terbitnya PP 77. Adapun besaran divestasi dalam PP 77 terbagi dalam tiga kategori yang merujuk pada kegiatan pertambangan.
Vale termasuk dalam kategori kedua, yakni kegiatan pertambangan dan pengolahan pemurnian. Artinya, kewajiban
divestasi-hanya 40%. Pada amandemen Kontrak Karya (KK) disepakati Vale hanya wajib melepas 20% saham. Pasalnya, 20% saham Vale sudah miliki publik dan tercatat di Bursa Efek Indonesia dan telah diakui sebagai saham divestasi. (RI)
Progres pembangunan smelter
Freeport dam Amman Mineral
berjalan sesuai rencana
pembangunan pabrik
pemur-(smelter) PT Freeport Indonesia (PTFI) dan PT Amman Mineral Nusa Tenggara (AMNT) berjalan sesuai
IMA-Daily Update
The achievements of the copper concentrate processing smelter from the two companies even exceeded the six-month evaluation target held in July 2019.
ESDM Ministry's Director of Mineral Development and Business Yunus Saefulhak revealed, the progress of the PTF
construction has now reached 3.21%. Yunus said the achievement was higher than the six-month plan which was targeted to reach 2.76%.
"It means that the physical progress achieved is higher or 116%. That is the result of the latest verification ca
by the surveyor," Yunus told Kontan.co.id, Sunday (6/10).
In fact, the progress of the PTFI smelter in the February 2019 evaluation reached 3.86%. However, because there were additional investments from US$ 2.59 billion to US$ 2.8 billion, and th
change in technology from Mitsubishi to Outotex, the calculation of the smelter construction progress was adjusted.
"So the current progress has been adjusted to these changes," Yunus said.
Meanwhile, related to the absorption of capital expenditure, Yunus said that the copper smelter, which is located in the Java Integrated Industrial and Port Estate (JIIPE), Gresik, East Java, had already cost US$ 151.7 million. "At present the workmanship that is being carried out is still land maturation," Yunus said.
Earlier, Freeport Indonesia's Managing Director Tony Wenas said that the rogres for the construction of a smelter with a capacity of 2 million tons of copper concentrate was still in the land preparation phase which included land compaction. Tony is optimistic, the construction phase can begin in early 2020, and the smelter can be completed on target. Ie at the end of 2022 or...
achievements of the copper concentrate processing smelter from the two companies month evaluation ESDM Ministry's Director of Mineral Development and Business Yunus Saefulhak revealed, the progress of the PTFI smelter construction has now reached 3.21%. Yunus said the achievement was higher than the month plan which was targeted to reach "It means that the physical progress achieved is higher or 116%. That is the result of the latest verification carried out by the surveyor," Yunus told Kontan.co.id, In fact, the progress of the PTFI smelter in the February 2019 evaluation reached 3.86%. However, because there were additional investments from US$ 2.59 billion to US$ 2.8 billion, and there was a change in technology from Mitsubishi to Outotex, the calculation of the smelter construction progress was adjusted.
"So the current progress has been adjusted Meanwhile, related to the absorption of ure, Yunus said that the copper smelter, which is located in the Java Integrated Industrial and Port Estate (JIIPE), Gresik, East Java, had already cost US$ 151.7 million. "At present the workmanship that is being carried out is
us said.
Earlier, Freeport Indonesia's Managing Director Tony Wenas said that the rogres for the construction of a smelter with a capacity of 2 million tons of copper concentrate was still in the land preparation phase which included land compaction.
is optimistic, the construction phase can begin in early 2020, and the smelter can Ie at the end of
Capaian pengerjaan
konsentrat tembaga dari kedua perusahaan tersebut bahkan melebihi target evaluasi enam bulanan yang digelar Juli 2019.
Direktur Pembinaan dan Pengusahaan Mineral Kementerian ESDM Yunus Saefulhak mengungkapkan, pr ogres
smelter PTFI kini mencapa
bilang, capaian tersebut lebih tinggi dari rencana enam bulanan yang ditarget men capai 2,76%.
"Artinya, kemajuan fisik yang dicapai lebih tinggi atau 116%. Itu merupakan hasil verifi kasi terkini yang dilakukan oleh
kata Yunus kepada Kontan.co.id, Minggu (6/10).
Sebenarnya, progres
evaluasi Februari 2019 lalu sudah mencapai 3,86%. Namun, lantaran ada penambahan investasi dari US$ 2,59 miliar menjadi US$ 2,8 miliar, serta ada perubahan teknologi dari Mitsubishi menjadi Outotex, maka peng hitungan terhadap progres pembangunan
smelter pun disesuaikan.
"Jadi progres yang sekarang itu sudah ada penyesuaian dengan perubahan tersebut," ujar Yunus.
Sementara itu, terkait dengan penyerapan belanja modal, Yunus mengatakan
pengerjaan smelter tembaga yang berlokasi di Java Integrated Industrial and Port Estate (JIIPE), Gresik, Jawa Timur itu sudah meng habiskan biaya sebesar US$ 151,7 juta. "Saat ini tahapan pengerjaan yang dilakukan masih pematangan lahan," ujar Yunus
Sebelumnya, Direktur Utama Freeport Indonesia Tony Wenas mengatakan bahwa rogres pembangunan smelter
juta ton konsentrat tembaga itu masih dalam fase persiapan lahan yang antara lain mencakup pemadatan tanah.
Tony optimistis, fase konstruk pada awal 2020, dan smelter
sesuai target. Yakni pada akhir tahun 2022 atau...
Page 8
Capaian pengerjaan smelter pengolah konsentrat tembaga dari kedua perusahaan tersebut bahkan melebihi target evaluasi enam bulanan yang digelar Juli 2019.
Direktur Pembinaan dan Pengusahaan Mineral Kementerian ESDM Yunus Saefulhak mengungkapkan, pr ogres pembangunan PTFI kini mencapai 3,21%. Yunus bilang, capaian tersebut lebih tinggi dari rencana enam bulanan yang ditarget men-"Artinya, kemajuan fisik yang dicapai lebih tinggi atau 116%. Itu merupakan hasil verifi-kasi terkini yang dilakukan oleh surveyor,"
kepada Kontan.co.id, Minggu Sebenarnya, progres smelter PTFI pada evaluasi Februari 2019 lalu sudah mencapai 3,86%. Namun, lantaran ada penambahan investasi dari US$ 2,59 miliar menjadi US$ 2,8 miliar, serta ada perubahan teknologi dari menjadi Outotex, maka peng-hitungan terhadap progres pembangunan
pun disesuaikan.
"Jadi progres yang sekarang itu sudah ada penyesuaian dengan perubahan tersebut," Sementara itu, terkait dengan penyerapan belanja modal, Yunus mengatakan bahwa tembaga yang berlokasi di Java Integrated Industrial and Port Estate (JIIPE), Gresik, Jawa Timur itu sudah meng-habiskan biaya sebesar US$ 151,7 juta. "Saat ini tahapan pengerjaan yang dilakukan masih pematangan lahan," ujar Yunus.
Direktur Utama Freeport Indonesia Tony Wenas mengatakan bahwa
smelter berkapasitas 2 juta ton konsentrat tembaga itu masih dalam fase persiapan lahan yang antara lain mencakup pemadatan tanah.
Tony optimistis, fase konstruksi bisa dimulai
smelter dapat selesai Yakni pada akhir tahun 2022
IMA-Daily Update
Ie at the end of 2022 or no later than five years since the issuance of the Special Mining Business Permit (IUPK) received together with the divestment transaction by PT Indonesia Asahan Aluminum (Inalum) on 21 December 2018 ago.
"We will continue to complete this and it is hoped that by the end of 2022 the construction of the smelter
completed," Tony said some time ago. As for the other copper concentrate smelters, which are owned by PT Amman Mineral Nusa Tenggara (AMNT), the cumulative progress has now reached 18.65%. In the physical progress report compiled by PT Sucofindo, Yunus said that the six-month progress of the AMNT smelter reached 107.59%, because the initial target prepared was projected to only reach 17.34%.
Yunus explained, the stages of develop ment that AMNT had been working on were environmental and feasibility studies, land acquisition, ground improvement and detailed design stages or Front End Engineering Design (FEED). To do this stage, the investment budget that has been absorbed reaches US$ 242.96 million. Meanwhile, the AMNT smelter is located in Sumbawa, West Nusa Tenggara (NTB). The AMNT smelter is planned to have a
capacity of 1 million tons per year and can be increased to 1.6 million or 2 million tons per year.
This capacity can process concentrates both from the Batu Hijau mine, as well as potential supply from the Elang mine which is currently in the exploration stage, or from other sources of concentrate suppliers. Reporter: Ridwan Nanda Mulyana, Editor: Yoyok
Ie at the end of 2022 or no later than five years since the issuance of the Special Mining Business Permit (IUPK) received ment transaction by PT Indonesia Asahan Aluminum (Inalum) on 21 December 2018 ago.
"We will continue to complete this and it is hoped that by the end of 2022 the construction of the smelter will be completed," Tony said some time ago.
copper concentrate smelters, which are owned by PT Amman Mineral Nusa Tenggara (AMNT), the cumulative progress has now reached 18.65%. In the physical progress report compiled by PT Sucofindo, Yunus said that month progress of the AMNT hed 107.59%, because the initial target prepared was projected to Yunus explained, the stages of develop-ment that AMNT had been working on were environmental and feasibility studies, land acquisition, ground improvement and ign stages or Front End Engineering Design (FEED). To do this stage, the investment budget that has been absorbed reaches US$ 242.96 million. Meanwhile, the AMNT smelter is located in Sumbawa, West Nusa Tenggara (NTB). The AMNT smelter is planned to have an input capacity of 1 million tons per year and can be increased to 1.6 million or 2 million This capacity can process concentrates both from the Batu Hijau mine, as well as potential supply from the Elang mine oration stage, or from other sources of concentrate
Reporter: Ridwan Nanda Mulyana,
Yakni pada akhir tahun 2022 atau paling lambat lima tahun sejak terbitnya Izin Usaha Pertambangan Khusus (IUPK) yang diterima bersamaan dengan tra
divestasi oleh PT Indonesia Asahan Aluminium (Inalum) pada 21 Desember 2018 lalu.
"Ini akan terus kita selesaikan dan diharap kan pada akhir tahun 2022 pembangunan
smelter sudah selesai," kata Tony beberapa waktu lalu.
Sedangkan untuk smelter
tembaga lainnya, yakni milik PT Amman Mineral Nusa Tenggara (AMNT), saat ini progres kumulatifnya sudah mencapai 18,65%. Dalam laporan kemajuan fisik yang disusun oleh PT Sucofindo itu, Yunus mengatakan bahwa progres enam bulanan
smelter AMNT tersebut
karena target awal yang disusun di proyeksikan hanya mencapai 17,34%. Yunus menerangkan, tahapan pem bangunan yang sudah dan sedang dikerjakan AMNT adalah studi kelayakan dan lingkungan, akuisisi lahan,
Improvement dan tahapan des
perinci atau Front End Engineering Design
(FEED). Untuk mengerjakan tahapan tersebut, anggaran investasi yang sudah terserap mencapai US$ 242,96 juta.
Adapun, smelter AMNT ini berlokasi di Sumbawa, Nusa Tenggara Barat (NTB).
Smelter AMNT direncanakan memiliki kapasitas input sebesar 1 juta ton per tahun dan dapat ditingkatkan hingga 1,6 juta atau 2 juta ton per tahun.
Kapasitas tersebut dapat memproses konsentrat baik dari tambang Batu Hijau, maupun suplai potensial dari tambang Elang yang saat ini dalam tahap eksplorasi, atau pun dari sumber pemasok konsentrat lainnya. Reporter: Ridwan Nanda Mulyana, Editor: Yoyok
Page 9
Yakni pada akhir tahun 2022 atau paling lambat lima tahun sejak terbitnya Izin Usaha Pertambangan Khusus (IUPK) yang diterima bersamaan dengan transaksi divestasi oleh PT Indonesia Asahan Aluminium (Inalum) pada 21 Desember "Ini akan terus kita selesaikan dan diharap-kan pada akhir tahun 2022 pembangunan
sudah selesai," kata Tony beberapa
smelter konsentrat tembaga lainnya, yakni milik PT Amman Mineral Nusa Tenggara (AMNT), saat ini progres kumulatifnya sudah mencapai 18,65%. Dalam laporan kemajuan fisik yang disusun oleh PT Sucofindo itu, Yunus mengatakan bahwa progres enam bulanan AMNT tersebut mencapai 107,59%, karena target awal yang disusun di-proyeksikan hanya mencapai 17,34%. Yunus menerangkan, tahapan pem-bangunan yang sudah dan sedang dikerjakan AMNT adalah studi kelayakan dan lingkungan, akuisisi lahan, Ground
dan tahapan desain
ter-Front End Engineering Design
(FEED). Untuk mengerjakan tahapan tersebut, anggaran investasi yang sudah terserap mencapai US$ 242,96 juta.
AMNT ini berlokasi di Sumbawa, Nusa Tenggara Barat (NTB). direncanakan memiliki kapasitas input sebesar 1 juta ton per tahun dan dapat ditingkatkan hingga 1,6 juta atau 2 juta ton per tahun.
Kapasitas tersebut dapat memproses konsentrat baik dari tambang Batu Hijau, maupun suplai potensial dari tambang saat ini dalam tahap eksplorasi, atau pun dari sumber pemasok konsentrat
IMA-Daily Update
PT Timah (TINS) plans to reduce
tin exports until the end of 2019
T
HE CONTINUING decline in world tin prices has led PT Timah Tbk (TINS) to reduce the volume of tin exports to the global market. This step is an effort to lift world tin prices.Previously, in the 2019 Asia Tin Week forum in China, TINS Director Riza Pahl said that the company would implement an effectiveness and efficiency policy on operating costs, especially withholding export volumes. This is done to overcome the current sluggish tin prices.
TINS Corporate Secretary Abdullah Umar said, the reduction in exports had been done by TINS since July 2019.
Kontan.co.id noted, this year TINS targeting to export 60,000 tons of tin. While TINS targets to reduce 20% of export volume.
"This can have a better impact on the performance of PT Timah going fo
Abdullah said when confirmed by Kontan.co.id, Friday (4/10).
Abdullah added, the reduction in exports was accompanied by monitoring the condition of tin prices. There is also TINS targeting a reduction in exports to end by the end of 2019.
With this reduction in export volume, TINS hopes that tin prices will recover. "The ideal price is around US$ 20 thousand per ton," Abdullah concluded. Reporter: Akhmad Suryahadi, Editor: Yudho Winarto
PT Timah (TINS) plans to reduce
tin exports until the end of 2019
decline in world tin prices has led PT Timah Tbk (TINS) to reduce the volume of tin exports to the global market. This step is an effort to lift
Previously, in the 2019 Asia Tin Week Director Riza Pahlevi said that the company would implement an effectiveness and efficiency policy on operating costs, especially withholding export volumes. This is done to overcome
TINS Corporate Secretary Abdullah Umar in exports had been
Kontan.co.id noted, this year TINS is targeting to export 60,000 tons of tin. targets to reduce 20% of
"This can have a better impact on the performance of PT Timah going forward," Abdullah said when confirmed by
Abdullah added, the reduction in exports was accompanied by monitoring the condition of tin prices. There is also TINS targeting a reduction in exports to end by
this reduction in export volume, TINS hopes that tin prices will recover. "The ideal price is around US$ 20 thousand per
Reporter: Akhmad
PT Timah (TINS) berencana
kurangi ekspor timah hingga
akhir 2019
H
ARGA timah dunia yang terus merosot membuat PT Timah Tbk (rangi volume ekspor timah ke pasar global. Langkah ini merupakan upaya untuk mengangkat harga timah dunia.
Sebelumnya, dalam foru
2019 di China, Direktur TINS Riza Pahlevi menyebut pihaknya akan melakukan kebijakan efektifitas dan efisiensi pada
operating cost, terutama menahan volume ekspor. Hal ini dilakukan untuk mengatasi kelesuan harga timah yang terjadi saat ini Corporate Secretary TINS Abdullah Umar mengatakan, pengurangan ekspor ini sudah dilakukan TINS sejak Juli 2019. Kontan.co.id mencatat, tahun ini TINS menargetkan mengekspor 60.000 ton timah. Sementara TINS menargetkan dapat mengurangi 20% dari volume e
“Ini dapat berdampak lebih baik bagi kinerja PT Timah ke depan,” ujar Abdullah saat dikonfirmasi Kontan.co.id, Jumat (4/10).
Abdullah menambahkan, pengurangan ekspor ini dibarengi dengan pemantauan kondisi harga timah. Ada pun TINS menargetkan pengurangan ekspor ber akhir pada pengujung 2019.
Dengan adanya pengurangan volume ekspor ini, maka TINS berharap harga timah dapat pulih kembali. “Harga yang ideal sekitar US$ 20 ribu per ton,” tutup Abdullah. Reporter: Akhmad Suryahadi, Editor:
Yudho Winarto
Page 10
PT Timah (TINS) berencana
kurangi ekspor timah hingga
hir 2019
timah dunia yang terus merosot membuat PT Timah Tbk (TINS) mengu-rangi volume ekspor timah ke pasar global. Langkah ini merupakan upaya untuk mengangkat harga timah dunia.
Sebelumnya, dalam forum Asia Tin Week 2019 di China, Direktur TINS Riza Pahlevi menyebut pihaknya akan melakukan kebijakan efektifitas dan efisiensi pada , terutama menahan volume ekspor. Hal ini dilakukan untuk mengatasi kelesuan harga timah yang terjadi saat ini. Corporate Secretary TINS Abdullah Umar mengatakan, pengurangan ekspor ini sudah dilakukan TINS sejak Juli 2019. Kontan.co.id mencatat, tahun ini TINS menargetkan mengekspor 60.000 ton timah. Sementara TINS menargetkan dapat mengurangi 20% dari volume ekspor. “Ini dapat berdampak lebih baik bagi kinerja PT Timah ke depan,” ujar Abdullah saat dikonfirmasi Kontan.co.id, Jumat Abdullah menambahkan, pengurangan ekspor ini dibarengi dengan pemantauan kondisi harga timah. Ada pun TINS gurangan ekspor ber-akhir pada pengujung 2019.
Dengan adanya pengurangan volume ekspor ini, maka TINS berharap harga timah dapat pulih kembali. “Harga yang ideal sekitar US$ 20 ribu per ton,” tutup
IMA-Daily Update
Flood Coal Mine, India Potential
to Add Imports
Dika Irawan
F
LOODING at one of Coal India Ltd's largest coal mines is expected to stop production for at least one month.As reported by Reuters on Thursday (10/10/2019), this condition will be a setback for India, which is trying to reduce its dependence on imports
commodities.
Flooding occurred in the Dipka mine which produces more than 30 million tons of thermal coal per year and accounts for around 5 percent of the total production of Coal India. This incident could cause several power plants in eastern India and are busy looking for fuel.
So far, the mine supplies coal to several power plant utilities including t
Ltd Sipat factory in Chhattisgarh state and government-run utilities in the western state of Maharashtra.
Meanwhile, Coal India declined to comment on the level of damage or the length of production outages.
An NTPC official revealed that the company's factory in Sipat - which did not have coal stock until September 30, 2019 according to government data, was trying to regulate alternative coal sources However, the official refused to give further details.
The outage also came at the wrong time because the government-run Coal India will start a roadshow on Thursday (3/10), to woo investors ahead of the planned sale of shares in the company.
Flood Coal Mine, India Potential
to Add Imports
at one of Coal India Ltd's largest coal mines is expected to stop production for at least one month.
As reported by Reuters on Thursday (10/10/2019), this condition will be a setback for India, which is trying to reduce its dependence on imports of these Flooding occurred in the Dipka mine which produces more than 30 million tons of oal per year and accounts for around 5 percent of the total production of Coal India. This incident could cause several power plants in eastern India and So far, the mine supplies coal to several power plant utilities including the NTPC Ltd Sipat factory in Chhattisgarh state and run utilities in the western Meanwhile, Coal India declined to comment on the level of damage or the An NTPC official revealed that the which did not have coal stock until September 30, 2019 - according to government data, was trying regulate alternative coal sources. However, the official refused to give The outage also came at the wrong time run Coal India will start a roadshow on Thursday (3/10), to woo investors ahead of the planned sale
Tambang Batubara Banjir, India
Berpotensi Tambah Impor
Dika Irawan
B
ANJIR di salah satu tambangterbesar Coal India Ltd diperkirakan akan menghentikan produksi setidaknya sela satu bulan.
Seperti dilansir dari Reuters
2019), kondisi ini akan menjadi kemunduran bagi India, yang sedang berusaha mengurangi ketergantungannya terhadap impor komo ditas tersebut.
Banjir terjadi di tambang Dipka yang meng hasilkan lebih dari 30 juta ton batubara termal per tahun dan menyumbang sekitar 5 persen dari keseluruhan produksi Coal India. Peristiwa ini bisa menyebabkan beberapa pembangkit listrik di India bagian ti
tengah sibuk mencari bahan bakar.
Sejauh ini, tambang tersebut memasok batubara ke beberapa utilitas
listrik termasuk pabrik Sipat NTPC Ltd di negara bagian Chhattisgarh dan utilitas yang dikelola pemerintah di negara bagian Maharashtra sebelah barat.
Adapun Coal India menolak mengomentari tingkat kerusakan atau lamanya pema daman produksi.
Seorang pejabat NTPC mengungkapkan pabrik perusahaan di Sipat --yang tidak memiliki stok batubara hingga 30 September
menurut data pemerintah, sedang mencoba mengatur sumber batubara alternatif. Tetapi, pejabat itu menolak untuk memberikan perincian lebih lanjut.
Pemadaman juga datang pada waktu yang tidak tepat karena Coal India yang dikelola pemerintah akan memulai
Kamis (3/10), untuk merayu investor men jelang penjualan saham yang direncanakan di perusahaan itu.
Page 11
Tambang Batubara Banjir, India
Berpotensi Tambah Impor
Dika Irawan
di salah satu tambang batubara terbesar Coal India Ltd diperkirakan akan menghentikan produksi setidaknya selama
Reuters, Kamis (3/10/ 2019), kondisi ini akan menjadi kemunduran , yang sedang berusaha mengurangi ketergantungannya terhadap impor komo-Banjir terjadi di tambang Dipka yang meng-hasilkan lebih dari 30 juta ton batubara termal per tahun dan menyumbang sekitar 5 persen dari keseluruhan produksi Coal India. Peristiwa ini bisa menyebabkan beberapa pembangkit listrik di India bagian timur dan tengah sibuk mencari bahan bakar.
Sejauh ini, tambang tersebut memasok batubara ke beberapa utilitas pembangkit termasuk pabrik Sipat NTPC Ltd di negara bagian Chhattisgarh dan utilitas yang dikelola pemerintah di negara bagian Maharashtra sebelah barat.
Adapun Coal India menolak mengomentari tingkat kerusakan atau lamanya pema-Seorang pejabat NTPC mengungkapkan pabrik
yang tidak memiliki stok batubara hingga 30 September 2019-- menurut data pemerintah, sedang mencoba mengatur sumber batubara alternatif. Tetapi, pejabat itu menolak untuk memberikan Pemadaman juga datang pada waktu yang tidak tepat karena Coal India yang dikelola pemerintah akan memulai roadshow pada Kamis (3/10), untuk merayu investor men-jelang penjualan saham yang direncanakan
IMA-Daily Update
"This is a huge loss for us and is a major setback for our production goals," said an unnamed Coal India official.
He explained that some expensive mining equipment might be damaged and have been submerged due to flooding that began earlier this week, after the nearby river embankment broke out due to heavy rain. Production from Coal India, the world's largest miner by production, has fallen this year due to heavy rains
production at many of their mines in eastern India. The intensity of rain in India this time of the rainy season is recorded to be 10 percent above the average in 2019, the highest in the last 25 years and the seasonal rainfall lasts longer than expected.
Coal India said production in the April September period fell 6 percent particular, September production alone has plummeted 23.5 percent to the lowest level in recent months.
The company is targeting production of 660 million tons of coal during the year to March 2020, growing 8.7 percent from 606.9 million tons from the previous year. Coal accounts for around 75 percent of India's power plants and the country wants to curb rising imports. However, so far, the Government of India has failed to open up the industry to compete despite issuing a liberalization policy 19 months ago.
India gets about one third of its imported thermal coal, which is mainly used for electricity generation, from Indonesia, South Africa and the US. Editor: Annisa Margrit
for us and is a major setback for our production goals," said an
He explained that some expensive mining equipment might be damaged and have been submerged due to flooding that began earlier this week, after the nearby river bankment broke out due to heavy rain. Production from Coal India, the world's largest miner by production, has fallen this year due to heavy rains hampering production at many of their mines in eastern India. The intensity of rain in India rainy season is recorded to be 10 percent above the average in 2019, the highest in the last 25 years and the seasonal rainfall lasts longer than
Coal India said production in the April-September period fell 6 percent. In
roduction alone has plummeted 23.5 percent to the lowest
The company is targeting production of 660 million tons of coal during the year to March 2020, growing 8.7 percent from 606.9 million tons from the previous year.
s for around 75 percent of India's power plants and the country wants to curb rising imports. However, so far, the Government of India has failed to open up the industry to compete despite issuing a liberalization policy 19 months ago.
third of its imported thermal coal, which is mainly used for electricity generation, from Indonesia,
Editor: Annisa
"Ini adalah kerugian besar bagi kami dan merupakan kemunduran besar bagi tujuan produksi kami," ujar seora
India yang tidak disebutkan identitasnya. Dia menerangkan beberapa peralatan penambangan yang mahal mungkin rusak dan telah tenggelam akibat banjir yang dimulai pada awal pekan ini, setelah tanggul sungai terdekat pecah karena hujan deras.
Produksi dari Coal India, penambang terbesar di dunia berdasarkan produksi, telah jatuh pada tahun ini karena hujan lebat menghambat produksi di banyak tambang mereka di timur India. Intensitas hujan di India pada musim hujan kali ini tercatat berada 10 persen di atas rata pada 2019, tertinggi dalam 25 tahun terakhir dan hujan musiman berlangsung lebih lama dari yang diperkirakan.
Coal India menyampaikan produksi pada periode April-September turun 6 persen. Secara khusus, produksi September saja merosot 23,5 persen ke level terendah dalam beberapa bulan terakhir.
Perusahaan tersebut menargetkan produksi 660 juta ton batubara selama setahun hingga Maret 2020, tumbuh 8,7 persen dari 606,9 juta ton dari tahun sebelumnya.
Batubara menyumbang sekitar 75 pers dari pembangkit listrik India dan negara itu ingin menahan kenaikan impor. Namun, sejauh ini, Pemerintah India gagal mem buka industri tersebut untuk bersaing meskipun telah mengeluarkan kebijakan liberalisasi 19 bulan lalu.
India mendapat sekitar seper
batubara termal impornya, yang terutama digunakan untuk pembangkit listrik, dari Indonesia, Afrika Selatan, dan AS.
Annisa Margrit
Page 12
"Ini adalah kerugian besar bagi kami dan merupakan kemunduran besar bagi tujuan produksi kami," ujar seorang pejabat Coal India yang tidak disebutkan identitasnya. Dia menerangkan beberapa peralatan penambangan yang mahal mungkin rusak dan telah tenggelam akibat banjir yang dimulai pada awal pekan ini, setelah tanggul sungai terdekat pecah karena Produksi dari Coal India, penambang terbesar di dunia berdasarkan produksi, telah jatuh pada tahun ini karena hujan lebat menghambat produksi di banyak tambang mereka di timur India. Intensitas hujan di India pada musim hujan kali ini rsen di atas rata-rata pada 2019, tertinggi dalam 25 tahun terakhir dan hujan musiman berlangsung lebih lama dari yang diperkirakan.
Coal India menyampaikan produksi pada September turun 6 persen. Secara khusus, produksi September saja t 23,5 persen ke level terendah dalam beberapa bulan terakhir.
Perusahaan tersebut menargetkan produksi 660 juta ton batubara selama setahun hingga Maret 2020, tumbuh 8,7 persen dari 606,9 juta ton dari tahun Batubara menyumbang sekitar 75 persen dari pembangkit listrik India dan negara itu ingin menahan kenaikan impor. Namun, sejauh ini, Pemerintah India gagal mem-buka industri tersebut untuk bersaing meskipun telah mengeluarkan kebijakan liberalisasi 19 bulan lalu.
India mendapat sekitar sepertiga dari batubara termal impornya, yang terutama digunakan untuk pembangkit listrik, dari Indonesia, Afrika Selatan, dan AS. Editor :
IMA-Daily Update
Bumi Resources (BUMI) targets
sales to increase 10% in 2019
P
T BUMI Resources Tbk (BUMI) aims to increase coal sales by 10% or as much as 90 million metric tons (mt) in 2019.This was revealed by Director of Bumi Resources Dileep Srivastava when contacted by Kontan.co.id. "Last year Bumi sold 80.3 million mt, so in 2019 it could be higher by around 10%," said Dileep, Sunday (6/10).
This optimism, according to Dileep, is supported by the achievement of production volume in the third quarter which is projected to be equivalent or even exceed the same period in the previous year. Although not yet able to convey a picture of the company's performance in the third quarter, Dileep explained, the company had absorbed the existing capital expenditure.
Capital expenditure is used to increase production capacity to 100 million tons per year. "For that we do not feel the need to make additional investments in infra structure," explained Dileep.
What is clear, Bumi's optimism is increasing through the achievement of contracts of around 90% of the volume of 87 million mt to 90 million mt. Never theless, the ambition of Bumi Resources is not without obstacles.
Dileep explained, coal price fluctuations affected by the US and China trade wars had quite an impact. According to him, this has an impact on the imbalance of c supply and demand. "Hopefully entering the end of the year, coal prices can improve as the previous year," Dileep hoped.
Bumi Resources (BUMI) targets
10% in 2019
Resources Tbk (BUMI) aims to increase coal sales by 10% or as much as 90 million metric tons (mt) in 2019.
This was revealed by Director of Bumi Resources Dileep Srivastava when contacted by Kontan.co.id. "Last year Bumi lion mt, so in 2019 it could be higher by around 10%," said Dileep, This optimism, according to Dileep, is supported by the achievement of production volume in the third quarter which is projected to be equivalent or even iod in the previous year. Although not yet able to convey a picture of the company's performance in the third quarter, Dileep explained, the company had absorbed the existing capital Capital expenditure is used to increase to 100 million tons per year. "For that we do not feel the need to make additional investments in infra-What is clear, Bumi's optimism is increasing through the achievement of contracts of around 90% of the volume of n mt to 90 million mt. Never-theless, the ambition of Bumi Resources is Dileep explained, coal price fluctuations affected by the US and China trade wars had quite an impact. According to him, this has an impact on the imbalance of coal supply and demand. "Hopefully entering the end of the year, coal prices can improve as the previous year," Dileep hoped.
Bumi Resources (BUMI)
targetkan penjualan meningkat
10% ditahun 2019
P
T BUMI Resources Tbk (kan peningkatan penjualan batubara sebesar 10% atau sebanyak 90 juta metrik ton (mt) di tahun 2019.
Hal ini diungkapkan oleh Direktur Bumi Resources Dileep Srivastava ketika di hubungi oleh Kontan.co.id. "Pada tahun lalu Bumi menjual 80,3 juta mt, jadi ditahun 2019 bisa lebih tinggi sekitar 10%," sebut Dileep, Minggu (6/10).
Optimisme ini, menurut Dileep didukung oleh raihan volume produksi di kuartal tiga yang diproyeksikan akan setara atau bahkan melampaui periode yang sama ditahun sebelumnya. Meski belum bisa menyampai kan gambaran kinerja perseroan di kuartal III, Dileep menjelaskan, perseroan telah menyerap belanja modal yang ada.
Belanja modal digunakan untuk meningkat kan kapasitas produksi
ton per tahun. "Untuk itu kami belum merasa perlu untuk melakukan investasi tambahan pada infrastruktur," terang Dileep.
Yang terang, optimisme Bumi semakin bertambah lewat raihan kontrak sekitar 90% dari volume sebanyak 87 juta mt hingg juta mt. Kendati demikian, ambisi Bumi Resources bukan tanpa halangan.
Dileep menjelaskan, fluktuasi harga batubara yang terpengaruh akibat perang dagang Amerika Serikat dan Cina cukup berdampak. Hal ini menurutnya berdampak pada tidak berimbangnya pasokan dan permintaan batubara. "Semoga memasuki penghujung tahun, harga batubara dapat membaik seperti tahun sebelumnya," harap Dileep.
Page 13
Bumi Resources (BUMI)
targetkan penjualan meningkat
10% ditahun 2019
Resources Tbk (BUMI) menarget-kan peningkatan penjualan batubara sebesar 10% atau sebanyak 90 juta metrik ton (mt) Hal ini diungkapkan oleh Direktur Bumi Resources Dileep Srivastava ketika
di-co.id. "Pada tahun lalu Bumi menjual 80,3 juta mt, jadi ditahun 2019 bisa lebih tinggi sekitar 10%," sebut Dileep, Optimisme ini, menurut Dileep didukung oleh raihan volume produksi di kuartal tiga yang diproyeksikan akan setara atau bahkan melampaui periode yang sama ditahun sebelumnya. Meski belum bisa menyampai-kan gambaran kinerja perseroan di kuartal III, Dileep menjelaskan, perseroan telah menyerap belanja modal yang ada.
Belanja modal digunakan untuk meningkat-kan kapasitas produksi mencapai 100 juta ton per tahun. "Untuk itu kami belum merasa perlu untuk melakukan investasi tambahan pada infrastruktur," terang Dileep.
Yang terang, optimisme Bumi semakin bertambah lewat raihan kontrak sekitar 90% dari volume sebanyak 87 juta mt hingga 90 juta mt. Kendati demikian, ambisi Bumi Resources bukan tanpa halangan.
Dileep menjelaskan, fluktuasi harga batubara yang terpengaruh akibat perang dagang Amerika Serikat dan Cina cukup berdampak. Hal ini menurutnya berdampak pada tidak asokan dan permintaan batubara. "Semoga memasuki penghujung tahun, harga batubara dapat membaik seperti tahun sebelumnya," harap Dileep.
