TABLE OF CONTENTS. No. Title Media Source Page

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Daily News Update Page 1

Kenaikan harga batu bara disebabkan mening- katnya permintaan dari India, Eropa, serta Australia. Dilansir dari S&P, BUMN pertam- bangan India Coal India diperkirakan akan me- mulai tender impor dengan sejumlah negara minggu ini. Indonesia menjadi salah satu dari negara yang diincar menjadi pemasok.

"Pengiriman akan disebar dalam beberapa bulan ke depan. Impor diharapkan bisa meningkatkan pasokan batu bara di pembangkit mereka," tulis S&P dalam Market Movers Asia, June 6-10.

Seperti diketahui, pemerintah India telah meminta Coal India untuk mengimpor 12 juta ton batu bara selama periode Juli 2022-Juli 2023. Batu bara impor tersebut akan disebar kepada produsen listrik yang sebelumnya sudah melakukan pemesanan impor.

Batas pemesanan impor sendiri sudah berakhir pada Jumat pekan lalu (3/6/2022.

Jika produsen listrik tidak melakukan pemesanan hingga Jumat maka pemerintah akan

"menghukum" mereka dengan mengurangi kuota batu bara lokal.

Permintaan listrik di India melonjak tajam sejak April lalu karena gelombang panas.

Negeri Bollywood juga harus segera meng- amankan pasokan untuk menghadapi musim hujan di Juli-September.

Permintaan batu bara dari Eropa juga meningkat karena tenggat waktu sanksi semakin dekat. Seperti diketahui, Uni Eropa telah sepakat untuk melarang impor batu bara dari Rusia mulai 10 Agustus mendatang.

"Harga batu bara Eropa akan tetap tinggi dalam beberapa minggu ke depan. Pasokan memang melimpah tetapi permintaan juga meningkat tajam. Pembeli pun kemudian memahami jika harga batu bara kemudian menjadi tinggi," tutur salah seorang pelaku pasar, seperti dikutip dari Montel News.

Pengiriman batu bara dari Rusia meningkat dalam beberapa bulan terakhir yang membuat pasokan melimpah. Pembeli dari Eropa...

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Buyers from Europe probably won't experience supply problems until next winter. However, they are faced with supply problems for next year.

Europe's northwestern ports are expected to receive 6.53 million tonnes of imported coal from all over the country this month.

This figure is up from 4.47 million tons in June last year.

Meanwhile, Australia is likely to increase the use of coal in their power generation after soaring gas prices. Australia is struggling with soaring gas prices, which sends the country's electricity prices flying.

A number of independent Australian electricity providers, including Australia's ReAmped Energy, have even allowed their consumers to switch to other producers as they will raise prices.

Australian Resources Minister Madeleine King said increasing the supply of electricity from coal energy sources was an option to suppress the surge in electricity prices.

"Under the current conditions, it is important to restore coal plants as soon as possible," Madeleine said, as quoted by The Guardian.

Despite its status as one of the largest coal producers in the world, Australia has always relied on gas and other renewable energy sources for its electrical energy.

Many of their coal power plants have been extinguished. However, the surge in gas prices prompted Australia to reuse their generators.

"However, in the long term, we will continue to increase the supply of gas and renewable energy sources. We must continue to meet the target of net zero emissions," he added. CNBC INDONESIA RESEARCH TEAM (mae/mae)

Pembeli dari Eropa mungkin tidak akan mengalami masalah pasokan hingga musim dingin mendatang. Namun, mereka dihadapkan pada persoalan pasokan untuk tahun depan.

Pelabuhan bagian barat laut Eropa diperkirakan menerima pengiriman batu bara impor sebanyak 6,53 juta ton dari seluruh negara pada bulan ini. Angka tersebut naik dari 4,47 juta ton pada Juni tahun lalu.

Sementara itu, Australia kemungkinan akan meningkatkan penggunaan batu bara pada pembangkit listrik mereka setelah melonjaknya harga gas. Australia tengah dipusingkan dengan melonjaknya harga gas yang membuat harga listrik negara tersebut terbang.

Sejumlah penyedia listrik independen Australia, termasuk Australia's ReAmped Energy, bahkan sudah mempersilahkan konsumen mereka untuk beralih ke produsen lain karena mereka akan menaikkan harga.

Menteri Sumber Daya Australia Madeleine King mengatakan menambah pasokan listrik dari sumber energi batu bara menjadi pilihan untuk menekan lonjakan harga listrik.

"Dalam kondisi saat ini, penting untuk mengembalikan pembangkit batu bara sesegera mungkin," tutur Madeleine, seperti dikutip dari The Guardian.

Meskipun berstatus sebagai salah satu produsen terbesar batu bara di dunia, Australia selama ini menggantungkan sumber energi listriknya kepada gas dan energi terbarukan lainnya. Pembangkit listrik batu bara mereka pun banyak yang sudah dipadamkan. Namun, lonjakan harga gas membuat Australia akan menggunakan kembali pembangkit mereka.

"Namun, dalam jangka panjang, kita akan tetap meningkatkan pasokan gas dan sumber energi terbarukan. Kami harus tetap memenuhi target net zero emissions," imbuhnya. TIM RISET CNBC INDONESIA (mae/mae)

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Commitment to Environmental Aspect, Amman Mineral Launches Gili Balu Waters

Conservation Area

Yurika

P

T AMMAN Mineral Nusa Tenggara (Amman) held an event to launch the Gili Balu marine conservation area on Kenawa Island, West Sumbawa Regency (KSB), Sunday (5/6) morning. This launch is a follow-up to the signing of a partnership agreement between Amman and the Department of Marine Affairs and Fisheries of West Nusa Tenggara Province (Dislutkan-NTB) last May to manage environmental and social aspects on Gili Balu, which are eight small islands in the northwest region of KSB. Gili Balu consists of Kalong Island, Namo Island, Kenawa Island, Snake Island, Mandiki Island, Paserang Island, Kambing or Batu Island, and Belang Island. This partnership agreement will last for five years and cover an area of more than 5,000 hectares.

The event, entitled Transforma_Sea Gili Balu, was held to coincide with the commemoration of World Environment Day which falls every June 5, to further increase public awareness about the environment. Besides being attended by the Head of Dislutkan-NTB Muslim, the Expert Staff of the Regent of West Sumbawa Regency, Mansyur Sofyan, and the Site Director/Head of Mining Engineering (KTT) Amman Wudi Raharjo.

The event was also attended by environmental activist and travel blogger Marischka Prudence, who also carried out the dive monitoring. Apart from diving,...

Wujud Komitmen Aspek Lingkungan, Amman Mineral Luncurkan Wilayah Konservasi

Perairan Gili Balu

Yurika

P

T AMMAN Mineral Nusa Tenggara (Amman) menggelar acara peluncuran wilayah konservasi perairan Gili Balu di Pulau Kenawa, Kabupaten Sumbawa Barat (KSB), Minggu (5/6) pagi. Peluncuran ini merupakan tindak lanjut penandatanganan perjanjian kemitraan antara Amman dengan Dinas Kelautan dan Perikanan Provinsi Nusa Tenggara Barat (Dislutkan- NTB) bulan Mei lalu untuk mengelola aspek lingkungan dan sosial di Gili Balu, yang merupakan delapan pulau kecil di wilayah barat laut KSB. Gili Balu terdiri dari Pulau Kalong, Pulau Namo, Pulau Kenawa, Pulau Ular, Pulau Mandiki, Pulau Paserang, Pulau Kambing atau Batu, dan Pulau Belang. Perjanjian kemitraan ini akan berlangsung selama lima tahun dan mencakup area seluas lebih dari 5.000 hektar.

Acara yang bertajuk Transforma_Sea Gili Balu ini dilaksanakan bertepatan dengan peringatan Hari Lingkungan Hidup Sedunia yang jatuh setiap tanggal 5 Juni, untuk semakin meningkatkan kesadaran masyarakat tentang lingkungan. Selain dihadiri oleh Kepala Dislutkan-NTB Muslim, Staf Ahli Bupati Kabupaten Sumbawa Barat Mansyur Sofyan, serta Site Director/Kepala Teknik Tambang (KTT) Amman Wudi Raharjo. Acara ini juga dihadiri oleh pegiat lingkungan dan travel blogger Marischka Prudence, yang turut melakukan dive monitoring. Selain diving,...

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Apart from diving, the participants were also involved in beach clean-ups, snorkeling, and demonstrations on how to process organic waste into compost.

Wudi Raharjo, Site Director/Amman Summit, said that this conservation program is a form of AMMAN's commitment as the largest copper and gold mining company in NTB Province in implementing the Good Mining Practice Principles. “We manage environmental and social aspects responsibly. This is an integral part of Amman's business which has a vision of creating the best legacy. We hope that this partnership can increase the effectiveness of the management of the Gili Balu conservation area, so that it can provide benefits for the community and the surrounding economy," said Wudi.

Muslim, Head of the NTB Marine and Fisheries Service, expressed his appreciation to Amman for being proactive in encouraging the realization of the partnership. He welcomed the partnership related to various joint initiative programs in order to maximize the management of the Gili Balu Marine Protected Area which has been determined by the Ministry of Maritime Affairs and Fisheries in 2021 covering an area of 5,846.67 ha.

"With this partnership, it is hoped that it will be able to strengthen from the institutional aspect and provide an optimal impact in the management of the conservation area on Gili Balu, so that it is in accordance with government programs and can provide added value for the environment and the surrounding community," said Muslim.

Mansyur Sofyan, Expert Staff to the Regent of West Sumbawa Regency, stated that the success of this partnership program is determined by the active participation of the community.

Selain diving, para peserta juga terlibat dalam kegiatan bersih-bersih pantai (beach clean-up), snorkeling, dan demo cara mengolah sampah organik menjadi pupuk kompos.

Wudi Raharjo, Site Direktur/KTT Amman, mengatakan program konservasi ini merupakan wujud komitmen AMMAN sebagai perusahaan tambang tembaga dan emas terbesar di Provinsi NTB dalam menerapkan Good Mining Practice Principle. “Kami melakukan pengelolaan aspek lingkungan dan sosial secara bertanggung jawab. Hal ini merupakan bagian tidak terpisahkan dari bisnis Amman yang memiliki visi men- ciptakan warisan terbaik. Kami berharap kemitraan ini dapat meningkatkan efekti- vitas pengelolaan kawasan konservasi Gili Balu, sehingga dapat memberikan manfaat bagi masyarakat dan perekonomian sekitar,”

kata Wudi.

Muslim, Kepala Dinas Kelautan dan Perikanan NTB, menyampaikan apresiasinya kepada Amman yang telah proaktif dalam mendorong terwujudnya kemitraan tersebut. Ia menyambut baik kemitraan terkait berbagai program inisiatif bersama dalam rangka memaksimalkan pengelolaan Kawasan Konservasi perairan Gili Balu yg telah ditetapkan oleh Kementerian Kelautan dan Perikanan tahun 2021 seluas 5.846,67 ha.

“Dengan adanya kemitraan ini diharapkan lebih dapat memperkuat dari aspek kelem- bagaan serta lebih memberikan dampak yang optimal dalam pengelolaan Kawasan konservasi di Gili Balu, sehingga sesuai dengan program pemerintah serta dapat memberikan nilai tambah bagi lingkungan maupun masyarakat sekitar,” ujar Muslim.

Mansyur Sofyan, Staf Ahli Bupati Kabupaten Sumbawa Barat, menyatakan bahwa keber- hasilan program kemitraan ini ditentukan salah satunya oleh partisipasi aktif masyarakat.

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"The KSB government will try to involve various Tourism Awareness Groups (Pokdarwis) around the location to participate actively so that they can help develop a sustainable tourism sector. We also hope that the various programs implemented together can be an example for other companies,” said Mansyur.

The Gili Balu area is famous for its various natural potentials such as beautiful beaches, hills, mangrove forest areas, and the beauty of the underwater ecosystem.

However, there are still various obstacles that hinder the natural potential of Gili Balu, such as rampant illegal fishing with methods that destroy nature, limited quality of Human Resources (HR), access to capital, and lack of community know- ledge in marine and coastal management.

Therefore, the partnership program will focus on several programs, namely: monitoring of fish habitats and populations;

protection and rehabilitation of fish populations and habitats; capacity building of Human Resources (HR); provision and maintenance of area management facilities

& infrastructure; as well as improvement of service area utilization for tourism and sustainable fisheries. (RA)

“Pemerintah KSB akan berupaya dalam melibatkan berbagai Kelompok Sadar Wisata (Pokdarwis) yang berada di sekitar lokasi untuk berperan serta secara aktif sehingga dapat turut membantu dalam mengembangkan sektor pariwisata yang berkelanjutan. Besar pula harapan kami agar berbagai program yang dilaksanakan bersama ini dapat menjadi contoh bagi perusahaan-perusahaan lain,” ujar Mansyur.

Kawasan Gili Balu terkenal dengan berbagai potensi alam seperti keindahan pantai, perbukitan, area hutan mangrove, serta keindahan ekosistem bawah laut. Namun, masih terdapat berbagai kendala yang menghambat potensi alam Gili Balu, seperti maraknya pengambilan ikan ilegal dengan metode yang merusak alam, terbatasnya kualitas Sumber Daya Manusia (SDM), akses permodalan, serta kurangnya pengetahuan masyarakat dalam pengelolaan laut dan pesisirnya.

Karenanya, program kemitraan tersebut akan difokuskan pada beberapa program, yaitu:

pemantauan habitat dan populasi ikan;

perlindungan dan rehabilitasi habitat dan populasi ikan; peningkatan kapasitas Sumber Daya Manusia (SDM); penyediaan dan peme- liharaan sarana & prasarana pengelolaan kawasan; serta peningkatan pelayanan pemanfaatan kawasan untuk pariwisata dan perikanan berkelanjutan. (RA)

Help Realize Green Industry, MIND ID Holds BIGMIND

Innovation Award

Dea Duta Aulia - detikNews

T

HE SOE Holding Mining Industry MIND ID, which consists of PT Aneka Tambang Tbk, PT Bukit Asam Tbk, PT Freeport Indonesia, PT Inalum (Persero), and PT Timah Tbk will hold a BIGMIND Innovation Award roadshow on 3 June 2022 in Medan.

Bantu Wujudkan Industri Hijau, MIND ID Adakan BIGMIND

Innovation Award

Dea Duta Aulia - detikNews

B

UMN Holding Industri Pertambangan MIND ID yang beranggotakan PT Aneka Tambang Tbk, PT Bukit Asam Tbk, PT Freeport Indonesia, PT Inalum (Persero), dan PT Timah Tbk adakan roadshow BIGMIND Innovation Award pada 3 Juni 2022 di Medan.

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The competition, which was attended by 450 participants, aims to help answer the challenges of the mining industry.

The event was also attended by the Director of Operations and Portfolio of MIND ID Danny Praditya, Special Staff to the Minister of EMR for the acceleration of infrastructure development and investment Triharyo Indriawan Soesilo, and Head of the Engineering Department of PT Inalum (Persero) Edi Mugiono.

"This innovation competition is expected to be able to motivate Indonesian researchers and innovators to be able to think critically and be more creative. Today's world needs more creative people to face future challenges. MIND ID currently continues to highlight the variety of innovations in the existing mining landscape," said Director of Business Development Dilo Seno Widagdo in a written statement, Monday (6/6/2022).

He explained that his party invited a number of groups such as startups, academics, communities, and mining employees to participate in presenting a number of innovations and solutions in the mining world, especially in order to realize a green industry.

"BIGMIND Innovation Award 2022 is open for all people to join and submit their innovation works. The 12 best teams have the opportunity to win a total prize of Rp 900 million. Teams whose work is able to answer the company's challenges and can be implemented within the MIND ID Group also have the opportunity to take part in the incubation program," he said.

Dilo said that apart from Medan, similar events would also be held in a number of cities in Indonesia. Later each event will be filled with talk shows with relevant speakers such as practitioners, experts, and business actors who will provide information about the Indonesian mining industry.

Kompetisi yang diikuti 450 peserta ini bertujuan untuk membantu menjawab tantangan dari industri pertambangan.

Acara tersebut turut dihadiri oleh Direktur Operasi dan Portfolio MIND ID Danny Praditya, Staf Khusus Menteri ESDM bidang percepatan pembangunan infrastruktur dan Investasi Triharyo Indriawan Soesilo, dan Kepala Departemen Engineering PT Inalum (Persero) Edi Mugiono.

"Kompetisi inovasi ini diharapkan mampu memotivasi para periset dan inovator Indonesia untuk mampu berpikir kritis dan menjadi lebih kreatif. Dunia saat ini lebih membutuhkan orang kreatif untuk menghadapi tantangan masa depan. MIND ID saat ini terus menyoroti ragam inovasi dalam lanskap pertambangan yang ada," kata Direktur Pengembangan Usaha Dilo Seno Widagdo dalam keterangan tertulis, Senin (6/6/2022).

Ia menjelaskan pihaknya mengundang sejumlah kalangan seperti startup, akademisi, komunitas, hingga karyawan pertambangan untuk turut menghadirkan sejumlah inovasi dan solusi dalam dunia pertambangan khususnya guna mewujudkan industri hijau.

"BIGMIND Innovation Award 2022 terbuka bagi semua kalangan untuk bergabung dan mengirimkan karya inovasinya. 12 tim terbaik berkesempatan memenangkan hadiah total Rp 900 juta. Tim yang hasil karyanya mampu menjawab tantangan perusahaan serta dapat diimplementasikan di lingkungan Grup MIND ID juga mendapat kesempatan untuk mengikuti program inkubasi," katanya.

Dilo mengatakan, selain di Medan, acara serupa juga akan diselenggarakan di sejumlah kota di Indonesia. Nantinya setiap acara akan diisi oleh talkshow dengan narasumber relevan seperti para praktisi, expert, dan pelaku usaha yang akan memberikan informasi seputar industri pertambangan Indonesia.

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"The next BIGMIND roadshow will be held on June 17, 2022 through a webinar with the topic of Industrial Processes and Digitization. Then Makassar will be on June 24, 2022 with the topic of Exploration and Mining," he concluded. (prf/ega)

"Roadshow BIGMIND selanjutnya diselenggarakan pada 17 Juni 2022 melalui webinar dengan topik Proses Industri dan Digitalisasi. Lalu selanjutnya Makassar 24 Juni 2022 dengan topik Eksplorasi dan Pertambangan," tutupnya. (prf/ega)

Coal Prices Soar, Here's the Stock Recommendation of Coal

Issuers from Analysts

Reporter: Akhmad Suryahadi | Editor:

Tendi Mahadi

T

HE ELECTRICITY crisis that hit India also raised coal prices. This is reflected in the reference coal price (HBA) in June 2022, which increased 17% per tonne to US$ 323.91 per tonne.

According to the Ministry of EMR, the Government of India has increased the number of coal imports in line with the tight supply of coal from domestic producers for power plants. In addition, the increase in the June HBA was also influenced by the condition of China's coal demand.

Not only HBA, the price of ICE Newcastle coal for the July 2022 trading contract is still at a fairly high level, at US$ 390.75 per tonne.

This increase also brings fresh air to coal issuers, one of which is PT Bukit Asam Tbk (PTBA). Even though PTBA has to supply coal to the domestic market, where the price is below the global reference price, PTBA is still considered to be enjoying the increase in coal prices. This is because PTBA experienced a higher mixed selling price.

Harga Batubara Melambung, Begini Rekomendasi Saham Emiten Batubara dari Analis

Reporter: Akhmad Suryahadi | Editor:

Tendi Mahadi

K

RISIS listrik yang melanda India turut mengangkat harga batubara. Ini tercermin dari harga batubara acuan (HBA) bulan Juni 2022 yang meningkat 17% per ton menjadi US$ 323,91 per ton.

Menurut Kementerian ESDM, Pemerintah India telah meningkatkan jumlah impor batubara seiring ketatnya suplai batubara dari produsen domestik untuk pembangkit listriknya. Selain itu, kenaikan HBA Juni juga dipengaruhi kondisi kebutuhan batubara Tiongkok.

Tak hanya HBA, harga batubara ICE Newcastle untuk kontrak perdagangan Juli 2022 masih berada di level yang cukup tinggi, yakni di level US$ 390,75 per ton.

Kenaikan ini turut membawa angin segar bagi emiten batubara, salah satunya PT Bukit Asam Tbk (PTBA). Meskipun PTBA harus mensuplai batubara ke pasar domestik, yang mana harganya berada di bawah harga acuan global, PTBA dinilai tetap menikmati kenaikan harga batubara.

Sebab, PTBA mengalami kenaikan mixed selling price yang lebih tinggi.

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This is because there is an increase in the portion of coal sales to the export market during the first quarter of 2022. "There is support for the mixed selling price which tends to be higher because the selling price is not stamped," explained RHB Sekuritas Indonesia analyst Fauzan Luthfi Djamal to Kontan.coi. en, Monday (6/6).

Fauzan said that this state-owned issuer captured the momentum of the increase in coal selling prices by increasing the proportion of its export sales to 54 percent, from previously only 31% in the first quarter of 2021. In the end, the sales price achieved by PTBA was better, which was Rp. 1.16 million. per tonne or up 73% year- on-year (YoY).

This led to an expansion of the net profit margin (NPM), which was 28% from the previous 13%.

Sucor Sekuritas analyst Andreas Yordan Tarigan assessed that the crisis condition in India could certainly be an opportunity for Indonesian coal issuers. This opportunity is given the limited additional supply of coal from Australia due to supply disruptions due to heavy rains and recent floods.

Andreas' calculations, at least throughout this year India's coal supply will be in tight conditions. One of the main causes of supply shortage in India is the temperature which is much hotter than usual. The temperature rose from 35 degrees to 45 degrees Celsius.

The existence of a heat dome is likely to prolong the hot temperatures in the country. Coal imports that have been carried out previously have not been able to meet the needs.

According to him, India's coal imports rose rapidly to around 23 million tons in March 2022, from only about 18 million in March last year. Even though imports have increased, in fact, supply shortages still persist.

Sebab, terdapat kenaikan porsi penjualan batubara ke pasar ekspor sepanjang kuartal pertama 2022. “Ada dukungan ke mixed selling price-nya yang cenderung lebih tinggi karena harga jual nya tidak di-cap“ terang Analis RHB Sekuritas Indonesia Fauzan Luthfi Djamal kepada Kontan.coi.id, Senin (6/6).

Fauzan menyebut, emiten pelat merah ini menangkap momentum kenaikan harga jual batubara dengan meningkatkan proporsi penjualan ekspornya menjadi 54%, dari sebelumnya hanya 31% di kuartal pertama 2021. Pada akhirnya, harga penjualan yang diraih PTBA menjadi lebih baik, yakni Rp 1,16 juta per ton atau naik 73% secara year- on-year (YoY).

Hal ini mengarah pada perluasan margin keuntungan atau net profit margin (NPM), yakni sebesar 28% dari sebelumnya hanya 13%.

Analis Sucor Sekuritas Andreas Yordan Tarigan menilai, kondisi krisis di India tentu bisa menjadi peluang bagi emiten batubara Indonesia. Peluang ini mengingat terbatasnya tambahan pasokan batubara dari Australia karena gangguan supply akibat hujan lebat dan banjir belakangan ini.

Hitungan Andreas, setidaknya sepanjang tahun ini pasokan batubara India akan dalam kondisi yang ketat. Salah satu penyebab utama dari supply shortage di India adalah suhu yang jauh lebih panas dari biasanya. Suhu naik dari 35 derajat menjadi 45 derajat celsius.

Adanya heat dome kemungkinan akan mem- perpanjang suhu yang panas di negara tersebut. Impor batubara yang sudah dilakukan sebelumnya juga belum bisa memenuhi kebutuhan.

Catatan dia, impor batubara India naik pesat menjadi sekitar 23 juta ton pada bulan Maret 2022, dari hanya sekitar 18 juta di Maret tahun lalu. Meski impor bertambah, nyatanya kekurangan pasokan masih tetap terjadi.

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On the other hand, the European Union, Japan and South Korea must look for additional coal to replace coal supply from Europe. Last year, these countries imported 100 million tons of coal from Russia.

However, Fauzan put a fairly conservative estimate on the price of Newcastle coal this year. RHB Sekuritas has set an average coal price target of US$ 250 per ton this year.

This is because demand has the potential to decline after the summer is over.

In addition, coal supply usually also increases in line with the drier weather in the second semester.

However, the conservatively projected coal price still provides support for the company's net profit growth. This is because the projected average price this year is still higher than last year's average price at around US$ 136 per ton.

"So by sector, the net profit may still increase by around 40% YoY and above, provided the production target is still the same as that set at the beginning of the year," said Fauzan.

Fauzan recommends trading buy PTBA shares with a target price of Rp 5,050. In addition to an attractive valuation, PTBA's prospects are also supported by expectations of a solid dividend yield.

Fauzan sees that PTBA's coal selling price sentiment in the second quarter will remain solid. This is because ASP movements usually experience a delay of about 1 month to 3 months from the movement of the coal reference price.

"PTBA's operations are also expected to remain stable in terms of achieving output," concluded Fauzan.

Di sisi lain, Uni Eropa, Jepang, dan Korea Selatan harus mencari batubara tambahan untuk pengganti supply batubara dari Eropa. Tahun lalu, negara-negara tersebut mengimpor 100 juta ton batubara dari Rusia.

Namun, Fauzan memasang perkiraan yang cukup konservatif terhadap harga batubara Newcastle tahun ini. RHB Sekuritas memasang target rata-rata harga batubara tahun ini di rentang US$ 250 per ton.

Sebab, permintaan berpotensi melandai setelah musim panas usai.

Selain itu, pasokan batubara biasanya juga bertambah seiring dengan cuaca yang lebih kering di semester kedua.

Hanya saja, harga batubara yang di- proyeksi konservatif ini masih tetap memberikan dukungan terhadap pertumbuhan laba bersih emiten. Sebab, proyeksi harga rata-rata tahun ini masih lebih tinggi daripada realisasi harga rata-rata tahun lalu di kisaran US$ 136 per ton.

“Jadi secara sektoral, net profit kemungkinan masih bisa naik sekitar 40% YoY ke atas, dengan catatan target produksinya masih sama dengan yang dipasang di awal tahun,” kata Fauzan.

Fauzan merekomendasikan trading buy saham PTBA dengan target harga Rp 5.050.

Selain valuasi yang atraktif, prospek PTBA juga disokong dengan ekspektasi dividend yield yang solid.

Fauzan melihat, sentimen harga jua batubara PTBA di kuartal kedua akan tetap solid. Sebab, biasanya pergerakan ASP mengalami delay sekitar 1 bulan hingga 3 bulan dari pergerakan harga acuan batubara.

“Operasional PTBA juga diharapkan bisa tetap stabil dari segi pencapaian output,”

pungkas Fauzan.

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However, the risk of this recommendation is the price correction due to seasonal factors. In addition, PTBA's mining plan is also considered flexible because it has abundant coal resources in Tanjung Enim.

However, the risk of this recommendation is the price correction due to seasonal factors.

Namun, risiko dari rekomendasi ini adalah adanya koreksi harga akibat faktor seasonal.

Selain itu, rencana tambang PTBA juga dinilai fleksibel karena memiliki sumber daya batubara yang melimpah di Tanjung Enim.

Namun, risiko dari rekomendasi ini adalah adanya koreksi harga akibat faktor seasonal.

Harum Energy (HRUM) Increases Exports to Alternative Markets,

China Is Slowing Down

Author: Iim Fatimah Timorria

P

T HARUM Energy Tbk. (HRUM) increased market penetration in export destination countries other than China, in line with the slowing trend of coal consumption in Panda Country. The portion of sales in the alternative market increased during the first quarter of 2022.

HRUM was recorded to have exported for the first time to Europe in the first quarter of 2022 through coal shipments to the Netherlands. Sales volume to the Netherlands reached 9 percent of the total 900,000 tons of coal sold by the company or the equivalent of 81,000 tons.

“The company recorded its first sales in the European market in the first quarter of 2022 with shipments to the Netherlands.

Sales volume is 9 percent of total sales,"

said Harum Energy's President Director Ray A. Gunara in a public expose, Monday (6/6/2022).

Sales volume to Japan also increased to 20 percent in the first quarter of 2022, even though total sales to Japan only reached 8 percent of the total sales volume of 3.4 million tons in 2021.

Harum Energy (HRUM) Tingkatkan Ekspor ke Pasar Alternatif, China Lagi Melambat

Author: Iim Fathimah Timorria

P

T HARUM Energy Tbk. (HRUM) me- ningkatkan penetrasi pasar di negara- negara tujuan ekspor selain China, seiring dengan tren perlambatan konsumsi batu bara di Negeri Panda. Porsi penjualan di pasar alternatif tercatat meningkat selama kuartal I/2022.

HRUM tercatat melakukan ekspor untuk pertama kalinya ke Eropa pada kuartal I/2022 melalui pengiriman batu bara ke Belanda. Volume penjualan ke Belanda mencapai 9 persen dari total 900.000 ton batu bara yang dijual perusahaan atau setara 81.000 ton.

“Perseroan mencatatkan penjualan per- dana di pasar Eropa di kuartal I/2022 dengan pengiriman ke Belanda. Volume penjualan sebesar 9 persen dari total penjualan,” kata Direktur Utama Harum Energy Ray A. Gunara dalam paparan publik, Senin (6/6/2022).

Volume penjualan ke Jepang juga meningkat menjadi 20 persen pada kuartal I/2022, padahal total penjualan ke Jepang hanya mencapai 8 persen dari total volume penjualan 3,4 juta ton pada 2021.

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The share of export sales to India also showed an increase in the first quarter of 2022 to 8 percent, from just 1 percent throughout 2022.

Ray explained that the increasing portion of export sales to India could not be separated from the slowing trend of coal consumption in China in recent months.

Sales to India, which were limited in the previous period, were also influenced by selling prices which tended to be lower.

“In recent years we have not sold to India because the company has other market opportunities with better selling prices.

However, on the other hand, China as the largest market experienced a slowdown during the first quarter of 2022, thus opening up opportunities to other markets including India, Japan, and even the domestic market," said Ray.

Ray said the company will continue its opportunities to enter alternative markets, as an effort to diversify and reduce dependence on the Chinese market.

However, he could not confirm the prospect of sales to the European market.

He said that export opportunities to Europe are quite limited if you look at the specifications of the company's demand and production conditions. The majority of the coal produced by HRUM, he continued, did not meet European requirements.

“The limited sales to Europe are caused by the limited quality of coal produced by the company. So for the quality desired by the European market, we don't have the quantity demanded. The majority are not to those specifications. Even though there are opportunities, the company's ability to fulfill them is limited," he said.

During the first quarter of 2022, HRUM's revenue reached US$152.17 million, an increase compared to sales in the first quarter of 2021 of US$57.08 million.

Pangsa penjualan ekspor ke India turut memperlihatkan peningkatan di kuartal I/2022 menjadi 8 persen, dari hanya 1 persen sepanjang 2022.

Ray menjelaskan naiknya porsi penjualan ekspor ke India tidak lepas dari tren perlambatan konsumsi batu bara di China dalam beberapa bulan belakangan.

Penjualan ke India yang terbatas pada periode sebelumnya juga dipengaruhi oleh harga jual yang cenderung lebih rendah.

“Beberapa tahun belakang kami tidak menjual ke India karena perseroan memiliki peluang pasar lain dengan harga jual yang lebih baik. Namun, di sisi lain China sebagai pasar terbesar mengalami perlambatan selama kuartal I/2022, sehingga membuka peluang ke pasar lain termasuk India, Jepang, bahkan pasar domestik,” kata Ray.

Ray mengemukakan perusahaan akan me- lanjutkan peluang untuk masuk ke pasar- pasar alternatif, sebagai upaya diversifikasi dan mengurangi ketergantungan pada pasar China. Meski demikian, dia belum bisa memastikan prospek penjualan ke pasar Eropa.

Dia mengemukakan peluang ekspor ke Eropa cukup terbatas jika melihat spesifikasi permintaan dan kondisi produksi perseroan. Mayoritas batu bara yang diproduksi HRUM, lanjutnya, tidak sesuai dengan spesifikasi kebutuhan Eropa.

“Keterbatasan penjualan ke Eropa itu disebabkan oleh adanya batasan kualitas batu bara yang diproduksi perseroan. Sehingga untuk kualitas diinginkan pasar eropa, kami tidak punya jumlah yang diminta. Mayoritas bukan untuk spesifikasi tersebut. Meski ada peluang tersebut, kemampuan perseroan memenuhinya terbatas,” katanya.

Sepanjang kuartal I/2022, pendapatan yang diperoleh HRUM mencapai US$152,17 juta, meningkat dibandingkan dengan penjualan kuartal I/2021 sebesar US$57,08 juta.

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This increase can not be separated from the increase in the average selling price of coal in the first quarter of 2022 by 158.8 percent to US$168.4 per tonne.

Of the total sales, exports to East Asia dominated with a value of US$117.35 million, followed by exports to Europe at US$10.83 million and South Asia at US$9.19 million. Sales to the domestic market were recorded at US$14.78 million.

Editor : Farid Firdaus

Peningkatan ini tidak lepas dari kenaikan harga rata-rata penjualan batubara pada kuartal I/2022 sebesar 158,8 persen menjadi US$168,4 per ton.

Dari total penjualan tersebut, ekspor ke Asia Timur mendominasi dengan nilai US$117,35 juta, kemudian disusul ekspor ke Eropa US$10,83 juta dan Asia Selatan US$9,19 juta. Penjualan ke pasar domestik tercatat berjumlah US$14,78 juta. Editor : Farid Firdaus

Inventories in Warehouses Are Thin, Nickel Prices Soar 5.6%!

Robertus Andrianto, CNBC Indonesia

W

ORLD nickel prices soared in today's trading driven by declining warehouse inventories.

On Monday (6/6/2022) at 15.06 WIB, the world nickel price was recorded at US$

29,700/ton, up 5.62% compared to the closing price last weekend.

Nickel ore inventories at Chinese ports fell by 343,000 wet metric tons compared to last week to 5.057 million wmt. The total Ni content decreased by 3,000 wmt to 39,800 wmt.

Nickel ore port inventories at China's seven main ports stood at 2.175 million wmt, 83,000 wmt lower than last week.

Shipments of nickel ore from the Philippines are recovering gradually due to better weather conditions, but the number of arrivals is less than expected.

Persediaan di Gudang Makin Tipis, Harga Nikel Melonjak

5,6%!

Robertus Andrianto, CNBC Indonesia

H

ARGA nikel dunia melejit pada perda- gangan hari ini terdorong oleh persediaan di gudang yang menurun.

Pada Senin (6/6/2022) pukul 15.06 WIB harga nikel dunia tercatat US$ 29.700/ton, melesat 5,62% dibandingkan dengan harga penutupan akhir pekan lalu.

Persediaan bijih nikel di pelabuhan China turun 343.000 ton basah (wet metric ton) dibandingkan minggu lalu menjadi 5,057 juta wmt. Total kandungan Ni turun 3.000 wmt menjadi 39.800 wmt.

Inventaris pelabuhan bijih nikel di tujuh pelabuhan utama China mencapai 2,175 juta wmt, lebih rendah 83.000 wmt dari minggu lalu.

Pengiriman bijih nikel dari Filipina pulih secara bertahap karena kondisi cuaca yang lebih baik, tetapi jumlah kedatangan kurang dari yang diharapkan.

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On the demand side, nickel smelters pick up goods on time, thereby depleting some of the port's inventory. Nickel ore inventories at the port are expected to remain within a certain range in the near term.

Meanwhile, inventory in warehouses monitored by the London Metal Exchange (LME) was recorded at 71,472 tons. That number is down 30% since the start of this year. CNBC INDONESIA RESEARCH TEAM (ras/vap)

Di sisi permintaan, pabrik peleburan nikel mengambil barang tepat waktu, sehingga menghabiskan beberapa persediaan pelabuhan. Inventaris bijih nikel di pelabuhan diperkirakan akan tetap dalam kisaran tertentu dalam jangka pendek.

Sementara persediaan di gudang yang dipantau oleh bursa logam London (LME) tercatat 71.472 ton. Jumlah tersebut turun 30% sejak awal tahun ini. TIM RISET CNBC INDONESIA (ras/vap)

Indonesia will have 53 smelters in 2024

Author: Anrischa P, Editor: Mayang S.

T

HE CONSTRUCTION of smelter facilities in Indonesia continues to be carried out in order to realize downstreaming in an effort to increase the added value of minerals.

Until the end of 2021, the Ministry of Energy and Mineral Resources (MEMR) has recorded that as many as 21 smelters have been operating in Indonesia and are targeting an additional 7 smelters, so that there are 28 smelters to operate in 2022.

Based on data from the Ministry of EMR on the website geoportal.esdm.go.id, the 21 smelters that have been operating in Indonesia until 2021 are as follows:

1. PT Century Metalindo (Nickel) – Banten

2. PT Sumber Baja Prima (Iron) - West Java

3. PT Fajar Bhakti Lintas Nusantara (Nickel) – North Maluku

4. PT Gebe Industry Nickel (Nickel) – North Maluku

5. PT Wanatiara Persada (Nickel) – North Maluku

Indonesia Akan Miliki 53 Smelter Tahun 2024

Penulis: Anrischa P, Editor: Mayang S.

P

EMBANGUNAN fasilitas smelter di Indonesia terus dilakukan guna mewujudkan hilirisasi dalam rangka upaya peningkatan nilai tambah mineral. Hingga akhir 2021, Kementrian Energi dan Sumber Daya Mineral (ESDM) telah men- catat sebanyak 21 smelter telah beroperasi di Indonesia dan menargetkan adanya penambahan 7 smelter, sehingga terdapat 28 smelter untuk beroperasi ditahun 2022.

Berdasarkan data Kementrian ESDM pada website geoportal.esdm.go.id, 21 smelter yang telah beroperasi di Indonesia hingga tahun 2021 adalah sebagai berikut:

1. PT Century Metalindo (Nikel) – Banten 2. PT Sumber Baja Prima (Besi) - Jawa

Barat

3. PT Fajar Bhakti Lintas Nusantara (Nikel) – Maluku Utara

4. PT Gebe Industry Nickel (Nikel) – Maluku Utara

5. PT Wanatiara Persada (Nikel) – Maluku Utara

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6. PT Virtue Dragon Nickel Industry (Nickel) – Southeast Sulawesi

7. PT Halmahera Persada Lygend (Nickel) – North Maluku

8. PT Indonesia Chemical Alumina (Bauxite) – West Kalimantan

9. PT Megah Surya Pertiwi (Nickel) – North Maluku

10. PT Cor Industri Indonesia (Nickel) – Central Sulawesi

11. PT Vale Indonesia Tbk (Nickel) – South Sulawesi

12. PT Well Harvest Winning Alumina Refinery (Bauxite) – West Kalimantan 13. PT Aneka Tambang Tbk (Nickel) –

Southeast Sulawesi

14. PT Sulawesi Mining Investment (Nickel) – Central Sulawesi

15. PT Tsingshan Steel Indonesia (Nickel) – Central Sulawesi

16. PT Batutua Tembaga Raya (Copper) – Maluku

17. PT Smelting (Copper) – East Java 18. PT Primer Budidaya Industri

(Manganese) – East Java

19. PT Weda Bay Nickel (Nickel) – North Maluku

20. PT Cahaya Modern Metal Industri (Nickel) - Banten

21. PT Halmahera Persada Legend (Nickel) - North Maluku

The success of downstreaming was carried out by banning the export of mineral raw materials, starting with nickel ore in 2020, followed by a ban on exports of bauxite ore this year, and a ban on exports of tin and copper ore in 2023.

Therefore, to support this policy, the government targeting the construction of 53 smelters by 2024 consisting of 30 nickel smelters, 11 bauxite smelters, 4 copper smelters, 4 iron smelters, 2 manganese smelters, 1 zinc smelter, and 1 lead smelter with a total investment of US$ 21.59 billion with a total investment of US$ 21.59 billion.

electricity demand reaches 5.6 GW.

6. PT Virtue Dragon Nickel Industry (Nikel) – Sulawesi Tenggara

7. PT Halmahera Persada Lygend (Nikel) – Maluku Utara

8. PT Indonesia Chemical Alumina (Bauksit) – Kalimantan Barat

9. PT Megah Surya Pertiwi (Nikel) – Maluku Utara

10. PT Cor Industri Indonesia (Nikel) – Sulawesi Tengah

11. PT Vale Indonesia Tbk (Nikel) – Sulawesi Selatan

12. PT Well Harvest Winning Alumina Refinery (Bauksit) – Kalimantan Barat 13. PT Aneka Tambang Tbk (Nikel) –

Sulawesi Tenggara

14. PT Sulawesi Mining Investment (Nikel) – Sulawesi Tengah

15. PT Tsingshan Steel Indonesia (Nikel) – Sulawesi Tengah

16. PT Batutua Tembaga Raya (Tembaga) – Maluku

17. PT Smelting (Tembaga) – Jawa Timur 18. PT Primer Budidaya Industri (Mangan)

– Jawa Timur

19. PT Weda Bay Nickel (Nikel) – Maluku Utara

20. PT Cahaya Modern Metal Industri (Nikel) - Banten

21. PT Halmahera Persada Legend (Nikel) - Maluku Utara

Berhasilnya hilirisasi dilakukan dengan melarang ekspor bahan mentah mineral, dimulai dengan bijih nikel pada tahun 2020, kemudian akan dilanjutkan pelarangan ekspor bijih bauksit pada tahun ini, dan pelarangan ekspor bijih timah dan tembaga pada tahun 2023.

Oleh karena itu, untuk mendukung kebijakan tersebut, pemerintah menargetkan pembangunan smelter berjumlah 53 smelter hingga tahun 2024 terdiri dari 30 smelter nikel, 11 smelter bauksit, 4 smelter tembaga, 4 smelter besi, 2 smelter mangan, 1 smelter seng, dan 1 smelter timbal dengan total investasi mencapai US$ 21,59 miliar dengan kebutuhan listrik mencapai 5,6 GW.

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Stronger China demand prospects propel copper to five-week peak

By: Reuters

C

OPPER prices climbed to five-week highs on Monday after the lifting of Covid-lockdowns in top consumer China boosted demand prospects while dwindling inventories provided further support.

Benchmark copper on the London Metal Exchange (LME) was up 2.4% at $9 726 a tonne by 09:27 GMT, having earlier touched its highest since April 27 at $9,916.19.

"China has slowly been reopening and has been announcing policy measures to support the economy ... the market appears to continue to be pricing in a further rebound in Chinese activity over the coming months," said Citi analyst Max Layton.

"We agree with this directionally but remain cautious as we still believe a timely and decisive rollout of stimulus measures, over and above what has been announced, from China is required to support prices at current levels."

CHINA: Beijing and Shanghai have been returning to normal in recent days after two months of isolation.

STIMULUS: China's cabinet last week announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy. Read full story

China's central bank, meanwhile, said it will strengthen the implementation of its prudent monetary policy and bring forward steps to support the economy.

INVENTORIES: Stocks of copper in LME-registered warehouses, at 140 975 t, have dropped more than 20% since the middle of May.

Cancelled warrants - metal earmarked for delivery - at 34% indicate that more metal is due to leave the LME system.

TECHNICALS: Support for copper comes in around $9 700, where the 200-day moving average currently sits, and resistance to higher levels comes from the 50-day moving average at about $9 840.

DOLLAR: Support for industrial metals also comes from a weaker U.S. currency, which makes dollar-priced commodities cheaper for holders of other currencies.

OTHER METALS: Aluminium was up 1.7% at $2 773/t, zinc rose 0.7% to $3 892, lead gained 0.5% to $2 179, tin slipped 0.7% to $34 700 and nickel climbed 5.5% to $29 670.

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Metso Outotec wins major equipment order for Almalyk MOF-3 copper concentrator

Posted by Daniel Gleeson

M

ETSO Outotec says it has signed a contract to deliver key process technology to Almalyk Mining and Metallurgical Company’s MOF3 copper-gold-molybdenum concentrator complex in Almalyk, in the Tashkent region of Uzbekistan.

The planned capacity of the plant, which is situated next to the Yoshlik-1 deposit, is 60 Mt/y, with the contract value exceeding €100 million ($107 million).

Metso Outotec’s scope of delivery consists of the basic engineering, manufacturing, and supply of the HIGMill® regrinding mills, TankCell® flotation equipment and high-rate thickeners, FrothSense+™ froth cameras, Larox® PF filters, slurry pumps and MHC™ Series hydrocyclones, as well as samplers, Courier™ 6X SL elemental on-line analysers and PSI500i particle size analysers, a state-of-the-art process control system, and installation and commissioning advisory services and spare parts.

Markku Teräsvasara, President of the Minerals business area at Metso Outotec, said: “We are very happy for being trusted with this landmark order.

“Special emphasis has been put on optimising metallurgical performance and energy efficiency of the concentrator plant. Our delivery will feature several Planet Positive technologies contributing to sustainable operations,” says.

Iron ore price sees biggest weekly gain since March on China demand optimism

MINING.COM Staff Writer

T

HE IRON ore price topped up its biggest weekly gain in 13 weeks as traders tracked China’s moves to rein in covid-19 restrictions that have weighed on steel demand this quarter.

Beijing authorities said the capital will resume public transport in most districts, restart dine- in restaurant services and allow workers to return to offices. This comes after the city achieved zero new community cases in most of its 16 districts.

The steel-making ingredient shot through $140 a tonne last week after spending most of May fluctuating around $130 a tonne.

Benchmark 62% Fe fines imported into Northern China rose 1.8% Monday morning, to

$144.55 per tonne.

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Futures in Dalian climbed 1.1% after a trading pause for a public holiday on Friday.

Iron ore inventories at major ports plunged to their lowest levels for the year, reaching an eight-month low, according to Steelhome data.

And steelmaking margins are expanding again after shrinking to a 15-month low in May.

Still, investors will likely await firmer signs that China’s cities won’t move back into lockdowns again given the country’s Zero Covid policy. And any production curbs on steel will also be monitored after an earlier pledge for output to drop again this year, Baocheng Futures wrote in a note. (With files from Reuters)

Thailand coal miner Banpu to use windfall for clean energy transition

Bloomberg

T

HAILAND’s largest coal miner Banpu Corp. is planning to take the windfall profits it’s currently making from the fossil fuel and use them to become a cleaner energy company.

Banpu is aiming to reduce the proportion of revenue it generates from coal from around two- thirds now to 50% by 2025, according to Chief Executive Officer Somruedee Chaimongkol. It will replace those earnings with a mixture of natural gas production and power generation, as well as green technologies including solar and carbon capture, she said.

“This is a good time for us to speed up our transformation process,” Somruedee said in an interview. “We expect coal prices to remain high through next year, which will help maintain our strong cash flow. We will use this strength to invest in greener businesses in bigger scale.”

The dirtiest fossil fuel is enjoying a revival after shortages in China last year saw the government encourage more mining and Russia’s invasion of Ukraine pushed up energy prices across the board. That’s threatening to slow the pace of decarbonization in many economies, but is a boon for miners like Banpu, which saw a sixfold jump in profit in the first quarter from a year earlier.

The Thai company is planning $1.3 billion of capital expenditure this year, with $750 million of that going on a deal to buy natural gas assets in Texas from Exxon Mobil Corp. that’s expected to be concluded this month. Those assets will be added to its American unit, BKV Corp., which the company is planning to list in the US, Somruedee said. [Suttinee Yuvejwattana]

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Copper production in Peru down 1.7% in April, ministry says

By Vladimir Basov

A

CCORDING to the Ministry of Energy and Mines of Peru (MINEM), copper production in Peru, the world’s second largest copper producing country, amounted to 170,168 tonnes in April 2022, down 1.7% compared to April 2021 (173,159 tonnes).

However, MINEM added that accumulated copper production in Peru in January-April 2022 of 723,917 tonnes was 2.8% higher than a year ago, due to an improved performance from major copper producers, including Antamina Mining Company S.A. (+4.7%), Cerro Verde Mining Society S.A.A. (+10.5%) and Minera Chinalco Peru S.A. (+7.0%).

The ministry noted that the Mina Justa mining unit, operated by Marcobre S.A.C., also contributed to the increase in the country’s copper output.

At the company level, Compañía Minera Antamina S.A. is first with a 21.3% share in total Peru’s copper output in April, followed by Sociedad Minera Cerro Verde S.A.A. (20.7%) and Southern Peru Copper Corporation (12.8%).

The ministry added that at the regional level, Áncash is first with a 21.5% share in the country’s total copper production in April, followed by Arequipa (20.9%) and Apurímac (11.7%).

Coal India Aims at green mining, to increase production from underground mines: CIL Chairman

T

O tackle global warming, state-owned Coal India (CIL) is aiming at green mining options and increase production from its underground mines, which are favourable for cleaner ecosystem, through installation of technologies.

"The company is also aiming at green mining options and planning to increase its underground output," CIL's Chairman Pramod Agrawal said.

Agrawal's comments come at a time when there have been concerns about global climate change on account of the burning of fossil fuels including coal, resulting into greenhouse gas emission.

Coal India, which accounts for more than 80% of the domestic coal output, is setting up coal handling plant/silos in 35 projects under the first phase of the first-mile connectivity, and will continue in the second phase as well for environmentally cleaner transportation of coal.

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Stating that CIL is committed to preservation of environment and creating a green canopy around its mining areas, the chairman said that the public sector unit planted over 30.4 lakh saplings during FY22, expanding its green cover to 1,468.5 hectares.

Agrawal said that 27 eco parks and mine tourism projects have been developed as on date.

Satellite surveillance indicates that 76 major open-cast projects have reclaimed 62.5% of excavated area limiting active mining area to 37.5%.

For every hectare of land degraded due to mining, CIL created green cover of around 2 hectares of land.

Meanwhile, the coal dispatch by CIL to captive power plants and sectors like cement registered a decline in May as compared to the year-ago month.

While the fuel supply by CIL to captive power plants dropped 39.74% in May 2022 over the year-ago period, dispatch to the cement sector declined 16.74%, as per the latest government data.

India has recently eased the environment approvals for coal mine expansions to boost output amid fuel shortages that have triggered hours-long blackouts. With agency inputs

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