Daily News Update Page 1
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
TABLE OF CONTENTS
No. Title Media Source Page
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Jump 16% in a Week, Coal Price Returns to US$ 400/Ton Lompat 16% Sepekan, Harga Batu Bara Kembali ke US$
400/Ton
Minister of EMR Asks Vale Indonesia (INCO) to Boost Nickel Derivative Industry
Menteri ESDM Minta Vale Indonesia (INCO) Genjot Industri Turunan Nikel
Nickel Becomes Antam's (ANTM) Main Catalyst, This Is Its New Stock Price Target!
Nikel Jadi Katalis Utama Antam (ANTM), Target Harga Sahamnya Baru nih!
Agincourt Resources Distributes Rp 1.87 Billion Scholarship in Martabe
Agincourt Resources Gelontorkan Beasiswa Rp1,87 Miliar di Martabe
Government Confirms Ex-Freeport Gold Mine Still Owns the State
Pemerintah Tegaskan Tambang Emas Eks Freeport Masih Milik Negara
The Minister of EMR to Control the RKAB of the Opaque Tin Mine
Menteri ESDM Akan Tertibkan RKAB Buram Tambang Timah IUP Was Revoked, Bahlil Restored 80 Mining Companies' Operating Permits
IUP Sempat Dicabut, Bahlil Pulihkan Izin Operasi 80 Perusahaan Tambang
Already 16% Fly, Coal Price Where Are You Going?
Sudah Terbang 16%, Harga Batu Bara Mau ke Mana?
Indonesia revokes thousands of mining permits covering over 3 million hectares
Indonesia lawmakers call for tougher rules to avert another coal crisis
CNBC Indonesia
Kontan
Investor Daily
Bisnis
Katadata
Suara.com
Bisnis
CNBC Indonesia
Mining.com
Mining Weekly
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Daily News Update Page 2
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
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Orica’s wireless blasting tech overcomes magnetite challenges at LKAB Kiruna
China's July daily coal output jumps 16% year on year on peak summer demand
Stanmore acquires all of former BHP Mitsui Coal
Việt Nam to increase coal imports in 2025-35: Ministry
Coal giants are making mega profits as climate crisis grips the world
Int’l Mining
Channel News Asia
Australian Mining Vietnam News Mining.com
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Daily News Update Page 3
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
Review of the Week
Jump 16% in a Week, Coal Price Returns to US$ 400/Ton
Robertus Andrianto, CNBC Indonesia
W
ORLD coal prices rose after being depressed throughout last week's trading.The European boycott of Russian coal was the main driver.
During the second week of August, the price of the black gold shot up 16.22%
point-to-point/ptp to US$403 per tonne.
This achievement reversed a loss of 14.49% ptp the previous week.
Europe is still not free from the grip of fears of an energy crisis due to the shortage of gas supplies from Russia due to the imposition of sanctions. When the threat became more real, countries on the blue continent began to stop imports of coal from Russia.
The goal is to make Russia lose money because its coal trading activities stop. The EU's Energy and Housing Committee estimates the Kremlin's losses to be up to EUR8 billion.
The rising European gas prices have also driven coal prices this week. European coal prices with reference to Rotterdam during the week jumped 6.25% ptp to EUR206.4 per MWh.
Coal is an alternative energy to gas. So that when gas prices soared, demand turned to coal which made the price also shot up.
Market participants see this embargo even more torturing Europe when winter arrives because it will make that period even more frosty.
Review Sepekan
Lompat 16% Sepekan, Harga Batu Bara Kembali ke
US$400/Ton
Robertus Andrianto, CNBC Indonesia
H
ARGA batu bara dunia bangkit setelah tertekan sepanjang perdagangan pekan lalu.Boikot batu bara Rusia oleh Eropa jadi pendorong utama.
Sepanjang pekan kedua Agustus, harga si emas hitam melesat 16,22% secara point-to- point/ptp ke posisi US$403 per ton. Pen- capaian ini membalikkan kerugian sebesar 14,49% ptp pada pekan sebelumnya.
Eropa masih belum lepas dari cengkeraman kekhawatiran krisis energi akibat seretnya pasokan gas dari Rusia imbas pemberlakuan sanksi. Kala ancaman kian nyata, negara- negara di benua biru memulai menghentikan impor batu bara dari Rusia.
Tujuannya adalah membuat Rusia merugi karena aktivitas perdagangan batu baranya berhenti. Komite Energi dan Perumahan Uni Eropa memperkirakan kerugian Kremlin hingga EUR8 miliar.
Harga gas Eropa yang meninggi juga jadi pendorong harga batu bara pekan ini. Harga batu bara Eropa dengan acuan Rotterdam selama sepekan melonjak 6,25% ptp men- jadi EUR206,4 per MWh.
Batu bara adalah energi alternatif bagi gas.
Sehingga ketika harga gas melonjak, permintaan pun beralih ke batu bara yang membuat harganya turut melesat. Para pelaku pasar melihat embargo ini malah makin menyiksa Eropa saat musim dingin tiba karena akan membuat masa itu menjadi lebih beku.
Daily News Update Page 4
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
Meanwhile, the surface of the Rhine river in Germany is shrinking to a range of 40 cm. As a result, it can not be passed by the transporter of export commodities. In fact, the contribution of the Rhine to the trade of goods in Germany reaches 80%.
Fitch Solutions said the ban on Russian coal imports would boost coal prices in two different ways.
First, the policy will increase demand for imports from coal producing countries such as Indonesia and Australia. Second, the European plan to replace Russian gas supply will reduce gas demand and vice versa coal demand will increase. With such conditions, Fitch estimates that coal prices will remain high in the future.
Fitch has also raised its forecast for the price of Asian thermal coal shipped from the Port of Newcastle. The average coal price will be at US$320 per ton this year, from US$230 per tonne in the previous projection.
The average coal price will slope to US$246 per tonne in 2022-2023. This projection is higher than the previously issued US$159 per tonne.
European Hunt for Coal
The embargo on Russian products forced Europe to look for alternative suppliers of coal to make up for lost Russian supplies.
Russia's position for Europe to supply coal is very strategic. According to data released by BP Energy, Europe will meet 48 percent of its coal imports from Russia in 2021.
Sementara itu, permukaan sungai Rhine di Jerman kian menyusut hingga ke kisaran 40 cm. Alhasil tidak bisa dilalui oleh pengangkut komoditas ekspor. Padahal kontribusi sungai Rhine terhadap lau lintas perdagangan barang di Jerman mencapai 80%.
Fitch Solutions mengatakan larangan impor batu bara Rusia akan melambung- kan harga batu bara melalui dua cara yang berbeda.
Pertama, kebijakan tersebut akan mem- buat permintaan impor kepada negara produsen batu bara seperti Indonesia dan Australia melesat. Kedua, rencana Eropa untuk menggantikan pasokan gas Rusia akan membuat permintaan gas berkurang dan sebaliknya permintaan batu bara akan meningkat. Dengan kondisi seperti itu, Fitch memperkirakan harga batu bara akan tetap tinggi dalam beberapa waktu ke depan.
Fitch juga telah menaikkan proyeksi harga batu bara thermal Asia yang dikirim dari Pelabuhan Newcastle. Rata-rata harga batu bara akan berada di US$320 per ton untuk tahun ini, dari US$230 per ton pada proyeksi sebelumnya.
Rata-rata harga batu bara akan melandai menjadi US$246 per ton pada 2022-2023.
Proyeksi ini lebih tinggi dibandingkan yang dikeluarkan sebelumnya yakni US$159 per ton.
Perburuan Eropa Mencari Batu Bara Embargo terhadap produk Rusia memaksa Eropa mencari pemasok alternatif batu bara untuk menutup pasokan Rusia yang hilang. Posisi Rusia bagi Eropa untuk memasok batu bara sangat strategis.
Menurut data yang dirilis oleh BP Energy, Eropa memenuhi 48% kebutuhan impor batu baranya dari Rusia pada 2021.
Daily News Update Page 5
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The challenge of meeting supply will be even greater for Europe if it does not enter into an energy crisis. In addition to energy transfers that were blocked by conflict and the approaching winter, Europe had to travel to faraway lands to get coal. It is estimated that Europe will eventually buy more coal from the United States (US), South America, and countries in Africa.
The prices of coal from Tanzania, Kazakhstan and Nigeria are quite competitive with those of South Africa, and the US, which is also the reason why European buyers are attracted to source material from these regions.
"If they [European buyers] have less choice, they should take whatever is available as an alternative to Russian coal.
Good quality Tanzanian coal with a NAR grade of 6,000 kcal/kg, one small cargo has also come to India.
Tantangan memenuhi pasokan makin besar bagi eropa jika tidak masuk ke dalam krisis energi. Selain karena transfer energi yang mampet karena konflik dan semakin dekat dengan musim dingin, Eropa harus ber- petualang ke negeri yang jauh untuk men- dapatkan batu bara. Diperkirakan Eropa pada akhirnya akan membeli lebih banyak batu bara dari Amerika Serikat (AS), Amerika Selatan, dan negara-negara di Afrika.
Harga batubara dari Tanzania, Kazakhstan, dan Nigeria cukup kompetitif dengan harga Afrika Selatan, dan AS, yang juga merupakan alasan mengapa pembeli Eropa tertarik untuk mendapatkan bahan dari wilayah ini.
"Jika mereka [pembeli Eropa] memiliki lebih sedikit pilihan, mereka harus mengambil apa pun yang tersedia sebagai alternatif batu- bara Rusia. Batubara Tanzania berkualitas baik dengan kadar NAR 6.000 kkal/kg, satu kargo kecil juga telah datang ke India.
48.2%
14.6% 14.4% 13.5%
2.1% 1.8%
0.5% 0.5%
Daily News Update Page 6
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The port restrictions are there in Tanzania but for Europe this is perfect coal in terms of quality," said an India-based trader with deals in European markets.
"Since Kazakhstan is not sanctioned, people will accept it too, but the grade is slightly lower than South African coal."
Imports from South Africa, Indonesia and Australia are also said to have continued.
"I have ordered eight Capesizes from Australia for September, almost 1 million mt from South Africa and some from Indonesia as well," said a source as quoted by Hellenic Shipping News (1/8/2022).
One of the countries that the Blue Continent is also partnering with is Indonesia. Geographically, the distance between Indonesia and Europe is tens of thousands of kilometers. The effect is that shipping costs are getting bigger which makes the cost to get coal higher and the travel time longer.
"It goes without saying that transporting coal further and further requires greater carbon costs, which means that what was already a highly carbon-intensive energy source is becoming even more so," said Daniel Read, climate and energy campaigner at Japanese Greenpeace.
Changes in new trade flows also occur and are increasingly expensive. Dirty coal will become more hated, but also more needed.
CNBC INDONESIA RESEARCH TEAM (ras/ras)
Pembatasan pelabuhan ada di sana di Tanzania tetapi untuk Eropa, ini adalah batu bara yang sempurna dalam hal kualitas," kata seorang pedagang yang berbasis di India dengan transaksi di pasar Eropa.
"Karena Kazakhstan tidak dikenai sanksi, orang akan menerimanya juga, tetapi kadarnya sedikit lebih rendah daripada batu bara Afrika Selatan."
Impor dari Afrika Selatan, Indonesia, dan Australia juga dikatakan terus berlanjut.
"Saya telah memesan delapan Capesizes dari Australia untuk September, hampir 1 juta mt dari Afrika Selatan dan beberapa dari Indonesia juga," kata seorang sumber seperti yang dikutip oleh Hellenic Shipping News (1/8/2022).
Salah satu negara yang juga digandeng Benua Biru adalah Indonesia. Secara geografi jarak Indonesia dan Eropa mencapai belasan ribu kilometer. Efeknya adalah biaya pengiriman yang makin besar yang membuat kocek untuk mendapatkan batu bara akan semakin tinggi dan waktu perjalanan yang lebih lama.
"Tak perlu dikatakan bahwa mengangkut batu bara lebih jauh dan lebih jauh me- merlukan biaya karbon yang lebih besar, yang berarti bahwa apa yang sudah men- jadi sumber energi yang sangat intensif karbon menjadi lebih parah lagi," kata Daniel Read, juru kampanye iklim dan energi di Greenpeace Jepang.
Perubahan arus perdagangan baru pun terjadi dan makin mahal. Batu bara yang sudah kotor akan menjadi lebih dibenci, tapi juga semakin dibutuhkan. TIM RISET CNBC INDONESIA (ras/ras)
Daily News Update Page 7
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
Minister of EMR Asks Vale Indonesia (INCO) to Boost Nickel
Derivative Industry
Reporter: Filemon Agung | Editor: Tendi Mahadi
T
HE MINISTER of Energy and Mineral Resources (MEMR) asked PT Vale Indonesia Tbk (INCO) to boost investment in the nickel derivative industry. This was stated by Arifin when he visited PT Vale Indonesia Tbk (INCO) nickel mine in Sorowako, South Sulawesi on Saturday (13/8).Arifin appreciated Vale's efforts in encouraging resource processing. He hopes that Indonesia can become a leading player in nickel mining.
Furthermore, Arifin asked PT Vale to increase the production of processed nickel derivatives through downstream, in order to provide more optimal added value and increase investment and also create massive employment opportunities for the surrounding population.
"Earlier we discussed with management how in the future Indonesia can also have an industry to produce nickel powder.
There is not much nickel powder in the world. We have nickel, why don't we make it from core to purified nickel at once," said the Minister of EMR to the ranks PT Vale Indonesia was quoted from an official statement, Sunday (14/8).
Currently, PT Vale Indonesia already has a nickel processing and refining facility in Sorowako with a capacity of 70,000 tons of nickel matte. In addition to the existing project, Vale plans to build three new smelters.
Menteri ESDM Minta Vale Indonesia (INCO) Genjot Industri
Turunan Nikel
Reporter: Filemon Agung | Editor: Tendi Mahadi
M
ENTERI Energi dan Sumber Daya Mineral (ESDM) meminta PT Vale Indonesia Tbk (INCO) menggenjot investasi untuk industri turunan nikel. Hal ini diutarakan Arifin saat mengunjungi tambang nikel PT Vale Indonesia Tbk (INCO) di Sorowako, Sulawesi Selatan pada Sabtu (13/8).Arifin mengapresiasi upaya Vale dalam mendorong pengolahan sumber daya. Ia berharap, Indonesia dapat menjadi pemain unggulan dalam pertambangan nikel.
Lebih lanjut, Arifin meminta kepada PT Vale untuk meningkatkan produksi olahan dari turunan nikel melalui hilirisasi, agar bisa memberikan nilai tambah yang lebih optimal serta meningkatkan investasi dan juga membuka lapangan pekerjaan yang masif bagi penduduk sekitar.
"Tadi kami sudah bicarakan dengan mana- jemen, bagaimana ke depannya Indonesia juga bisa memiliki industri untuk mem- produksi nikel powder. Nikel powder ini tidak banyak di dunia. Kita punya nikelnya, kenapa tidak sekaligus kita bikin dari core sampai purified nikel," ujar Menteri ESDM kepada jajaran PT Vale Indonesia dikutip dari keterangan resmi, Minggu (14/8).
Saat ini, PT Vale Indonesia sudah memiliki satu fasilitas pengolahan dan pemurnian nikel di Sorowako dengan kapasitas 70.000 ton nikel matte. Selain proyek eksisting tersebut, Vale merencanakan pembangunan tiga smelter baru.
Daily News Update Page 8
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
First, the Reduction Kiln-Electric Furnace (RKEF) nickel processing facility with an estimated production of 73,000 tons in the form of FeNi (ferronickel) in Morowali, Central Sulawesi.
Second, the Pomalaa High Pressure Acid Leaching (HPAL) plant construction project located in Kolaka Regency, Southeast Sulawesi with a potential production capacity of 120,000 tons.
The development project for the Integrated Nickel Commodity Processing and Refining Facility with Mining in Central Sulawesi and Southeast Sulawesi has been designated as a National Strategic Project.
Furthermore, the last is the plan to build the HPAL plant, which is the Sorowako smelter expansion project with a target production capacity of around 60 kilo tons of nickel.⧫
Pertama, fasilitas pengolahan nikel Reduction Kiln-Electric Furnace (RKEF) dengan perkiraan produksi sebesar 73.000 ton dalam bentuk FeNi (feronikel) di Morowali, Sulawesi Tengah.
Kedua, proyek pembangunan pabrik High Pressure Acid Leaching (HPAL) Pomalaa yang berlokasi di Kabupaten Kolaka Sulawesi Tenggara dengan potensi kapasitas produksi mencapai 120.000 ton.
Proyek pembangunan Fasilitas Pengolahan dan Pemurnian Komoditas Nikel Ter- integrasi dengan Penambangan di Sulawesi Tengah dan Sulawesi Tenggara ini telah di- tetapkan sebagai Proyek Strategis Nasional.
Selanjutnya yang terakhir adalah rencana pembangunan pabrik HPAL yang merupakan proyek ekspansi smelter Sorowako dengan target kapasitas produksi sekitar 60 kilo ton nikel.⧫
Nickel Becomes Antam's (ANTM) Main Catalyst, This Is Its New
Stock Price Target!
Ely Rahmawati
P
T ANEKA Tambang Tbk (ANTM) or Antam is capturing growth opportunities in the second semester of 2022 amid global uncertainty that is depressing performance. Despite only targeting conservative gold sales, stability in the nickel segment remains the main catalyst for Antam's overall profitability.RHB Sekuritas maintains its recommen- dation to buy ANTM with a new target price of Rp 3,180 from the previous Rp 3,450. The price target...
Nikel Jadi Katalis Utama Antam (ANTM), Target Harga
Sahamnya Baru nih!
Ely Rahmawati
P
T ANEKA Tambang Tbk (ANTM) atau Antam tengah menangkap peluang per- tumbuhan pada semester II-2022 di tengah ketidakpastian global yang menekan kinerja. Meskipun hanya menargetkan penjualan emas yang konservatif, stabilitas di segmen nikel tetap menjadi katalis utama bagi profitabilitas Antam secara keseluruhan.RHB Sekuritas mempertahankan rekomen- dasi beli ANTM dengan target harga baru Rp 3.180 dari sebelumnya Rp 3.450. Target harga tersebut...
Daily News Update Page 9
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The price target was determined after analysts lowered Antam's 2023-2024 revenue projections by 3% and 8%, respectively, in response to this year's conservative gold sales target.
Antam is only targeting 900 thousand oz gold by 2022, down 5% (yoy), and pressure from higher global interest rates is reducing its selling price momentum for now.
However, according to RHB Sekuritas analyst Andrey Wijaya, nickel prices are still at a high level, namely in the range of US$ 22,000 and 20,800 per tonne (based on LME) for the 2022 and 2023 projections. Challenges remain, namely the European Union natural gas crisis, rising global interest rates, and the problems of the Chinese property market, but in the short term.
“Nickel fundamentals in the long term remain positive. The potential surplus from increased supply (additional volume from Indonesia) is likely to be countered by faster EV adoption. The nickel market will return to a deficit in the next 5-10 years, based on the Wood Mackenzie study," Andrey wrote in a recent research.
He said Antam had anticipated a rate hike by limiting the prospect of gold. The strength of the US dollar remains a hindrance to the movement of this safe- haven asset. “We could see some resistance in gold prices around U$1,750/oz (ytd average is U$1,820/oz) for a while.
Meanwhile, the average selling price of ANTM's gold is at US$ 1,800/oz, down 3%
compared to the previous year,” said Andrey.
Overall, ANTM's operations must remain healthy, given the stable nickel business amid strengthening average selling prices (+14% yoy this year).
Target harga tersebut ditentukan setelah analis menurunkan proyeksi pendapatan Antam pada 2023-2024 masing-masing sebesar 3% dan 8% sebagai tanggapan terhadap target penjualan emas yang konservatif pada tahun ini.
Antam hanya menargetkan 900 ribu oz emas pada 2022 atau turun 5% (yoy), dan tekanan dari suku bunga global yang lebih tinggi mengurangi momentum harga jualnya untuk saat ini.
Meski demikian, menurut analis RHB Sekuritas Andrey Wijaya, harga nikel masih berada pada level yang tinggi, yakni pada kisaran US$ 22.000 dan 20.800 per ton (berdasarkan LME) untuk proyeksi 2022 dan 2023. Tantangan tetap ada, yaitu krisis gas alam Uni Eropa, kenaikan suku bunga global, dan masalah pasar properti Tiongkok, namun untuk jangka pendek.
“Fundamental nikel dalam jangka panjang tetap positif. Potensi surplus dari peningkatan pasokan (tambahan volume dari Indonesia) kemungkinan akan dilawan dengan adopsi EV yang lebih cepat. Pasar nikel akan kembali defisit dalam 5-10 tahun ke depan, berdasarkan studi Wood Mackenzie,” tulis Andrey dalam riset terbaru.
Dia menyebut Antam telah mengantisipasi kenaikan suku bunga dengan membatasi prospek emas. Kekuatan dolar AS tetap menjadi rintangan bagi pergerakan aset safe haven ini. “Kita bisa melihat beberapa resistensi pada harga emas di kisaran US$
1.750/oz (rata-rata ytd adalah US$
1.820/oz) untuk sementara waktu.
Sedangkan harga jual rata-rata emas ANTM pada US$ 1.800/oz, turun 3% dibanding tahun sebelumnya,” ungkap Andrey.
Secara keseluruhan, operasi ANTM harus tetap sehat, mengingat bisnis nikel yang stabil di tengah penguatan harga jual rata- rata (+14% yoy tahun ini).
Daily News Update Page 10
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The increase in nickel ore sales volume is projected to increase by 30%, which will offset flat guidance for the ferronickel segment due to expectations of lower export demand.
The increase in the topline of the combined nickel segment will be the main driver for margin expansion, leading to strong growth for the bottomline (+67% yoy), which analysts estimate is 20-25% lower than consensus. The company's operational stability should be able to dampen negative sentiment from the latest news about gold transaction malpractice in 2018.
“ANTM's management is preparing a judicial review of the allegations (a lawsuit of Rp. 1 trillion has been filed). So far there are no further details from the company,"
said Andrey.
The 4% ESG discount has been included in the RHB Sekuritas valuation, based on the ownership methodology with a 2022 EV/EBITDA target of 12 times. Meanwhile, the short-term risks are issues related to high emissions from increased consump- tion of fossil fuels and environmental exploitation. Other risks include changes in government regulations and a further downward trend in commodity prices.
Editor : Jauhari Mahardhika
Peningkatan volume penjualan bijih nikel diproyeksi naik 30%, yang akan meng- imbangi panduan datar untuk segmen feronikel karena ekspektasi permintaan ekspor yang lebih rendah.
Peningkatan topline dari gabungan segmen nikel bakal menjadi pendorong utama untuk ekspansi margin, yang mengarah ke pertumbuhan yang kuat untuk bottomline (+67% yoy), yang menurut estimasi analis 20-25% lebih rendah dari konsensus.
Stabilitas operasional perusahaan seharus- nya bisa meredam sentimen negatif dari berita terbaru tentang malapraktik tran- saksi emas pada tahun 2018.
“Manajemen ANTM sedang mempersiapkan uji materi (judicial review) atas tuduhan tersebut (gugatan sebesar Rp 1 triliun telah diajukan). Sejauh ini belum ada rincian lebih lanjut dari perusahaan,” sebut Andrey.
Adapun diskon ESG 4% telah dimasukkan ke dalam penilaian RHB Sekuritas, ber- dasarkan metodologi kepemilikan dengan target 2022 EV/EBITDA di kisaran 12 kali.
Sedangkan risiko jangka pendeknya adalah isu-isu terkait emisi tinggi dari peningkatan konsumsi bahan bakar fosil serta eksploitasi lingkungan. Risiko lainnya termasuk perubahan peraturan pemerintah dan tren penurunan harga komoditas lebih lanjut. Editor : Jauhari Mahardhika
Agincourt Resources Distributes Rp 1.87 Billion Scholarship in
Martabe
T
HE BUSINESS entity is PT United Tractors Tbk. (UNTR), namely PT Agincourt Resources, again distributed the Martabe Prestasi educational scholarships for the 2022/2023 academic year to 288 outstanding students worth Rp1.87 billion.Agincourt Resources Gelontorkan Beasiswa Rp1,87 Miliar di
Martabe
E
NTITAS usaha PT United Tractors Tbk.(UNTR) yakni PT Agincourt Resources kembali menyalurkan beasiswa pendidikan Martabe Prestasi tahun ajaran 2022/2023 kepada 288 siswa berprestasi senilai Rp1,87 miliar.
Daily News Update Page 11
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The company that manages the Martabe Gold Mine is recorded as having held the Martabe Gold Mine Scholarship Program six times. In total, since it was first held in 2017 to 2022, PTAR has disbursed Rp5.54 billion for 1,255 beneficiaries, elementary to university level students from underprivileged families from South Tapanuli, North Sumatra.
PTAR General Manager Operations, Rahmat Lubis, said Martabe Prestasi is one of the Community Development and Empowerment Programs (PPM) in the education sector that aims to improve the quality and access of education for outstanding students who are highly committed to achieving higher education levels.
"Martabe Prestasi started in 2017 with the coverage of beneficiaries in two sub- districts, namely Batangtoru and Muara Batangtoru. In the spirit of bringing about change, starting in 2022, the coverage of beneficiaries will be expanded to the high school and college level covering all areas in South Tapanuli Regency," said Rahmat, in a press release, Friday (12/8/2022).
The Vice President Director of PTAR, Ruli Tanio, expressed his appreciation to the outstanding students who have struggled to get the Martabe Prestasi scholarship. He advised students to stay enthusiastic and never give up in exploring knowledge, and to be able to take advantage of the power of technology to produce the best work and benefit many people.
“We at PTAR are determined to encourage community development from various aspects, including health and education.
We will continue to increase our contribution and add value to the surrounding community. This scholarship allows students in South Tapanuli...
Perusahaan pengelola Tambang Emas Martabe tersebut tercatat telah enam kali menyelenggarakan Program Beasiswa Tambang Emas Martabe. Jika ditotal sejak digelar perdana pada 2017 hingga 2022, PTAR telah menggelontorkan dana Rp5,54 miliar bagi 1.255 penerima manfaat, siswa tingkat SD hingga universitas dari keluarga kurang mampu asal Tapanuli Selatan, Sumatra Utara.
General Manager Operations PTAR, Rahmat Lubis, mengatakan Martabe Prestasi me- rupakan salah satu Program Pengembangan dan Pemberdayaan Masyarakat (PPM) di bidang pendidikan yang bertujuan mening- katkan kualitas dan akses pendidikan bagi siswa berprestasi yang berkomitmen besar untuk mencapai jenjang pendidikan yang lebih tinggi.
"Martabe Prestasi dimulai sejak 2017 dengan cakupan penerima manfaat di dua kecamatan yaitu Batangtoru dan Muara Batangtoru. Dengan semangat membawa perubahan, mulai tahun 2022 cakupan penerima manfaat diperluas sampai tingkat SMA dan perguruan tinggi yang meliputi seluruh wilayah di Kabupaten Tapanuli Selatan," kata Rahmat, dalam siaran pers- nya, Jumat (12/8/2022).
Wakil Presiden Direktur PTAR, Ruli Tanio, menyampaikan apresiasi kepada para siswa berprestasi yang sudah berjuang untuk memperoleh beasiswa Martabe Prestasi. Dia berpesan agar para siswa tetap semangat dan jangan pernah putus asa dalam menggali ilmu, serta dapat memanfaatkan kekuatan teknologi untuk menghasilkan karya terbaik dan bermanfaat bagi banyak orang.
“Kami di PTAR bertekad mendorong pengembangan masyarakat dari berbagai aspek, termasuk kesehatan dan pendidikan.
Kami akan terus meningkatkan kontribusi dan nilai tambah bagi masyarakat sekitar.
Beasiswa ini memungkinkan siswa di Tapanuli Selatan...
Daily News Update Page 12
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
This scholarship allows students in South Tapanuli to get opportunities and access to the best education which is later expected to improve the quality of people's lives, especially in South Tapanuli," said Ruli.
Meanwhile, the number of scholarship recipients this year recorded an increase of 17 percent to 288 students. A total of 206 students or 72 percent of the total beneficiaries are students who have just registered this year, consisting of 196 regular scholarship recipients and 10 special scholarship recipients. Meanwhile, 82 students received advanced scholarships, including 56 regular scholarship recipients and 26 special scholarship recipients.
For your information, the Martabe Gold Mine is managed and operated by PT Agincourt Resources. The mining area covers an area of 30 km² which is under the sixth generation Contract of Work (COW) with a total area of 1,303 km². The Martabe Gold Mine is located on the west side of the island of Sumatra, precisely in Batang Toru District, South Tapanuli, North Sumatra.
The Martabe Gold Mine began full production on July 24, 2012 and has a resource base of 7.5 million ounces of gold and 66 million ounces of silver as of June 30, 2021. The operating capacity of the Martabe Gold Mine is more than 6 million tonnes of ore per year to produce over 274,000 ounces gold and 1.35 million ounces of silver per year.
PT Danusa Tambang Nusantara (PTDTN) holds a 95 percent stake in PT Agincourt Resources. PTDTN is a subsidiary of PT United Tractors Tbk. with 60 percent share ownership and PT Pamapersada Nusantara with 40 percent share ownership, as well as part of the PT Astra International Tbk business group. A total of 5 percent of PT Agincourt Resources' shares are owned by the South Tapanuli Regency Government and the North Sumatra Provincial Govern- ment. Author/Editor : Yustinus Andri DP
Beasiswa ini memungkinkan siswa di Tapanuli Selatan untuk mendapatkan peluang dan akses kepada pendidikan terbaik yang nantinya diharapkan dapat meningkatkan kualitas kehidupan masyarakat, khususnya di Tapanuli Selatan,” tutur Ruli.
Adapun, jumlah penerima beasiswa tahun ini tercatat naik 17 persen menjadi 288 siswa. Sebanyak 206 siswa atau 72 persen dari jumlah penerima manfaat adalah siswa yang baru mendaftar tahun ini, terdiri dari 196 penerima beasiswa reguler dan 10 penerima beasiswa khusus. Adapun, 82 siswa menerima beasiswa lanjutan, men- cakup 56 penerima beasiswa reguler dan 26 penerima beasiswa khusus.
Sekadar informasi, Tambang Emas Martabe dikelola dan dioperasikan oleh PT Agincourt Resources. Wilayah tambang mencakup area 30 km² yang berada dalam Kontrak Karya (KK) generasi keenam dengan total luas wilayah 1.303 km². Tambang Emas Martabe terletak di sisi barat pulau Sumatra, tepatnya di Kecamatan Batang Toru, Tapanuli Selatan, Sumatera Utara.
Tambang Emas Martabe mulai berproduksi penuh pada 24 Juli 2012 dan memiliki basis sumber daya 7,5 juta ounce emas dan 66 juta ounce perak per 30 Juni 2021. Kapasitas operasi Tambang Emas Martabe lebih dari 6 juta ton bijih per tahun untuk memproduksi lebih dari 274.000 ounce emas dan 1,35 juta ounce perak per tahun.
PT Danusa Tambang Nusantara (PTDTN) memegang 95 persen saham PT Agincourt Resources. PTDTN adalah anak usaha PT United Tractors Tbk. dengan kepemilikan saham 60 persen dan PT Pamapersada Nusantara dengan kepemilikan saham 40 persen, sekaligus bagian dari grup usaha PT Astra International Tbk. Sebanyak 5 persen saham PT Agincourt Resources dimiliki Pemerintah Kabupaten Tapanuli Selatan dan Pemerintah Provinsi Sumatra Utara.
Author/Editor : Yustinus Andri DP
Daily News Update Page 13
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
Government Confirms Ex- Freeport Gold Mine Still Owns
the State
Freeport released the gold mine in the Wabu Block in 2018, reportedly a bone of
contention for entrepreneurs.
Author: Muhamad Fajar Riyandanu, Editor:
Happy Fajrian
I
NVESTMENT Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia emphasized that the Wabu Block was still in the hands of the Indonesian government after being released by PT Freeport Indonesia in 2018.This gold mining block is rumored to be a bone of contention for entrepreneurs.
"This Wabu block is a former Freeport, approximately 60 thousand hectares (ha).
This block has not been given to anyone or company a, b, or c," said Bahlil at the Investment Ministry Office, Jakarta, on Friday (12/12/2020). 8).
Bahlil said the government would prioritize State-Owned Enterprises (BUMN) to work on the gold mining block. Bahlil said, the government is currently formulating a number of steps to work on the Wabu Block.
One of them is collaborating between investors and appointed SOEs.
"The Wabu Block is still controlled by the state and has not been controlled by anyone. The management is still in the process of which mitigation is best and benefits the state," said Bahlil.
The Papua Provincial Government has issued a letter of recommendation for PT Indonesia Asahan Aluminum or MIND ID to manage the gold mine in the Wabu Block.
President Director of Inalum Orias Petrus Moedak said this plan was still in the early stages.
Pemerintah Tegaskan Tambang Emas Eks Freeport Masih Milik
Negara
Tambang emas di Blok Wabu dilepas Freeport pada 2018, dikabarkan jadi
rebutan para pengusaha.
Penulis: Muhamad Fajar Riyandanu, Editor:
Happy Fajrian
M
ENTERI Investasi/Kepala Badan Koor- dinasi Penanaman Modal (BKPM) Bahlil Lahadalia menegaskan Blok Wabu masih berada di genggaman Pemerintah Indonesia usai dilepas PT Freeport Indonesia pada 2018 lalu. Blok tambang emas ini di- kabarkan menjadi rebutan para pengusaha."Blok Wabu ini eks Freeport, kurang lebih luasnya sekitar 60 ribu hektare (ha). Blok ini belum diberikan kepada siapa-siapa atau perusahaan a,b, atau c," kata Bahlil di Kantor Kementerian Investasi, Jakarta, pada Jumat (12/8).
Bahlil menyebut, pemerintah bakal meng- utamakan Badan Usaha Milik Negara (BUMN) untuk menggarap blok tambang emas tersebut. Kata Bahlil, saat ini peme- rintah sedang merumuskan sejumlah langkah untuk mengerjakan Blok Wabu. Satu diantaranya yakni melakukan kolaborasi antara investor dan BUMN yang ditunjuk.
"Blok Wabu masih dikuasi negara dan belum dikuasai oleh siapa-siapa. Pengelolaannya lagi proses untuk mitigasi mana yang terbaik dan menguntungkan negara," ujar Bahlil.
Pemerintah Provinsi Papua telah mener- bitkan surat rekomendasi bagi PT Indonesia Asahan Aluminium atau MIND ID untuk mengelola tambang emas di Blok Wabu.
Direktur Utama Inalum Orias Petrus Moedak meyebut rencana ini masih tahap awal.
Daily News Update Page 14
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The company has appointed a subsidiary, PT Aneka Tambang Tbk (Antam), to manage the former gold mine of PT Freeport Indonesia. "The gold expert is Antam, we leave it to them for follow-up,"
he said at the end of September 2020.
SOE Minister Erick Thohir has sent a letter to the Minister of EMR Arifin Tasrif asking Antam to manage the ex-Freeport gold mine. "(We) have also coordinated with the Head of the Investment Coordinating Board, so that SOEs are prioritized," Erick said on Tuesday last week.
Erick's reason for asking Antam to give the management of the gold mine is because the SOE only has a small number of gold mines. The country's precious metal resources are actually quite large, but state-owned mining companies do not have their own mines.
So far, Antam's main business is gold sales.
Gold products are the biggest contributor to the company's revenue. In 2019, recorded gold sales reached Rp 22.47 trillion or 69% of total revenue.⧫
Perusahaan telah menunjuk anak usaha, PT Aneka Tambang Tbk (Antam), untuk meng- kelola tambang emas bekas lahan PT Freeport Indonesia itu. “Yang ahli emas adalah Antam, kami serahkan ke mereka untuk ditindaklanjuti,” katanya pada akhir September 2020.
Menteri BUMN Erick Thohir telah meng- kirimkan surat kepada Menteri ESDM Arifin Tasrif untuk meminta pengelolaan tambang emas eks Freeport ini kepada Antam. "(Kami) sudah koordinasi juga dengan Kepala Badan Koordinasi Penanaman Modal, agar dipriori- taskan kepada BUMN," kata Erick pada Selasa pekan lalu.
Alasan Erick meminta pengelolaan tambang emas ini diberikan kepada Antam karena BUMN tersebut hanya memiliki tambang emas yang masih sedikit. Sumber daya logam mulia yang dimiliki Tanah Air sebenarnya cukup besar tapi perusahaan tambang pelat merah justru tidak memiliki tambang sendiri.
Selama ini bisnis utama Antam adalah penjualan emas. Produk emas merupakan kontributor terbesar pendapatan perusaha- an. Pada 2019, tercatat penjualan emasnya mencapai Rp 22,47 triliun atau 69% dari total pendapatan.⧫
The Minister of EMR to Control the RKAB of the Opaque Tin
Mine
Iwan Supriyatna
M
INISTER of Energy and Mineral Resources (MEMR) Arifin Tasrif emphasized that his party would regulate the Work Plan and Budget (RKAB) of mining companies indicated to be collaborating with illegal mines or Mining Without Permits (PETI).Menteri ESDM Akan Tertibkan RKAB Buram Tambang Timah
Iwan Supriyatna
M
ENTERI Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif menegaskan pihaknya akan menertibkan Rencana Kerja dan Anggaran Belanja (RKAB ) milik perusahaan tambang yang terindikasi menjalin kerja sama dengan para tambang ilegal atau Pertambangan Tanpa Izin (PETI).Daily News Update Page 15
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
"We look at the RKAB-RKAB which have a direct positive influence on the government, of course we will guard it. But the blurry RKAB needs to be brought in order,” said Arifin in Jakarta some time ago.
This was conveyed by Arifin when asked about state losses due to rampant illegal mining of tin mineral resources.
“Mining companies that get additional results beyond their plans can reduce the potential for state revenues. Even though the government wants to maximize state revenues," he said.
However, when asked about the develop- ment of the formation of the Illegal Mining task force, Arifin asked to directly ask the Coordinating Ministry for Maritime Affairs and Investments (Kemenko Marves) which acts as its conductor.
"Coordination at the ministry of investment so that later we can go there," he said.
Previously, to publish PETI activities, the Government through the Coordinating Ministry of Maritime Affairs and Investment, Ministry of Political, Legal and Security Affairs, Ministry of EMR together with the Ministry of Forestry and Environment (KLHK), Ministry of Home Affairs, and the National Police continued to coordinate to find the right action scheme.
In a seminar entitled 'Indonesian Tin and State Control' which was held hybridly in Santika Bangka, last Friday (22/7), the Director General of Mineral and Coal at the Ministry of EMR, Ridwan Djamaluddin, said that PT Timah's losses every year reach trillions of rupiah due to rampant illegal mining.
"Every year PT Timah Tbk loses Rp 2.5 trillion due to illegal mining. We are also looking at the damage caused by illegal mining, 123,000 hectares of critical land caused by illegal mining, we don't want to pass the damage on to our children and grandchildren," said Ridwan.
“Kita lihat RKAB-RKAB yang memang memberikan pengaruh positif langsung ke pemerintah tentu akan kita jaga. Tapi RKAB yang buram perlu ditertibkan,” kata Arifin di Jakarta beberapa waktu lalu.
Hal ini disampaikan Arifin ketika ditanya terkait kerugian negara akibat maraknya tambang ilegal sumber daya mineral timah.
“Perusahaan tambang yang mendapat hasil tambah di luar rencana mereka bisa mengurangi potensi penerimaan negara.
Padahal pemerintah ingin memaksimalkan penerimaan negara," ujarnya.
Namun ketika ditanya terkait perkem- bangan pembentukan satgas Illegal Mining, Arifin meminta hal tersebut ditanyakan langsung ke Kementerian Koordinator Maritim dan Investasi (Kemenko Marves) yang bertindak sebagai dirigennya,
“Koordinasi di kementerian investasi jadi nanti bisa ke sana,” ujarnya.
Sebelumnya, untuk menerbitkan kegiatan PETI, Pemerintah melalui Kementerian Koordinator Maritim dan Investasi, Kementerian Polhukam, Kementerian ESDM bersama Kementerian Kehutanan dan Lingkungan Hidup (KLHK), Kemen- terian Dalam Negeri, dan Polri terus melakukan koordinasi untuk mencari skema penindakan yang tepat.
Dalam seminar bertajuk ‘Timah Indonesia dan Penguasaan Negara’ yang digelar hybrid di Santika Bangka, Jumat (22/7) lalu, Dirjen Minerba Kementerian ESDM, Ridwan Djamaluddin mengatakan kerugian PT Timah setiap tahun mencapai triliunan rupiah akibat maraknya tambang ilegal.
"Setiap tahun PT Timah Tbk rugi Rp2,5 Triliun karena tambang ilegal. Kita juga mencermati kerusakan karena tambang ilegal, 123 ribu hektar lahan kritis yang diakibatkan tambang ilegal, kita tidak mau mewariskan kerusakan pada anak cucu kita," kata Ridwan.
Daily News Update Page 16
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
He conveyed the latest results of policies taken by the government. The Ministry of EMR and the Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, have discussed the latest policies for the tin sector.
“In a meeting with Pak Luhut, Coordinating Minister for Marvers, the government assigned BPKP to conduct an audit of tin governance. That we have issued a circular, as of July 1, 2022, all smelsters must report their tin source. It means the form of mastery that we want to realize," he explained.
In addition, he continued, tin will be included in the Inter-Ministry and Institutional Mineral and Coal Information System (SIMBARA).
"We include everything, the origin of tin is known, smelter A gets tin from IUP x, all of that must be recorded," he said.⧫
Ia menyampaikan hasil terbaru kebijakan yang diambil oleh pemerintah. Kementerian ESDM dan Menteri Koordinator Maritim dan Investasi, Luhut Binsar Pandjaitan telah membahas kebijakan terbaru untuk sektor timah.
“Dalam pertemuan dengan pak Luhut, Menko Marvers, pemerintah menugaskan BPKP untuk melakukan audit terhadap tata kelola timah. Bahwa kami sudah menge- luarkan edaran, per 1 Juli 2022, semua smelster harus melaporkan sumber timah- nya. Artinya bentuk penguasaan yang ingin kita wujudkan,” jelasnya.
Selain itu, lanjutnya timah akan masuk dalam Sistem Informasi Mineral dan Batubara Antar Kementerian dan Lembaga (SIMBARA).
“Semuanya kita masukkan, asal usul timah jadi tahu, smelter A mendapatkan timah dari IUP x, itu semua harus tercatat,” ungkap- nya.⧫
IUP Was Revoked, Bahlil Restored 80 Mining Companies'
Operating Permits
Author: Nyoman Ary Wahyudi
T
HE LAND Use and Investment Arrangement Task Force (Satgas) has officially restored 80 mining business permits (IUP) which had been revoked by the government since February 2022.Investment Minister Bahlil Lahadalia said the move was the first phase of recovery from 700 objections from mining companies that had been collected by the Task Force. It is planned that...
IUP Sempat Dicabut, Bahlil Pulihkan Izin Operasi 80
Perusahaan Tambang
Author: Nyoman Ary Wahyudi
S
ATUAN Tugas (Satgas) Penataan Peng- gunaan Lahan dan Penataan Investasi resmi memulihkan kembali 80 izin usaha pertambangan (IUP) yang sempat dicabut oleh pemerintah sejak Februari 2022.Menteri Investasi Bahlil Lahadalia menga- takan langkah itu menjadi pemulihan tahap pertama dari 700 keberatan yang berasal dari perusahaan tambang yang sudah dihimpun Satgas. Rencanannya...
Daily News Update Page 17
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
It is planned that the verification process for the restoration of the IUP that has already been revoked will continue until the second week of September 2022.
However, Bahlil ensured that his ministry only granted about 40 percent of the objections from mining companies that were collected by the Task Force for the first round of verification this year.
"Not all of them will be recovered, the highest from the data I can't explain is how much it's calculated, not more than 40 percent," Bahlil said during the Press Conference on the Development of Revocation of Mining Business Permits (IUP) at the Ministry of Investment, Jakarta, Friday (12/8/2022).
The 80 IUPs that were restored came from a number of mining types, such as coal, nickel, bauxite, gold, tin and other minerals.
However, Bahlil was reluctant to elaborate on the names of 80 mining companies whose operational permits were restored by the Task Force.
"Don't let my words come before the decree that I signed. So, the businessmen will definitely be able to use the decree in the near future,” said Bahlil.
On the other hand, the Task Force has revoked 2,065 IUPs or 98.4 percent of the total planned 2,078 IUPs since February 2022. The mining area revoked reached 3.17 million hectares originating from a number of mining types.
Coal mining has been revoked as many as 306 IUPs with a land area of 9,413 hectares, tin as many as 307 IUPs with a land area of 445,728 hectares, nickel reaching 106 IUPs with an area of 182,904 hectares, gold 71 IUPs with a land area of 544,728 hectares, bauxite reaching 54 IUPs with an area 336,328 hectares of mines, 70,663 hectares of 18 IUP copper and 1,203 other minerals with a mining area of 599,129 hectares.
Rencanannya proses verifikasi untuk pemu- lihan IUP yang terlanjur dicabut itu bakal berlanjut hingga pekan kedua September 2022.
Hanya saja, Bahlil memastikan kementerian- nya hanya mengabulkan sekitar 40 persen dari keberatan perusahaan tambang yang berhasil dihimpun Satgas untuk putaran pertama verifikasi tahun ini.
“Tidak semuanya akan dipulihkan paling tinggi dari data yang ada saya tidak bisa jelaskan berapa dalam bayangan hitung-hitungan ga lebih dari 40 persen,” kata Bahlil saat Konferensi Pers Perkembangan Pencabutan Izin Usaha Pertambangan (IUP) di Kemen- terian Investasi, Jakarta, Jumat (12/8/2022).
Adapun 80 IUP yang kembali dipulihkan itu berasal dari sejumlah jenis pertambangan seperti batu bara, nikel, bauksit, emas, timah dan galian lainnya. Hanya saja, Bahlil enggan memerinci, 80 nama perusahaan tambang yang kembali dipulihkan izin operasionalnya oleh Satgas.
“Jangan sampai ucapan saya lebih dulu dari SK yang saya teken. Jadi nanti pasti teman-teman pengusaha itu pasti dapat menggunakan SK dalam waktu dekat,” kata Bahlil.
Di sisi lain, Satgas sudah mencabut 2.065 IUP atau 98,4 persen dari keseluruhan izin yang direncanakan sebanyak 2.078 IUP sejak Februari 2022. Adapun luas lahan pertam- bangan yang dicabut mencapai 3,17 juta hektare yang berasal dari sejumlah jenis tambang.
Pertambangan batu bara yang dicabut
sebanyak 306 IUP dengan luasan lahan men- capai 9.413 hektare, timah sebanyak 307 IUP dengan luasan lahan 445.728 hektare, nikel mencapai 106 IUP sebesar 182.904 hektare, emas sebesar 71 IUP dengan luas lahan mencapai 544.728 hektare, bauksit sebesar 54 IUP dengan luasan tambang 336.328 hektare, tembaga 18 IUP sebanyak 70.663 hektare dan mineral lainnya 1.203 IUP dengan luas tambang mencapai 599.129 hektare.
Daily News Update Page 18
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The revoked operating licenses are spread evenly across the Bangka Belitung Islands, West Kalimantan, East Kalimantan, Central Kalimantan to Papua.
"The state will distribute it with a scale of priority and seriousness, so first of all, there is a tender mechanism, but for mass organizations, ROEs, MSMEs, foundations, the government's cooperatives will make the determination," he said. Editor : Amanda Kusumawardhani
Izin operasi yang dicabut itu tersebar merata di wilayah Kepulauan Bangka Belitung, Kalimantan Barat, Kalimantan Timur, Kalimantan Tengah hingga Papua.
“Negara akan mendistribusikan itu dengan skala prioritas dan keseriusan, jadi pertama yang gede-gede itu memang ada mekanisme tender tapi untuk Ormas, BUMD, UMKM, yayasan, koperasi peme- rintah bakal melakukan penetapan,” tutur- nya. Editor : Amanda Kusumawardhani
Already 16% Fly, Coal Price Where Are You Going?
Maesaroh, CNBC Indonesia
A
FTER flying 16.22% last week, coal prices are expected to be difficult to rise significantly this week. However, the price of coal will still be high and in the range of US$ 400 per ton.In the last trading last week, Friday (12/8/2022), the price of September contract stones on the ICE Newcastle market closed at US$ 403 per ton. The price rose 1.43%.
In a week, coal prices jumped 16.22%
point to point. Last week's gain was the highest since mid-May 2022 (May 16-20 2022) at which time the price of black sand jumped 16.42%.
Last week's gains were also inversely proportional to two weeks ago where coal prices fell 14.49% a week. Within a month, the price of coal still fell 8.07%.
Bank Mandiri Industry Analyst Ahmad Zuhdi estimates that coal prices will move in the range of US$ 400-415 per ton this week.
Sudah Terbang 16%, Harga Batu Bara Mau ke Mana?
Maesaroh, CNBC Indonesia
S
ETELAH terbang 16,22% pada pekan lalu, harga batu bara diperkirakan sulit untuk menanjak signifikan pada pekan ini. Namun, harga batu bara masih akan tetap tinggi dan berada di kisaran US$ 400 per ton.Pada perdagangan terakhir pekan lalu, Jumat (12/8/2022), harga batu kontrak September di pasar ICE Newcastle ditutup di US$ 403 per ton. Harganya menguat 1,43%.
Dalam sepekan, harga batu bara melonjak 16,22% secara point to point. Penguatan pekan kemarin adalah yang tertinggi sejak per- tengahan Mei 2022 (16-20 Mei 2022) di mana pada saat itu harga pasir hitam melonjak 16,42%.
Penguatan pada pekan lalu juga berbanding terbalik dibandingkan dua pekan lalu di mana harga batu bara amblas 14,49% sepekan.
Dalam sebulan, harga batu bara masih amblas 8,07%.
Analis Industri Bank Mandiri Ahmad Zuhdi memperkirakan harga batu bara akan bergerak di kisaran US$ 400-415 per ton pada pekan ini.
Daily News Update Page 19
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
The issue of gas and coal supply in the European Union will be the main driving factor for black sand this week.
"It won't change much from last week. The driving factor is still market sentiment towards the European Union's coal and gas stockpile," said Zuhdi, to CNBC Indonesia.
He added that if the gas problem in Europe improves, it is not impossible that coal prices will decline. "In fact, we estimate that it could return to below US$ 400 per ton if the European Union's stockpile is proven to be safe for next winter," he said.
Zuhdi explained that it is difficult for coal prices to rise sharply because the previous strengthening was caused by changes in coal trade routes due to the European Union embargo on Russian coal.
The embargo is expected to make Russian coal exports rush to China and India.
Meanwhile, Europe will import coal from Australia, Colombia, the United States, Australia, and in small quantities from Asia such as Indonesia.
"Although Russian coal exports are very likely to decrease, they will be absorbed by big importers such as China and India to some extent, because they have the same specifications (size), but the price is discounted," said Zuhdi.
He reminded that China's coal imports are also in a downward trend so that the supply of coal that was originally sent to China will later be exported in smaller quantities or exported to the European Union if it meets the same specifications.
As is known, the European Union is still struggling with gas issues after the Russian company Gazprom cut gas flows to the Blue Continent. Germany is one of...
Persoalan pasokan gas dan batu bara di Uni Eropa akan menjadi faktor penggerak utama pasir hitam pekan ini.
"Tidak akan berubah banyak dari minggu kemarin. Faktor penggeraknya masih di sentimen pasar terhadap stockpile batu bara dan gas Uni Eropa," tutur Zuhdi, kepada CNBC Indonesia.
Dia menambahkan jika persoalan gas di Eropa membaik bukan tidak mungkin harga batu bara akan melandai. "Bahkan kami memperkirakan bisa kembali ke bawah US$
400 per ton kalau kenyataannya stockpile Uni Eropa terbukti sudah aman untuk next winter," ujarnya.
Zuhdi menjelaskan harga batu bara sulit meningkat tajam karena penguatan sebelumnya lebih disebabkan oleh ber- ubahnya rute perdagangan batu bara akibat embargo Uni Eropa atas batu bara Rusia.
Embargo diperkirakan akan membuat ekspor batu bara Rusia mengalir deras ke China dan India. Sementara, Eropa akan mengimpor batu bara dari Australia, Kolombia, Amerika Serikat, Australia, serta dalam jumlah kecil dari Asia seperti Indonesia.
"Walaupun ekspor batu bara Rusia sangat mungkin berkurang, tapi sampai batas tertentu akan terserap oleh importir besar seperti China dan India, karena memang spesifikasi (ukuran) yang sama tapi harga didiskon," tutur Zuhdi.
Dia mengingatkan impor batu bara China juga dalam tren penurunan sehingga pasokan batu bara yang semula dikirim ke China nantinya akan ekspor dengan jumlah yang lebih sedikit atau diekspor ke Uni Eropa jika memenuhi spesifikasinya yang sama.
Seperti diketahui, Uni Eropa masih berkutat dengan persoalan gas setelah perusahaan Rusia Gazprom memangkas aliran gas ke Benua Biru. Jerman merupakan salah satu...
Daily News Update Page 20
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
Germany is one of the hardest hit by the cuts. The reason, Deutschland is pursuing gas supplies for next winter in order to avoid an energy crisis.
Last Thursday, German Chancellor Olaf Scholz asked Portugal and Spain to help solve their gas problem. Portugal and Spain are expected to be involved in shipping gas from around the world to Europe via the Iberian peninsula.
Both countries receive gas supplies through the LNG network from Algeria and Morocco. Gas supplies are sent from various countries from the United States to Nigeria. However, most of Europe has no connections for gas shipments from Spain and Portugal.
Germany plans to restart their coal-fired power plant to compensate for gas cuts.
German energy giant RWE has announced plans to use more coal in the short term.
"RWE is actively supporting the German and European governments in managing the energy crisis. What is happening now is hopefully only temporary in order to secure supply," said RWE Finance Director Michael Muller, told CNBC International.
Germany's efforts to increase the supply of coal for its power plants were hindered by the shrinking surface of the Rhine. The surface of the Rhine continues to shrink until it reaches 40 cm and can continue to shrink forward. If the surface reaches 30 cm, the delivery of coal through the river is stopped.
To overcome this problem, Germany plans to prioritize the use of their rail lines to carry energy commodities. CNBC INDONESIA RESEARCH TEAM (mae/mae)
Jerman merupakan salah satu yang paling menderita dari pemangkasan tersebut. Pasal- nya, Deutschland tengah mengejar pasokan gas untuk musim dingin mendatang demi menghindari krisis energi.
Kamis pekan lalu, Kanselir Jerman Olaf Scholz meminta Portugal dan Spanyol untuk mem- bantu mengatasi persoalan gas mereka.
Portugal dan Spanyol diharapkan bisa bisa dilibatkan dalam pengiriman gas dari seluruh dunia menuju Eropa melalui semenanjung Iberia.
Kedua negara menerima pasokan gas melalui jaringan LNG dari Aljazair dan Maroko.
Pasokan gas dikirim dari berbagai negara mulai Amerika Serikat hingga Nigeria.
Namun, sebagian besar Eropa justru tidak memiliki koneksi untuk pengiriman gas dari Spanyol dan Portugal.
Jerman berencana mengoperasikan kembali pembangkit listrik batu bara mereka untuk mengkompensasi pengurangan gas. Perusaha- an energi raksasa Jerman, RWE, telah menyam- paikan rencananya untuk menggunakan batu bara dalam jumlah lebih besar untuk jangka pendek.
"RWE secara aktif mendukung pemerintah Jerman dan Eropa dalam mengelola krisis energi. Apa yang terjadi saat ini semoga hanya bersifat sementara demi mengamankan pasokan," tutur Direktur Keuangan RWE Michael Muller, kepada CNBC International.
Upaya Jerman menambah pasokan batu bara untuk pembangkitnya terhalang oleh semakin menyusutnya permukaan sungai Rhine. Permukaan sungai Rhine terus menyusut hingga mencapai 40 cm dan bisa terus menyusut ke depan. Jika permukaan mencapai 30 cm maka pengiriman batu bara melalui sungai tersebut dihentikan.
Untuk mengatasi persoalan tersebut, Jerman berencana untuk memprioritaskan peng- gunaan jalur kereta mereka untuk membawa komoditas energi. TIM RISET CNBC INDONESIA (mae/mae)
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DAILY NEWS UPDATE MONDAY, AUG 15, 2022
Indonesia revokes thousands of mining permits covering over 3 million hectares
Reuters
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NDONESIA’s investment minister said more than 2,000 mining permits for various minerals have been revoked amid efforts to tighten the sector’s governance and plan for land redistribution.The ministry has revoked 2,065 permits covering more than 3.1 million hectares (7.66 million acres) of land across the country, Investment Minister Bahlil Lahadalia told reporters on Friday.
President Joko Widodo in January ordered thousands of mining, plantation and forest-use permits to be revoked due to non-compliance or because they had not been used.
Of the total number of permits that have been revoked, 306 were coal mining permits, 307 were for tin mining, and over 100 were for nickel mining, Bahlil said, adding that dozens of bauxite, copper and gold mining licenses have also been revoked.
The government plans to redistribute the land to other companies, Bahlil said.
“We want new entrepreneurs in these regions, so there will be balance and the economy is not controlled by certain groups,” Bahlil said, adding the government would allow companies a chance to get their permits back in case of errors.
Around 700 companies have logged complaints over wrongfully revoked permits and authorities have started verification processes for the first 200, Bahlil said.
Five subsidiaries of coal miner PT Bayan Resources had filed a lawsuit against Indonesia’s investment ministry over changes to their mining permits, but later withdrew after getting written confirmation from authorities that no change will be made to their mining area sizes and permit durations. (By Fransiska Nangoy; Editing by Kanupriya Kapoor)
Indonesia lawmakers call for tougher rules to avert another coal crisis
By: Reuters
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NDONESIAN legislators on Tuesday pressed the government to tighten rules on domestic coal sales, amid concern that miners will choose to pay fines instead of meeting a requirement to sell a quarter of their output to local power generators.The parliamentary energy committee met during recess on Tuesday, fearing the world's biggest thermal coal exporter was headed for a repeat of a domestic supply crisis late last year that saw exports banned for a few weeks in January, triggering panic among foreign buyers.
Daily News Update Page 22
DAILY NEWS UPDATE MONDAY, AUG 15, 2022
Indonesia imposes a so-called Domestic Market Obligation (DMO) where miners must sell 25% of their output onshore, at prices capped at $70 per tonne for power generators and $90 per tonne for local industry.
Though the coal inventory of state power utility Perusahaan Listrik Negara (PLN) was above the secure level of 4.5 million tonnes, supplies were declining as power demand rises, its chief executive Darmawan Prasodjo told the hearing.
"If this continues, we may see a crisis again," Darmawan said.
Energy minister Arifin Tasrif accepted there were risks of local supply issues due to the big gap between the capped domestic prices and the prices paid by offshore buyers.
"There are tendencies of avoiding contracts with domestic industries," Arifin told the committee.
Indonesia coal benchmark price COAL-HBA-ID has stayed above $70 per tonne level since January 2021 but surged to a record $321.59 per tonne this month, as the war in Ukraine exacerbated the energy supply crunch.
Lawmakers urged authorities to review the size of fines imposed for failing to meet the DMO and create an agency to help PLN secure coal supplies and collect levies.
"We need to review why businesses would rather pay fines than meet their obligation, there must be something wrong here," said legislator Diah Nurwitasari.
PLN's declining inventory was a warning for the government to act fast, said other lawmaker, Dony Maryadi Oekon.
Contacted by Reuters, Hendra Sinadia, an official at Indonesia Coal Miners Association, said members with contracts with PLN were committed to meet requirements, and the association could not comment on PLN's overall coal stocks.⧫
Orica’s wireless blasting tech overcomes magnetite challenges at LKAB Kiruna
Posted by Daniel Gleeson
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FOUR-year collaboration between Orica and LKAB has resulted in the first production blasts using wireless initiation technology at the Kiruna iron ore mine in northern Sweden.These blasts – charged in the middle of May and blasted in early June – are going some way to support LKAB’s safety, productivity and long-term automation objectives, according to Abhisek Roy, EMEA Head of Marketing for Orica.
It has involved an extensive amount of work to get to this blasting milestone, according to Ingemar Haslinger, Technical Services Lead Europe at Orica.
