TABLE OF CONTENTS. No. Title Media Source Page

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Daily News Update Page 1

"Gasifikasi DME dan kokas sehingga terjadi nilai tambah yang menghasilkan penghasilan tambahan dan mengurangi impor gas dan metanol. Mineral juga kita sudah mulai memanfaatkan mineral ini untuk produksi sendiri dalam negeri," ujar Ido yang juga merupakan Direktur PT Bumi Resources Tbk, produsen batu bara terbesar di Indonesia. Pada kesempatan yang sama Direktur Utama PT Bukit Asam Tbk (PTBA) Arviyan Arifin kembali mengungkapkan alasan hilirisasi baru bara harus segera dilakukan. Menurut-nya, kebijakan di dunia akan mulai mengu-rangi penggunaan batu bara di Pembangkit Listrik Tenaga Uap (PLTU).

"Saya melihat sekarang ini hilirisasi batu bara adalah satu-satunya pilihan untuk meman-faatkan maksimal sumber daya alam yang dimiliki. Batu bara termasuk sunset dan jangka panjang akan ditinggalkan sebagai bahan bakar energi primer," ujar Arviyan.

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Daily News Update Page 4 Moreover, Indonesia signed the Paris

Agreement in 2015, which has a mission to reduce greenhouse gas emissions, including by reducing coal. In addition, China also issued a policy of not using PLTUs in 2050.

"This will have an impact on the resources we have. The choice is to go downstream so that we can utilize coal in the long term," he said. (dob/dob)

Apalagi Indonesia telah menandatangani Paris Agreement pada 2015 lalu, yang memiliki misi menurunkan emisi gas rumah kaca, termasuk dengan pengurangan batu bara. Selain itu, China juga mengeluarkan kebijakan dengan tidak menggunakan PLTU pada 2050.

"Hal ini akan berdampak pada sumber daya yang kita miliki pilihannya adalah melakkan hilirisasi supaya bisa memanfaatkan batu bara dalam jangka panjang," ujarnya.

(dob/dob)

Measuring the potential of

mineral exports after relaxation

is given

Reporter: Filemon Agung | Editor: Anna Suci Perwitasari

T

HE MINISTRY of Energy and Mineral Resources (ESDM) revealed that relaxation of mineral exports during the Covid-19 pandemic will be given to companies that apply for relaxation and are deemed to comply with the provisions.

"It depends on who submits the quota and the maximum according to the limits in the laws and regulations," said Director of Mineral Development and Business of the Ministry of ESDM Sugeng Mujianto to Kontan.co.id, Wednesday (24/3).

So far, it is noted that PT Freeport Indonesia (PTFI) has obtained a recom-mendation for a copper concentrate export quota for the next year.

Vice President for Corporate Communi-cation of PT Freeport Indonesia (PTFI) Riza Pratama said that his party welcomed the government's move to issue export permits for the next one year.

Menakar potensi ekspor

mineral pasca relaksasi

diberikan

Reporter: Filemon Agung | Editor: Anna Suci Perwitasari

K

EMENTERIAN Energi dan Sumber Daya Mineral (ESDM) mengungkapkan relaksasi ekspor mineral selama masa pandemi covid-19 akan diberikan kepada perusahaan yang mengajukan permohonan relaksasi dan dianggap memenuhi ketentuan.

"Tergantung yang mengajukan untuk kuota-nya dan maksimum sesuai batasan di per-aturan perundang-undangan," kata Direktur Pembinaan dan Pengusahaan Mineral Ditjen Minerba Kementerian ESDM Sugeng Mujianto kepada Kontan.co.id, Rabu (24/3). Sejauh ini, tercatat PT Freeport Indonesia (PTFI) telah memperoleh rekomendasi kuota ekspor konsentrat tembaga untuk satu tahun ke depan.

Vice President Corporate Communication PT Freeport Indonesia (PTFI) Riza Pratama mengungkapkan pihaknya menyambut baik langkah pemerintah mengeluarkan izin ekspor untuk satu tahun ke depan.

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Daily News Update Page 5 "The export quota of 2 million tons of

concentrate, PTFI is committed to continuing to provide added value to Indonesia in various ways," said Riza to Kontan.co.id, Tuesday (23/3).

In Kontan.co.id notes, this recommen-dation is increased from last year which reached 1,069,000 wet tons of copper concentrate given on March 16, 2020 for one year. Meanwhile, in 2019 PTFI only pocketed an export quota of 746,953 wet tons of copper concentrate.

Meanwhile, PT Aneka Tambang Tbk (ANTM) confirmed that currently the construction of the Haltim Ferronickel Factory project has reached 98% construction progress.

VP Corporate Secretary Aneka Tambang Kunto Hendrapawoko said that currently Antam is also focusing on building a Smelter Grade Alumina Refinery (SGAR) factory in Mempawah, West Kalimantan. Both smelter projects have met the targets set by ESDM.

"In terms of developing the bauxite commodity, currently ANTAM continues to focus on building a Smelter Grade Alumina Refinery (SGAR) factory in Mempawah, West Kalimantan in collaboration with PT INALUM (Persero) which has a processing capacity of 1 million tons of SGA per year (Phase 1)," said Kunto to Kontan.co.id, Tuesday night (23/3).

With this achievement, Kontan.co.id noted that ANTM obtained metal mineral export approval for export sales of washed bauxite ore with content Al2O3= 42% of 1.89 million wet metric tons (wmt) for the period 2021-2022.

ANTM, a member of the Kompas100 index, obtained an export permit for the imple-mentation of the Smelter Grad Alumina Refinery (SGAR) factory downstream project.

"Kuota ekspor 2 juta ton konsentrat, PTFI berkomitmen untuk terus memberikan nilai tambah bagi Indonesia dalam berbagai cara," ungkap Riza kepada Kontan.co.id, Selasa (23/3).

Dalam catatan Kontan.co.id, rekomendasi ini meningkat dari tahun lalu yang mencapai 1.069.000 wet ton konsentrat tembaga yang diberikan pada 16 Maret 2020 untuk satu tahun. Adapun sebelumnya pada tahun 2019 PTFI hanya mengantongi kuota ekspor sebanyak 746.953 wet ton konsentrat tembaga.

Sementara itu, PT Aneka Tambang Tbk (ANTM) memastikan saat ini pengerjaan proyek Pabrik Feronikel Haltim yang telah mencapai kemajuan konstruksi sebesar 98%.

VP Corporate Secretary Aneka Tambang Kunto Hendrapawoko mengungkapkan, saat ini Antam juga berfokus pada pembangunan pabrik Smelter Grade Alumina Refinery (SGAR) di Mempawah, Kalimantan Barat. Kedua proyek smelter tersebut telah meme-nuhi target yang telah ditetapkan ESDM. "Dalam hal pengembangan komoditas bauksit, saat ini ANTAM terus berfokus pada pembangunan pabrik Smelter Grade Alumina Refinery (SGAR) di Mempawah, Kalimantan Barat bekerjasama dengan PT INALUM (Persero) yang memiliki kapasitas pengolahan sebesar 1 juta ton SGA per tahun (Tahap 1)," ujar Kunto kepada Kontan.co.id, Selasa malam (23/3).

Dengan capaian tersebut, Kontan.co.id mencatat ANTM mendapatkan persetujuan ekspor mineral logam untuk penjualan ekspor bijih bauksit tercuci dengan kadar Al2O3=42% sebesar 1,89 juta wet metric ton (wmt) untuk periode 2021-2022.

ANTM, anggota indeks Kompas100 ini, ini memperoleh izin ekspor atas pelaksanaan proyek hilirisasi pabrik Smelter Grad Alumina Refinery (SGAR).

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Daily News Update Page 6 Kunto said that this mineral export permit

complements the bauxite ore export permit that ANTM had previously, which amounted to 840,000 wmt of ownership of the Chemical Grade Alumina (CGA) factory in Tayan.

He added that with the metal mineral export approval for bauxite ore export sales, it would strengthen An eka Tambang' s competitiveness in the bauxite market. "Until now, China is the destination country for ANTM bauxite exports," said Kunto to Kontan.co.id, some time ago.

Meanwhile, the export relaxation provided by the Ministry of ESDM applies to 6 mineral commodities, including copper concentrate, iron concentrate, lead concentrate, zinc concentrate and manganese concentrate as well as washed bauxite concentrate with Al2O3 content> 42% (more than or equal to forty-two percent).

Referring to BPS data, bauxite production in 2019 reached 16.59 million tons, a drastic increase from 2018 which amounted to 5.69 million tons.

Meanwhile, copper concentrate production reached 1.69 million MT in 2019 or lower than in 2018 which amounted to 2.30 million MT.

Meanwhile, referring to the ESDM Ministry's Strategic Plan for Mineral and Coal (Minerba), copper concentrate production this year is predicted to reach 2.71 million tons. Meanwhile raw bauxite concentrate reached 27.83 million tons and processed bauxite reached 7.24 million tons.

The Acting Executive Director of the Indonesian Mining Association (IMA), Djoko Widajatno, revealed that this government policy would help the mining industry in its smelter settlement efforts while utilizing the concentrate that has been obtained.

Kunto menyebut, izin ekspor mineral ini melengkapi izin ekspor bijih bauksit yang telah dimiliki ANTM sebelumnya, yakni sebesar 840.000 wmt atas kepemilikan pabrik Chemical Grade Alumina (CGA) di Tayan.

Dia menambahkan, dengan adanya persetujuan ekspor mineral logam untuk penjualan ekspor bijih bauksit ini, akan memperkuat daya saing Aneka Tambang di pasar bauksit. “Hingga saat ini, Tiongkok merupakan negara yang menjadi tujuan ekspor bauksit ANTM,” kata Kunto kepada Kontan.co.id, beberapa waktu lalu.

Adapun, relaksasi ekspor yang diberikan Kementerian ESDM berlaku untuk 6 komoditas mineral antara lain konsentrat tembaga, konsentrat besi, konsentrat timbal, konsentrat seng dan konsentrat mangan serta konsentrat bauksit yang telah dilakukan pencucian (washed bauxite) dengan kadar Al2O3 > 42% (lebih dari atau sama dengan empat puluh dua persen). Merujuk data BPS, produksi bauksit pada tahun 2019 lalu mencapai 16,59 juta ton atau meningkat drastis dari tahun 2018 yang sebesar 5,69 juta ton.

Sementara itu, produksi konsentrat tembaga mencapai 1,69 juta MT pada 2019 lalu atau lebih rendah dari tahun 2018 yang sebesar 2,30 juta MT.

Sementara itu, merujuk Rencana Strategis Direktorat Jenderal Mineral dan Batubara (Minerba) KESDM, produksi konsentrat

tembaga di tahun ini diprediksi mencapai 2,71 juta ton. Sementara konsentrat bauksit bahan mentah mencapai 27,83 juta ton dan bauksit yang diproses mencapai 7,24 juta ton.

Plh. Direktur Eksekutif Indonesia Mining Association (IMA) Djoko Widajatno meng-ungkapkan kebijakan pemerintah ini bakal

membantu industri tambang dalam upaya penyelesaian smelter sembari memanfaatkan konsentrat yang telah diperoleh.

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Daily News Update Page 7 "You can take advantage of the concentrate

that has been obtained from the mineral processing process, which is the result of downstreaming in the mine, while waiting for the development of the Basic Industry, which absorbs semi-finished goods from the mine," said Djoko to Kontan.co.id, Wednesday (24/3).

Djoko added that this policy was also necessary given the constraints of a number of smelter projects due to the impact of non-natural disasters, namely the Covid-19 pandemic.

"Dapat memanfaatkan konsentrat yang sudah diperoleh dari proses pengolahan mineral , yang merupakan hasil hilirisasi di tambang, sambil menunggu pengem-bangan Industri Dasar yang merupakan penyerap barang setengah jadi dari tambang," kata Djoko kepada Kontan.co.id, Rabu (24/3).

Djoko menambahkan, kebijakan ini juga diperlukan mengingat terkendala nya sejumlah proyek smelter diakibatkan dampak bencana non alam yakni pandemi Covid-19.

MIND ID Aims for US$ 9 Billion

EBITDA by 2030

Author: Denis Riantiza Meilanova

MINING holding MIND ID (Mining and

Industry Indonesia) targets income before interest, taxes, depreciation and amortization or EBITDA to reach US$ 9 billion by 2030.

This value is an increase compared to the EBITDA position in 2020 which reached US$ 1.2 billion.

MIND CEO Group Orias Petrus Moedak said there are a number of mining projects that will be developed in the next 10 years. Some of them are gold mines in Oksibil and Wabu, Papua, and copper-gold ore deposits in Hu'u, Dompu, West Nusa Tenggara. "These are areas that we will develop in the next 10 years so that in 2030 we see our EBITDA reaching around US$ 9 billion," Orias said at the 2021 Inter-national Underground Mining Conference held by Perhapi, Wednesday (24/3/2021).

MIND ID Bidik EBITDA US$9

Miliar pada 2030

Author: Denis Riantiza Meilanova

HOLDING pertambangan MIND ID

(Mining and Industry Indonesia) menar-getkan pendapatan sebelum bunga, pajak, depresiasi, dan amortisasi atau EBITDA mampu mencapai US$9 miliar pada 2030. Nilai tersebut meningkat dibandingkan posisi EBITDA pada 2020 yang mencapai US$1,2 miliar.

Group CEO MIND Orias Petrus Moedak mengatakan terdapat sejumlah proyek tambang yang akan dikembangkan dalam 10 tahun ke depan. Beberapa diantaranya, yakni tambang emas di Oksibil dan Wabu, Papua, serta deposit bijih tembaga-emas di Hu'u, Dompu, Nusa Tenggara Barat.

"Itu area-area yang akan kami kembang-kan dalam 10 tahun ke depan sehingga di 2030 kami melihat EBITDA kami mencapai sekitar US$9 miliar," ujar Orias dalam International Underground Mining Conference 2021 yang digelar Perhapi, Rabu (24/3/2021).

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Daily News Update Page 8 The Hu'u project developed by Vale SA and

PT Aneka Tambang (Antam) Tbk., Said Orias, is a potential underground mine that has almost the same characteristics as PT Freeport Indonesia's Grasberg gold mine in Papua.

Therefore, its future development is likely to use a mining method similar to the method used by Freeport.

Meanwhile, the Oksibil project, which is also being developed by Antam, is currently still in the exploration stage. "Meanwhile, Wabu is currently still in the process of obtaining a permit from the Ministry of Energy and Mineral Resources," said Orias.

The Wabu block is the result of the shrinkage of Freeport Indonesia's work area which has subsequently been handed over to the local government.

The mining block is planned to be handed over to MIND ID's subsidiary, Antam, to be managed. The total resource of the Wabu Block is estimated at 8.1 million ounces of gold. Editor: Amanda Kusumawardhani

Proyek Hu'u yang dikembangkan oleh Vale SA dan PT Aneka Tambang (Antam) Tbk., kata Orias, merupakan potensi tambang bawah tanah yang memiliki karakteristik

hampir sama dengan tambang emas Grasberg

milik PT Freeport Indonesia di Papua. Karena itu, pengembangannya ke depan kemungkinan akan menggunakan metode penambangan yang serupa dengan metode yang digunakan Freeport.

Sementara itu, proyek Oksibil yang juga dikembangkan oleh Antam, saat ini masih dalam tahap eksplorasi.

"Sedangkan Wabu saat ini masih dalam proses untuk mendapatkan izin dari Kementerian ESDM," kata Orias.

Blok Wabu merupakan hasil penyusutan wilayah kerja Freeport Indonesia yang kemudian telah diserahkan ke pemerintah daerah.

Blok tambang tersebut rencananya akan diserahkan kepada anak usaha MIND ID, yakni Antam untuk dikelola. Total sumber daya Blok Wabu diperkirakan mencapai 8,1 juta ounces emas. Editor : Amanda Kusuma-wardhani

Downstream Becomes a

Solution, PTBA Boss: Batu Bara

Is Sunset

Rahajeng Kusumo Hastuti, CNBC Indonesia

P

RESIDENT Director of PT Bukit Asam Tbk

(PTBA) Arviyan Arifin again revealed the reason for the new coal down-streaming must be carried out immediately. According to him, the coal sector is including the sunset industry which will soon be abandoned,...

Hilirisasi Jadi Solusi, Bos PTBA:

Batu Bara Sudah Sunset

Rahajeng Kusumo Hastuti, CNBC Indonesia

DIREKTUR Utama PT Bukit Asam Tbk

(PTBA) Arviyan Arifin kembali meng-ungkapkan alasan hilirisasi baru bara harus segera dilakukan. Menurutnya sektor batu bara termasuk industri sunset yang akan segera ditinggalkan,...

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Daily News Update Page 9 According to him, the coal sector is

including the sunset industry which will soon be abandoned, so special efforts are needed if you want to continue to use coal. Downstream is the only option to utilize coal in the long term.

"Coal will still grow but it will be less than green energy. That's why it requires a precise strategy and this is not an easy choice, if building a PLTU is easy but our products cannot compete, it could even be banned," said Arviyan in "Mining Forum: Prospects for the 2021 Minerba Industry CNBC Indonesia", Wednesday (24/03/ 2021).

He emphasized that downstreaming of coal is the only option to make maximum use of coal in the long term, which is projected to be abandoned as a primary energy fuel. Moreover, China has also issued a policy to prohibit the construction of PLTUs in 2050, according to him this will have an impact on the coal it owns.

"We are heading there beyond coal, because in 30-50 years there will be no coal because the demand is low and the supply is large," he said.

The coal downstream project can also continue into petrochemical projects, not only stop at DME which can replace liquefied petroleum gas (LPG). He said, in China, the downstreaming of coal can make polyethylene, polypropylene, aviation fuel, aluminum, polyester, and others.

"20 years ago it was different from now because innovation in China was extra-ordinary. We are starting at the right time. If it fell like that in the past, now we just have to find the right partner to bring this technology. We can't just go to products with saturated markets can look for petrochemical products that can come from coal," he explained.

Menurutnya sektor batu bara termasuk

industri sunset yang akan segera ditinggal-kan, sehingga diperlukan upaya khusus jika ingin tetap memanfaatkan batu bara. Hiliri-sasi menjadi satu-satunya pilihan untuk me-manfaatkan batu bara dalam jangka panjang.

"Batu bara masih akan tumbuh tapi akan lebih sedikit dibanding green energy. Makanya ini butuh strategi jitu dan ini bukan pilihan mudah, kalau bangun PLTU mudah tapi produk kita tidak bisa bersaing, bisa jadi malah dibannedtidak bisa masuk," kata Arviyan dalam "Mining Forum: Prospek Industri Minerba 2021 CNBC Indonesia", Rabu (24/03/2021). Dia menegaskan hilirisasi batu bara men-jadi satu-satunya pilihan untuk meman-faatkan secara maksimal batu bara dalam jangka panjang, yang diproyeksikan akan ditinggalkan sebagai bahan bakar energi primer. Apalagi China juga menge-luarkan kebijakan melarang pembangunan PLTU pada 2050, menurutnya ini akan ber-dampak pada batu bara yang dimiliki. "Kita mengarah kesana beyond coal, karena 30-50 tahun lagi tidak akan ada batu bara karena demandnya sudah sedikt dan suplainya banyak," katanya.

Proyek hilirisasi batu bara juga bisa berlanjut hingga ke proyek petrokimia, tidak hanya berhenti di DME yang bisa menggantikan liquefied petroleum gas (LPG). Dia menyebutkan, di China, hilirisasi batu bara bisa sampai membuat poly-ethylene, polypropylene, avtur, aluminium, polyester, dan lainnya.

"20 tahun yang lalu beda dengan sekarang karena inovasi di China luar biasa. Kita mulai di saat yang tepat. Kalau dulu ikut jatuh gitu, sekarang kita tinggal mencari partner yang tepat untuk membawa tekno-logi ini. Nggak boleh hanya ke produk yang pasarnya jenuh. Kita bisa mencari produk petrokimia yang bisa berasal dari batu bara," paparnya.

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Daily News Update Page 10 He said that currently the DME project plan

carried out by the PTBA consortium with Pertamina and Air Products is estimated to cost around US$ 2.2 billion, in which PTBA will act as a coal supplier and Pertamina as DME's buyer (offtaker). This project is also targeted to start operating in the second quarter of 2024.

"In the fifth year after COD (commercial operation date), PTBA and Pertamina can have the option of owning shares. The risk of factory failure is not borne by PTBA or Pertamina, but 100% by investors," he said. (dob/dob)

Dia menyebut saat ini rencana proyek DME yang dikerjakan konsorsium PTBA dengan Peretamina dan Air Products diperkirakan akan menelan dana sekitar US$ 2,2 miliar, di mana PTBA akan bertindak sebagai pemasok batu bara dan Pertamina sebagai pembeli (offtaker) DME. Proyek ini pun ditargetkan bisa mulai beroperasi pada kuartal II 2024 mendatang.

"Pada tahun ke lima setelah COD (commercial

operation date), PTBA dan Pertamina bisa

punya opsi memiliki saham. Risiko kegagalan

pabrik tidak ditanggung oleh PTBA atau

Pertamina, tapi 100% oleh investor," ungkap -nya. (dob/dob)

At the end of March,

Freeport-Tsingshan Signs an Agreement

to Build a Smelter in Weda Bay

Rio Indrawan

IT IS reported that PT Freeport Indonesia

and Tsingshan have found a cooperation agreement for the construction of a processing and refining facility (smelter). This was revealed by Luhut Binsar Pandjaitan, the Coordinating Minister for Maritime Affairs and Investment (Marves). “Freeport is 52 years in Indonesia where there is an added value. Now, hopefully next week we will sign the smelter construction in Weda Bay between Freeport and Tsingshan,” said Luhut during a discussion on CNBC Indonesia TV, Wednesday (24/3).

Based on data presented by Luhut, the copper smelter construction agreement between Freeport and Tsingshan in the Weda Bay area, Halmahera will be signed on March 31, 2021. Furthermore,...

Akhir Maret, Freeport-Tsingshan

Tandatangani Kesepakatan

Pembangunan Smelter di Weda

Bay

Rio Indrawan

PT FREEPORT Indonesia dan Tsingshan

dikabarkan telah menemukan kesepakatan kerja sama pembangunan fasilitas peng-olahan dan pemurnian (smelter). Hal ter-sebut diungkapkan Luhut Binsar Pandjaitan, Menteri Koordinator Kemaritiman dan Investasi (Marves).

“Freeport 52 tahun di Indonesia mana ada nilai tambahnya. Sekarang mudah-mudahan tinggal minggu depan kita akan tanda tangan pembangunan smelter di Weda Bay antara Freeport dengan Tsingshan,” kata Luhut disela diskusi di CNBC Indonesia TV, Rabu (24/3).

Berdasarkan data yang dipaparkan Luhut, kesepakatan pembangunan smelter tembaga antara Freeport dan Tsingshan di kawasan Weda Bay, Halmahera akan ditandatangani pada 31 Maret 2021. Selanjutnya,...

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Daily News Update Page 11 Furthermore, the government and

Freeport will sign a revision of the Special Mining Business Permit (IUPK) agreement regarding concentrate export and smelter construction requirements on April 1, 2021.

"This creates an added value process for us. The smelter itself, but in the end Freeport was forced to join China and China who wanted to. He agreed with us, so that if this happens as part of the lithium battery process, we will plan it to occur in 2023," said Luhut.

According to Luhut, the green energy implementation target also requires copper and its derivatives, therefore the agreement to build a Freeport smelter is very important considering Freeport is the largest copper producer in the country and one of the largest in the world.

"Green energy will increase the demand for copper because everything has changed," he said.

Luhut revealed that there will be two smelters in Weda Bay. One for nickel and one for copper. In addition, there are derivatives and there are 12 thousand hectares of land available which will be built in an integrated industry.

"We hope this copper smelter will start producing in 2023. Meanwhile, the nickel smelter is now in production," said Luhut. Freeport management has often stated that the Freeport smelter project is a loss project. In fact, Freeport has agreed to build a smelter as one of the conditions for obtaining a contract extension until 2041 at the Grasberg mine, Papua.

The government also took the initiative to become an initiator so that the smelters would still be built through a partnership scheme.

Selanjutnya, pemerintah dan Freeport akan mendantangani revisi perjanjian Izin Usaha Pertambangan Khusus (IUPK) mengenai ekspor konsentrat dan per-syaratan pembangunan smelter pada 1 April 2021.

“Ini membuat suatu proses nilai tambah buat kita. Smelternya sendiri, tapi akhirnya terpaksa Freeport dengan China juga dan China yang mau. Dia nurut sama kita, sehingga kalau ini terjadi sebagai bagian dari proses lithium baterai yang akan kita rencanakan terjadi pada 2023,” ungkap Luhut.

Menurut Luhut, target implementasi energi hijau juga membutuhkan tembaga dan turunannya karena itu kesepakatan pem-bangunan smelter Freeport ini sangat penting mengingat Freeport adalah peng-hasil tembaga terbesar di tanah air dan salah satu yang terbesar di dunia

“Energi hijau akan meningkatkan kebutuhan

tembaga karena dia semua berubah,” tukas dia.

Luhut mengungkapkan akan ada dua smelter di Weda Bay. Satu untuk nikel dan satu tembaga. Selain itu, ada turunannya dan ada 12 ribu hektare lahan tersedia nantinya yang akan dibangun integrated industri.

“Kami berharap smelter tembaga ini akan mulai berproduksi 2023. sedangkan smelter nikel sekarang ini sudah ber-produksi,” ungkap Luhut.

Manajemen Freeport sudah kerap kali menyatakan bahwa proyek smelter Freeport adalah proyek rugi. Padahal membangun smelter sudah disepakati Freeport sebagai salah satu syarat men-dapatkan perpanjangan kontrak hingga 2041 di tambang Grasberg, Papua.

Pemerintah pun berinisiatif menjadi inisiator agar smelter tetap terbangun melalui skema kemitraan.

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Daily News Update Page 12 Tony Wenas, President Director of

Freeport Indonesia, acknowledged that there was a discussion with Tsingshan to find out the method of cooperation and the time frame for the smelter construction. Freeport management is also open to working together rather than building a smelter itself, even though it has to move the smelter construction site from Gresik to Halmahera.

"If it is economically and technically more feasible, we would prefer it (cooperation with Tsingshan). We want to explore, but whatever is done will ask for direction from the government. Even if Tsingshan is economically feasible and technically possible, of course we will ask for direction from the government,” said Tony. (RI)

Tony Wenas, Direktur Utama Freeport Indonesia, mengakui adanya pembicaraan dengan Tsingshan untuk mengetahui metode kerja sama hingga jangka waktu pembangunan smelter. Manajemen Freeport juga terbuka untuk bekerja sama dibanding membangun smelter sendiri, meskipun harus memindahkan lokasi pembangunan smelter dari Gresik ke Halmahera.

“Kalau secara ekonomis dan teknis lebih memungkinkan, kami prefer itu (kerja sama dengan Tsingshan). Kami mau explore, tapi apapun yang dilakukan akan minta arahan pemerintah. Kalaupun dari Tsingshan sudah ekonomis dan technically memungkinkan, tentu kami minta arahan pemerintah,” kata Tony. (RI)

Petrosea (PTRO) signed a

logistics services affiliate

agreement with its subsidiary

Reporter: Akhmad Suryahadi | Editor: Tendi Mahadi

PT PETROSEA Tbk (PTRO) signed an

agreement to provide logistics services with PT Pusat Sarana Baruna. PTRO and Pusat Sarana Baruna are affiliated companies with the same beneficiary owners.

In his statement, the Director of Petrosea, Meinar Kusumastuti, said that this agreement was related to the provision of logistics services for the company's interests in the Balikpapan area, which is located in the Interport Business Park. The purpose of this collaboration is to build strong synergy between affiliated companies.

Petrosea (PTRO) teken

perjanjian afiliasi layanan jasa

logistik dengan anak usaha

Reporter: Akhmad Suryahadi | Editor:

Tendi Mahadi

PT PETROSEA Tbk (PTRO)

menanda-tangani perjanjian penyediaan layanan jasa logistik dengan PT Pusat Sarana Baruna. PTRO dan Pusat Sarana Baruna adalah perusahaan terafiliasi dengan pemilik penerima manfaat yang sama.

Dalam keterangannya, Direktur Petrosea, Meinar Kusumastuti mengatakan, per-janjian ini terkait dengan penyediaan layanan jasa logistik untuk kepentingan perseroan di wilayah Balikpapan, yang berlokasi di Interport Business Park. Tujuan kerjasama ini adalah untuk mem-bangun sinergi yang kuat antar perusahaan afiliasi.

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Daily News Update Page 13 "This agreement will have a positive

impact on the sustainability of the Company's business and increase synergy between companies," said Meinar in his official statement on the Indonesia Stock Exchange (IDX) website, Wednesday (24/3).

The agreement that was signed on March 22, 2021 has an agreement term of 12 months.

Quoting the results of public exposure, As of the third quarter of 2020, the realization of PTRO's operational performance for the contract mining business line was 68.8 million bank cubic meters (BCM) for overburden volume and 19.1 million tons for coal production volume.

In 2021, the company plans to budget around US$ 100 million for capital expenditures to support an increase in the production capacity of the contract mining business line, including to maintain its equipment.

“Perjanjian ini akan berdampak positif pada keberlangsungan usaha Perseroan dan meningkatkan sinergi antara per-usahaan,” terang Meinar dalam keterangan resminya di laman Bursa Efek Indonesia (BEI), Rabu (24/3).

Adapun perjanjian yang diteken pada 22 Maret 2021 tersebut memiliki jangka waktu perjanjian 12 bulan.

Mengutip hasil paparan publik, Per kuartal ketiga 2020, realisasi kinerja operasional PTRO untuk lini bisnis contract mining yakni sebesar 68,8 juta bank cubic meter (BCM) untuk volume pengupasan (over-burden) dan 19,1 juta ton untuk volume produksi batubara.

Di tahun 2021, perseroan berencana untuk menganggarkan sekitar US$ 100 juta untuk keperluan belanja modal guna men-dukung peningkatan kapasitas produksi lini bisnis contract mining, termasuk untuk memelihara peralatan-peralatan yang dimiliki.

IMA Boss: Coal Downstream

Investors Must Be Made

Comfortable

CHAIRMAN of the Indonesia Mining

Association Ido Hutabarat said the government must provide incentives for downstream coal investors. This is because, as a new business, the investment value in coal gasification is very large and carries a high risk.

Bos IMA: Investor Hilirisasi

Batu Bara Harus Dibuat

Nyaman

KETUA Indonesia Mining Association Ido

Hutabarat mengatakan pemerintah harus memberikan insentif bagi investor hilirisasi batu bara. Pasalnya, sebagai bisnis yang baru, nilai investasi pada gasifikasi batu bara sangat besar dan memiliki risiko tinggi.

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Daily News Update Page 14 "The downstream investment cost in PTBA

reaches US$ 2.2 billion and with other companies it can total up to US$ 10 billion. There is a 100% risk of technology success or not that will be borne by investors," said Ido Hutabarat in the CNBC Indonesia Mining Forum with the theme "Prospects for the Minerba Industry in 2021", Wednesday (24/3/2021).

According to him, coal downstream investors must be convinced that the market for this product really exists. "For the domestic market, it can actually be easier through government intervention," he said.

Furthermore, he assessed the need for a segmentation in the coal downstream industry. For example, he said, PTBA carried out downstreaming with gas output, while KPC produced methanol and Arutmin produced ammonia.

"Government support is needed by providing a 0% royalty incentive for down-stream coal products and tax incentives," he explained.

"What is also important is the long-term plan for the next 20 years. The use of coal will not result in competition with electric stoves so that investment runs well and there is a return," he said.

On the same occasion, Ido Hutabarat requested that the downstreaming of coal be accelerated so that there is added value in this industry. "So it's time we don't just sell our homeland," he said

According to him, most of the products imported by Indonesia can actually be substituted for products from downstream coal. For example, coal gasification can produce gas and reduce LPG imports that have occurred so far.

"Biaya investasi hilirisasi di PTBA men-capai US$ 2,2 miliar dan sama perusahaan lain bisa total sampai US$ 10 miliar. Ada risiko teknologi berhasil atau tidak yang menjadi tanggungan investor 100%," ujar Ido Hutabarat dalam CNBC Indonesia Mining Forum dengan Tema "Prospek Industri Minerba 2021", Rabu (24/3/ 2021).

Menurutnya, investor hilirisasi batu bara harus diyakinkan bahwa pasar dari produk ini memang benar-benar ada. "Untuk pasar domestik sebenarnya bisa lebih mudah lewat intervensi pemerintah," ujarnya. Selanjutnya, dia menilai perlunya ada segmentasi dalam industri hilirisasi batu bara. Misalnya, dia menyebut, PTBA melakukan hilirisasi dengan output gas, sementara KPC menghasilkan metanol dan Arutmin menghasilkan amoniak.

"Perlu dukungan pemerintah dengan di-berikan insentif royalti 0% untuk produk batu bara hilirsasi dan tax insentif," jelasnya.

"Yang penting juga adalah rencana jangka panjang 20 tahun ke depan bagaimana. Penggunaan batu bara apakah tidak akan terjadi kompetisi dengan kompor listrik sehingga investasi jalan baik dan ada returnnya," ujarnya.

Pada kesempatan yang sama Ido Hutabarat meminta agar hilirisasi batu bara dipercepat agar ada nilai tambah dalam industri ini. "Jadi sudah saatnya kita tidak jual tanah air saja," ujarnya

Menurutnya, sebagian besar produk yang diimpor oleh Indonesia sebenarnya bisa disubstitusi dengan produk hasil hilirisasi batu bara. Misalnya gasifikasi batu bara dapat menghasilkan gas dan mengurangi impor LPG yang terjadi selama ini.

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Daily News Update Page 15 "Gasification of dme and coke results in

added value that generates additional income and reduces imports of gas and methanol. We have also started to utilize these minerals for domestic production," said Ido who is also the Director of PT Bumi Resources Tbk, the largest coal producer in Indonesia. (dob/dob)

"Gasifikasi dme dan kokas sehingga terjadi nilai tambah yang hasilkan penghasilan tambahan dan kurangi impor gas dan metanol. Mineral juga kita sudah mulai memanfaatkan mineral ini untuk produksi sendiri dalam negeri," ujar Ido yang juga merupakan Direktur PT Bumi Resources Tbk, produsen batu bara terbesar di Indonesia. (dob/dob)

BUMI Confidently Can Pay

Jumbo Debt This Year

Author: Finna U. Ulfah

THE COAL mining company, PT Bumi

Resources Tbk., is confident that it can pay off a significant amount of debt this year in line with the opportunity for an increase in performance this year due to the strengthening of coal prices.

Bumi Resources Director & Corporate Secretary Dileep Srivastava said that the coal market was in the recovery stage after coal demand and supply had been severely affected by the Covid-19 pandemic last year. This is reflected in the starting to strengthen demand and the increase in coal prices which had touched the level of US$ 100 per ton in the last few trades.

Based on Bloomberg data, at the close of trading on Tuesday (23/3/2021) the price of Newcastle coal for the April 2021 contract on the ICE parked at US$ 94.6 per ton, down 3.86 percent. During the current year 2021, coal prices have increased by 16.57 percent.

Srivastava assessed that the strengthening of coal prices was driven by supply pressure in line with massive flooding in one of the world's largest producers, Australia, which disrupted shipments.

BUMI Percaya Diri Bisa Bayar

Utang Jumbo Tahun Ini

Author: Finna U. Ulfah

EMITEN pertambangan batu bara, PT Bumi

Resources Tbk., percaya diri dapat mem-bayarkan utang dengan jumlah signifikan tahun ini seiring dengan peluang kenaikan kinerja tahun ini karena penguatan harga batu bara.

Director & Corporate Secretary Bumi Resources Dileep Srivastava mengatakan bahwa pasar batu bara sedang dalam tahap pemulihan setelah permintaan dan pasokan batu bara sangat terdampak negatif dari pandemi Covid-19 pada tahun lalu.

Hal itu tercermin dari permintaan yang mulai menguat dan kenaikan harga batu bara yang sempat menyentuh level US$100 per ton dalam beberapa perdagangan terakhir.

Berdasarkan data Bloomberg, pada penutupan perdagangan Selasa (23/3/2021) harga batu

bara Newcastle untuk kontrak April 2021 di bursa ICE parkir di level US$94,6 per ton, turun 3,86 persen. Sepanjang tahun berjalan 2021, harga batubara telah naik 16,57 persen.

Srivastava menilai penguatan harga batu bara itu didorong oleh tekanan pasokan seiring dengan banjir besar di salah satu produsen terbesar dunia, Australia, yang mengganggu pengiriman.

(16)

Daily News Update Page 16 Therefore, the issuer coded as BUMI

securities will maximize coal production and sales this year in line with the strengthening of prices to spur perfor-mance this year.

"Thus, we are optimistic that we can pay back our debt significantly this year," said Srivastava to Bisnis, Tuesday (23/3/2021). To note, in early January 2021, BUMI has processed the twelfth payment worth US$ 3.2 million which represents the loan interest for Tranche A. Thus, BUMI has made a total payment of US$ 334.8 million on Tranche A's principal and coupons. Meanwhile, the amount consists of the principal of Tranche A worth US$ 195.8 million. The remaining US$ 139 million represents interest including accrued interest and unpaid interest or back interest.

He said the next payment for Tranche A will be due in April 2021. The PIK Coupon from April 11, 2018 to October 16, 2020 for Tranche B and C has also started to be capitalized.

In 2021, BUMI is targeting production and sales volume this year to be in the range of 85 million-90 million tons. This figure is higher than the acquisition in 2020, namely the sales volume of unaudited coal reached 81.5 million tons, while the unaudited production volume was 81.1 million tons.

In addition to boosting operational targets, BUMI will also focus on enriching the product mix by increasing high-calorie coal production from the Arumin mine while reducing expenses to strengthen margins. On the other hand, BUMI has allocated a capital expenditure (capex) in 2021 of around US$ 60 million to US$ 70 million.

Oleh karena itu, emiten berkode efek BUMI itu akan memaksimalkan produksi dan penjualan batu bara tahun ini seiring dengan penguatan harga untuk memacu kinerja tahun ini.

“Dengan demikian, kami optimistis dapat membayar kembali hutang kami secara signifikan pada tahun ini,” papar Srivastava kepada Bisnis, Selasa (23/3/2021).

Untuk diketahui, pada awal Januari 2021, BUMI telah memproses pembayaran keduabelas senilai US$3,2 juta yang mewakili bunga pinjaman untuk Tranche A. Dengan demikian, BUMI telah melaku-kan pembayaran total US$334,8 juta atas pokok dan kupon Tranche A.

Adapun, jumlah itu terdiri atas pokok Tranche A senilai US$195,8 juta. Sisanya, US$139juta merupakan bunga termasuk bunga akrual dan bunga yang belum dibayar atau back interest.

Dia mengatakan pembayaran berikutnya atas Tranche A akan jatuh tempo pada April 2021. Kupon PIK dari tanggal 11 April 2018 hingga 16 Oktober 2020 atas Tranche B dan C juga sudah mulai di-kapitalisasi.

Pada 2021, BUMI menargetkan volume produksi dan penjualan tahun ini di kisaran 85 juta-90 juta ton. Angka itu lebih tinggi daripada perolehan 2020, yaitu volume penjualan batu bara unaudited mencapai 81,5 juta ton, sedangkan volume produksi unaudited sebesar 81,1 juta ton. Selain menggenjot target operasional, BUMI juga akan fokus memperkaya bauran produk dengan meningkatkan produksi batu bara kalori tinggi dari tambang Arumin sembari mengurangi beban untuk memperkuat margin.

Di sisi lain, BUMI mengalokasikan belanja modal atau capital expenditure (capex) 2021 sekitar US$60 juta hingga US$70 juta.

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Daily News Update Page 17 In addition, Srivastava explained that the

progress of the coal gasification project by its subsidiary PT Kaltim Prima Coal (KPC) is quite good and it is expected that the commissioning will be in 2023 or 2024. For information, in the gasification project, KPC will later act as a coal supplier of around 6 million tons per year from a cooperation project between Bakrie Capital Indonesia, Air Products and Chemicals Inc, and PT Ithaca Resources worth US$ 2 billion.

On the trading floor, at the close of trading session 1 Wednesday (24/3/2021), BUMI's shares were at Rp68 per share, corrected by 6.85 percent. In the last 1 trading month, BUMI has strengthened 9.68 percent. BUMI's total market capitalization is Rp5.05 trillion. Editor: Hafiyyan

Selain itu, Srivastava menjelaskan progres proyek gasifikasi batu bara oleh anak usahanya PT Kaltim Prima Coal (KPC) cukup baik dan diekspektasikan commisioning pada 2023 atau 2024. Untuk diketahui, dalam proyek gasifikasi itu KPC nantinya akan bertindak sebagai pemasok batu bara sekitar 6 juta ton per tahun dari proyek kerja sama antara Bakrie Capital Indonesia, Air Products and Chemicals Inc, dan PT Ithaca Resources senilai US$2 miliar.

Di lantai bursa, pada penutupan perda-gangan sesi 1 Rabu (24/3/2021), saham BUMI di posisi Rp68 per saham, terkoreksi 6,85 persen. Dalam perdagangan 1 bulan terakhir, BUMI telah menguat 9,68 persen. Total kapitalisasi pasar BUMI sebesar Rp5,05 triliun. Editor : Hafiyyan

Coal Production Penetrates 102

Million Tons As of March 14th

THE MINISTRY of ESDM revealed that

coal production reached 102 million tons as of March 14, 2021. This figure represents 18.65 percent of this year's production target, 550 million tons.

Deputy Director General of Mineral and Coal at the Ministry of ESDM Andri Firmanto said Indonesia currently has coal resources of 143 billion tons and coal reserves of 38.85 billion tons. This amount places Indonesia as one of the major mineral players in the global arena.

"Indonesia's coal reserves are the sixth largest in the world, so Indonesia plays an important role in the global coal mining industry," he said at the CNBC Indonesia Mining Forum, Wednesday (24/3).

Produksi Batu Bara Tembus 102

Juta ton Per 14 Maret

KEMENTERIAN ESDM mengungkapkan

produksi batu bara mencapai 102 juta ton per 14 Maret 2021. Angka itu mewakili 18,65 persen dari target produksi tahun ini, 550 juta ton.

Deputi Direktur Ditjen Minerba Kementerian ESDM Andri Firmanto mengatakan Indonesia saat ini memiliki sumber daya batu bara

sebesar 143 miliar ton dan cadangan batubara sebesar 38,85 miliar ton. Jumlah itu

menem-patkan Indonesia sebagai salah satu pemain besar mineral tersebut di kancah global. "Cadangan batu bara Indonesia merupakan

terbesar keenam di dunia, sehingga Indonesia berperan penting dalam industri pertam-bangan batu bara global," ujarnya dalam acara Mining Forum CNBC Indonesia, Rabu (24/3).

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Daily News Update Page 18 Currently, he continued, the government is

pushing the added value of coal, one of which is through the coal gasification project into dimethyl ether (DME). The project is expected to meet the need for substitution for LPG and ethanol imports. "The coal development and utilization program currently focuses on energy independence, where one of the priorities is the government to encourage the development of coal to produce ethanol and DME," he explained.

Previously, the Director General of Mineral and Coal at the Ministry of ESDM, Ridwan Djamaluddin, revealed that in the most extreme scenario, Indonesia's coal pro-duction must be cut by 90 percent by 2050. The goal is to reduce the temperature by 1.5 degrees Celsius.

The reason is, now climate change is a challenge that must be faced by the coal industry going forward. As the largest contributor to global warming from the energy sector, the demand to reduce coal use is getting higher.

"If we follow the 1.5 degree reduction in earth's temperature, the use of coal is targeted to fall by 90 percent. This is a big challenge for us. If this happens we will reduce our coal production by 90 percent and also its impacts," Ridwan said in a statement virtual discussion recently. Meanwhile, in the reference held by policy makers in the world today, the decline in coal demand until 2050 will reach 40 percent (4.7 million tonnes). (ulf/sfr)

Saat ini, lanjutnya, pemerintah tengah mendorong nilai tambah batu bara salah satunya melalui proyek gasifikasi batu bara menjadi dimethyl ether (DME). Proyek tersebut diharapkan bisa memenuhi kebutuhan substitusi impor elpiji dan etanol.

"Program pengembangan dan peman-faatan batu bara saat ini fokus untuk kemandirian energi, di mana yang menjadi salah satu prioritas adalah pemerintah mendorong pengembangan batu bara untuk menghasilkan etanol dan DME," jelasnya.

Sebelumnya, Direktur Jenderal Mineral dan Batu Bara Kementerian ESDM Ridwan Djamaluddin mengungkapkan dalam skenario paling ekstrem, produksi batu bara Indonesia harus dipangkas hingga 90 persen pada 2050. Tujuannya, untuk menurunkan suhu 1,5 derajat celcius. Pasalnya, kini perubahan iklim menjadi tantangan yang harus dihadapi industri batu bara ke depan. Sebagai penyumbang pemanasan global terbesar dari sektor energi, tuntutan untuk menurunkan peng-gunaan batu bara semakin tinggi.

"Jika kami mengikuti penurunan 1,5 derajat suhu bumi, penggunaan batu bara ditargetkan turun hingga 90 persen. Ini tantangan besar bagi kita. Kalau ini terjadi kita akan mengurangi produksi batu bara kita hingga 90 persen dan juga dampak-dampaknya," ujar Ridwan dalam diskusi virtual belum lama ini.

Sementara, dalam acuan yang dipegang oleh pengambil kebijakan di dunia saat ini, penurunan permintaan batu bara hingga 2050 akan mencapai 40 persen (4,7 juta ton). (ulf/sfr)

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Not carelessly, Indonesia's 6th

Largest Coal Reserves in the

World!

INDONESIA is indeed famous for its

natural resources and energy, one of which is coal. In fact, Indonesia is said to have the sixth largest coal resource in the world. This was conveyed by Andri B. Firmanto, Deputy Director of Mineral Exploration Supervision at the Directorate General of Mineral and Coal, Ministry of Energy and Mineral Resources.

Andri said, Indonesia's coal resources reached 143 billion tons, 34% of which contain low calories.

"Indonesia's coal resources are 143 billion tons, 34% low calories, so that the opportunity is even greater and this is the sixth largest in the world," he said in the "Mining Forum: Prospects for the 2021 Minerba Industry CNBC Indonesia", Wednesday (24/03/2021).

Andri said, with the large amount of coal resources, the government is targeting the development and utilization of coal in the country. This is also one of the require-ments for the extension of the permit from the Coal Mining Exploitation Work Agreement (PKP2B) to a Special Mining Business License (IUPK).

In 2020, the use of coal in the country will reach 131.89 million tons, the largest is still for Steam Power Plants (PLTU) and the rest for processing and refining facilities (smelters), cement factories, fertilizer factories, paper factories and briquettes.

Gak Kaleng-Kaleng, Cadangan

Batu Bara RI Terbesar ke-6

Dunia!

I

NDONESIA memang terkenal dengan sumber daya alam dan energi, salah satunya batu bara. Bahkan, Indonesia disebut memiliki sumber daya batu bara terbesar keenam di dunia.

Hal tersebut disampaikan Andri B. Firmanto, Deputi Direktur Pengawasan Eksplorasi Mineral Direktorat Jenderal Mineral dan Batu Bara Kementerian Energi dan Sumber Daya Mineral.

Andri mengatakan, sumber daya batu bara Indonesia mencapai 143 miliar ton dengan 34% mengandung kalori rendah.

"Sumber daya batu bara Indonesia 143 miliar ton, 34% kalori rendah, sehingga peluang semakin besar dan ini terbesar keenam di dunia," ungkapnya dalam "Mining Forum: Prospek Industri Minerba 2021 CNBC Indonesia", Rabu (24/03/2021).

Andri mengatakan, dengan besarnya sumber

daya batu bara ini, maka pemerintah menargetkan adanya pengembangan dan pemanfaatan batu bara di dalam negeri. Hal ini juga menjadi salah satu syarat perpan-jangan izin dari Perjanjian Karya Peng-usahaan Pertambangan Batu Bara (PKP2B) menjadi Izin Usaha Pertambangan Khusus (IUPK).

Pada 2020, pemanfaatan batu bara di dalam negeri mencapai 131,89 juta ton, terbesar masih untuk Pembangkit Listrik Tenaga Uap (PLTU) dan sisanya untuk fasilitas peng-olahan dan pemurnian (smelter), pabrik semen, pabrik pupuk, pabrik kertas, dan briket.

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Daily News Update Page 20 Going forward, the government will

encourage added value of coal through coal gasification programs, coal liquefaction, and others.

"It is hoped that this program can substitute LPG," he said. (wia)

Ke depannya, pemerintah akan mendorong nilai tambah batu bara melalui program gasifikasi batu bara, pencairan batu bara, dan lainnya.

"Diharapkan program ini bisa substitusi LPG," ujarnya. (wia)

PTBA Closes Its Coal Trading

Subsidiary

Aditya pratama

PT BUKIT Asam Tbk (PTBA) closed and

liquidated Anthrakas Pte. Ltd (Anthrakas). Antharakas is owned by PTBA's subsidiary, namely PT Bukit Asam Prima (PT BAP). Quoted from the information disclosure of the IDX, Anthrakas business activities are engaged in coal trading and have been operating commercially since 2014, however in 2020 and 2021 Anthrakas will not have any business activities. The closing and liquidation of Anthrakas will be carried out on March 22, 2021, in which PT BAP has approved the closure of Anthrakas as contained in the Minutes of Extra-ordinary General Meeting of Anthrakas (Minutes of EGM).

"Based on the Minutes of EGM, liquidators have also been appointed, namely Joshua James Taylor and Chew Ee Ling, both of whom are from the Alvarez & Marsal (SE Asia) Pte. Ltd. Office, which is located at Six Battery Road, #16-01/02, Singapore. 049909," said the official PTBA statement, Thursday (25/3/2021).

PTBA said that the closure was carried out in connection with the company's group restructuring/downsizing plan in order to transform into an agile company. The closure has no impact...

PTBA Tutup Anak Usaha

Perdagangan Batubara

Aditya pratama

P

T BUKIT Asam Tbk (PTBA) melakukan penutupan dan likuidasi terhadap Anthrakas Pte. Ltd (Anthrakas). Adapun Antharakas dimiliki oleh entitas anak usaha PTBA, yaitu PT Bukit Asam Prima (PT BAP).

Dikutip dari keterbukaan informasi BEI, kegiatan Usaha Anthrakas bergerak dalam bidang perdagangan batu bara dan telah beroperasi secara komersial sejak tahun 2014, namun di tahun 2020 dan 2021 tidak ada aktivitas usaha yang dilakukan oleh Anthrakas. Adapun penutupan dan likuidasi terhadap Anthrakas dilakukan pada 22 Maret 2021, dimana PT BAP telah menyetujui penutupan Anthrakas sebagaimana dimuat dalam Minutes of Extraordinary General Meeting Anthrakas (Minutes of EGM).

"Berdasarkan Minutes of EGM tersebut, juga telah dilakukan penunjukan likuidator yaitu Joshua James Taylor dan Chew Ee Ling yang keduanya berasal dari Kantor Alvarez & Marsal (SE Asia) Pte.Ltd yang beralamat di Six Battery Road, #16-01/02, Singapura 049909," bunyi keterangan resmi PTBA, Kamis (25/3/2021). PTBA menyampaikan, penutupan tersebut di-lakukan sehubungan dengan rencana restruk-turisasi/perampingan grup Perseroan dalam rangka bertransformasi menjadi perusahaan yang agile. Dengan dilakukannya penutupan tersebut tidak memiliki dampak...

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Daily News Update Page 21 The closure has no impact on the Company

considering that there has been no contribution to the Company's finances in a consolidated manner.

The Company's investment through PT BAP with capital injection in Anthrakas is US $ 2.1 million. So by taking into account the Company's Equity as of December 31, 2020 (Audited) which was recorded at Rp 16.94 trillion, the closing of Anthrakas does not include material transactions. Total Anthrakas assets as of December 31, 2020 (Audited) were recorded at Rp.29.06 billion.

Therefore, after closing, the Company will derecognize Assets (including any Goodwill) and Liabilities at their carrying value. Amounts previously recognized in Other Comprehensive Income are also reclassified to the Income Statement or transferred directly to Retained Earnings and the remaining previous investment is recognized at fair value. Any difference between the carrying value of the remaining investment at the date when control is lost and its fair value is recognized in the Profit or Loss Statement.

(nng)

Dengan dilakukannya penutupan tersebut tidak memiliki dampak terhadap Perseroan mengingat belum adanya kontribusi ter-hadap keuangan Perseroan secara konsoli-dasian.

Investasi Perseroan melalui PT BAP dengan penyetoran modal pada Anthrakas sebesar 2,1 juta dolar AS. Maka dengan mem-perhatikan Ekuitas Perseroan per tanggal 31 Desember 2020 (Audited) yang tercatat sebesar Rp16,94 Triliun, penutupan Anthrakas tidak termasuk transaksi material. Total Aset Anthrakas per 31 Desember 2020 (Audited) tercatat sebesar Rp29,06 miliar.

Oleh karena itu setelah penutupan, Perseroan akan menghentikan pengakuan Aset (termasuk setiap Goodwill) dan Liabilitas pada nilai tercatatnya. Jumlah yang sebelumnya diakui dalam Penghasilan Komprehensif Lain juga direklasifikasi ke Laporan Laba Rugi atau dialihkan secara langsung ke Saldo Laba dan sisa investasi terdahulu diakui sebesar nilai wajarnya. Setiap perbedaan antara nilai tercatat sisa investasi pada tanggal hilangnya pengen-dalian dan nilai wajarnya diakui dalam Laporan Laba Rugi. (nng)

Still Safe Gaes, Coal Prices Hold

at US$ 95/ton

Tirta Citradi, CNBC Indonesia

AFTER falling, coal prices showed an

upward movement. At the close of trading yesterday (24/3/2021), the ICE Newcastle thermal coal futures contract price rose 0.85% to US$ 95.4/ton.

Masih Aman Gaes, Harga Batu

Bara Tahan di US$ 95/ton

Tirta Citradi, CNBC Indonesia

USAI anjlok, harga batubara menunjukkan

pergerakan naik. Pada penutupan perda-gangan kemarin (24/3/2021), harga kontrak futures batu bara termal ICE New-castle menguat 0,85% ke US$ 95,4/ton.

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Daily News Update Page 22 This week, the coal contract price that was

actively traded on the futures exchange touched the level of US$ 98.4/ton, which is the highest level in the last two years. In BRI Danareksa Sekuritas' research, the coal price for 2021 is estimated to be higher in 2021. The black stone price is predicted to be in the range of US$ 70 - US$ 80 per ton in line with the global economic recovery.

India's thermal coal imports are expected to increase by 12.2% (yoy) in 2021 on the back of a recovery in industrial activity in the country.

In addition, BRI Danareksa Sekuritas believes that China's ban on imports of Australian coal by China since the last quarter of last year will benefit Indonesia's coal prices.

In the first 10 months of last year, China's thermal coal imports from Australia contributed around 22.9% of China's total thermal coal imports.

Finally, heavy rains caused by the La-Nina climate phenomenon are expected to further tighten coal production in Indonesia by 2021.

The Ministry of Energy and Mineral Resources (ESDM) shows flat growth in Indonesia's coal production of 550 million tonnes for 2021 subject to further recovery in global economic growth.

In the long term, demand for coal will be supported by demand from the Southeast Asian region. In particular, coal demand will be driven by coal-based power plants to be built in Vietnam and Indonesia. Coal imports from China and India are expected to decline in the medium-long term in line with the increase in domestic production. In addition,...

Di minggu ini, harga kontrak batu bara yang aktif ditransaksikan di bursa berjangka tersebut sempat menyentuh level US$ 98,4/ton yang merupakan level tertinggi dalam dua tahun terakhir.

Dalam riset BRI Danareksa Sekuritas, harga batu bara untuk tahun 2021 diperkirakan bakal lebih tinggi di tahun 2021 ini. Harga si batu hitam diramal bakal berada di rentang US$ 70 - US$ 80 per ton seiring dengan ada-nya pemulihan ekonomi global.

Impor batu bara termal India diperkirakan akan meningkat 12,2% (yoy) pada tahun 2021 didukung oleh pemulihan aktivitas industri di negara tersebut.

Selain itu dalam laporan tersebut BRI Danareksa Sekuritas percaya bahwa larangan impor batu bara Australia oleh China sejak kuartal terakhir tahun lalu akan menguntungkan harga batu bara Indonesia. Pada periode 10 bulan pertama tahun lalu impor batu bara termal China dari Australia menyumbang sekitar 22,9% dari total impor batu bara termal China.

Terakhir, hujan deras yang disebabkan oleh fenomena iklim La-Nina diperkirakan akan semakin memperketat produksi batu bara di Indonesia pada tahun 2021.

Kementerian Energi dan Sumber Daya Mineral (ESDM) menunjukkan pertumbuhan yang datar pada produksi batu bara Indonesia sebesar 550 juta ton untuk tahun 2021 tergantung pada pemulihan lebih lanjut di pertumbuhan ekonomi global.

Untuk jangka panjang permintaan batu bara akan ditopang oleh permintaan dari kawasan Asia Tenggara. Secara khusus, permintaan batu bara akan didorong oleh pembangkit listrik berbasis batu bara yang akan dibangun di Vietnam dan Indonesia.

Impor batu bara China dan India diperkirakan akan menurun dalam jangka menengah-panjang seiring dengan peningkatan produksi dalam negerinya. Selain itu,...

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Daily News Update Page 23 In addition, with China continuing its

policy of thermal coal import quotas to support domestic production, this will affect future global coal prices. CNBC INDONESIA RESEARCH TEAM (twg/twg)

Selain itu, dengan China yang akan melanjutkan kebijakan kuota impor batu bara termal untuk mendukung produksi dalam negeri, hal ini akan mempengaruhi harga batu bara global di masa depan. TIM RISET CNBC INDONESIA (twg/twg)

Freeport-McMoRan boosts dividend by 50%

MINING.COM Staff Writer

FREEPORT-McMoRan (NYSE: FCX) announced on Wednesday that its board of directors has

declared a cash dividend of $0.075 per share on FCX’s common stock payable on May 3, 2021, to stockholders of record as of April 15, 2021.

In a news release, the Arizona-based miner said the dividend is part of its strategic objectives of maintaining a strong balance sheet, increasing cash returns to shareholders and advancing opportunities for future growth.

In March 2020, Freeport announced its decision to slash costs and stop dividend payments due to the rapid worldwide spread of the coronavirus pandemic.

However, earlier this year, the company adopted a new financial policy, which includes the reinstatement of a base dividend at an annual rate of $0.30 per share. This represents a 50% increase on its previous cash dividend of $0.20 per share prior to suspending these payments last year.

The policy also includes a performance-based payout framework, to be implemented following achievement of a net debt target in the range of $3-$4 billion, excluding project debt for additional smelting capacity in Indonesia.

Under the performance-based payout framework, up to 50% of available cash flows generated after planned capital spending and distributions to noncontrolling interests would be allocated to shareholder returns, and the balance to debt reduction and investments in value-enhancing growth projects, the company said.

The increased dividend payment comes as the copper giant saw unprecedented production in 2020. Copper output climbed to 3.2 billion pounds for the year, while 855,000 ounces of gold and 80 million pounds of molybdenum were also produced. For the year, the company generated $3 billion in operating cash flow.

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China's Zijin Mining reports up to 140% net profit growth in Q1 2021

By Vladimir Basov

ZIJIN Mining reported today that the company preliminarily estimates that its realized net

profit attributable to owners of the listed company to range from RMB2.3 billion (~$353 million) to RMB2.5 billion (~$383 million) for the first quarter of 2021, representing an increase of between 121.15% to 140.38% compared with the same period of last year.

The company said that during the reporting period, the company strived to overcome the impact of the pandemic in overseas countries and effect of the Chinese New Year holiday, fully captured market opportunities and actively organized production. As a result, both of the production volumes and selling prices of mine-produced products increased year-on-year. Zijin Mining Group is a senior multinational mining group principally engaged in the prospecting, exploration and mining of gold, copper and other mineral resources.

Metso Outotec addresses standardisation and flexibility needs with

new grinding mills

Posted by Daniel Gleeson

M

ETSO Outotec has, after reviewing the combined horizontal mill product offering from the Metso and Outotec companies, unveiled a “harmonised” Metso Outotec horizontal mill product line that, it says, represent the best of both legacy companies.

The Metso Outotec Premier™ horizontal grinding mills and Select™ horizontal grinding mills are designed for different customer segments and markets, and they have distinctly different features and benefits. In both lines, there are various mill solutions available for a wide range of applications.

The Premier horizontal grinding mills are customisable solutions built on state-of-the-art grinding mill technology, process expertise, and design capability, the company says. The Premier horizontal grinding mills are engineered to “excel and create vast possibilities” for customers and applications.

The Select horizontal grinding mills are a range of pre-engineered solutions that allow simple mill selection, simplified proposal preparation, and a streamlined order execution process. Select horizontal grinding mills feature a suite of technologies and conservative design parameters that meet or exceed operational goals, Metso Outotec claims. Select horizontal grinding mill sizes are available for applications up to 7.8 MW for both the SAG and ball mills. Rod mills are available up to Ø4.60 m x 6.10 m EGL.

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