TABLE OF CONTENTS. No. Title Media Source Page

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Daily News Update Page 1

“In the first quarter of 2021, the Company succeeded in maintaining its operational reliability after our efforts to deal with the Covid-19 pandemic were increasingly focused. We are grateful for this achieve-ment,” said Nico in an information disclosure on the Indonesia Stock Exchange website, Monday (19/4).

The production target for issuers with the ticker code INCO in 2021 is around 64,000 MT. This realization is lower than last year, where INCO plans to rebuild one of its electric furnaces this year.

In comparison, INCO produced 72,237 metric tons of nickel in matte throughout 2020. This realization was up 2% compared to 2019's achievement of 71,025 tons. However, this achievement is slightly below the new production plan installed by INCO last year, which is in the range of 73,000 tons.

Produksi nikel Vale Indonesia

(INCO) menurun 14% di kuartal

pertama 2021

Reporter: Akhmad Suryahadi | Editor: Noverius Laoli

P

T VALE Indonesia Tbk melaporkan telah memproduksi 15.198 metrik ton (MT) nikel dalam matte pada triwulan pertama tahun 2021. Realisasi ini menurun masing-masing 8% dan 14% jika dibandingkan dengan produksi pada kuartal keempat 2020 dan kuartal pertama 2020.

Adapun produksi pada kuartal keempat mencapai 16.445 MT sementara produksi pada kuartal pertama mencapai 17.614 MT. Nicolas Kanter, CEO dan Presiden Direktur Vale Indonesia menyebut, penurunan ini karena adanya aktivitas pemeliharaan. “Pada triwulan pertama tahun 2021, Perseroan berhasil mempertahankan keandalan operasionalnya setelah upaya kami menangani pandemi Covid-19 yang semakin terarah. Kami bersyukur atas pen-capaian ini,” kata Nico dalam keterbukaan informasi di laman Bursa Efek Indonesia, Senin (19/4).

Adapun target produksi emiten dengan kode saham INCO pada tahun 2021 adalah sekitar

64.000 MT. Realisasi ini lebih rendah dibanding tahun lalu, di mana INCO meren-canakan membangun kembali (rebuild) salah satu tanur listrik tahun ini.

Sebagai perbandingan, INCO memproduksi 72.237 metrik ton nikel dalam matte sepanjang 2020. Realisasi ini naik 2%

dibandingkan capaian pada 2019 yakni 71.025 ton. Hanya saja, capaian ini berada sedikit di bawah rencana produksi baru yang dipasang INCO tahun lalu, yakni di kisaran 73.000 ton.

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Daily News Update Page 4 Vale Indonesia Chief Financial Officer

Bernardus Irmanto said this production figure was indeed slightly lower than the previously announced figure. This is due to planned maintenance which took longer than planned.

However, this figure is still in the range of production figures expected by Vale Indonesia. "In the midst of the challenges of operating in pandemic conditions, we consider this figure to be quite good," explained Bernardus when contacted by Kontan.co.id, last February.

At that time, Bernardus did say that INCO's production target this year would be below 70,000 MT.

Chief Financial Officer Vale Indonesia Bernardus Irmanto mengatakan, angka produksi ini memang sedikit lebih rendah dari angka yang diumumkan sebelumnya. Hal ini karena adanya pemeliharaan teren-cana (planned maintenance) yang memakan waktu lebih lama dari yang direncanakan. Tetapi, angka ini masih pada kisaran angka produksi yang diharapkan Vale Indonesia. “Di tengah-tengah tantangan beroperasi dalam kondisi pandemi, angka tersebut kami anggap cukup baik,” terang Bernardus saat dihubungi Kontan.co.id, Februari silam. Kala itu, Bernardus memang mengatakan bahwa target produksi INCO tahun ini akan berada di bawah angka 70.000 MT.

Adaro (ADRO) targets Coking

Coal production to reach 3

million tons by 2023

Author: Finna U. Ulfah

T

HE COAL mining company, PT Adaro Energy Tbk., will boost production of high-calorie coal or coking coal.

Adaro Energy Chief Financial Officer Lie Luckman said that the company is targeting the coking coal production volume in 2021 to be in the range of 2.4 million tons to 2.5 million tons.

This target is almost double the realization of the coking coal production of the issuer coded ADRO shares in 2020 of 1.5 million tons.

The increase in production is also in line with a number of successful trials carried out by the company in 2020.

Adaro (ADRO) Targetkan

Produksi Coking Coal Capai 3

Juta ton pada 2023

Author: Finna U. Ulfah

E

MITEN pertambangan batu bara, PT Adaro Energy Tbk., akan menggenjot produksi batu bara kalori tinggi atau coking coal.

Chief Financial Officer Adaro Energy Lie Luckman mengatakan bahwa perseroan menargetkan volume produksi coking coal pada 2021 berada di kisaran 2,4 juta ton hingga 2,5 juta ton.

Target tersebut hampir dua kali lipat dari realisasi produksi batu bara coking coal emiten berkode saham ADRO itu pada 2020 sebesar 1,5 juta ton.

Peningkatan produksi itu pun sejalan dengan sejumlah uji coba yang berhasil dilakukan oleh perseroan pada 2020.

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Daily News Update Page 5 He hopes that the increase in high calorie

coal production can balance the production of low calorie coal or thermal coal, which is currently still the main contributor to sales.

"This year we are trying to maximize the coking coal. We hope that in 2-3 years we

can reach 3 million tons or more," Luckman

told the media, Monday (19/4/2021). Meanwhile, overall ADRO targets coal production volume in the range of 52 million-54 million tons in 2021.

In line with the increase in high calorie coal production, the company is also opening new market penetration for this type of coal. Pasa is primarily aimed at countries that produce a lot of steel.

He also revealed that the market demand for world coking coal is also getting more prospective.

"Our coking coal is currently exploring Japan, India, domestically, as well as China. We are actively opening up the coking coal market and introducing AMC [Adaro Metcoal Companies] coal products, especially to Asian countries that produce steel," said Luckman. Editor: Hafiyyan

Dia berharap, peningkatan produksi batu bara kalori tinggi ini dapat menyeimbangkan produksi batu bara kalori rendah atau thermal coal yang saat ini masih menjadi kontributor utama penjualan.

“Tahun ini kami coba maksimalkan dari coking coal-nya. Berharap lambat laun kami bisa mencapai dalam 2-3 tahun itu bisa mencapai 3 juta ton atau lebih,” ujar Luckman kepada media, Senin (19/4/2021).

Adapun, secara keseluruhan ADRO menarget-kan volume produksi batu bara di kisaran 52 juta-54 juta ton pada 2021.

Sejalan dengan peningkatan produksi batu

bara kalori tinggi, perseroan juga tengah mem -buka penetrasi pasar baru untuk batu bara jenis itu. Pasa terutama ditujukan kepada negara yang banyak memproduksi baja. Dia pun mengungkapkan bahwa permintaan pasar terhadap coking coal dunia juga semakin prospektif.

“Coking coal kami sedang jajaki Jepang, India, dalam negeri, juga ada China. Kami sedang giat-giatnya membuka pasar coking coal dan kenalkan produk batu bara AMC [Adaro

Metcoal Companies] khususnya ke negara Asia

yang menghasilkan baja,” papar Luckman.

Editor : Hafiyyan

Coal Prices Soaring, BUMI

Increases Exports to China

Rahajeng Kusumo Hastuti, CNBC Indonesia

T

HE GOOD news from China succeeded in bringing the price of ICE Newcastle thermal coal futures skyrocketing 8% last week and reaching US$ 92.4/ton. This is the highest price since the end of March.

Harga Batu Bara Melesat, BUMI

Tingkatkan Ekspor ke China

Rahajeng Kusumo Hastuti, CNBC Indonesia

K

ABAR baik dari China berhasil membawa harga batu bara termal ICE Newcastle berjangka meroket 8% seminggu lalu dan tembus US$ 92,4/ton. Ini merupakan harga tertinggi sejak akhir bulan Maret.

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Daily News Update Page 6 The increase in coal prices is also good

news for the largest coal producer in Indonesia, PT Bumi Resources Tbk (BUMI). Director and Corporate Secretary Dileep Srivastava said last week the price of coal had skyrocketed and was expected to last until the end of the year.

"Previously, coal prices in Asia were corrected due to strong demand but Indonesia's supply seems limited," said Dileep, Monday (19/04/2021).

He admitted that currently the demand for coal from China is very high, in line with the country's high economic growth and supply is still hampered. The company is also preparing a new business for China, especially since the country contributes 20 percent of Bumi Resources exports.

"China is the largest coal importer and as their economy strengthens, it is natural to expect an increase in demand from them," he said.

In 2021, the largest coal issuer plans to produce 85-90 million tonnes, a rapid increase compared to the realization in 2020 which was nearly 82 million tonnes. Dileep revealed that even though the potential for the export market is very large, the company still prioritizes the domestic market to meet coal demand, after that only other countries.

"Apart from Indonesia, India, China and Japan are our three biggest export markets," said Dileep.

Previously, China's economy was said to have grown in double digits in the first quarter of this year. China's economic cake expanded for the fourth straight quarter. This quarter's gross domestic product (GDP) growth was the highest compared to the previous three quarters, namely 18.3%. This figure is even higher than...

Peningkatan harga batu bara ini pun menjadi kabar baik bagi produsen batu bara terbesar di Indonesia PT Bumi Resources Tbk (BUMI). Direktur dan Sekretaris Perusahaan Dileep Srivastava mengatakan pada pekan lalu harga batu bara telah meroket dan diharap-kan dapat bertahan hingga akhir tahun. "Sebelumnya harga batu bara di Asia ter-koreksi karena permintaan kuat tetapi pasokan Indonesia tampaknya terbatas," kata Dileep, Senin (19/04/2021).

Dia mengakui saat ini permintaan batu bara dari China sangat tinggi, seiring tingginya pertumbuhan ekonomi negara tersebut dan pasokan masih terhambat. Perusahaan pun tengah mempersiapkan bisnis baru untuk China, apalagi negara tersebut berkontribusi pada 20% ekspor Bumi Resources.

"China adalah importir batubara terbesar dan seiring dengan penguatan ekonomi mereka, wajar untuk mengharapkan pening-katan permintaan dari mereka," ujarnya. Pada 2021, emiten batu bara terbesar ini berencana memproduksi 85-90 juta ton, meningkat pesat dibandingkan realisasi 2020 yang hampir 82 juta ton. Dileep meng-ungkapkan meski potensi pasar ekspor sangat besar perusahaan tetap mem-prioritaskan pasar domestik untuk meme-nuhi kebutuhan batu bara, setelah itu baru negara lainnya.

"Selain Indonesia, India, Cina dan Jepang adalah tiga pasar ekspor terbesar kami," kata Dileep.

Sebelumnya, ekonomi China disebut tumbuh dobel digit pada kuartal pertama tahun ini. Kue ekonomi China mengembang untuk empat kuartal berturut-turut.

Pertumbuhan produk domestik bruto (PDB) pada kuartal kali ini merupakan yang paling tinggi dibanding tiga kuartal sebelumnya, yakni 18,3%. Angka ini bahkan lebih tinggi dibandingkan...

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Daily News Update Page 7 This figure is even higher than in the

2000s, when China began to attract the world's attention with double-digit economic growth almost every quarter.

(dob/dob)

Angka ini bahkan lebih tinggi dibanding-kan pada dekade 2000-an, kala China mulai menarik perhatian dunia dengan pertumbuhan ekonomi dua digit hampir setiap kuartalnya. (dob/dob)

Kobexindo Tractors Adds Heavy

Equipment Portfolio

Jauhari Mahardhika

P

T KOBEXINDO Tractors Tbk (KOBX), a solution provider for mining and non-mining heavy equipment needs, completes its product line in the form of AXOR Mercedes-Benz Trucks. The latest product is marketed through the company's grandson (indirect subsidiary), namely PT Eurotruk Transindo (ET).

“In 2020, we have inaugurated the Eurotruk service and spare parts center in Samarinda for Mercedes Benz ACTROS and AROCS Trucks. Then, at the end of 2020, Eurotruk was officially appointed as the dealer for sales, service and spare parts (3S Dealer) for the Banjarmasin area," said Andry B. Limawan, president director of Kobexindo Tractors.

He emphasized that Eurotruk is now serving the sales of all types of Mercedes Benz AXOR from mining, logistics, tractor head, construction applications, and guarantees the best after-sales service to customers including spare parts availability and optimal service.

Eurotruk Transindo is a subsidiary of PT

Kobexindo Equipment (KOBE) (a subsidiary of Kobexindo Tractors) which is the official

dealer for Mercedes-Benz commercial

vehicles, including for sales activities, after-sales service, provision of Mercedez-Benz spare parts, and component service.

Kobexindo Tractors Tambah

Portofolio Unit Alat Berat

Jauhari Mahardhika

P

T KOBEXINDO Tractors Tbk (KOBX), penyedia solusi kebutuhan alat berat pertambangan dan non-pertambangan, melengkapi jajaran produknya berupa Truck Mercedes-Benz AXOR. Adapun produk terbaru ini dipasarkan melalui cucu perusahaan (indirect subsidiary), yakni PT Eurotruk Transindo (ET).

“Pada 2020, kami telah meresmikan pusat servis dan suku cadang Eurotruk di Samarinda untuk produk Truck Mercedes Benz ACTROS dan AROCS. Kemudian, pada akhir 2020, Eurotruk resmi ditunjuk sebagai dealer untuk penjualan, servis, dan suku cadang (Dealer 3S) untuk area Banjarmasin,” kata Andry B. Limawan, direktur utama Kobexindo Tractors.

Dia menegaskan, Eurotruk kini melayani penjualan semua jenis tipe Mercedes Benz AXOR dari aplikasi mining, logistik, tractor head, konstruksi, dan memberikan jaminan layanan purna jual terbaik kepada pelanggan meliputi ketersediaan sparepart dan layanan servis yang optimal.

Eurotruk Transindo merupakan anak usaha PT Kobexindo Equipment (KOBE) (entitas anak Kobexindo Tractors) yang menjadi dealer resmi untuk Mercedes-Benz commer-cial vehicle, termasuk untuk kegiatan pen-jualan, layanan purna jual, penyediaan suku cadang Mercedez-Benz, serta jasa servis komponen.

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Daily News Update Page 8 As a 3S dealer, ET provides spare parts and

service services through the company's branches in Kalimantan and several mining representatives such as Berau, Malinau, Melak, Tanjung Selor, and Meulaboh. ET, which is headquartered in Kobexindo Tower, Jakarta, has also received an award from Mercedes-Benz for the category "The Best in Truck After-Sales" dealer. This is proof of the company's commitment to always provide the best through a management system that is oriented towards customer satisfaction.

Recently, ET succeeded in selling a Mercedez-Benz AXOR type 4843K with mining specifications equipped with a 35 m2 coal dump to a mining contractor company in Kalimantan.

Besides being equipped with safety standards, the Mercedes Benz Axor 4843K is equipped with safety standards such as the Anti-lock Braking System (ABS), LED Daytime Running Lamp (DRL), Differential Lock, Constant Throttle Valve Engine Brake to produce a stronger engine braking effect.

This Mercedes Benz Axor 4843K carries the OM 457 LA type engine, 6 cylinders with a maximum power of 428 HP and a maximum torque of 2,100 Nm and other advantages in the transmission used Automated Manual (AMT) with 12 acceleration forward and 4 acceleration reverse.

"By increasing the product line we have, it will provide comprehensive solutions needed by customers, both from the mining and non-mining segments. So, we will be able to maximize existing opportunities and be supported by after-sales service and the willingness of spare parts to maximize our customer satisfaction," said Andry. Editor: Jauhari Mahardhika

Sebagai dealer 3S, ET memberikan pelayanan suku cadang dan jasa layanan servis melalui cabang perseroan di Kalimantan dan bebe-rapa perwakilan tambang seperti Berau, Malinau, Melak, Tanjung Selor, dan Meulaboh. ET yang berkantor pusat di Kobexindo Tower, Jakarta tersebut juga telah mendapat peng-hargaan dari Mercedes-Benz untuk kategori "The Best in Truck After-Sales" dealer. Hal tersebut merupakan bukti komitmen per-seroan untuk selalu memberikan yang terbaik melalui sistem manajemen yang berorientasi kepada kepuasan pelanggan.

Belum lama ini, ET berhasil menjual Mercedez-Benz AXOR tipe 4843K dengan spesifikasi pertambangan yang dilengkapi dengan coal dump 35 m2 kepada salah-satu perusahaan kontraktor pertambangan di Kalimantan.

Mercedes Benz Axor 4843K selain dilengkapi dengan standard keamanan seperti Anti-lock Braking System (ABS), LED Daytime Running Lamp (DRL), Differential Lock, Constant Throttle Valve Engine Brake untuk meng-hasilkan efek pengereman mesin yang lebih kuat.

Mercedes Benz Axor 4843K ini mengusung tipe engine OM 457 LA, 6 silinder dengan menghasilkan tenaga maksimum 428 HP dan torsi maksimum 2.100 Nm dan keunggulan lainnya pada transmisi yang digunakan Automated Manual (AMT) dengan 12 per-cepatan maju dan 4 perper-cepatan mundur. “Dengan bertambahnya jajaran produk yang kami miliki, akan memberikan solusi menye-luruh yang dibutuhkan oleh pelanggan, baik itu dari segmen pertambangan maupun non-pertambangan. Sehingga, akan dapat me-maksimalkan peluang-peluang yang ada dan didukung oleh layanan purna jual dan kesediaan sparepart untuk memaksimalkan kepuasan pelanggan kami,” ujar Andry. Editor : Jauhari Mahardhika

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Adaro finalized the operational

extension document and

changed its status to IUPK

Reporter: Filemon Agung | Editor: Handoyo

P

T ADARO Energy Tbk (ADRO) targets that the application for an extension of operations and a change in status to a Special Mining Business License (IUPK) can be implemented this year.

Adaro Energy's Chief Finance Officer, Lie Luckman, revealed that there are many documents that need to be prepared in the application for an extension of this operating license.

"We will not wait for October 2021, we will submit it as soon as possible. In the evaluation, revisions will definitely go back and forth. There is still an internal documentation process, this is the final stage," Luckman said in a Virtual Press Conference, Monday (19/4).

Just so you know, as one of the first generation Coal Mining Concession Work Agreement (PKP2B) contract holders, Adaro is allowed to apply for an extension no later than 1 year before the contract expires on 1 October 2022.

Just so you know, PT Adaro Indonesia is the largest mining company in the Adaro Group. One of the first generation PKP2B holders runs coal mining operations in South and Central Kalimantan, with a concession area of 31,380 hectares (ha). Based on the Minerba Law, applications for the continuation of contract/agreement operations can be submitted to the Minister of ESDM no later than 5 years and no later than one year before the KK and PKP2B expire.

Adaro finalisasi dokumen

perpanjangan operasi dan

perubahan status menjadi IUPK

Reporter: Filemon Agung | Editor: Handoyo

P

T ADARO Energy Tbk (ADRO) menarget-kan permohonan perpanjangan operasi dan perubahan status menjadi Izin Usaha Pertambangan Khusus (IUPK) dapat segera terlaksana tahun ini.

Chief Finance Officer Adaro Energy, Lie Luckman mengungkapkan ada banyak dokumen yang perlu dipersiapkan dalam pengajuan perpanjangan izin operasi ini. "Kita gak akan tunggu Oktober 2021, kita akan submit secepatnya. Dalam evaluasi juga pasti akan bolak-balik revisi. Masih proses dokumentasi internal, ini tahap akhir," ujar Luckman dalam Konferensi Pers Virtual, Senin (19/4).

Asal tahu saja, sebagai salah satu peme-gang kontrak Perjanjian karya Peng-usahaan Pertambangan Batubara (PKP2B) generasi pertama, Adaro diperkenankan mengajukan perpanjangan paling lambat 1 tahun sebelum berakhirnya kontrak pada 1 Oktober 2022 mendatang.

Asal tahu saja, PT Adaro Indonesia merupakan perusahaan pertambangan terbesar dalam Adaro Group. Salah satu pemegang PKP2B generasi pertama itu menjalankan operasi pertambangan batu-bara di Kalimantan Selatan dan Kalimantan Tengah, dengan luas konsesi mencapai 31.380 hektare (ha).

Berdasarkan UU Minerba, permohonan kelanjutan operasi kontrak/perjanjian bisa diajukan kepada Menteri ESDM paling cepat 5 tahun dan paling lambat satu tahun sebelum KK dan PKP2B berakhir.

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Indo Tambangraya Aims for

Renewable Energy and

Gasification Projects

Yurika

P

T INDO Tambangraya Megah Tbk (ITMG) will consider the use of renewable energy sources in all mining areas in order to capture opportunities in energy growth trends and non-coal mining businesses such as the mineral or metal business. "As for the downstream side, ITMG will participate in the coal gasification project," said Yulius Gozali, Director of Corporate Communications & Investor Relations at Indo Tambangraya, to Dunia Energi, recently.

Yulius revealed that in 2020, Indo Tambangraya has started the operation of a Solar Power Plant (PLTS) at the Indominco mine site using the largest smart microgrid technology in Indonesia. Integrated with other energy sources produced by coal, this PLTS generates electricity for Bontang port operations while reducing carbon emissions.

"We plan to double this project in our other mines," said Yulius. (RA)

Indo Tambangraya Bidik Proyek

Energi Terbarukan dan

Gasifikasi

Yurika

P

T INDO Tambangraya Megah Tbk (ITMG)

akan mempertimbangkan penggunaan sumber energi terbarukan di seluruh area tambang guna menangkap peluang tren pertumbuhan energi dan bisnis pertambangan non-batu bara seperti bisnis mineral atau metal.

“Adapun di sisi hilir, ITMG akan berpartisipasi dalam proyek gasifikasi batu bara,” ungkap Yulius Gozali, Direktur Komunikasi Korporat & Hubungan Investor Indo Tambangraya, kepada Dunia Energi, baru-baru ini.

Yulius mengungkapkan pada 2020, Indo Tambangraya telah memulai pengoperasian Pembangkit Listrik Tenaga Surya (PLTS) di lokasi tambang Indominco dengan mengguna-kan teknologi smart microgrid terbesar di Indonesia. Terintegrasi dengan sumber energi lain yang dihasilkan oleh batu bara, PLTS ini menghasilkan listrik untuk operasional pelabuhan Bontang sekaligus mengurangi emisi karbon.

“Kami berencana menggandakan proyek ini di

tambang-tambang kami yang lain,” kata Yulius. (RA)

Export Volume of Mineral

Concentrates Loosened, This Is

IMA's Response

Author: Denis Riantiza Meilanova

T

HE MINISTRY of Energy and Mineral Resources (ESDM) provides leniency in

submitting export volumes for certain mineral concentrate products by the end of this year.

Volume Ekspor Konsentrat

Mineral Dilonggarkan, Ini

Tanggapan IMA

Author: Denis Riantiza Meilanova

K

EMENTERIAN Energi dan Sumber Daya Mineral (ESDM) memberikan kelonggaran

pengajuan volume ekspor produk konsentrat mineral tertentu hingga akhir tahun ini.

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Daily News Update Page 11 In response to this, the Acting Executive

Director of the Indonesian Mining Association (IMA), Djoko Widajatno, considered that the policy could help ease the burden on the mineral industry business players in the midst of the Covid-19 pandemic.

Moreover, the company's efforts to prevent the spread of Covid-19 also cost quite a lot of money.

"This is an opportunity for the mineral industry to get a little fresh money, but on the other hand it is still subject to the usual fiscal obligations, there are export duties and so on. Indeed, globally the price is good and wants to take this momentum to finance the handling of Covid in companies with sufficient funds. high," said Djoko to Bisnis, recently.

According to him, this export concession is only situational as a form of government support for businesses in the face of pandemic pressures.

This easing is considered not to interfere with the achievement of the planned smelter development targets.

"There [ESDM Kepmen] is required to continue processing and refining activities. The smelter construction will continue," said Djoko.

Meanwhile, through the Minister of ESDM Decree No. 67.K/HK.02/MEM.B/2021 concerning the Provision of Recommen-dations for Foreign Sales of Certain Mineral Products during the Covid-19 Pandemic, the government has provided leniency in submitting export volumes for certain mineral concentrate products by the end of this year. Mineral commodities that were granted concessions included concentrates of iron, lead, zinc, manganese, tin, zirconium, zircon and washed bauxite.

Menanggapi hal ini, Pelaksana Harian Direktur Eksekutif Indonesian Mining Association (IMA) Djoko Widajatno menilai bahwa kebijakan tersebut dapat mem-bantu meringankan beban pelaku usaha industri mineral di tengah pandemi Covid-19.

Apalagi, upaya perusahaan untuk melaku-kan pencegahan penyebaran Covid-19 juga menghabiskan dana yang cukup besar. "Ini kesempatan bagi industri mineral untuk mendapatkan sedikit fresh money, tapi di sisi lain kan tetap dikenakan kewajiban fiskal seperti biasa, ada bea eskpor dan sebagainya. Memang secara global harganya lagi bagus dan mau ambil momentum ini untuk membiayai penanganan Covid di perusahaan yang dananya cukup tinggi," kata Djoko kepada Bisnis, baru-baru ini.

Menurutnya, kelonggaran ekspor ini hanyalah bersifat situasional sebagai bentuk dukungan pemerintah kepada pelaku usaha dalam menghadapi tekanan pandemi.

Pelonggaran ini dinilai tidak akan meng-ganggu pencapaian target-target pem-bangunan smelter yang direncanakan. "Di situ [Kepmen ESDM] dipersyaratkan tetap melakukan kegiatan pengolahan dan pemurnian. Pembangunan smelter tetap dilanjutkan," ujar Djoko.

Adapun, melalui Keputusan Menteri ESDM No. 67.K/HK.02/MEM.B/2021 tentang Pemberian Rekomendasi Penjualan ke Luar Negeri Produk Mineral Tertentu pada Masa Pandemi Covid-19, pemerintah mem-berikan kelonggaran pengajuan volume ekspor produk konsentrat mineral tertentu hingga akhir tahun ini. Komoditas mineral yang diberikan kelonggaran antara lain konsentrat besi, timbal, seng, mangan, timah, zirkonium, zirkon, dan washed bauxite.

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Daily News Update Page 12 ESDM Ministry's Mineral Business

Development Director Sugeng Mujiyanto said that based on the Ministerial Decree enacted on April 6, 2021, business actors can submit additional export volumes by revising the Work Plan and Budget (RKAB) first.

"Ministerial Decree No. 67 is more about easing the volume of exports for 1 year with adjustments to the RKAB," said Sugeng to Bisnis, recently . Editor: Muhammad Gaddafi

Direktur Pembinaan Pengusahaan Mineral Kementerian ESDM Sugeng Mujiyanto mengatakan bahwa berdasarkan Kepmen yang ditetapkan pada 6 April 2021 tersebut, pelaku usaha dapat mengajukan tambahan

volume ekspor dengan merevisi Rencana Kerja dan Anggaran Biaya (RKAB) terlebih dahulu.

"Kepmen No. 67 lebih kepada kelonggaran volume ekspor selama 1 tahun ini dengan penyesuaian RKAB," ujar Sugeng kepada Bisnis, baru-baru ini. Editor : Muhammad Khadafi

Receiving rights issue proceeds

of Rp 1.6 trillion, this is Bumi

Resources Minerals (BRMS) plan

Reporter: Intan Nirmala Sari | Editor: Khomarul Hidayat

P

T BUMI Resources Minerals Tbk (BRMS) earned Rp 1.6 trillion from additional

capital with pre-emptive rights (PMHMETD)

aka rights issue.

Thus, all shareholders registered in the list of shareholders of BRMS as of March 30, 2021 (cum date) have exercised their rights to purchase new shares issued in the PMHMETD. After the rights issue, the number of BRMS shares increased to 93.9 billion shares.

President Director of BRMS, Suseno Kramadibrata, said that the completion of PMHMETD also indicates the trust of shareholders in BRMS. "We will uphold this trust and work hard to optimize the value of our shareholders," said Suseno in a written statement, Monday (19/4).

Raih dana rights issue Rp 1,6

triliun, ini rencana Bumi

Resources Minerals (BRMS)

Reporter: Intan Nirmala Sari | Editor:

Khomarul Hidayat

P

T BUMI Resources Minerals Tbk (BRMS) meraih dana Rp 1,6 triliun dari penambahan modal dengan hak memesan efek terlebih dahulu (PMHMETD) alias rights issue.

Dengan begitu, seluruh pemegang saham yang tercatat pada daftar pemegang saham BRMS per 30 Maret 2021 (cum date) telah melaksanakan haknya untuk membeli saham baru yang diterbitkan dalam PMHMETD tersebut. Pasca rights issue, jumlah saham BRMS meningkat menjadi 93,9 miliar saham. Direktur Utama BRMS Suseno Kramadibrata mengatakan, selesainya pelaksanaan PMHMETD sekaligus menandakan adanya kepercayaan para pemegang saham terhadap BRMS. "Kami akan menjunjung tinggi kepercayaan ini dan bekerja keras mengoptimalkan nilai dari para pemegang saham kami," ujar Suseno dalam keterangan tertulis, Senin (19/4).

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Daily News Update Page 13 Furthermore, BRMB will allocate around

US$ 23 million from the proceeds from the rights issue to drill several gold prospects in Poboya, Palu (Sulawesi). Suseno hopes that BRMS can get an additional 15 to 20 million tons of gold ore reserves & resources in the area. The drilling results are planned to be delivered in the fourth quarter of 2021 and then in the second quarter of 2022.

Not only that, BRMS will also allocate around US$ 5.25 million from the proceeds from the rights issue to drill several gold prospects and to develop a gold mine site in Motomboto, Gorontalo (Sulawesi). "We will also use around US$ 48 million from PMHMETD proceeds to build a gold ore processing plant with a capacity of 4,000 tonnes of ore per day in Poboya, Palu. Construction of the plant will begin in mid-2022 and is expected to be completed and operational in Indonesia. quarter I-2024," said Suseno.

In the future, Suseno hopes that all of BRMS 'hard work can add value to shareholders. In addition, the new gold ore processing plant is also expected to increase the mining company's gold production, revenue and net profit. Meanwhile, the discovery of gold ore reserves and resources is also expected to increase the productive life of the Company's mines.

Herwin Hidayat, Director & Chief Investor Relations Officer of BRMS, added, apart from the completion of the rights issue transaction process, BRMS is currently completing its consolidated financial statements for the period ending on December 31, 2020. It is hoped that the company can deliver a positive increase from the quarter quarter and from year to year in production and financial performance.

Selanjutnya, BRMB bakal mengalokasikan sekitar US$ 23 juta dari dana hasil rights issue untuk melakukan pengeboran di beberapa prospek emas di Poboya, Palu (Sulawesi). Suseno berharap, BRMS bisa mendapatkan tambahan sekitar 15 sampai dengan 20 juta ton cadangan & sumber daya bijih emas di area tersebut. Hasil pengeboran tersebut rencananya akan disampaikan di kuartal IV-2021 dan selanjutnya di kuartal II-2022. Tak hanya itu, BRMS juga akan mengalokasi-kan sekitar US$ 5,25 juta dari dana hasil rights issue untuk melakukan pengeboran di beberapa prospek emas dan untuk mengem-bangkan lokasi tambang emas di Motomboto, Gorontalo (Sulawesi).

"Kami juga akan menggunakan sekitar US$ 48 juta dari dana hasil PMHMETD untuk membangun pabrik pengolahan bijih emas dengan kapasitas sebesar 4.000 ton bijih per hari di Poboya, Palu. Konstruksi pabrik tersebut akan dimulai pada pertengahan tahun 2022 dan diperkirakan akan selesai dan dapat beroperasi di kuartal I-2024," kata Suseno.

Ke depan, Suseno berharap, seluruh kerja keras BRMS dapat menambah nilai bagi para pemegang saham Selain itu, pabrik peng-olahan bijih emas yang baru juga diharapkan dapat menambah jumlah produksi emas, pendapatan, dan laba bersih perusahaan tambang tersebut. Sementara itu, penemuan atas cadangan dan sumber daya bijih emas juga diperkirakan mampu meningkatkan umur produktif tambang Perusahaan.

Herwin Hidayat, Direktur & Chief Investor Relations Officer dari BRMS, menambahkan, selain selesainya proses transaksi rights issue, BRMS saat ini tengah menyelesaikan laporan keuangannya yang terkonsolidasi untuk periode yang berakhir pada tanggal 31 Desember 2020. Harapannya, perusahaan dapat menyampaikan peningkatan positif dari kuartal ke kuartal dan dari tahun ke tahun dalam kinerja produksi dan keuangan.

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Daily News Update Page 14 "The finalization of the company's

consolidated financial statements for the period ending December 31, 2020, is planned to be submitted at the end of this month," Herwin told Kontan.co.id, Monday (19/4).

Herwin added that the target is that all proceeds from the rights issue will be

collected by the end of this month. The plan to use the proceeds from the rights issue to build a new gold ore processing plant with a larger capacity (4,000 tons per day).

The proceeds from the rights issue will also be used for drilling several gold prospects at the Poboya (Palu) and Motomboto (Gorontalo) mining sites with the aim of increasing the number of existing gold ore reserves.

"Finalisasi laporan keuangan perusahaan yang terkonsolidasi untuk periode yang berakhir 31 Desember 2020 rencananya akan disampaikan di akhir bulan ini," kata Herwin kepada Kontan.co.id, Senin (19/4). Herwin menambahkan, targetnya seluruh dana hasil rights issue akan terkumpul di akhir bulan ini. Rencana penggunaan dana hasil rights issue untuk membangun pabrik pengolahan bijih emas yang baru dengan kapasitas lebih besar (4.000 ton per hari). Dana hasil rights issue juga akan digunakan untuk pengeboran beberapa prospek emas di lokasi tambang Poboya (Palu) dan Motomboto (Gorontalo) dengan tujuan menambah jumlah cadangan bijih emas yg ada saat ini.

Adaro Seeks Loans for

Refinancing

Reporter: Intan Pratiwi/Editor: Friska Yolandha

P

T ADARO Energy is currently exploring loans from several banking consortia. This step is taken by the company to refinance maturing debts.

Adaro Energy's Chief Financial Officer, Lie Luckman, explained that currently Adaro is looking for a loan to pay off the debt that will mature in the middle of the year. Lie explained that there have been several banking consortiums that have agreed to provide loans.

"We are currently exploring loans from banks. Because this year, mid-year there is a loan from AI that will mature at 400 million US dollars. For this, we are trying to explore several banks to be able to refinance the loan for the next five years," Lie said virtually, Monday (19/4).

Adaro Cari Pinjaman untuk

Refinancing

Reporter: Intan Pratiwi/Redaksi: Friska Yolandha

P

T ADARO Energy sedang melakukan

pen-jajakan pinjaman dari beberapa konsorsium perbankan. Langkah ini dilakukan perusahaan untuk refinancing utang yang akan jatuh tempo. Chief Financial Officer Adaro Energy, Lie Luckman menjelaskan saat ini memang Adaro tengah mencari pinjaman untuk melakukan pembayaran utang yang akan jatuh tempo di pertengahan tahun. Lie menjelaskan sudah ada beberapa konsorsium perbankan yang menya-takan bersedia untuk memberikan pinjaman. "Kita sedang jajaki pinjaman dari bank. Karena di tahun ini, pertengahan tahun ada pinjaman dari AI itu jatuh tempo 400 juta dolar AS. Untuk hal itu, kita mencoba menjajaki ke beberapa bank untuk bisa refinance untuk pinjaman tersebut untuk lima tahun ke depan," ujar Lie secara virtual, Senin (19/4).

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Daily News Update Page 15 However, Lie has not been able to explain

which banks will cooperate with Adaro in this regard. He said that it is currently still in process.

"We are still in the process. Later it will be discovered when the signing is done," added Lie.

Adaro Energy President Director Garibaldi

Thohir also explained that the welcome from

the banking sector for Adaro's move was

received positively. He said there were many banks that were interested in participating.

"Alhamdulillah, because of my good name, I was also surprised, who participated a lot. Oversubscribe instead. But thank God there are quite a lot of consortiums," said Garibaldi.

Namun Lie belum bisa menjelaskan bank apa saja yang akan bekerja sama dengan Adaro dalam hal ini. Ia mengatakan saat ini masih dalam proses.

"Kita masih proses. Nanti akan ketahuan kalau sudah signing," tambah Lie.

Presiden Direktur Adaro Energy Garibaldi Thohir juga menjelaskan sambutan dari pihak perbankan atas langkah Adaro ini disambut positif. Ia mengatakan ada banyak perbankan yang berminat untuk berpartisipasi.

"Alhamdulillah tadi karena nama baik, saya juga surprised, yang partisipasi banyak. Oversubscribe malah. Tapi alhamdulillah konsorsiumnya cukup banyak," ujar Garibaldi.

Shadowed by the potential for

additional supply, nickel prices

continue to be corrected

Author: Lorenzo Anugrah Mahardhika

N

ICKEL prices fell to their lowest level in more than two weeks following the attitude of investors considering the potential for additional supply from the Philippines.

The opportunity for a rise in commodity prices is still quite open throughout the year, although it is overshadowed by a number of negative sentiments that could trigger a significant correction.

Reporting from Bloomberg on Monday (19/4/2021) nickel price on the Shanghai stock exchange, China was corrected by 2.2 percent to US$ 16,010 per metric ton. The note is nickel's lowest position since last April 1.

Dibayangi Potensi Penambahan

Pasokan, Harga Nikel Terus

Terkoreksi

Author: Lorenzo Anugrah Mahardhika

H

ARGA nikel terkoreksi ke level terendah-nya dalam lebih dari dua pekan menyusul sikap investor yang mempertimbangkan potensi penambahan pasokan dari Filipina. Peluang kenaikan harga komoditas ini masih cukup terbuka sepanjang tahun meskipun dibayangi sejumlah sentimen negatif yang dapat memicu koreksi signifikan.

Dilansir dari Bloomberg pada Senin (19/4/ 2021) harga nikel pada bursa Shanghai, China sempat terkoreksi hingga 2,2 persen ke US$16.010 per metrik ton. Catatan tersebut merupakan posisi terendah nikel sejak 1 April lalu.

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Daily News Update Page 16 Meanwhile, nickel price on the London

Metal Exchange (LME) was observed to slightly decrease by 0.01 percent to the level of US$ 16,363 per metric ton. On a year to date (ytd) basis, the price of this commodity has corrected by 1.50 percent. One of the negative catalysts for nickel price movements is the removal of the moratorium on new nickel mining contracts. This policy was passed by the President of the Philippines, Rodrigo Duterte in order to increase state revenue. The moratorium policy was imposed by Duterte's predecessor, Benigno Aquino in 2021. Now, the Philippine government can grant permits to contractors who are interested in mining for nickel in the country.

The Philippines is one of the main nickel ore exporters for China. This occurred amidst limited supply due to cessation of activities at a number of nickel mines due to restrictions related to environmental impacts.

On the other hand, Antaike Information Development Co. Analysts. Ltd., Chen Ruirui said that lifting the moratorium in the Philippines will not significantly affect world nickel supply. According to him, the potential for production growth for existing or new mines tends to be limited. "Nickel from the Philippines is also less attractive than nickel produced by Indonesia, which has better quality and a more optimal industrial chain," he explained as quoted from Bloomberg. Traderindo.com founder Wahyu Laksono said that the price correction being experienced has made nickel one of the weakest performing commodities so far. According to him, one of the main sentiments affecting the current nickel price is China's concern over a surge in commodity prices.

Sementara itu, harga nikel pada London Metal Exchange (LME) terpantau turun tipis 0,01 persen ke level US$16.363 per metrik ton. Secara year to date (ytd), harga komoditas ini telah terkoreksi sebesar 1,50 persen.

Salah satu katalis negatif untuk pergerakan harga nikel adalah penghapusan moratorium untuk kontrak pertambangan nikel baru. Kebijakan ini disahkan oleh Presiden Filipina, Rodrigo Duterte guna menambah pemasukan negara.

Kebijakan moratorium tersebut diberlakukan oleh pendahulu Duterte, Benigno Aquino pada 2021 lalu. Kini, pemerintah Filipina dapat memberikan izin untuk kontraktor-kontraktor yang tertarik untuk melakukan penambangan nikel di negara tersebut.

Filipina merupakan salah satu negara eksportir bijih nikel utama untuk China. Hal ini terjadi ditengah terbatasnya pasokan akibat terhentinya kegiatan pada sejumlah tambang nikel karena pembatasan terkait dampak lingkungan.

Di sisi lain, Analis Antaike Information Development Co. Ltd., Chen Ruirui menyebutkan diangkatnya moratorium di Filipina tidak akan mempengaruhi pasokan nikel dunia secara signifikan. Menurutnya, potensi pertumbuhan produksi untuk tambang yang sudah atau ataupun yang baru cenderung terbatas.

“Nikel dari Filipina juga kurang menarik dibandingkan nikel produksi Indonesia, yang memiliki kualitas lebih baik dan rantai industri yang lebih optimal,” jelasnya dikutip dari Bloomberg.

Founder Traderindo.com Wahyu Laksono mengatakan, koreksi harga yang tengah dialami menjadikan nikel sebagai salah satu komoditas dengan kinerja paling lemah sejauh ini. Menurutnya, salah satu sentimen utama yang mempengaruhi harga nikel saat ini adalah kekhawatiran China terhadap lonjakan harga komoditas.

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Daily News Update Page 17 Earlier, Chinese Premier Li Keqiang

stressed the importance of improving regulation on the raw material market. This is done in order to reduce the costs borne by the company amidst the rally in commodity prices.

Chinese Deputy Prime Minister Liu He who heads the Financial Stability and Development Commission said something similar some time ago. Liu He reminded the importance of maintaining the price level after producer price inflation rose 4 percent, or the fastest inflation rate in nearly three years.

"Apart from that, the news from the Philippines regarding the nickel mora-torium can also trigger additional supply. This will aggravate price movements,” he

said when contacted, Monday (19/4/2021). He explained that a number of sentiments such as reflationary trade, the issue of the corona virus vaccine, and stimulus from the US government had been priced in (priced-in) by the market. Nickel prices, which previously strengthened, were driven by various expectations that have been going on since the second quarter of 2020.

“Currently, the nickel price movement is in a tug-of-war between sentiments. On the one hand, the strengthening of the US dollar is supported by the outlook for economic recovery and concerns over rising inflation. On the other hand, the global economic recovery will trigger a recovery in nickel demand,” he explained. Wahyu said, the opportunity to strengthen nickel prices throughout 2021 is still quite open. However, the relatively high nickel price level and market sentiment which is plagued by inflationary concerns have the potential to trigger a deep correction.

Sebelumnya, Perdana Menteri China, Li Keqiang menekankan pentingnya per-baikan regulasi pada pasar bahan mentah. Hal ini dilakukan guna menekan biaya yang ditanggung perusahaan ditengah reli harga komoditas.

Wakil Perdana Menteri China Liu He yang mengepalai Komisi Pengembangan dan Stabilitas Finansial mengatakan hal serupa beberapa waktu lalu. Liu He mengingatkan pentingnya menjaga level harga setelah producer price inflation naik 4 persen, atau laju inflasi tercepat dalam hampir tiga tahun terakhir.

“Selain itu, kabar dari Filipina terkait moratorium nikel juga dapat memicu penambahan pasokan. Hal ini akan mem-perberat pergerakan harga,” katanya saat dihubungi, Senin (19/4/2021).

Ia menjelaskan, sejumlah sentimen seperti reflationary trade, isu vaksin virus corona, dan stimulus dari pemerintah AS telah diperhitungkan (priced-in) oleh pasar. Harga nikel yang sebelumnya menguat didorong oleh berbagai ekspektasi yang telah berlangsung sejak kuartal II/2020 lalu.

“Saat ini, pergerakan harga nikel sedang berada pada fase tarik-menarik antar sentimen. Pada satu sisi, penguatan dolar AS yang didukung oleh prospek pemulihan ekonomi serta kekhawatiran terkait naik-nya inflasi. Di sisi lain, pemulihan ekonomi global akan memicu pemulihan permin-taan nikel,” jelasnya.

Wahyu menuturkan, peluang penguatan harga nikel sepanjang 2021 masih cukup terbuka. Meski demikian, level harga nikel yang terbilang tinggi dan sentimen pasar yang didera kecemasan inflasi berpotensi memicu koreksi yang cukup dalam.

(18)

Daily News Update Page 18 During the first semester of 2021, Wahyu

predicts nickel prices will be at the level of US$ 14,000 to US$ 18,000 per ton. Meanwhile, for 2021, the price range for these commodities will be in the range of US$ 13,000 to US$ 21,000 per ton.

Meanwhile, a report from BMO said Liu He and Li Keqiang's comments were an indication that concerns over rising inflation had caught the Chinese govern-ment's attention. This was especially true after the increase occurred in consumers on the downstream side.

The report explained that the Chinese government is likely to increase the self-sufficiency of base metals. This develop-ment also includes the acquisition of nickel from abroad at a lower price.

"The Chinese government is unlikely to significantly release its metal reserves. However, this sentiment is predicted to continue to resonate to send signals to the market,” the report quoted as saying.

Editor: Aprianto Cahyo Nugroho

Sepanjang semester I/2021, Wahyu mem-prediksi harga nikel berada di level US$14.000 hingga US$18.000 per ton. Sementara, untuk tahun 2021, rentang harga komoditas ini berada di US$13.000 hingga US$21.000 per ton.

Sementara itu, laporan dari BMO mengata-kan, komentar Liu He dan Li Keqiang merupakan indikasi kekhawatiran kenaikan inflasi telah menjadi perhatian pemerintah China. Hal tersebut terutama setelah kenaikan terjadi pada konsumen di sisi hilir. Laporan tersebut menjelaskan, pemerintah China kemungkinan akan meningkatkan kemampuan swasembada logam-logam dasar. Pengembangan ini juga mencakup akuisisi nikel dari luar negeri pada harga yang lebih rendah.

“Pemerintah China kemungkinan tidak akan melepas cadangan logamnya secara signifikan. Namun, sentimen ini diprediksi tetap bergaung untuk mengirimkan sinyal ke pasar,” demikian kutipan laporan tersebut.

Editor : Aprianto Cahyo Nugroho

Beware, There is an Early Sign

of Coal Going Down Gues

Tirta Citradi, CNBC Indonesia

T

RADERS are seen starting to take profit on the increase in coal prices. After penetrating US$ 92/ton last week, the price of coal futures for ICE Newcastle reversed direction in the first trade this week, Monday (19/4/2021).

Waspada Ada Tanda Awal Batu

Bara Mau Turun Gunung Gaes

Tirta Citradi, CNBC Indonesia

P

ARA trader terlihat mulai melakukan aksi ambil untung atas kenaikan harga batu bara. Setelah tembus US$ 92/ton minggu lalu harga batu bara berjangka ICE Newcastle balik arah pada perdagangan perdana pekan ini, Senin (19/4/2021).

(19)

Daily News Update Page 19 The contract price of the jet stone which is

actively traded on the futures exchange fell 0.87% compared to last week's closing position. Now the contract price is priced at US$ 91.6/ton.

Last week, coal prices could increase by 8%, supported by the release of slick economic data on China as the world's largest coal consumer. China's economy recorded a growth of 18.3% (yoy) in the first quarter and has the opportunity to grow by 8.4% (yoy) this year when referring to IMF projections.

The faster the wheels of the Chinese economy rotate, the greater the expectation that commodity prices will also be lifted up. Understandably, China is the largest commodity importer country in the world, including coal.

The intimate relationship between China and Indonesia in the midst of heating up bilateral tensions between Panda Country and Kangaroo Country is increasingly favorable for Indonesia's position, which happens to make China a lot of export destinations.

This year, coal prices are predicted to be higher than the 2020 pandemic year. The average ICE Newcastle thermal coal price throughout 2021 is at US$ 86/ton. When compared with last year which was in the range of US$ 50 - US$ 60 per ton, there was a fantastic increase indeed.

The coal market is expected to improve this year. But it won't reach the 2019 level. It's just that the market map has changed. China is more inclined towards Indonesian coal while India is more towards Australia. One that doesn't change.

Western countries such as the US and Europe continue to strive to abandon this one polluting fuel. The momentum of Covid-19 is considered...

Harga kontrak si batu legam yang aktif diperjualbelikan di bursa berjangka turun 0,87% dibanding posisi penutupan minggu lalu. Kini harga kontrak tersebut di-banderol di US$ 91,6/ton.

Minggu lalu harga batu bara bisa menguat 8% karena didukung oleh rilis data ekonomi China sebagai konsumen terbesar batu bara dunia yang apik. Ekonomi China tercatat tumbuh 18,3% (yoy) di kuartal pertama dan berpeluang tumbuh 8,4% (yoy) di tahun ini jika mengacu pada proyeksi IMF.

Semakin kencangnya roda perekonomian Tiongkok berputar maka besar harapan harga komoditas ikut terkerek naik. Maklum China merupakan negara importir komoditas terbesar di dunia, tak terkecuali batu bara.

Hubungan China dengan Indonesia yang mesra di tengah memanasnya tensi bilateral Negeri Panda dengan Negeri Kanguru semakin menguntungkan posisi RI yang kebetulan banyak menjadikan China sebagai destinasi ekspor.

Tahun ini harga batu bara memang diramal bakal lebih tinggi dibanding tahun pandemi 2020. Rata-rata harga batu bara termal ICE Newcastle sepanjang tahun 2021 berada di US$ 86/ton. Jika diban-dingkan dengan tahun lalu yang berada di rentang US$ 50 - US$ 60 per ton maka ada kenaikan fantastis memang.

Pasar batu bara diperkirakan membaik tahun ini. Namun tak akan mencapai level 2019. Hanya saja peta pasar menjadi berubah. China lebih condong ke batu bara RI sementara India lebih ke Australia. Satu yang tak berubah.

Negara-negara barat seperti AS dan Eropa terus berupaya untuk meninggalkan bahan bakar polutif yang satu ini. Momentum Covid-19 dianggap...

(20)

Daily News Update Page 20 The momentum of Covid-19 is considered

the right period to be more aggressive in fighting climate change and building a more sustainable economy.

The increase in coal prices was not only supported by its fundamentals. But it is also driven by sentiment that the commodity supersycycle will happen again. It is too early to say this year commodity supercycle will happen.

According to a Reuters columnist, if this phenomenon occurs, coal is not the commodity in question because there is a shift in life patterns that are more inclined towards a sustainable direction.

So why is it difficult for coal prices to fall and tends to stay above US$ 80/ton? The answer is because China's coal price has not really sloped to the normal price set by the government.

The price of Qinhaungdao thermal coal should be in the range of RMB 500 - RMB 570/ton so that it is not too cheap and expensive so that it can still make miners and utility companies profit.

However, now the domestic benchmark coal price is still above RMB 700/ton. This has further led to speculation that China's import taps will not yet be closed, especially when the economy becomes more expansive. So the global coal price is also strong. CNBC INDONESIA RESEARCH TEAM (twg/twg)

Momentum Covid-19 dianggap sebagai periode yang tepat untuk semakin agresif melawan perubahan iklim dan membangun ekonomi yang lebih sustainable.

Kenaikan harga batu bara tidak hanya ditopang oleh fundamentalnya saja. Tetapi juga didorong oleh sentimen bahwa super-siklus komoditas akan terjadi lagi. Masih terlalu dini untuk mengatakan tahun ini commodity supercycle terjadi.

Menurut kolumnis Reuters, jika fenomena tersebut terjadi batu bara bukanlah komo-ditas yang dimaksud karena ada pergeseran pola kehidupan yang lebih condong ke arah yang sustainable.

Lantas mengapa harga batu bara sulit turun dan cenderung bertahan di atas US$ 80/ton? Jawabannya adalah karena harga batu bara

China juga masih belum benar-benar melandai ke harga normal yang dipatok pemerintah.

Harga batu bara termal Qinhaungdao seharusnya berada di rentang RMB 500 - RMB 570/ton agar tidak terlalu murah dan kemahalan sehingga masih bisa membuat penambang dan perusahaan utilitas untung. Namun sekarang harga batu bara acuan domestik tersebut masih berada di atas RMB 700/ton. Hal ini semakin menimbulkan spekulasi bahwa keran impor China masih belum akan ditutup apalagi ketika ekonomi-nya kian ekspansif. Jadilah harga batu bara global juga ikut kuat. TIM RISET CNBC INDONESIA (twg/twg)

Indonesian coal miner Adaro Energy looks to renewables

CEO Garibaldi Thohir calls biomass, hydrogen and solar power sectors top options

ERWIDA MAULIA, Nikkei staff writer

M

AJOR Indonesian coal miner Adaro Energy aims to enter the renewable energy sector this year, CEO Garibaldi Thohir said on Monday, calling biomass, hydrogen and solar power the company's top options.

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Daily News Update Page 21 Thohir said Adaro is currently drawing up a "Green Initiative" and plans to announce details in coming months. Over the long term, renewable energy is expected to become a pillar for the coal company, he added.

"We know that in the future ESG -- environmental, social, governance -- will become a very important criterion for all of us. Adaro understands that. Adaro has to reform and diversify into the greener directions," Thohir told reporters during a remote news conference.

"When we decide to do something, we'll be serious about that," he added. "It won't be just a small [plan]. It will be big... we won't be halfhearted."

Adaro, which has already entered the power and water treatment business over the past several years, saw revenue drop 27% to $2.5 billion and net income plunge 64% to $146.9 million last year, due to the coronavirus pandemic and mobility restrictions worldwide. Thohir also said that he had recovered from COVID-19 after spending 11 days in a hospital intensive care unit in November. It was not immediately clear why the infection was only revealed now and he offered no explanation. Thohir is the elder brother of Indonesian State Enterprise Minister Erick Thohir.

Amid growing ESG campaigns among investors and following zero-carbon pledges by major markets China, Japan and South Korea last year, some Indonesian coal companies have unveiled coal gasification and renewable energy plans.

Last month, Indika Energy announced the establishment of a joint venture with Fourth Partner Energy Singapore to enter the solar power business, citing 28 billion rupiah ($1.9 million) in investment. State-owned Tambang Batubara Bukit Asam last year launched solar panel projects in some of its ex-mining sites and some of the country's airports.

Thohir mentioned what he sees as big potential for biomass energy in Indonesia -- particularly in the form of wood pellets. He added some of Adaro's longtime customers -- including state utility company Perusahaan Listrik Negara and buyers in Japan and South Korea -- have started combining coal with wood pellets to reduce carbon emissions in their power plants.

"We can leverage our good, decades-old relations with our buyers and enter the biomass business," he said.

Thohir added that Adaro sees similar opportunities to supply hydrogen to some of its long-term buyers in East Asia, citing the Japanese government's advocacy for hydrogen as a transportation fuel. He said he believed China would follow suit.

"Due to COVID, we've learned many options to go downstream, including converting coal into hydrogen," Thohir said when asked about Adaro's coal gasification plan.

Under the Indonesian government's push to develop derivative mining industries, major coal miners like Adaro are required to set out downstream plans to get their mining permits extended. Some have mentioned plans for coal gasification projects, which involves chemically converting coal into synthesized gas with varying end products.

Adaro had earlier said it was exploring options to convert coal into olefin, a material for plastics, or into dimethyl ether, a substitute to liquefied petroleum gas, in partnership with state oil and gas company Pertamina.

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Daily News Update Page 22 Thohir said that through its power plant subsidiary, Adaro Power, his company is also planning to expand to solar and hydropower businesses.

"I think the coal business will remain solid, will remain promising in the next five... to eight years, as proven during the super crisis period of 2020," Thohir said. "But we know we have to begin [to prepare] for the new normal... toward green." Additional reporting by Ismi Damayanti.

Vale production disappoints again, adding fuel to iron ore price rally

MINING.COM Staff Writer

V

ALE’s iron ore output totaled 68.0 million tonnes in 1Q21, 14.2% higher than in 1Q20, but down 5.5% compared to 72 million tonnes average analyst estimate.

According to the company, the year on year growth is attributed to the gradual resumption of halted operations in Timbopeba, Fábrica, and Vargem Grande complexes in Minas Gerais state throughout 2020, stronger performance in Serra Norte in Pará state, lower rainfall in January, and the restart of Serra Leste operations, also in the Northern System.

The ramp-up means Vale has an outsized impact on prices in a tight market, especially after Chinese steel output jumped in March.

Performance was partially offset by scheduled maintenances in S11D, and lower performance in the Itabira complex related to tailings disposal restriction in the complex.

Vale reported 19.5% quarter-over-quarter decline in production, mainly attributed to usual seasonality.

This year, Vale is expected to account for 83% of global supply growth, according to BloombergNEF.

Vale declared a production capacity of 327 million tonnes per year. In 2018, before the Brumadinho dam collapse, Vale produced 385 million tonnes.

The miner maintained its full-year guidance between 315-335 million tonnes of iron ore. The company said last year it expects to reach an iron ore capacity of 400 million tonnes per year by the end of 2022 or early 2023.

Vale’s pellet production totalled 6.3 million tonnes in 1Q21, 9.2% lower than in 1Q20, as a result of lower pellet feed availability from Vale’s sites mainly from Itabira and Brucutu. Despite a weaker quarter, Vale expects to gradually increase production during 2021 with the higher availability of pellet feed from Timbopeba and Vargem Grande.

Sales volumes of iron ore fines and pellets totalled 65.6 million tonnes in 1Q21, up 11% y/y on stronger iron ore production, but partially offset by lower pellet-feed availability.

Vale, which is also the biggest producer of mined nickel, produced 4.7% less of the metal than a year ago, excluding New Caledonia operations the company sold.

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Daily News Update Page 23 The company’s copper production was 19% down over the same span due to maintenance that was slowed by covid-19 related restrictions on contractors.

In coal, Vale has concluded a revamp of two processing plants in Mozambique after announcing its intention to exit the coal business. (With files from Bloomberg)

Russian mining behemoth Nornickel reports Q1 nickel and copper

output drop

By Vladimir Basov

N

ORNICKEL, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, today announced its preliminary consolidated production results for the first quarter of 2021.

In Q1 2021, the company's consolidated nickel production decreased 10% q-o-q to 47 kt. The decrease was attributed to the temporary suspension of Oktyabrsky and Taimyrsky mines, as well as the Norilsk Concentrator.

The company's consolidated copper production decreased 21% q-o-q to 91 kt, all of which were produced from the company's own Russian feed. The decrease was attributed to the temporary suspension at Oktyabrsky and Taimyrsky mines, reduction of ore processing at the Norilsk Concentrator and scheduled shut down of the metallurgical shop at Kola MMC.

Nornickel's palladium and platinum output increased 40% q-o-q to 776 koz and 23% to 184 koz, respectively, all of which were produced from the company's own Russian feed. The increase of PGMs output was attributed to the full ramp-up of a new line for production of precious metals from chlorine leaching residues at Kola MMC and, as a result, a decrease of the work-in-progress inventory.

The company noted that recent 'unfortunate' incidents in Norilsk had a negative impact on nickel and copper production volumes of the company in Q1 2021, but production recovery at Oktyabrsky mine (5.0 mtpa of ore) is running ahead of schedule, having reached already 60% of its nameplate capacity. Oktyabrsky mine is expected to reach its full capacity by the end of April, whereas Taimyrsky mine — in early June.

US vows to lead on climate, press world to reduce coal use

By Afp

T

HE UNITED States will press all nations to reduce reliance on coal, Secretary of State Antony Blinken said Monday, in an implicit challenge to China as he vowed greater US leadership.

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