TABLE OF CONTENTS. No. Title Media Source Page

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Daily News Update Page 1

SVP Corporate Secretary MIND ID Heri Yusuf menerangkan, INCO memiliki kewajiban untuk melakukan divestasi saham sebesar 11% kepada pihak domestik dalam rangka konversi Kontrak Karya (KK) yang di- asumsikan akan berakhir beberapa tahun lagi dan kemudian berubah menjadi Izin Usaha Pertambangan Khusus (IUPK).

“Untuk saat ini, MIND ID siap mendukung INCO dan pemerintah, baik terkait konversi KK tersebut maupun dalam program hiliri- sasi dan peningkatan produksi nikel nasional serta produk turunannya,” ujar Heri kepada Kontan.co.id (7/1).

Berdasarkan Undang-Undang Nomor 3 Tahun 2020 tentang Perubahan Undang- Undang No. 4 Tahun 2009 tentang Pertam- bangan Mineral dan Batubara (Minerba), badan usaha pemegang Izin Usaha Pertam- bangan (IUP) atau IUPK pada tahap kegiatan Operasi Produksi yang sahamnya dimiliki oleh asing wajib melakukan divestasi saham sebesar 51% secara berjenjang kepada Pemerintah Pusat, Pemerintah Daerah, BUMN, badan usaha milik daerah, dan/atau Badan Usaha swasta nasional. Aturan ini dimuat dalam Pasal 112 beleid tersebut.

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In the event that the intended gradual divestment of shares cannot be carried out, the share divestment offer shall be made through the Indonesian stock exchange.

According to Kontan.co.id news, MIND ID has acquired a 20% stake in Vale Indonesia at the level of Rp 2,780 per share with a transaction value of US$ 290 million in 2020. In details, MIND ID acquired 14.9%

stake in INCO owned by Vale Canada Limited (VCL), and 5.1% shares owned by Sumitomo Metal Mining Co Ltd (SMM).

Based on RTI data accessed on Sunday (9/1), Vale Indonesia's shareholding composition is owned by VCL 43.79%, MIND ID 20%, SMM 15.03%, and the public 21.18%.

Contacted separately, Director of Vale Indonesia Bernardus Irmanto said that there had been no discussion regarding the divestment of the 11% stake with MIND ID.

"There has been no discussion on the 11%

divestment," Bernardus told Kontan.co.id (8/1).

Dalam hal pelaksanaan divestasi saham secara berjenjang yang dimaksud tidak dapat terlaksana, penawaran divestasi saham dilakukan melalui bursa saham Indonesia.

Menurut pemberitaan Kontan.co.id, MIND ID telah mengakuisisi 20% saham Vale Indonesia di level Rp 2.780 per saham dengan nilai transaksi US$ 290 juta pada tahun 2020 lalu.. Perinciannya, MIND ID mengakuisisi 14,9% saham INCO milik Vale Canada Limited (VCL), dan 5,1% saham milik Sumitomo Metal Mining Co Ltd (SMM).

Berdasarkan data RTI yang diakses pada Minggu (9/1), komposisi kepemilikan saham Vale Indonesia dimiliki VCL 43,79%, MIND ID 20%, SMM 15,03%, dan publik 21,18%.

Dihubungi terpisah, Direktur Vale Indonesia Bernardus Irmanto mengatakan bahwa belum ada diskusi perihal divestasi 11%

saham dengan pihak MIND ID. “Divestasi 11% belum ada diskusi,” ujar Bernardus kepada Kontan.co.id (8/1).

United Tractors (UNTR) Prepares Rp 10 Trillion Capex

Nabil Al Faruq

P

T UNITED Tractors Tbk (UNTR) has prepared a capital expenditure (capex) of US$ 750 million or equivalent to Rp 10.74 trillion this year. The funds will be used to support the company's business growth in 2022.

United Tractors Corporate Secretary Sara K Loebis said the source of capex funding comes from internal cash. "This year's capital expenditure will be used to support business capital needs in 2022," she told Investor Daily last weekend.

United Tractors (UNTR) Siapkan Capex Rp 10 Triliun

Nabil Al Faruq

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T UNITED Tractors Tbk (UNTR) menyiap- kan belanja modal (capital expenditure/

capex) sebesar US$ 750 juta atau setara Rp 10,74 triliun pada tahun ini. Dana tersebut akan digunakan untuk menopang pertumbuhan bisnis perseroan di 2022.

Sekretaris Perusahaan United Tractors Sara K Loebis mengatakan, sumber pendanaan capex berasal dari kas internal. “Belanja modal tahun ini akan digunakan untuk menopang kebutuhan modal bisnis di 2022,” ujar dia kepada Investor Daily, akhir pekan lalu.

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Sara said that her party is optimistic that UNTR's business performance will be more positive this year. The subsidiary of PT Astra International Tbk (ASII) projects heavy equipment sales to grow 22-23%, mining contractor production to increase 3%, coal sales to increase 6-8%, and gold sales to around 290-300 thousand oz.

"For the increase in coal sales, this projection is before the export ban policy issued January 1, 2022, so there are no new directions. So we'll just have to monitor the progress," she explained.

Sara added that her party will meet the needs of customers in all sectors related to heavy equipment and after-sales services, where mining contractor activities are on target directed by the client.

Until the end of September 2021, according to Sara, the company's financial performance continues to grow. UNTR's net income rose 24% to Rp 57.8 trillion compared to Rp 46.5 trillion in the same period 2020. In line with the increase in net income, net profit also increased by 46% to Rp 7.8 trillion compared to the previous year of Rp 5.3 trillion.

Meanwhile, sales of heavy equipment in the construction machinery segment increased 84% to 2,194 units from 1,191 units. Sales of spare parts and maintenance services also rose 18 percent to Rp 5.6 trillion. Overall, the construction machinery segment recorded revenue of Rp 15.8 trillion, an increase of 54% year on year (yoy).

Then, the mining contractor segment recorded a 9% higher net income to Rp 24.2 trillion, with 87.3 million tons of coal production and 630.0 million bcm of overburden removal. The coal mining segment recorded higher sales volume to 7.7 million tons, with net revenue increasing 36 percent to Rp 10.3 trillion.

Sara mengungkapkan, pihaknya optimistis kinerja bisnis UNTR akan semakin positif pada tahun ini. Anak usaha PT Astra Inter- national Tbk (ASII) tersebut memproyeksi- kan penjualan alat berat tumbuh 22-23%, produksi kontrakor pertambangan naik 3%, penjualan batu bara meningkat 6-8%, dan penjualan emas sekitar 290-300 ribu oz.

“Untuk kenaikan penjualan batu bara, proyeksi ini sebelum kebijakan larangan ekspor yang dikeluarkan 1 Januari 2022, sehingga belum ada arahan baru. Jadi kita pantau saja dulu perkembangannya,” jelas dia.

Sara menambahkan, pihaknya akan memenuhi kebutuhan customer di seluruh sektor terkait alat berat dan layanan purna jualnya, di mana kegiatan kontraktor tambang sesuai target yang diarahkan oleh klien.

Hingga akhir September 2021, menurut Sara, kinerja keuangan perseroan terus mengalami pertumbuhan. Pendapatan bersih UNTR naik 24% menjadi Rp 57,8 triliun ibandingkan Rp 46,5 triliun pada periode sama 2020. Sejalan dengan peningkatan pendapatan bersih, laba bersih juga naik sebesar 46% menjadi Rp 7,8 triliun dibanding tahun sebelumnya Rp 5,3 triliun.

Sementara itu, penjualan alat berat pada segmen mesin konstruks meningkat 84%

menjadi 2.194 unit dari 1.191 unit. Pen- jualan suku cadang dan jasa pemeliharaan juga naik 18% menjadi Rp 5,6 triliun. Secara keseluruhan, segmen mesin konstruksi mencatat pendapatan sebesar Rp 15,8 triliun atau meningkat 54% year on year (yoy).

Kemudian, segemen pertambangan kontraktor mencatat pendapatan bersih 9% lebih tinggi menjadi Rp 24,2 triliun, dengan 87,3 juta ton produksi batu bara dan 630,0 juta bcm pemindahan lapisan penutup. Segmen pertambangan batu bara mencatat volume penjualan lebih tinggi menjadi 7,7 juta ton, dengan pendapatan bersih meningkat 36%

menjadi Rp 10,3 triliun.

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Meanwhile, the gold mining segment achieved revenue of Rp 6.5 trillion, an increase of 17 percent, with gold sales volume reaching 258,000 ounces. The last segment, the construction industry, posted a net income of Rp 1.1 trillion, up 11 percent.

Thus, the company's consolidated net income was contributed by the mining contractor segment at 42 percent, followed by the construction machinery segment at 27 percent, coal mining at 18 percent, gold mining at 2 percent and the construction industry at 2 percent.

On the other hand, the company stated that its subsidiary PT Bina Pertiwi (BP) has sold all of its shares in PT Iltahabi Energia Tenagahidro (IETH) to PT Energia Prima Nusantara (EPN). The EPN is also a subsidiary of UNTR.

BP and EPN are subsidiaries of UNTR, which all issued shares are owned by PT United Tractors Tbk, either directly or indirectly.

"BP and EPN have signed a sale and purchase agreement of all BP's shares in IETH which is equivalent to 80% of the total paid-up and placed shares in IETH to EPN," Sara explained.

After carrying out the transaction on December 27, 2021, EPN's share owner- ship in IETH is 10,823 shares or a value of Rp. 10,823 billion. The purpose of the transaction is to reorganize the group of companies, especially for the business portfolio in the electricity sector. Editor : Indah Handayani

Sementara segmen pertambangan emas meraih pendapatan sebesar Rp 6,5 triliun atau meningkat 17%, dengan volume penjualan emas mencapai 258.000 ons.

Segmen terakhir, industri konstruksi, membukukan pendapatan bersih sebesar Rp 1,1 triliun atau naik 11%.

Dengan demikian, pendapatan bersih konsolidasi perseroan paling besar dikon- tribusi oleh segmen kontraktor pertambangan sebesar 42%, diikuti segmen mesin konstruksi 27%, pertambangan batu bara 18%, pertambangan emas 2% dan industri konstruksi 2%.

Di sisi lain, perseroan menyatakan bahwa anak usahanya PT Bina Pertiwi (BP) telah menjual seluruh sahamnya di PT Iltahabi Energia Tenagahidro (IETH) kepada PT Energia Prima Nusantara (EPN). Adapun EPN juga merupakan anak usaha dari UNTR.

BP dan EPN adalah anak usaha UNTR, yang seluruh saham-saham yang telah dikeluarkan, dimiliki oleh PT United Tractors Tbk, baik langsung maupun tidak langsung.

“BP dan EPN telah menandatangani perjanjian jual beli seluruh saham milik BP pada IETH yang setara dengan 80% dari total saham disetor dan ditempatkan pada IETH kepada EPN,” jelas Sara.

Setelah melakukan transaksi tersebut pada 27 Desember 2021, kepemilikan saham EPN pada IETH adalah sebanyak 10.823 lembar saham atau senilai Rp 10,823 miliar. Tujuan transaksi adalah untuk reorganisasi grup perseroan, khususnya untuk portofolio bisnis yang bergerak di bidang ketenagalistrikan. Editor : Indah Handayani

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BUMI's Bakrie Group Issuers Openly Affects Coal Export Ban

Author: Mutiara Nabila

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COAL issuer belonging to the Bakrie Group, PT Bumi Resources Tbk. (BUMI), assessing that the ban on coal exports has the potential to bring the businesses of issuers and subsidiaries into force majeure and demurrage conditions, thus asking the government to revoke the regulation.

"The ban on coal exports set by the government has the potential for force majeure to occur. However, each subsidiary's coal sales contract contains arrangements regarding this force majeure condition," explained Dileep Srivastava, BUMI's Corporate Secretary, quoted on Sunday (9/1/2022).

This export ban also has the potential for demurrage or the imposition of additional costs from shipping companies such as shipping, as well as penalties as a result of delays in coal shipments abroad.

Even though the company has fulfilled its domestic market obligations (DMO), by prioritizing the coal supply policy for domestic interests, including PLN, the company and its subsidiaries will continue to follow government policies.

"The company hopes that the government will immediately lift the export ban on companies that have fulfilled the DMO," he added.

Until now, BUMI has not yet calculated the effect of this policy on the company's financial performance. However,...

Emiten Grup Bakrie BUMI Blak- blakan Imbas Larangan Ekspor

Batu Bara

Author: Mutiara Nabila

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MITEN batu bara milik Grup Bakrie, PT Bumi Resources Tbk. (BUMI), menilai larangan ekspor batu bara berpotensi membawa usaha emiten dan entitas anak ke kondisi force majeure dan demurrage sehingga meminta pemerintah mencabut aturan tersebut.

“Larangan ekspor batu bara yang ditetapkan pemerintah memiliki potensi terjadinya kondisi keadaan kahar atau force majeure.

Namun, di setiap kontrak penjualan batu bara entitas anak sudah memuat pengaturan mengenai kondisi keadaan kahar ini,” jelas Dileep Srivastava, Corporate Secretary BUMI, dikutip Minggu (9/1/2022).

Larangan ekspor ini juga memiliki potensi demurrage atau pengenaan biaya tambahan dari perusahaan pengiriman seperti pelayaran, dan juga penalti sebagai akibat tertahannya pengiriman batu bara ke luar negeri.

Sekalipun perseroan telah memenuhi kewajiban pasar domestik (DMO), dengan mendahulukan kebijakan pasokan batu bara untuk kepentingan dalam negeri termasuk PLN, perseroan dan entitas anak perseroan akan tetap mengikuti kebijakan pemerintah.

“Perseroan berharap agar pemerintah segera mencabut larangan ekspor terhadap perusahaan yang telah memenuhi DMO,”

imbuhnya.

Sampai saat ini, BUMI belum masih meng- hitung pengaruh kebijakan tersebut terhadap kinerja keuangan perusahaan.

Namun,...

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However, there is no information or facts or other material important events that can affect the price of the company's securities, the investment decisions of investors, and the survival of the company.

Editor : M. Nurhadi Pratomo

Namun, belum ada informasi atau fakta atau kejadian penting lainnya yang material yang dapa mempengaruhi harga efek perseroan, keputusan investasi para pemodal, serta kelangsungan hidup perseroan. Editor : M. Nurhadi Pratomo

Vale (INCO) Smelter Project in Bahodopi rolling, FID Targeted

in the first quarter of 2022

Reporter: Muhammad Julian | Editor: Herlina Kartika Dewi

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HE NICKEL smelter processing plant project in Bahodopi, Morowali Regency, Central Sulawesi, is still ongoing.

Director of PT Vale Indonesia Tbk (INCO) Bernardus Irmanto said his party was finalizing all requirements to enter the final investment decision (FID) stage.

"Everything shows good progress. We are trying to make FID no later than the 1st quarter (2022), Bernardus said to Kontan.co.id (8/1).

Previously, INCO signed a Project Cooperation Framework Agreement for the Bahodopi Nickel Processing Facility with two partners, namely Taiyuan Iron &

Steel (Group) Co., Ltd (TISCO) and Shandong Xinhai Technology Co., Ltd (Xinhai) in June 2021.

Based on this agreement, the three agreed to form a joint venture company (JV Co) to build a nickel processing facility at Xinhai Industrial Park, Morowali, Central Sulawesi.

In the joint venture, INCO will own 49%

shares, while the remaining 51% of JV Co's shares will be owned by INCO partners.

Proyek Smelter Vale (INCO) di Bahodopi bergulir, FID Ditargetkan kuartal I-2022

Reporter: Muhammad Julian | Editor: Herlina Kartika Dewi

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ROYEK pabrik pengolahan alias smelter nikel di Bahodopi, Kabupaten Morowali, Sulawesi Tengah, masih bergulir.

Direktur PT Vale Indonesia Tbk (INCO) Bernardus Irmanto mengatakan, pihaknya sedang menyelesaikan semua persyaratan untuk memasuki tahap keputusan investasi final atawa final investment decision (FID).

“Semua menunjukkan progress yang baik. Kami upayakan FID paling lambat di kuartal 1 (2022), ujar Bernardus kepada Kontan.co.id (8/1).

Sebelumnya, INCO telah menandatangani dokumen Perjanjian Kerangka Kerjasama Proyek untuk Fasilitas Pengolahan Nikel Bahodopi dengan dua mitra, yaitu Taiyuan Iron & Steel (Grup) Co., Ltd (TISCO) dan Shandong Xinhai Technology Co., Ltd (Xinhai) pada Juni 2021 silam.

Berdasarkan perjanjian ini, ketiganya sepakat untuk membentuk perusahaan patungan (JV Co) untuk membangun fasilitas pengolahan nikel di Xinhai Industrial Park, Morowali, Sulawesi Tengah.

Dalam perusahaan patungan itu, INCO akan memiliki 49% saham, sedang sebanyak 51%

saham JV Co sisanya bakal dimiliki oleh mitra INCO.

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Later, the JV Co will build eight ferronickel processing lines in a rotary kiln-electric furnace with an estimated production of 73,000 metric tons of nickel per year and its supporting facilities.

Nantinya, JV Co ini akan membangun delapan lini pengolahan feronikel rotary kiln-electric furnace dengan perkiraan produksi sebesar 73.000 metrik ton nikel per tahun beserta fasilitas pendukungnya.

Merdeka Copper Expansion Action, Acquisition to Issue New

Shares

Author: Edo Fernando, Editor: Faris Primayudha

P

T MERDEKA Copper Gold Tbk has acquired a 50.1% stake in PT Andalan Bersama Investama (ABI), in which the number of transactions in the sale and purchase reached $80.16 million or around Rp1.14 trillion. The share sale and purchase transaction is an affiliated transaction, because Andalan Bersama Investama itself is an affiliate of one of the controlling companies, namely PT Provident Capital Indonesia.

The transaction was ratified at a signing ceremony for the conditional share acquisition agreement. The company said that this acquisition was part of Merdeka Copper Gold's goal to take over the gold mine, which was previously owned by PT Gorontalo Sejahtera Mining, which is also known as an entity of Andalan Bersama Investama.

After the share takeover transaction, Merdeka Copper Gold hopes to further develop the potential of the Mining Business License owned by one of its subsidiaries, namely PT Puncak Emas Tani Sejahtera. The main thing is to increase the company's profit and performance in the years to come.

Aksi Ekspansi Merdeka Copper, Akuisisi Hingga Terbitkan

Saham Baru

Penulis: Edo Fernando, Editor: Faris Primayudha

P

T MERDEKA Copper Gold Tbk telah meng- akuisisi sebanyak 50,1% saham PT Andalan Bersama Investama (ABI), di mana jumlah transaksi dalam jual beli itu mencapai $80,16 juta atau sekitar Rp1,14 triliun. Transaksi jual beli saham tersebut merupakan transaksi afiliasi, karena Andalan Bersama Investama sendiri merupakan afiliasi dari salah satu perusahaan pengendali, yakni PT Provident Capital Indonesia.

Transaksi tersebut telah disahkan dalam sebuah acara penandatanganan perjanjian akuisisi saham bersyarat. Perusahaan mengatakan bahwa langkah akuisisi ini adalah bagian dari tujuan Merdeka Copper Gold untuk bisa mengambil alih tambang emas, yang sebelumnya dimiliki oleh PT Gorontalo Sejahtera Mining, yang juga diketahui sebagai entitas dari Andalan Bersama Investama.

Setelah adanya transaksi pengambilalihan saham tersebut, Merdeka Copper Gold berharap bisa lebih mengembangkan potensi Izin Usaha Pertambangan yang dimiliki oleh salah satu anak usahanya, yakni PT Puncak Emas Tani Sejahtera. Utamanya adalah untuk meningkatkan keuntungan dan juga kinerja perusahaan di tahun-tahun yang akan datang.

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For the record, Andalan Bersama Investama is known as a company that has an affiliation with PT Provident Capital Indonesia (PCI). Merdeka Copper Gold on the other hand also has an indirect stake in Provident Capital Indonesia, as it is known that it also owns shares in PT Mitra Daya Mustika and PT Suwarna Arta Mandiri, which amounts to around 18.93%.

On the other hand, Merdeka Copper Gold also revealed their plan to increase their capital with a pre-emptive right or Preemptive Rights scheme. Later the company will also issue 1.2 billion new shares with a price per share of Rp 2,830.

The company revealed that the issuance of the new shares would be realized as early as 2022.

Thus, the potential for fresh funds that Merdeka Copper Gold will be able to obtain in the corporate action reaches Rp3.41 trillion.

Sebagai catatan, Andalan Bersama Investama selama ini diketahui sebagai perusahaan yang memiliki afiliasi dengan PT Provident Capital Indonesia (PCI). Merdeka Copper Gold di sisi lain juga memiliki saham tidak langsung di Provident Capital Indonesia, karena diketahui juga memiliki bagian saham pada PT Mitra Daya Mustika dan juga PT Suwarna Arta Mandiri, yang jumlahnya sekitar 18,93%.

Di sisi lain, Merdeka Copper Gold juga mengungkapkan rencana mereka untuk melakukan penambahan modal dengan skema hak memesan efek terlebih dahulu atau HMETD. Nantinya perusahaan juga akan menerbitkan saham baru sebanyak 1,2 miliar lembar dengan harga per lembarnya Rp2.830.

Perusahaan mengungkap bahwa penerbitan saham baru itu akan direalisasikan paling cepat pada tahun 2022 ini.

Dengan demikian, potensi dana segar yang akan bisa didapatkan Merdeka Copper Gold dalam aksi korporasi itu mencapai Rp3,41 triliun.

Indonesia Can Open Export Faucet This Week, Coal Will

Drop?

Robertus Andrianto, CNBC Indonesia

C

OAL prices soared 16.6% over the past week. Indonesia's new coal export ban policy is still one of the boosters for the black stone's price. However, this week there is a possibility that the export faucet will be re- opened, and the new coal price is at risk of correction.

The price of coal on the Newcastle (Australia) ICE market closed at US$ 177/ton on Friday (7/1/2022). The day before, it even had time to 'fly' more than 11.35%.

RI Bisa Buka Keran Ekspor Pekan Ini, Batu Bara Bakal

Jeblok?

Robertus Andrianto, CNBC Indonesia

H

ARGA batu bara melesat 16,6% sepanjang pekan lalu. Kebijakan larangan ekspor baru bara Indonesia masih menjadi salah satu pendongkrak harga si batu hitam. Tetapi di pekan ini ada kemungkinan keran ekspor akan kembali dibuka, dan harga baru bara berisiko terkoreksi.

Harga batu bara di pasar ICE Newcastle (Australia) ditutup di US$ 177/ton pada Jumat (7/1/2022). Sehari sebelumnya bahkan sempat melesat 'terbang' lebih dari 11,35%.

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The government decided to stop coal exports for a month. This step had to be taken because the supply of coal to power plants was running low. The spike in coal prices was due to concerns about world supply after the Indonesian government announced a policy that shook the world.

The problem is, Indonesia is the world's largest coal exporter. China, India, Japan, and various countries depend on the supply of coal from the country.

Japan, which imports about 2 million tons of Indonesian coal per month, sent a letter asking the Indonesian government to allow exports of high-calorie coal to the Land of the Rising Sun. The reason is that high- calorie coal is not used in Indonesia's power plants. Five coal transport ships that were originally headed to Japan are still stuck at the port.

Likewise, South Korea, through the Minister of Trade Yeo Han-koo, has strongly asked Indonesia to immediately lift the ban on coal exports.

Yeo made this request in an online meeting with the Minister of Trade Muhammad Lutfi. During the meeting, the two ministers agreed on the importance of cooperation in the global supply network and emphasized the need for bilateral efforts for a stable commodity supply chain.

Meanwhile, the Indian government whispered to Reuters that it had not yet made contact with Indonesia. Because India's coal supply is adequate, imports have been carried out long ago.

Export Faucet Will Reopen This Week?

Meanwhile, the Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia revealed, there is a possibility that the coal export faucet could be opened this week.

Pemerintah memutuskan menyetop ekspor batu bara selama sebulan. Langkah ini terpaksa dilakukan karena pasokan batu bara ke pembangkit listrik menipis. Lonjakan harga batu bara akibat kecemasan terhadap pasokan dunia setelah pemerintah Indonesia meng- umumkan kebijakan yang mengguncang dunia.

Masalahnya, Indonesia adalah eksportir batu bara terbesar dunia. China, India, Jepang, dan berbagai negara bergantung kepada pasokan batu bara dari Tanah Air.

Jepang, yang mengimpor sekitar 2 juta ton batu bara Indonesia per bulan, mengirim surat agar pemerintah Indonesia mengizin- kan ekspor batu bara kalori tinggi ke Negeri Matahari Terbit. Alasannya, batu bara kalori tinggi tidak dipakai di pembangkit listrik Indonesia. Lima kapal angkut batu bara yang sedianya menuju ke Jepang masih tertahan di pelabuhan.

Begitu juga dengan Korea Selatan yang melalui Menteri Perdagangan Yeo Han-koo telah meminta dengan sangat kepada Indonesia agar segera mencabut larangan ekspor batu bara.

Permintaan ini disampaikan Yeo dalam rapat secara daring dengan Menteri Perdagangan Muhammad Lutfi. Dalam rapat itu, kedua menteri sepakat tentang pentingnya kerja sama dalam jaringan pasokan global dan menekankan perlunya upaya bilateral untuk rantai pasokan komoditas yang stabil.

Sementara, pemerintah India membisikkan kepada Reuters bahwa mereka belum mem- buat kontak dengan Indonesia. Sebab, pasokan batu bara India sudah memadai, impor sudah dilakukan sejak jauh-jauh hari.

Keran Ekspor Bakal Dibuka Lagi Pekan Ini?

Sementara, Menteri Investasi/Kepala Badan Koordinasi Penanaman Modal (BKPM) Bahlil Lahadalia mengungkapkan, ada kemungkinan keran ekspor batu bara bisa dibuka pada pekan ini.

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According to him, the opening of the export faucet can be done if the stock of coal for domestic purposes, especially for the PT PLN (Persero) power plant can be fulfilled.

"Yes, if our stock and reserves have met the needs of PLN and domestically, we can export," he said when asked by reporters at his office, Friday (07/01/2022).

"If it is fulfilled in the following weeks, there is already certainty that 5-6 million can be exported," he continued.

If the export faucet is re-opened, anxiety will subside and coal prices will be reduced. CNBC INDONESIA RESEARCH TEAM (ras/ras)

Menurutnya, dibukanya keran ekspor dapat dilakukan jika stok batu bara untuk kepentingan dalam negeri, terutama untuk pembangkit listrik PT PLN (Persero) bisa terpenuhi.

"Ya kalau stok kita dan cadangan kita sudah memenuhi untuk kebutuhan PLN dan dalam negeri, boleh ekspor," ungkapnya saat ditanya wartawan di kantornya, Jumat (07/01/2022).

"Kalau sudah terpenuhi dalam minggu- minggu besok, sudah ada kepastian 5-6 juta ya boleh kita ekspor," lanjutnya.

Jika keran ekspor kembali dibuka, kecemasan akan mereda dan harga batu bara. TIM RISET CNBC INDONESIA (ras/ras)

697 Mineral IUP Holders Threatened with Cessation of

Operations

Rio Indrawan

A

TOTAL of 697 holders of Mining Business Permits (IUP) for mineral mines can be given sanctions in the form of temporary suspension of mining activities if they have not fulfilled the obligation to submit the 2022 Budget and Cost Work Plan (RKAB) document.

The threat of sanctions is contained in a warning letter from the Directorate General of Mineral and Coal to hundreds of mineral mining IUP holders.

In a copy of the letter numbered T-5/MB.

04/DBM.OP/2022 obtained by Dunia Energi signed by Sugeng Mujiyanto, Director of Mineral Business at the Directorate General of Mineral and Coal (Minerba) of the Ministry of EMR, stated that based on the results of the evaluation of the fulfillment of the above obligations Until now, the business actors on the list have not submitted the 2022 RKAB Document.

697 Pemegang IUP Mineral Terancam Sanksi Penghentian

Operasi

Rio Indrawan

S

EBANYAK 697 pemegang Izin Usaha Pertambangan (IUP) tambang mineral bisa diberikan sanksi berupa pemberhentian sementara kegiatan tambang apabila belum memenuhi kewajiban untuk menyerahkan dokumen Rencana Kerja Anggaran dan Biaya (RKAB) tahun 2022.

Ancaman sanksi tersebut tertuang dalam surat teguran dari Ditjen Minerba kepada ratusan pemegang IUP tambang mineral.

Dalam salinan surat bernomor T-5/MB.

04/DBM.OP/2022 yang diperoleh Dunia Energi yang ditandatangani Sugeng Mujiyanto, Direktur Pengusahaan Mineral Ditjen Mineral dan Batu bara (Minerba) Kementerian ESDM, menyebutkan berdasarkan hasil evaluasi terhadap pemenuhan kewajiban tersebut di atas, sampai dengan saat ini para pelaku usaha yang ada dalam daftar belum menyampaikan Dokumen RKAB Tahun 2022.

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"In connection with this negligence, we hereby convey a warning so that you submit the said document no later than January 31, 2022. The RKAB document and supporting documents must be sent to

email [email protected],

[email protected] and [email protected]," wrote Sugeng in his letter signed on Tuesday (4/1).

In the letter, the companies were judged to have been negligent because they had not submitted the RKAB document for 2022 even though according to the regulation of the Minister of EMR Number 7 of 2020 Article 79 paragraph (1) letter b, holders of IUP Production Operations and IUPK Production Operations are required to submit the Annual RKAB within a period of time. no later than 90 (ninety) calendar days and no later than 45 (forty five) calendar days before the end of the calendar year for the annual RKAB in the following year.

In the letter, it is stated that if the RKAB is received after that time period, the RKAB will not be processed and the company will be given a temporary suspension. (RI)

“Sehubungan dengan kelalaian tersebut, dengan ini kami sampaikan teguran agar Saudara menyampaikan dokumen dimaksud paling lambat 31 Januari 2022. Dokumen RKAB dan dokumen pendukung agar dikirimkan melalui email [email protected], [email protected] dan [email protected],” tulis Sugeng dalam suratnya yang ditandatangani pada Selasa (4/1).

Dalam surat tersebut, para perusahaan dinilai telah lalai karena belum sampaikan dokumen RKAB tahu 2022 padahal sesuai aturan Peraturan Menteri ESDM Nomor 7 Tahun 2020 Pasal 79 ayat (1) huruf b, pemegang IUP Operasi Produksi dan IUPK Operasi Produksi wajib menyampaikan RKAB Tahunan dalam jangka waktu paling cepat 90 (sembilan puluh) hari kalender dan paling lambat 45 (empat puluh lima) hari kalender sebelum berakhirnya tahun takwim untuk RKAB tahunan pada tahun berikut- nya.

Dalam surat tersebut disebtukan apabila RKAB diterima melebihi jangka waktu tersebut, maka RKAB tidak akan diproses dan perusahan diberikan penghentian sementara. (RI)

Waiting for Continuation of Operation Permit for Kaltim

Prima Coal

Reporter: Filemon Agung | Editor: Herlina Kartika Dewi

P

T BUMI Resources Tbk (BUMI) is still waiting for the extension of the operating license of its subsidiary, PT Kaltim Prima Coal (KPC) which ends on December 31, 2021.

Menanti Kelanjutan Izin Operasi Kaltim Prima Coal

Reporter: Filemon Agung | Editor: Herlina Kartika Dewi

P

T BUMI Resources Tbk (BUMI) masih menanti kelanjutan perpanjangan izin operasi anak usahanya, PT Kaltim Prima Coal (KPC) yang berakhir pada 31 Desember 2021 lalu.

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The government had extended the company's operating license, but only for two weeks, from January 1, 2022 to January 14, 2022.

Director of PT Bumi Resources Tbk Dileep Srivastava said his party was still trying to optimize performance in order to maintain production in 2022 reaching around 90 million tons.

"BUMI will work optimally in this direction and of course (considering) the environ- ment and the weather," said Dileep to Kontan.co.id, Sunday (9/1).

Kontan noted, this production target will come from two BUMI subsidiaries, namely PT Kaltim Prima Coal (KPC) which will produce 61 million tons of coal, while Arutmin Indonesia (AI) is estimated to produce 29 million tons of coal.

Regarding the fate of KPC, Dileep previously said that he was still waiting for the government's final decision.

"All formalities (already) have been complied with and are awaiting a final decision from the authorities," said Dileep.

Meanwhile, Energy and Mining Law Observer at Tarumanegara University Ahmad Redi revealed, referring to the Constitutional Court's (MK) judicial review decision on Article 169A paragraph (1) of Law Number 3 of 2020 concerning Mineral and Coal Mining (Minerba Law) then the extension of cannot be given directly.

Thus, the extension pattern used refers to Article 75 of the Minerba Law where State- Owned Enterprises (SOE) and Regional- Owned Enterprises (ROE) receive priority to obtain a Special Mining Business Permit (IUPK).

Pemerintah sempat memperpanjang izin operasional perusahaan ini, namun hanya dua minggu yakni sejak 1 Januari 2022 hingga 14 Januari 2022

Direktur PT Bumi Resources Tbk Dileep Srivastava mengungkapkan, pihaknya tetap berupaya mengoptimalkan kinerja demi menjaga produksi tahun 2022 mencapai sekitar 90 juta ton.

"BUMI akan bekerja secara optimal ke arah ini dan tentu saja (mempertimbangkan) lingkungan dan cuaca," ungkap Dileep kepada Kontan.co.id, Minggu (9/1).

Kontan mencatat, target produksi ini bakal bersumber dari dua anak usaha BUMI yakni PT Kaltim Prima Coal (KPC) akan memproduksi 61 juta ton batubara, sementara Arutmin Indonesia (AI) diperkirakan memproduksi 29 juta ton batubara.

Mengenai nasib KPC, Dileep sebelumnya mengungkapkan memastikan pihaknya masih menanti keputusan final pemerintah.

"Semua formalitas (sudah) dipatuhi dan menunggu keputusan final dari otoritas,"

kata Dileep.

Sementara itu, Pengamat Hukum Energi dan Pertambangan Universitas Taruma- negara Ahmad Redi mengungkapkan, jika merujuk pada putusan uji materiil Mahkamah Konstitusi (MK) terhadap Pasal 169A ayat (1) Undang-Undang Nomor 3 Tahun 2020 tentang Pertambangan Mineral dan Batubara (UU Minerba) maka perpanjangan tidak bisa diberikan secara langsung.

Dengan demikian, pola perpanjangan yang digunakan yakni merujuk pada Pasal 75 UU Minerba dimana Badan Usaha Milik Negara (BUMN) dan Badan Usaha Milik Daerah (BUMD) mendapatkan prioritas untuk mendapatkan Izin Usaha Pertam- bangan Khusus (IUPK).

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Meanwhile, it is only possible for the private sector to obtain an IUPK through the auction scheme for the Special Mining Business License Area (WIUPK).

"Well, I think that's the basis, because the Constitutional Court's decision is final and binding," said Redi to Kontan.co.id, Sunday (9/1).

Kontan noted that the Ministry of Energy and Mineral Resources (MEMR) had previously granted a permit extension for KPC.

Referring to the data contained in Minerba One Data Indonesia (MODI) of the Ministry of EMR, Thursday (6/1), the permit granted is still in the form of a Coal Mining Concession Work Agreement (PKP2B) and has not changed to a Special Mining Business Permit (IUPK).

In addition, the permit granted is only for two weeks, from January 1, 2022 to January 14, 2022. KPC's contract actually ends on December 31, 2021.

The data presented in MODI also reveals that no land shrinkage has been carried out. KPC's land area is still 84,938 hectares.

Redi explained that if an extension was granted, the decision would potentially violate the Constitutional Court's decision.

"This can also be a legal issue that is not good when the government violates the Constitutional Court's decision regarding the extension of this PKP2B," explained Redi.

Sementara itu, swasta baru dimungkinkan memperoleh IUPK melalui skema lelang Wilayah Izin Usaha Pertambangan Khusus (WIUPK).

"Nah saya kira itu yang jadi dasar ya karena memang Putusan MK sudah final and binding," ungkap Redi kepada Kontan.co.id, Minggu (9/1).

Kontan mencatat, Kementerian Energi dan Sumber Daya Mineral (ESDM) sebelumnya sempat memberikan perpanjangan izin untuk KPC.

Merujuk data yang termuat di Minerba One Data Indonesia (MODI) Kementerian ESDM, Kamis (6/1), izin yang diberikan masih berupa Perjanjian Karya Peng- usahaan Pertambangan Batu Bara (PKP2B) dan belum berubah menjadi Izin Usaha Pertambangan Khusus (IUPK).

Selain itu izin yang diberikan hanya selama dua minggu yakni sejak 1 Januari 2022 hingga 14 Januari 2022. Kontrak KPC sejatinya berakhir pada 31 Desember 2021.

Dalam data yang disajikan di MODI juga terungkap belum ada penciutan lahan yang dilakukan. Luasan lahan KPC masih sebesar 84.938 hektare.

Redi menjelaskan, jika memang ada perpanjangan yang diberikan maka keputusan tersebut potensial melanggar putusan MK.

"Ini juga bisa jadi isu hukum yang tidak baik ketika pemerintah melanggar putusan MK terkait perpanjangan PKP2B ini,"

terang Redi.

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Government Revokes 2,078 Mining Business Permits Starting Today, Monday 10

January 2022

Maulandy Rizky Bayu Kencana

T

HE GOVERNMENT has officially revoked 2,078 mining business permits (IUP) starting today, Monday (10/1/2022). The land, which has been revoked, will be handed over to a number of community groups, such as cooperatives, ROE, to religious organizations.

Investment Minister/Head of the Invest- ment Coordinating Board (BKPM) Bahlil Lahadalia said, according to the direction of President Joko Widodo (Jokowi), the revocation of the IUP began on January 10, 2022.

The Ministry of Investment coordinates with the Ministry of Energy and Mineral Resources (MEMR) to see in more detail the revoked mining business permits.

"And the revocation of the permit, regardless of who it belongs to, we will follow the rules," said Bahlil on Friday, January 7, 2022. After it is revoked, the central government will immediately distribute the land for economic activities in the area.

In accordance with Jokowi's directive, the land used for mining business permits will be handed over to a number of groups such as cooperatives, ROE, national/regional entrepreneurs who have met the requirements, to religious organizations.

"So that there really is an even distribution.

So, I still hear that some of my brothers and sisters or the public think that it is as if we, I'm sorry, can be controlled by a certain group," he said.

Pemerintah Cabut 2.078 Izin Usaha Pertambangan Mulai Hari Ini, Senin 10 Januari 2022

Maulandy Rizky Bayu Kencana

P

EMERINTAH resmi mencabut 2.078 izin usaha pertambangan (IUP) mulai hari ini, Senin (10/1/2022). Lahan bekas izin usaha pertambangan yang sudah dicabut ini akan diserahkan kepada sejumlah kelompok masyarakat seperti koperasi, BUMD, hingga organisasi keagamaan.

Menteri Investasi/Kepala Badan Koor- dinasi Penanaman Modal (BKPM) Bahlil Lahadalia mengatakan, sesuai arahan Presiden Joko Widodo (Jokowi), pencabutan IUP dimulai pada 10 Januari 2022.

Kementerian Investasi berkoordinasi dengan Kementerian Energi dan Sumber Daya Mineral (ESDM) untuk melihat lebih detil izin usaha pertambangan yang dicabut.

"Dan pencabutan izin tanpa melihat ini punya siapa, kita tertib pada aturan," ujar Bahlil pada Jumat 7 Januari 2022.

Usai dicabut, pemerintah pusat akan langsung mendistribusikan lahan untuk kegiatan ekonomi di daerah tersebut.

Sesuai arahan Jokowi, lahan bekas izin usaha tambang ini akan diserahkan kepada sejumlah kelompok seperti koperasi, BUMD, pengusaha nasional/daerah yang sudah memenuhi syarat, hingga organisasi keagamaan.

"Supaya betul-betul terjadi pemerataan.

Sehingga, masih saya dengar ada sebagian saudara saya atau masyarakat bahwa seolah-olah kita, mohon maaf, bisa di- kendalikan suatu kelompok tertentu,"

tururnya.

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"We can't. For the prosperity of the people as much as possible, to build national economic growth. I think this is what is important on this very noble occasion,"

concluded Bahlil Lahadalia.

Keep evaluating

Previously, President Joko Widodo (Jokowi) said that the government was said to be committed to improving natural resource governance so that there would be equity, transparency and fairness to correct inequality, injustice, and natural damage.

Therefore, Jokowi will continue to thoroughly evaluate mining, forestry, and state-owned land use permits.

"Permits that are not executed, which are not productive, are transferred to other parties and are not in accordance with the designation and regulations, we will revoke them," said Jokowi.

"Kita tidak bisa. Untuk kemakmuran rakyat sebanyak banyaknya, untuk bangun pertumbuhan ekonomi nasional. Saya pikir ini yang penting pada kesempatan yang sangat mulia ini," pungkas Bahlil Lahadalia.

Terus evaluasi

Sebelumnya, Presiden Joko Widodo (Jokowi) mengatakan bahwa pemerintah disebut akan terus berkomitmen memper- baiki tata kelola sumber daya alam agar ada pemerataan, transparan, dan adil untuk mengoreksi ketimpangan, ketidak- adilan, serta kerusakan alam.

Oleh karenanya, Jokowi bakal terus meng- evaluasi secara menyeluruh izin-izin pertambangan, kehutanan, dan juga peng- gunaan lahan milik negara.

"Izin-izin yang tidak dijalankan, yang tidak produktif yang dialihkan ke pihak lain serta yang tidak sesuai dengan peruntukan dan peraturan, kita cabut," tegas Jokowi.

South Korea and Japan Condemn Indonesia's Coal

Export Ban

S

OUTH Korea and Japan condemned the ban on coal exports imposed by the Indonesian government from January 1 to January 31, 2022. Both countries protested the policy of a temporary coal export ban amid high demand for this commodity.

South Korean Minister of Trade, Industry and Energy Yeo Han Koo even held a virtual emergency meeting with the Indonesian Minister of Trade Muhammad Lutfi.

Korsel dan Jepang Kecam Larangan Ekspor Batu Bara RI

K

OREA Selatan (Korsel) dan Jepang mengecam larangan ekspor batu bara yang diberlakukan Pemerintah Indonesia mulai 1 Januari hingga 31 Januari 2022. Kedua negara itu memprotes kebijakan larangan ekspor batu bara sementara di tengah tingginya permintaan terhadap komoditas tersebut.

Menteri Perdagangan, Industri, dan Energi Korsel Yeo Han Koo bahkan mengadakan pertemuan darurat secara virtual dengan Menteri Perdagangan RI Muhammad Lutfi.

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"Trade Minister Yeo expressed the concern of the (South Korean) government over the ban on Indonesia's coal exports and strongly requested the cooperation of the Indonesian government so that coal shipments would immediately resume,"

the ministry said in a press release as reported by Yonhap, Saturday (8/1).

Answering Yeo, Lutfi said that Indonesia is very aware of South Korea's concerns about the availability of coal. Therefore, he will endeavor to resolve the matter smoothly.

The two ministers agreed on the importance of cooperation in global coal supply networks. In addition, the two countries also emphasized the need for bilateral efforts to ensure a stable commodity supply chain.

Previously, the Japanese Ambassador to Indonesia Kanasugi Kenji also sent a letter to the Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif to lift the ban on coal exports.

Kenji said some Japanese power plants and manufactures rely on coal imported from Indonesia. The ban on coal exports is said to have a serious impact on economic activities and the daily lives of people in Japan.

"Industry in Japan regularly imports coal from Indonesia for power generation and manufacturing (about 2 million tons per month). Therefore, we request to immediately lift the ban on coal exports to Japan," Kenji wrote in his letter, Wednes- day (5/1) ago.

He added that the energy demand in the cherry country is currently high because Japan is facing winter. Kenji also offered another alternative, namely by continuing to open the export faucet of High Calorific Value (HCV) coal used in Japan.

"Mendag Yeo menyampaikan keprihatinan pemerintah (Korea Selatan) atas larangan ekspor batu bara Indonesia dan sangat meminta kerja sama Pemerintah Indonesia agar pengiriman batu bara segera dimulai kembali," tutur kementerian dalam siaran pers seperti dilansir Yonhap, Sabtu (8/1) lalu.

Menjawab Yeo, Lutfi mengungkapkan Indonesia sangat menyadari kekhawatiran Korea Selatan akan ketersediaan batu bara. Oleh karena itu, dia akan berupaya untuk menyelesaikan masalah tersebut dengan lancar.

Kedua menteri tersebut sepakat tentang pentingnya kerja sama dalam jaringan pasokan batu bara di global. Selain itu, kedua negara juga menekankan perlunya upaya bilateral demi menjamin rantai pasokan komoditas yang stabil.

Sebelumnya, Duta Besar Jepang untuk Indonesia Kanasugi Kenji juga mengirimkan surat kepada Menteri Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif untuk mencabut larangan ekspor batu bara.

Kenji mengatakan beberapa pembangkit listrik dan manufaktur Jepang mengandalkan batu bara yang diimpor dari Indonesia.

Larangan ekspor batu bara disebut akan berdampak serius terhadap aktivitas per- ekonomian dan kehidupan sehari-hari masyarakat di Jepang.

"Industri di Jepang secara reguler mengimpor batu bara dari Indonesia untuk pembangkit listrik dan manufaktur (sekitar 2 juta ton per bulan). Oleh karena itu, kami meminta untuk segera mencabut larangan ekspor batu bara ke Jepang," tulis Kenji dalam suratnya, Rabu (5/1) lalu.

Ia menambahkan kebutuhan energi di negeri sakura saat ini sedang tingi-tingginya karena Jepang sedang menghadapi musim dingin.

Kenji pun menawarkan sebuat alternatif lain, yakni dengan tetap membuka keran ekspor batu bara jenis High Calorific Value (HCV) yang digunakan di Jepang.

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"Japan mostly imports High Calorific Value (HCV) coal from Indonesia, which is different from Low Calorific Value (VCL) coal used by PLN plants," he added.

Currently, Kenji admits that at least five coal carriers are still waiting for departure to Japan. He specifically requested that the five ships be given permission to depart as soon as possible.

For information, the Ministry of EMR prohibits domestic coal companies from exporting from January 1 to January 31, 2022.

This is done to meet the domestic demand for coal or domestic market obligation (DMO), especially for power plants owned by PT PLN (Persero). (mrh/bir)

"Jepang kebanyakan mengimpor batu bara jenis High Calorific Value (HCV) dari Indonesia, di mana berbeda dengan batu bara jenis Low Calorific Value (VCL) yang digunakan oleh pembangkit PLN," imbuh dia.

Saat ini, Kenji mengaku setidaknya terdapat lima kapal pengangkut batu bara yang masih menunggu keberangkatan ke Jepang. Ia meminta secara khusus agar kelima kapal tersebut diberikan izin untuk berangkat secepat mungkin.

Sebagai informasi, Kementerian ESDM melarang perusahaan batu bara dalam negeri untuk melakukan ekspor mulai 1 Januari hingga 31 Januari 2022.

Hal ini dilakukan guna memenuhi kebutuhan batu bara dalam negeri atau domestic market obligation (DMO) khususnya untuk pembangkit listrik yang dimiliki PT PLN (Persero). (mrh/bir)

RI turns out to have a mountain of gold like in the Congo, the

amount is very abundant!

Thea Fathanah Arbar, CNBC Indonesia

M

OUNTAIN of gold apparently not only owned by the Democratic Republic of the Congo. Indonesia is also known to be included in the top 10 producers and owners of the world's largest nickel reserves, the result of several 'gold mountains' that exist.

The majority of Indonesia's gold mining products come from the giant Grasberg copper and gold mine in Papua, where the mine is operated by a mining company from the United States (US), Freeport McMoran. This mine is also ranked first as the largest gold mine in the world.

RI Ternyata Punya Gunung Emas kaya Kongo, Jumlahnya

Bejibun!

Thea Fathanah Arbar, CNBC Indonesia

G

UNUNG emas rupanya tidak hanya dimiliki Republik Demokratik Kongo.

Indonesia diketahui juga termasuk ke dalam jajaran 10 besar produsen dan pemilik cadangan nikel terbesar di dunia, hasil dari beberapa 'gunung emas' yang ada.

Mayoritas hasil tambang emas Indonesia berasal dari tambang tembaga dan emas raksasa Grasberg di Papua, di mana tambang ini dioperasikan oleh perusahaan tambang asal Amerika Serikat (AS), Freeport McMoran. Tambang ini juga yang menduduki peringkat pertama sebagai tambang emas terbesar di dunia.

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Meanwhile, Newmont Mining is now owned by Indonesia after being acquired by the mining and energy company Medco.

Newmont Mining in Indonesia has changed its name to Amman Mineral and operates the Batu Hijau copper and gold mine in Sumbawa, an area of West Nusa Tenggara (NTB) Province.

Furthermore, there is PT Aneka Tambang Tbk (ANTM) which has a Precious Metals refinery with a production of around 5 tons of gold per year from its two mines in Indonesia, namely Pongkor, West Java and Cibaliung, Banten. In addition, there is also a gold mine based in Hong Kong G- Resources, which mines the Martabe gold and silver mine in North Sumatra.

In addition to these gold miners, Indonesia still has several other gold mountain miners. This proves that Indonesia is still not inferior in the mining sector to other countries.

Of the many 'mountains of gold', according to the USGS in 2020, Indonesia itself is recorded to produce up to 130 tons of gold.

This abundant gold production even contributes to 4% of total global output.

Not only that, Indonesia is also recorded as having the fifth largest gold reserve in the world with total reserves reaching 2,600 tons in 2020. This is equivalent to almost 5% of the world's gold reserves.

In the form of ore, referring to data from the Ministry of EMR, Indonesia's primary gold reserves as of 2019 reached 1.2 billion tons. For alluvial gold, the ore reserves are even greater, reaching 11.94 billion tons.

Unfortunately, when viewed from the side of international trade, the value of gold exports to total exports and its share of total global gold exports is still relatively small. At least the value of Indonesia's gold exports was recorded at US$ 2.06 billion.

(tfa/tfa)

Adapun Newmont Mining yang kini juga sudah menjadi milik Indonesia setelah diakuisisi oleh perusahaan tambang dan energi Medco. Newmont Mining di Indonesia telah berganti nama menjadi Amman Mineral dan mengoperasikan tambang tembaga dan emas Batu Hijau di Sumbawa, salah satu wilayah Provinsi Nusa Tenggara Barat (NTB).

Selanjutnya, ada PT Aneka Tambang Tbk (ANTM) yang memiliki kilang Logam Mulia dengan produksi sekitar 5 ton emas per tahun dari dua tambangnya di Indonesia, yakni Pongkor, Jawa Barat dan Cibaliung, Banten. Selain itu, ada pula tambang emas yang berbasis di Hong Kong G-Resources, yang menambang tambang emas dan perak Martabe di Sumatera Utara.

Selain penambang-penambang emas tersebut, Indonesia masih memiliki beberapa penambang gunung emas lainnya. Ini membuktikan bahwa Indonesia masih tidak kalah dalam sektor penambangan dengan negara lain.

Dari banyaknya 'gunung emas', menurut USGS pada 2020, Indonesia sendiri tercatat memproduksi emas hingga 130 ton. Produksi emas yang melimpah ini bahkan berkontri- busi terhadap 4% total output global.

Tak hanya itu, RI juga tercatat memiliki cadangan emas terbesar kelima di dunia dengan total cadangan mencapai 2.600 ton pada 2020. Ini setara dengan hampir 5%

cadangan emas dunia.

Dalam bentuk bijih, mengacu pada data Kementerian ESDM, cadangan emas primer Indonesia per 2019 mencapai 1,2 miliar ton.

Untuk emas aluvial cadangan bijihnya lebih besar lagi bahkan mencapai 11,94 miliar ton.

Sayangnya, apabila dilihat dari sisi perdagangan internasional, nilai ekspor emas terhadap total ekspor dan pangsanya terhadap total ekspor emas global masih terbilang kecil. Setidaknya nilai ekspor emas Indonesia tercatat mencapai US$ 2,06 miliar.

(tfa/tfa)

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Indonesia holds talks with industry on coal distribution problems, export ban

Reuters

I

NDONESIA is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that have slowed efforts to distribute coal to domestic power plants, a mining group executive said on Sunday.

The world’s biggest thermal coal exporter suspended coal exports on Jan. 1 after Indonesia’s state power utility reported dangerously low inventory levels of the fuel, putting Southeast Asia’s biggest economy on the brink of widespread power outages.

The move had sent global prices of the fuel up last week with international buyers monitoring closely discussion between Indonesian authorities and the local coal industry. An energy ministry official had pledged to review the ban after Jan. 5

Indonesia’s Coordinating Ministry of Maritime and Investment Affairs met with miners and other related industry again on Sunday, but has not made any decision yet regarding resuming exports, said Hendra Sinadia, executive director of Indonesia Coal Miners Association.

“One of the issues discussed was the limited availability of vessels to transport the coal to power plants,” he said.

Senior minister Luhut Pandjaitan has said that the coal supply emergency at local power plants is over, but the government still needed to continue discuss policies in this area.

The discussion will be resumed on Monday, a spokesman for minister Luhut said on Sunday.

Last week Japan’s embassy in Jakarta asked Indonesia’s energy ministry to exclude high- calorific coal from the export ban as they are not used by local power plants and for permission for five vessels already loaded with coal to depart for Japan.

South Korean Trade Minister Yeo Han-koo on Friday held a video call with his Indonesian counterpart to convey “concerns about Indonesia’s coal export ban and strongly requested the Indonesian government’s cooperation for a prompt resumption of coal shipment”, South Korea’s Yonhap news agency reported.

Japan and South Korea are among the top destinations for Indonesian coal and together with China and India, they accounted for 73% of its exports in 2021, ship tracking data from Kpler showed. (Reporting by Fransiska Nangoy Editing by Raissa Kasolowsky).

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Chinese coal traders shrug off Indonesian coal export ban

By Muyu Xu and Gavin Maguire

C

OAL traders in China, the world's top consumer and importer of the fuel, are shrugging off a ban on coal exports imposed by Indonesia, saying utilities already hold hefty stockpiles with power demand set to weaken for the Lunar New Year holidays.

Coal stocks at key Chinese utilities in coastal regions were about 33 million tonnes as of Jan. 1, 57% more than at the same time in 2021, data from the China Coal Transportation and Distribution Association showed.

Meanwhile, daily coal consumption by China's power plants is currently flat versus last year at 2.2 million to 2.3 million tonnes - and expected to slump in the coming weeks when factories shut for the week-long Chinese New Year celebration and as Beijing orders reduced smokestack activity to ensure clear skies for the Winter Olympic Games.

"If we are not expecting any (extreme) cold (weather) waves, there would be no other factors to drive up coal demand in the near term," said one Jilin-based coal trader who declined to be identified.

Utilities in the region are fully relying on long-term contract supplies from domestic mines, and do not need to purchase from the spot market at the moment, he said.

The calm mood among China's traders at the end of the first week of January contrasts with the alarm that shook global markets after Indonesia, the world's largest thermal coal exporter, announced a shock ban on shipments on Jan. 1 to avert domestic power outages.

China's thermal coal prices jumped more than 6% on the first trading day after the ban was announced, but have retreated since as traders and importers determined it would have negligible impact on China's coal market due to a recent domestic output boom. That came in response to a power crunch in late 2021.

That surge in domestic output not only met demand from utilities through late 2021, but also replenished stockpiles for power generators so they are now less reliant on imports than in 2021, when imports jumped by around 10% from 2020.

In fact, traders said, the combinations of high stocks and weakening demand had been expected to drive coal prices lower - before the Indonesian ban came along to provide price support.

IMPASSE

Since the ban was announced, Indonesian miners have moved to rectify the country's stockpile shortfall by committing millions of tonnes to domestic power producers. National authorities also pledged to review the ban as early as January 5.

But as of Jan. 7 the export impasse remains in place, triggering worsening ship congestion off Indonesia's coal ports and mounting frustration among key importers like major buyer Japan, which made an official request to Jakarta to scrap the ban.

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In top buyer China, however, market participants are more concerned about potential fresh downward pressure on prices once Indonesian coal flows do resume with domestic output still high.

Analysts from Orient Futures forecast China's coal production capacity to reach about 4.58 billion tonnes in 2022, up from 4.33 billion in 2021, including the 230 million tonnes of resumed production capacity approved by Beijing last year to ease the electricity shortage.

"It is almost certain that we would see oversupply and a coal price plunge soon if the domestic output boom continues," said a Beijing-based coal trader. Reporting by Muyu Xu and Gavin Maguire; Editing by Kenneth Maxwell

Value of Chile's copper exports jumps 21.9% in December, 40.6% in 2021

By: Reuters

C

HILE, the world's largest copper producer, saw the value of its exports of the metal soar 21.9% in December and 40.6% in 2021, the central bank said on Friday, bolstered by strong prices.

The value of its copper shipments reached $4.91-billion last month and $53.42-billion in 2021 as a whole.

Copper prices hit record highs last year, supported by expectations for a strong global economic recovery from the Covid-19 pandemic.

However some experts believe that the metal will perform more weakly this year due to an increase in global supply.

Chile also reported a trade surplus of $520-million for December, the central bank said, up 21.7% year-on-year.

The Andean country posted a $10.9-billion surplus in 2021 overall, buoyed by copper exports. Chile had recorded a $18.37-billion deficit in 2020.

Philippines urges Indonesia to lift coal export ban

Indonesia suspended coal exports on January 1 amid shortages at domestic power plants.

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HE PHILIPPINES’ energy secretary Alfonso Cusi has appealed to Indonesia to lift its coal export ban, saying the policy will be detrimental to economies heavily reliant on the fuel for power generation, Manila’s Department of Energy said on Monday.

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