Daily News Update Page 1
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
TABLE OF CONTENTS
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Hot Coal Prices! Adaro Energy (ADRO) Targets 60 Million Tons Harga Batu Bara Hot! Adaro Energy (ADRO) Kejar Target 60 Juta Ton
MIND ID Ready to Annex 11% Shares of Vale Indonesia (INCO) MIND ID Siap Caplok 11% Saham Vale Indonesia (INCO) ANTAM's Financial and Operational Performance is Maintained Solid Throughout the First Six Months of 2022 Kinerja Keuangan dan Operasi ANTAM Terjaga Tetap Solid Sepanjang Periode Enam Bulan Pertama Tahun 2022 United Tractor (UNTR) Hoist Komatsu Sales Target of 5,000 Units by 2022
United Tractor (UNTR) Kerek Target Penjualan Komatsu 5.000 Unit pada 2022
By Using Gas, Investment Cost of Bahadopi Block Swells to US$300 Million
Demi Gunakan Gas, Biaya Investasi Blok Bahadopi Membengkak US$300 Juta
European Economy in Darkness, Coal Prices Fall 4%
Ekonomi Eropa Gelap Gulita, Harga Batu Bara Ambrol 4%
Adaro Responds to DBS Stopping Coal Project Funding
Adaro Respons Soal DBS Setop Pendanaan Proyek Batu Bara Jokowi Wants to Stop Exports, Bauxite Smelter Construction Difficulty in Funding
Jokowi Ingin Setop Ekspor, Pembangunan Smelter Bauksit Kesulitan Pendanaan
IRMA Encourages Responsible Mining Companies
IRMA Dorong Perusahaan Pertambangan yang Bertanggung Jawab
Indonesia president says likely to lose WTO nickel dispute against EU
China’s copper imports continue at record pace on lower prices
Bisnis
Kontan
Trendberita.com
Bisnis
Dunia Energi
CNBC Indonesia
CNN Indonesia
Bisnis
Info Publik
Mining Weekly
Mining.com
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DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
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Coal India aims to reach close to its production target of 306 MT in H1FY23
Ukraine's government bans coal exports
Australian thermal coal exports outlook – Volumes set to fall amid accelerating energy transition
Business Standard
Ukrinform IEEFA
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23 24
Daily News Update Page 3
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Hot Coal Prices! Adaro Energy (ADRO) Targets 60 Million Tons
Author: Mutiara Nabila
T
HE PRICE of coal is still hot at around US$450 per ton on Wednesday (7/9/2022). PT Adaro Energy Indonesia Tbk.
(ADRO) is still running its business according to the guidelines.
Based on data from Bloomberg, global coal prices are still at the level of US$451.25 per ton, down 12.5 points or 2.70 percent from the previous day which had reached US$463 per ton.
ADRO Head of Corporate Communication Fabriati Nadira said the price of coal does follow a cycle and cannot be predicted.
“Although we welcome the favorable conditions, Adaro will remain focused on efficiency and operational excellence.
Furthermore, we must ensure that this business will be able to survive in the midst of various cycles through stable and sustainable business activities," said Nadira to Bisnis, Wednesday (7/9/2022).
Nadira emphasized that ADRO will still run its business according to the 2022 guidelines that have been set, with a coal production target of 58-60 million tons.
"Adaro will continue to follow market developments by continuing to carry out operational activities as planned at the company's mines with a focus on maintaining healthy margins and continuity of supply to customers," she added.
Adaro will also continue to comply with the DMO requirements and still maintain exports in Southeast Asia, China, East Asia, India, New Zealand.
Harga Batubara Hot! Adaro Energy (ADRO) Kejar Target 60 Juta Ton
Author: Mutiara Nabila
H
ARGA batu bara masih panas di kissaran US$450 per ton pada perdagangan Rabu (7/9/2022). PT Adaro Energy Indonesia Tbk.(ADRO) masih tetap menjalankan bisnis sesuai panduan.
Berdasarkan data Bloomberg, harga batu bara global masih di level US451,25 per ton, turun 12,5 poin atau 2,70 persen dari hari sebelumnya sempat mencapai US$463 per ton.
Head of Corporate Communication ADRO Fabriati Nadira mengatakan harga batu bara memang mengikuti siklusnya dan tidak dapat diprediksi.
“Walaupun kami menyambut baik dengan kondisi yang kondusif ini, Adaro akan tetap fokus terhadap efisiensi dan keunggulan operasional. Lebih lanjut, kami harus memastikan bahwa bisnis ini akan dapat bertahan di tengah berbagai siklus melalui aktivitas bisnis yang stabil dan berkelanjutan,”
kata Nadira kepada Bisnis, Rabu (7/9/2022).
Nadira menegaskan, ADRO masih akan menjalankan bisnis sesuai dengan panduan 2022 yang telah ditetapkan, dengan target produksi batu bara sebesar 58-60 juta ton.
“Adaro akan terus mengikuti perkembangan pasar dengan tetap menjalankan kegiatan operasional sesuai rencana di tambang- tambang milik perusahaan dengan fokus untuk mempertahankan marjin yang sehat dan kontinuitas pasokan ke pelanggan,”
imbuhnya.
Adaro juga akan senantiasa mengikuti ketentuan DMO dan masih mempertahankan ekspor di wilayah Asia Tenggara, China, Asia Timur, India, Selandia Baru.
Daily News Update Page 4
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Meanwhile, Mirae Asset Sekuritas analyst Juan Harahap assessed that ADRO would increase the assumption of coal prices to US$230 per ton this year, and US$130 ton in 2023.
"Therefore, we estimate that net income will reach US$2.3 billion and US$1.5 billion in 2022 and 2023, respectively. We maintain our recommendation to buy ADRO with a target price of Rp.4,500 per share," he explained in a research, Monday (5/9/2022).
He continued, ADRO's production volume in the second quarter of 2022 rose 16.9 percent year-on-year (yoy) to 15.9 million tons, so that production in the first half of 2022 rose 5.7 percent on an annual basis to 28 million tons. Editor : Pandu Gumilar
Sementara itu, Analis Mirae Asset Sekuritas Juan Harahap menilai ADRO meningkatkan asumsi harga batu bara menjadi US$230 per ton sepanjang tahun ini, dan US$130 ton pada 2023 mendatang.
“Oleh karena itu, kami memperkirakan laba bersih masing-masing akan mencapai US$2,3 miliar dan US$1,5 miliar pada 2022 dan 2023. Kami mempertahankan reko- mendasi beli ADRO dengan target harga Rp4.500 per saham,” paparnya dalam riset, Senin (5/9/2022).
Dia melanjutkan, volume produksi ADRO pada kuartal II/2022 naik 16,9 persen year-on-year (yoy) menjadi 15,9 juta ton, sehingga produksi semester I/2022 pun naik 5,7 persen secara tahunan sebanyak 28 juta ton. Editor : Pandu Gumilar
MIND ID Ready to Annex 11%
Shares of Vale Indonesia (INCO)
Reporter: Filemon Agung | Editor:
Noverius Laoli
M
INING Industry Indonesia (MIND ID) is ready to acquire 11% stake in PT Vale Indonesia Tbk (INCO).MIND ID's SVP Corporate Secretary Heri Yusuf said that his party was ready to take over 11% of the shares that would be released.
"MIND ID is waiting for further directions from the government regarding the divestment of the 11 percent stake in PTVI (INCO) and the formal process from PTVI to offer the shares in accordance with applicable regulations," said Heri to Kontan, Wednesday (7/9).
MIND ID Siap Caplok 11%
Saham Vale Indonesia (INCO)
Reporter: Filemon Agung | Editor:
Noverius Laoli
M
INING Industry Indonesia (MIND ID) siap untuk mencaplok 11% saham PT Vale Indonesia Tbk (INCO).SVP Corporate Secretary MIND ID Heri Yusuf mengungkapkan, pihaknya siap untuk mengambil alih 11% saham yang bakal dilepas.
"MIND ID menunggu arahan lebih lanjut dari pemerintah terkait divestasi 11%
saham PTVI (INCO) dan proses formal dari PTVI untuk menawarkan saham tersebut sesuai dengan peraturan yang berlaku,"
ungkap Heri kepada Kontan, Rabu (7/9).
Daily News Update Page 5
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Heri continued, in terms of funding for acquisitions, his party already has a funding strategy. Although he did not go into details, Heri ensured that currently the evaluation process was still being carried out regarding funding, including the possibility of issuing bonds.
"Regarding funding, MIND ID already has a funding strategy for every corporate action plan that will be carried out," said Heri.
Just so you know, Vale Indonesia has an obligation to divest 51% of its shares according to the agreement signed in the amendment to the Contract of Work (CoW) in 2014.
In addition, referring to Law Number 3 of 2020 concerning Amendments to Law Number 4 of 2009 concerning Mineral and Coal Mining (Minerba), business entities holding Mining Business Permits (IUP) or IUPKs at the stage of Production Operation activities whose shares are owned by foreigners obliged to divest 51% of shares in stages to the Central Government, Regional Government, SOE, regionally owned enterprises, and/or national private enterprises.
It is noted that 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 detail, MIND ID acquired 14.9% shares of INCO owned by Vale Canada Limited (VCL), and 5.1% shares owned by Sumitomo Metal Mining Co Ltd (SMM).
Meanwhile, about 20.64% of the shares are floating shares that are released on the stock exchange.
Thus, the current shareholder composition of Vale Indonesia consists of Vale Canada Ltd with 43.79%, Sumitomo Metal Mining Co Ltd at 15.03%, MIND ID at 20%, Vale Japan Ltd at 0.54% and the public at 20.64%.
Heri melanjutkan, dari sisi pendanaan untuk akuisisi, pihaknya sudah memiliki strategi pendanaan. Meski tak merinci, Heri memastikan saat ini proses evaluasi masih dilakukan terkait pendanaan termasuk kemungkinan penerbitan obligasi.
"Terkait pendanaan MIND ID telah memiliki strategi pendanaan untuk setiap rencana aksi korporasi yang akan dilakukan," tegas Heri.
Asal tahu saja, Vale Indonesia memiliki kewajiban untuk mendivestasikan 51%
sahamnya sesuai kesepakatan yang ditanda- tangani dalam amandemen Kontrak Karya (KK) pada tahun 2014.
Selain itu, Merujuk 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 Pertambangan (IUP) atau IUPK pada tahap kegiatan Operasi Produksi yang sahamnya dimiliki oleh asing wajib melakukan dives- tasi saham sebesar 51% secara berjenjang kepada Pemerintah Pusat, Pemerintah Daerah, BUMN, badan usaha milik daerah, dan/atau Badan Usaha swasta nasional.
Tercatat, 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.
Rinciannya, MIND ID mengakuisisi 14,9%
saham INCO milik Vale Canada Limited (VCL), dan 5,1% saham milik Sumitomo Metal Mining Co Ltd (SMM).
Adapun, sekitar 20,64% saham merupakan saham floating yang dilepas di bursa.
Dengan demikian, saat ini komposisi peme- gang saham Vale Indonesia terdiri dari Vale Canada Ltd yang mengempit 43,79%, Sumitomo Metal Mining Co Ltd sebesar 15,03%, MIND ID sebesar 20%, Vale Japan Ltd sebesar 0,54% dan publik sebesar 20,64%.
Daily News Update Page 6
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Citing data from the Indonesia Stock Exchange (IDX) via RTI Business, INCO's share price on Wednesday (7/9) afternoon was at the level of Rp 6,125 per share.⧫
Mengutip data Bursa Efek Indonesia (BEI) via RTI Business, harga saham INCO pada Rabu (7/9) siang ada di level Rp 6.125 per saham.⧫
ANTAM's Financial and Operational Performance is Maintained Solid Throughout
the First Six Months of 2022
Muhammad Tahir
P
T ANEKA Tambang Tbk (ANTAM) announced that the company has succeeded in maintaining stable financial performance growth throughout the first six months of 2022 (January - June 2022, 1H22).This is evidenced by the achievement of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of Rp.3.74 trillion, which grew by 50%
when compared to the achievement of EBITDA for the first six months of 2021 (January - June 2021, 1H21) of Rp.2.49 trillion.
In the midst of the challenges of global economic and geopolitical conditions as well as the dynamics of policy conditions for handling the COVID-19 pandemic in the East Asia region during the second quarter of 2022 (April – June 2022, 2Q22) which also caused significant fluctuations in the prices of base metal (nickel) and energy costs (fuel oil and coal) and affect the absorption rate of nickel products in domestic and international markets.
Kinerja Keuangan dan Operasi ANTAM Terjaga Tetap Solid Sepanjang Periode Enam Bulan
Pertama Tahun 2022
Muhammad Tahir
P
T ANEKA Tambang Tbk (ANTAM) mengumumkan bahwa perusahaannya berhasil menjaga stabilitas pertumbuhan kinerja keuangan sepanjang periode enam bulan pertama tahun 2022 (Januari - Juni 2022, 1H22).Dibuktikan dengan capaian Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) sebesar Rp3,74 triliun, yang tumbuh 50% jika dibanding- kan capaian EBITDA periode enam bulan pertama tahun 2021 (Januari - Juni 2021, 1H21) sebesar Rp2,49 triliun.
Di tengah tantangan kondisi perekonomian dan geopolitik global serta dinamika kondisi kebijakan penanganan pandemi COVID-19 di kawasan Asia Timur sepanjang periode triwulan kedua tahun 2022 (April – Juni 2022, 2Q22) yang turut menyebabkan fluktuasi yang signifikan terhadap harga komoditas logam dasar (nikel) dan biaya energi (bahan bakar minyak dan batubara) serta mempeng- aruhi tingkat penyerapan produk nikel di pasar domestik dan internasional.
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DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
In the midst of these conditions, ANTAM focuses on implementing strategic policies in appropriate and efficient cost management, while maintaining a stable production level and efforts to expand the sales market base for basic metal and precious metals products in line with global economic recovery conditions as well as a positive outlook for base metals and commodities. metal by 2022.
"During the 1H22 period, ANTAM recorded sales of Rp. 18.77 trillion, grew 9%
compared to sales in the 1H21 period of Rp. 17.28 trillion," he wrote in the media release of the Antam.com web quoted on September 8, 2022.
In addition, in the midst of challenges from rising costs of energy, raw materials, transportation services and shipping services for mining commodities, in 1H22 ANTAM's gross profit was recorded at Rp4.03 trillion, growing 27% year over year (YoY) compared to 1H21 gross profit of Rp. Rp 3.17 trillion. During the 1H22 period, the Company posted operating profit of Rp1.46 trillion and total other income, net of Rp748.62 billion.
"ANTAM's net profit for the period in 1H22 reached Rp1.53 trillion, grew 32% YoY from profit for the period in 1H21 of Rp1.16 trillion," he explained.
Furthermore, at the end of the 1H22 period, ANTAM was consistently able to maintain a solid financial structure as reflected in the level of cash and cash equivalents of Rp3.23 trillion.
During the 1H22 period, the Company was able to reduce the interest-bearing debt, which consists of short-term bank loans and investment loans, by a total of Rp2.76 trillion.
Di tengah kondisi tersebut, ANTAM berfokus untuk mengimplementasikan kebijakan strategis dalam pengelolaan biaya yang tepat dan efisien, dengan tetap menjaga kesetabilan tingkat produksi dan upaya perluasan basis pasar penjualan produk logam dasar maupun logam mulia sejalan dengan kondisi pemulihan per- ekonomian global serta outlook positif komoditas logam dasar dan logam pada tahun 2022.
"Sepanjang periode 1H22, ANTAM men- catatkan nilai penjualan sebesar Rp18,77 triliun, tumbuh 9% jika dibandingkan penjualan pada periode 1H21 sebesar Rp17,28 triliun," tulisnya dalam media rilis web Antam.com yang dikutip pada 8 September 2022.
Selain itu, di tengah tantangan dari kenaikan biaya energi, bahan baku, jasa pengangkutan serta jasa pengapalan komo- ditas pertambangan, pada 1H22 capaian laba kotor ANTAM tercatat sebesar Rp4,03 triliun, tumbuh 27% year over year (YoY) jika dibandingkan laba kotor 1H21 sebesar Rp3,17 triliun. Sepanjang periode 1H22, Perusahaan membukukan laba usaha sebesar Rp1,46 triliun dan total penghasilan lain-lain, bersih sebesar Rp748,62 miliar.
"Laba bersih periode berjalan ANTAM pada 1H22 mencapai Rp1,53 triliun, tumbuh 32%
YoY dari laba periode berjalan pada 1H21 sebesar Rp1,16 triliun," terangnya
Lebih lanjut, pada akhir periode 1H22, ANTAM secara konsisten mampu menjaga soliditas struktur keuangan yang tercermin dari tingkat kas dan setara kas sebesar Rp3,23 triliun.
Tercatat sepanjang periode 1H22, Perusahaan mampu menurunkan tingkat pinjaman berbunga (interest-bearing debt) yang terdiri dari pinjaman bank jangka pendek dan pinjaman investasi sebesar total Rp2,76 triliun.
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DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
ANTAM's interest-bearing loan rate at the end of the 1H22 period reached Rp4.32 trillion, down 39% from the loan position at the end of the same period in 2021 (1H21) of Rp7.08 trillion.
This solidity of financial position was also appreciated by independent parties as reflected in the increase in S&P Global's Corporate Credit Outlook in 2022 from
“B+/Stable outlook” to “B+/Positive outlook” in July 2022.
In June 2022, in line with the achievement of ANTAM's profitability performance and the implementation of the resolutions of the 2021 General Meeting of Shareholders, the Company distributed dividends to shareholders amounting to Rp930.87 billion or 50% of the 2021 Fiscal Year net profit attributable to owners. the Company's parent entity.
"As part of the commitment to implementing the principles of good corporate governance, the Company ensures that financial management and records are carried out in a prudent, accountable and transparent manner by paying attention to compliance with applicable financial accounting standards,"
he concluded.
Then, according to the explanation, one of the reflections of this is the recording of provisions for legal cases currently facing the Company as well as careful, credible and accountable risk management mitigation.
Provision is an accounting concept in the application of PSAK 57 to measure uncertainty over the final decision of a number of legal cases in the context of preparing financial statements. For the legal cases faced, the Company has a strong legal position and defense.
Tingkat pinjaman ber-bunga ANTAM pada akhir periode 1H22 mencapai Rp4,32 triliun, turun 39% dari posisi pinjaman pada akhir periode yang sama di tahun 2021 (1H21) sebesar Rp7,08 triliun.
Soliditas posisi keuangan ini juga di- apresiasi oleh pihak independen yang tercermin dari kenaikan Corporate Credit Outlook S&P Global tahun 2022 dari
“B+/outlook Stabil” menjadi “B+/outlook Positif” pada bulan Juli 2022.
Di bulan Juni 2022, sejalan dengan pencapaian kinerja profitabilitas ANTAM dan implementasi hasil keputusan Rapat Umum Pemegang Saham Tahun Buku 2021, Perusahaan melaksanakan pem- bagian dividen kepada para pemegang saham sebesar Rp930,87 miliar atau 50%
dari laba bersih Tahun Buku 2021 yang dapat diatribusikan kepada pemilik entitas induk Perseroan.
"Sebagai bagian dari komitmen penerapan prinsip tata kelola perusahaan yang baik, Perusahaan memastikan pengelolaan dan pencatatan keuangan dilaksanakan secara prudent, akuntabel, dan transparan dengan memperhatikan pemenuhan terhadap kaidah-kaidah standar akuntansi keuangan yang berlaku," pungkasnya.
Kemudian, menurut paparan tersebut, salah satu cerminan atas hal ini adalah pencatatan provisi atas kasus hukum yang tengah dihadapi Perusahaan serta mitigasi manajemen risikio yang cermat, kredibel, dan dapat dipertanggungjawabkan.
Provisi merupakan konsep akuntansi dalam penerapan PSAK 57 untuk meng- ukur ketidakpastian atas putusan akhir dari sejumlah kasus hukum dalam konteks penyusunan laporan keuangan. Atas kasus hukum yang dihadapi, Perusahaan me- miliki posisi dan pembelaan hukum yang kuat.
Daily News Update Page 9
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
"The company will continue to carry out further legal efforts thoroughly in accordance with the provisions of the legislation. The company is always committed to always creating business practices in accordance with Good Corporate Governance in every line of the Company's business," he concluded. Source: Antam.com
"Perusahaan akan terus melakukan upaya hukum lanjutan secara menyeluruh sesuai dengan ketentuan peraturan perundang- undangan. Perusahaan selalu berkomitmen untuk senantiasa menciptakan praktik bisnis sesuai dengan Good Corporate Governance dalam setiap lini bisnis Perusahaan," tutupnya. Sumber: Antam.com
United Tractor (UNTR) Hoist Komatsu Sales Target of 5,000
Units by 2022
Author: Rahmad Fauzan & Dewi F.
Soemanagara
A
STRA Group heavy equipment issuer, PT United Tractors Tbk. (UNTR) targets sales of Komatsu brand heavy equipment to reach 5,000 units by 2022.PT United Tractors Tbk. (UNTR) added to the estimated number of heavy equipment sales following the increase in coal prices.
Global coal prices on Tuesday (6/9/2022) hit a record high in history to the range of US$463 per tonne on the ICE Newcastle exchange.
UNTR Corporate Secretary Sara Loebis said United Tractors made adjustments related to the company's estimated sales of heavy equipment this year from 4,800 units to 5,000 units.
"Our [initial] projection for heavy equip- ment sales this year [2022] is 4,800 units.
Then we adjust it to 5,000 units," he said to Bisnis, Wednesday (7/9/2022).
Previously, UNTR targeted sales of 3,700 units of heavy equipment in 2022, which was later increased to 4,800 units.
United Tractor (UNTR) Kerek Target Penjualan Komatsu
5.000 Unit pada 2022
Author: Rahmad Fauzan & Dewi F.
Soemanagara
E
MITEN alat berat Grup Astra, PT United Tractors Tbk. (UNTR) menargetkan pen- jualan alat berat merek Komatsu mencapai 5.000 unit pada 2022.PT United Tractors Tbk. (UNTR) me- nambah estimasi jumlah penjualan alat berat menyusul kenaikan harga batu bara.
Harga batu bara global pada perdagangan Selasa (6/9/2022) menembus rekor ter- tinggi dalam sejarah ke kisaran US$463 per ton di bursa ICE Newcastle.
Sekretaris Korporasi UNTR Sara Loebis mengatakan United Tractors melakukan penyesuaian kembali terkait dengan estimasi penjualan alat berat perusahaan tahun ini dari 4.800 unit menjadi 5.000 unit.
"Proyeksi [awal] kami untuk penjualan alat berat di tahun ini [2022] 4.800 unit.
Kemudian kami adjust menjadi 5.000 unit,"
ungkapnya kepada Bisnis, Rabu (7/9/- 2022).
Sebelumnya, UNTR menargetkan penjual- an alat berat 3.700 unit pada 2022, yang kemudian dinaikkan menjadi 4.800 unit.
Daily News Update Page 10
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
He added that the UNTR stock code company will continue to adjust the estimated sales of heavy equipment in accordance with Komatsu's supply capability as a supplier.
So far, he continued, the company is confirmed to be able to supply heavy equipment in line with changes in market demand. With an estimated sales of 5,000 units, UNTR is able to supply around 25 percent of this year's market needs.
Citing UNTR operational update data, Friday (26/8/2022), Komatsu heavy equipment sales volume for the first 7 months of this year rose to 3,399 units, from 1,564 units in the same period last year.
The largest contributor to sales came from the mining sector with 62 percent or around 2,107 units. Next, the construction sector contributed the second highest sales of 18 percent, with 611 units.
Meanwhile, the forestry and agribusiness sectors contributed 11 percent and 9 percent, respectively, or reached a total of 678 units.
In July 2022, Komatsu's sales volume was recorded at 526 units with a market share of 28 percent year-to-date (ytd). Editor : Hafiyyan
Dia menambahkan, perusahaan berkode saham UNTR tersebut masih akan terus menyesuaikan estimasi penjualan alat berat sesuai dengan kesanggupan pasokan dari Komatsu sebagai pemasok.
Sejauh ini, sambungnya, perusahaan di- pastikan menyanggupi pemasokan alat berat seiring dengan perubahan permintaan pasar. Dengan estimasi penjualan 5.000 unit, maka UNTR mampu memasok sekitar 25 persen kebutuhan pasar tahun ini.
Mengutip data update operasional UNTR, Jumat (26/8/2022), volume penjualan alat berat Komatsu selama 7 bulan pertama tahun ini naik menjadi 3.399 unit, dari 1.564 unit pada periode yang sama tahun lalu.
Penyumbang porsi terbesar penjualan berasal dari sektor pertambangan sebesar 62 persen atau sekitar 2.107 unit. Berikut- nya, sektor konstruksi menyumbang pen- jualan tertinggi kedua sebesar 18 persen, yakni sebanyak 611 unit.
Sementara itu, sektor kehutanan dan agribisnis berkontribusi masing-masing 11 persen dan 9 persen, atau mencapai total 678 unit.
Pada Juli 2022, volume penjualan Komatsu tercatat sebanyak 526 unit dengan market share 28 persen year-to-date (ytd). Editor : Hafiyyan
By Using Gas, Investment Cost of Bahadopi Block Swells to
US$300 Million
Rio Indrawan
P
T VALE Indonesia Tbk (INCO) confirmed that it will use natural gas or Liquefied Natural Gas (LNG) which will support the operational activities of mining and nickel processing in the Bahadopi block.Demi Gunakan Gas, Biaya Investasi Blok Bahadopi Membengkak US$300 Juta
Rio Indrawan
P
T VALE Indonesia Tbk (INCO) menegaskan akan menggunakan gas alam atau Liquefied Natural Gas (LNG) yang akan menunjang operasional kegiatan penambangan serta pengolahan nikel di blok Bahadopi.Daily News Update Page 11
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Management itself is ready to bear the swelling costs of the decision.
Febriany Eddy, President Director and CEO of Vale Indonesia, said that the use of natural gas in the development of the Bahadopi block is an important milestone to change the image of the national mining world. Vale said he wanted to show his commitment that mining activities could also implement low-emission and sustainable activities.
"One proof of this sustainability is seen from our energy and Xinhai (partners) agreed to use low carbon emissions and this will be driven by natural gas power,"
said Febriany in Jakarta (6/9).
In fact, according to him, Vale and its partners are willing to invest more funds to realize the use of LNG in the Bahadopi block. "The estimated capex cost of US$2.1 billion for the construction of the factory includes an additional cost of US$300 million plus LNG," she said.
The Bahadopi Block is planned to be able to produce nickel with a maximum capacity of 80 thousand tons per year. For that the need for gas is also not small.
Meanwhile Bernardus Irmanto, Finance Director of Vale Indonesia, explained that based on a study, the gas demand is estimated at 22 million MMBTU per year.
"That's what we are working on together with the government, the Director General of Oil and Gas and SKK Migas to appoint several companies for further discussion,"
said Bernardus. (RI)
Manajemen sendiri siap menanggung membengkaknya biaya dari keputusan tersebut.
Febriany Eddy, Direktur Utama dan CEO Vale Indonesia menuturkan penggunaan gas alam dalam pengembangan blok Bahadopi jadi milestone penting untuk mengubah citra dunia tambang nasional.
Vale kata dia mau menunjukkan komitmen bahwa kegiatan tambang juga bisa menerapkan kegiatan yang rendah emisi dan berkelanjutan.
“Salah satu bukti keberlanjutan ini dilihat dari energi kami dan Xinhai (mitra) sepakat untuk menggunakan emisi rendah karbon dan ini akan digerakkan dengan tenaga gas alam,” kata Febriany di Jakarta (6/9).
Bahkan menurut dia, Vale dan para mitra rela menggelontorkan dana investasi lebih untuk merealisasikan penggunaan LNG di blok Bahadopi. “Estimasi biaya capex senilai US$2,1 miliar untuk pembangunan pabrik termasuk didalamnya ada tambahan biaya US$300 juta plus LNG,”
ungkap dia.
Blok Bahadopi nantinya direncanakan bisa memproduksi nikel dengan maksimal kapasitas mencapai 80 ribu ton per tahun.
Untuk itu kebutuhan gasnya juga tidak sedikit.
Sementara itu Bernardus Irmanto, Direktur Keuangan Vale Indonesia, men- jelaskan berdasarkan kajian yang ada kebutuhan gasnya diperkirakan mencapai 22 juta MMBTU per tahun.
“Itu yang sedang kita kerjakan bersama- sama dengan pemerintah, Dirjen migas dan SKK Migas menunjuk beberapa perusahaan untuk diskusi lanjut,” ungkap Bernardus.
(RI)
Daily News Update Page 12
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
European Economy in Darkness, Coal Prices Fall 4%
Maesaroh, CNBC Indonesia
C
OAL prices continue to slop. In trading on Wednesday (7/9/2022), the price of October contract stone on the Newcastle ICE market closed at US$ 434.7 per ton.The price fell 3.67% compared to the previous day.
The sloping price of coal yesterday extended the negative trend of coal after the price also fell on Tuesday. The price of black sand had a record high in history on Monday (5/9/2022) to penetrate US $ 463.75 per ton.
In a week, coal prices still jumped 4.6%
point-to-point. In a month, coal prices flew 20.6% while in a year it shot up 148.4%.
The re-sloping coal price was mainly triggered by increasing fears of a recession in Europe after the Blue Continent was hit by the energy crisis. A recession will cause economic activity to decline which will result in reduced demand for coal.
The Eurozone Manufacturing PMI eased to 49.6 in August from 49.8 in July. This means that the European zone PMI has been out of the expansion zone for two consecutive months.
European Commission for the Economy Paolo Gentilon in his closing speech at the 2022 Bruegel Annual Meetings, Wednes- day (7/9/2022), said 2022 will be a tough year for Europe.
"We may be heading into the most challenging winter for generations. All the alerts are showing...
Ekonomi Eropa Gelap Gulita, Harga Batu Bara Ambrol 4%
Maesaroh, CNBC Indonesia
H
ARGA batu bara terus melandai. Pada perdagangan Rabu (7/9/2022), harga batu kontrak Oktober di pasar ICE Newcastle ditutup di US$ 434,7 per ton. Harganya ambrol 3,67% dibandingkan hari sebelum- nya.Melandainya harga batu bara kemarin mem- perpanjang tren negatif batu bara setelah harganya juga jatuh pada Selasa. Harga pasir hitam sempat mencetak rekor tertinggi dalam sejarah pada Senin (5/9/2022) hingga menembus US$ 463,75 per ton.
Dalam sepekan, harga batu bara masih melonjak 4,6% secara point to point. Dalam sebulan, harga batu bara terbang 20,6%
sementara dalam setahun melesat 148,4%.
Kembali melandainya harga batu bara ter- utama dipicu oleh meningkatnya kekhawatir- an akan resesi di Eropa setelah Benua Biru diterpa krisis energi. Resesi akan membuat aktivitas ekonomi menurun yang berimbas pada berkurangnya permintaan batu bara.
PMI Manufacturing zona Euro melandai menjadi 49,6 pada Agustus dari 49,8 Juli.
Artinya, PMI zona Eropa sudah keluar dari zona ekspansif selama dua bulan beruntun.
Komisi Eropa untuk Ekonomi Paolo Gentilon dalam closing speech pada Bruegel Annual Meetings 2022, Rabu (7/9/2022), mengata- kan 2022 menjadi tahun yang berat bagi Eropa.
"Kita mungkin akan menuju musim dingin paling menantang selama beberapa generasi. Semua alert menunjukkan...
Daily News Update Page 13
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
All the alerts are showing the red color starting from energy prices to inflation, economic sentiment is also heading in the wrong direction," Gentilon said, quoted from the European Commission's website.
Gentilon added that the economic slowdown in China and the United States as well as tight monetary policies also increased the gloomy mood in the global economy.
"Uncertainty is still very high and the risk of a recession is increasing. The economic outlook will depend largely on energy market conditions," he added.
As is known, Europe is struggling with an energy crisis after Russia decided to cut gas supplies to Europe until Europe lifted its economic sanctions.
The energy crisis, sloping PMI, high inflation, and tightening monetary policy are expected to make the European economy worse.
The sluggish European economy is reflected in the sluggishness of their financial markets. The Stoxx 600 closed down 0.57% in yesterday's trading to 412.01. The FTSE stock also fell 0.86% to 12,915.97. The pound sterling even touched its lowest level since 1985.
"Right now the most basic thing that is worrying the market is the surge in energy prices in Europe, declining demand in Europe, and the increase in benchmark interest rates," said Phil Flynn, analyst at Price Futures Group, quoted by Reuters.
However, amid Europe's sluggishness there is good news. Gas filling in storage has now reached 80 percent, faster than the target set for October.
They are also optimistic that their gas storage will be filled 90% according to the target in November.
Semua alert menunjukkan warna merah mulai dari harga energi inflasi, sentimen ekonomi juga menuju arah yang salah,"
tutur Gentilon, dilansir dari website Komisi Eropa.
Gentilon menambahkan perlambatan eko- nomi di China dan Amerika Serikat serta kebijakan moneter ketat juga semakin meningkatkan suasana suram pereko- nomian global.
"Ketidakpastian masih sangat tinggi dan risiko resesi meningkat. Outook ekonomi akan sangat tergantung pada kondisi pasar energi," imbuhnya.
Seperti diketahui, Eropa tengah berkutat dengan krisis energi setelah Rusia me- mutuskan akan memangkas pasokan gas ke Eropa sampai Eropa mencabut sanksi ekonominya.
Krisis energi, PMI yang melandai, inflasi tinggi, dan pengetatan kebijakan moneter diperkirakan akan membuat ekonomi Eropa memburuk.
Lesunya ekonomi Eropa tercermin dari loyonya pasar keuangan mereka. Bursa Stoxx 600 ditutup melemah 0,57% pada perdagangan kemarin ke posisi 412,01.
Bursa FTSE juga ambruk 0,86% ke 12.915,97. Mata uang poundsterling bahkan menyentuh level terendahnya sejak 1985.
"Sekarang ini hal paling mendasar yang men- jadi kekhawatiran pasar adalah lonjakan harga energi di Eropa, menurunnya per- mintaan di Eropa, serta kenaikan suku bunga acuan," tutur Phil Flynn, analis dari Price Futures Group, dikutip dari Reuters.
Namun, di tengah kelesuan Eropa ada kabar baik. Pengisian gas di storage kini sudah mencapai 80%, lebih cepat dibandingkan target yang ditetapkan yakni Oktober.
Mereka juga optimis bahwa storage gas mereka akan terisi 90% sesuai target pada November mendatang.
Daily News Update Page 14
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Germany as the country most affected by the energy crisis is also increasingly optimistic that winter energy supplies will be met. Gas storage in Germany has reached 85% of capacity.
The more filled European gas storage is also what helped reduce the price of coal. If gas filling goes according to plan, coal demand will be slightly loose.
"We are in a situation that can be said to be able to get through the winter. Even though there are so many tensions, we have prepared well," said German Chancellor Olaf Scholz when responding to criticism from his political opponents at the Parliament Building, Wednesday (7/9/2022), quoted from Reuters. CNBC INDONESIA RESEARCH TEAM (mae/mae)
Jerman sebagai negara yang paling terimbas dari krisis energi juga semakin optimis jika pasokan energi musim dingin akan terpenuhi. Storage gas di Jerman sudah mencapai 85% dari kapasitas.
Semakin terisinya storage gas Eropa ini pula yang ikut menurunkan harga batu bara. Bila pengisian gas berjalan sesuai rencana, permintaan batu bara akan sedikit longgar.
"Kita dalam situasi yang bisa dikatakan mampu melewati musim dingin. Meskipun ada begitu banyak ketegangan, kita sudah mempersiapkan dengan baik," tutur kanselir Jerman Olaf Scholz saat menjawab kritikan lawan politiknya di Gedung parlemen, Rabu (7/9/2022), dikutip dari Reuters. TIM RISET CNBC INDONESIA (mae/mae)
Adaro Responds to DBS Stopping Coal Project Funding
P
T ADARO Energy Tbk (ADRO) has opened its voice regarding DBS, the Singapore-based bank that has stopped channeling funding to coal companies.Adaro's Head of Corporate Communi- cations Febriati Nadira respects DBS's decision. However, he said that currently DBS is not too concerned about the decision because the company does not need financing in the near future.
"Well noted on their decision. Currently, Adaro Indonesia does not have immediate financing needs," said Febriati to CNNIndonesia.com, Thursday (8/9).
According to him, if Adaro ever needs financing, it will use the available funds either from debt or equity.
Adaro Respons Soal DBS Setop Pendanaan Proyek Batu Bara
P
T ADARO Energy Tbk (ADRO) buka suara perihal DBS, bank markas Singapura yang berhenti menyalurkan pendanaan kepada perusahaan batu bara.Kepala Komunikasi Perusahaan Adaro Febriati Nadira menghormati keputusan DBS. Namun, ia menyebutkan saat ini tidak terlalu memusingkan putusan DBS karena perusahaan sedang tidak memerlukan kebutuhan pembiayaan dalam waktu dekat.
"Well noted on their decision. Saat ini, Adaro Indonesia tidak memiliki kebutuhan pembiayaan segera," ujar Febriati kepada CNNIndonesia.com, Kamis (8/9).
Menurutnya, jikapun suatu saat Adaro membutuhkan pembiayaan, pihaknya akan memanfaatkan dana yang tersedia baik dari utang atau ekuitas.
Daily News Update Page 15
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
"When the need arises, we will explore and evaluate available funding options from either the debt or equity markets," said Febriati.
Previously, DBS left Adaro's funding due to climate change issues. DBS's decision follows Standard Chartered's decision to stop funding the company.
A DBS spokesman said it had no intention of renewing funding if the company was still dominated by thermal coal.
"Our exposure to Adaro's subsidiaries involved in the thermal coal sector will decrease significantly by the end of 2022.
We have no intention of renewing funding if the business entity is still dominated by thermal coal," said a DBS spokesperson in an official statement.
DBS is committed to reducing coal exposure to zero by 2039. According to DBS, coal is an industry that will disappear in the future (sunset). This is what drives investors to leave coal companies.
(mrh/bir)
"Ketika kebutuhan muncul, kami akan meng- eksplorasi dan mengevaluasi opsi pendanaan yang tersedia baik dari pasar utang atau ekuitas," kata Febriati.
Sebelumnya, DBS hengkang dari pendanaan Adaro buntut masalah perubahan iklim.
Keputusan DBS menyusul langkah Standard Chartered yang sudah lebih dulu menghentikan pendanaan ke perusahaan tersebut.
Juru bicara DBS menyatakan pihaknya tidak berniat untuk memperbarui pendanaan jika perusahaan tersebut masih didominasi batu bara termal.
"Eksposur kami di anak perusahaan Adaro yang terlibat di sektor batu bara termal akan berkurang secara signifikan pada akhir 2022.
Kami tidak ada niat untuk memperbarui pendanaan jika entitas bisnis tersebut masih didominasi batu bara termal," tutur juru bicara DBS dalam keterangan resmi.
DBS berkomitmen untuk mengurangi eksposur batu bara hingga nol pada 2039.
Menurut DBS, batu bara merupakan industri yang akan hilang di masa depan (sunset). Hal itu yang mendorong investor meninggalkan perusahaan batu bara. (mrh/bir)
Jokowi Wants to Stop Exports, Bauxite Smelter Construction
Difficulty in Funding
Author: Nyoman Ary Wahyudi
A
NUMBER of business players engaged in bauxite mining and processing are concerned about the slow pace of accelerating the construction of metal mineral refining and processing plants (smelters). This concern is because...Jokowi Ingin Setop Ekspor, Pembangunan Smelter Bauksit
Kesulitan Pendanaan
Author: Nyoman Ary Wahyudi
S
EJUMLAH pelaku usaha yang bergerak di bidang penambangan dan pengolahan bauksit mengkhawatirkan lambatnya upaya percepatan pembangunan pabrik pemurnian dan pengolahan mineral logam (smelter). Kekhawatirn ini karena...Daily News Update Page 16
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
This concern is because President Joko Widodo (Jokowi) has announced the government's plan to start closing the export door for clean or washed bauxite (WBx) in the middle of next year.
Deputy Finance and Accounting Department Head of PT Well Harvest Winning Alumina Refinery Hidayat Sugiarto said the slow progress of the bauxite smelter was due to funding constraints on the issue of sustainability of the power plant being used.
As is known, most lending institutions have withdrawn from providing credit for projects that rely on coal power plants.
In addition, Hidayat added, some overseas business partners are also limited to building fossil energy-based projects. As a consequence, a number of smelters that had been initiated recently have actually failed to work on the target.
"There is no development [of smelter construction], which means that there is no operation to build a factory such as an alumina refinery. This requires large investment, advanced technology and also a large enough investment," Hidayat said when contacted, Wednesday (7/9/2022).
Based on data from the Ministry of Investment as of June 2022, there are only three smelters operating with a total bauxite ore input capacity of 36.9 million tons. The three smelters are owned by PT Indonesia Chemical Alumina with an output capacity of 300,000 chemical grade alumina (CGA), PT Well Harvest Winning with an output capacity of 1 million smelter grade alumina (SGA) and PT Inalum with an output capacity of 250,000 aluminum ingots and billets.
The Ministry of Investment noted that there are 11 bauxite smelters with SGA output which are still in the construction stage and 1 bauxite processing and refining plant under construction with CGA output.
Kekhawatirn ini karena Presiden Joko Widodo (Jokowi) sudah mengumumkan rencana pemerintah untuk mulai menutup pintu ekspor bauksit bersih atau washed bauxite (WBx) pertengahan tahun depan.
Deputy Finance and Accounting Department Head PT Well Harvest Winning Alumina Refinery Hidayat Sugiarto mengatakan lambannya pengerjaan smelter bauksit itu disebabkan karena pendanaan yang ter- kendala isu keberlanjutan pembangkit yang digunakan. Seperti diketahui, sebagian besar lembaga pinjaman sudah menarik diri untuk memberikan kredit untuk proyek yang bertumpu pada pembangkit listrik batu bara.
Selain itu, Hidayat menambahkan, sebagian mitra bisnis di luar negeri juga dibatasi untuk membangun proyek berbasis energi fosil tersebut. Konsekuensinya, sejumlah smelter yang sempat diinisiasi belakangan justru mangkrak dari target pengerjaan.
“Tidak ada perkembangan [pembangunan smelter] artinya tidak ada pengoperasian untuk membuat pabrik seperti refinery alumina ini butuh investasi besar, teknologi canggih dan juga investasi yang cukup besar,” kata Hidayat saat dihubungi, Rabu (7/9/2022).
Berdasarkan data milik Kementerian Investasi per Juni 2022, baru terdapat tiga smelter yang beroperasi dengan kapasitas input bijih bauksit secara keseluruhan 36,9 juta ton. Ketiga smelter itu di antaranya milik PT Indonesia Chemical Alumina dengan kapasitas output 300.000 chemical grade alumina (CGA), PT Well Harvest Winning dengan kapasitas output 1 juta smelter grade alumina (SGA) dan PT Inalum dengan kapasitas output 250.000 aluminium ingot dan billet.
Kementerian Investasi mencatat terdapat 11 smelter bauksit dengan keluaran SGA yang masih tahap pengerjaan dan 1 pabrik pengolahan dan pemurnian bauksit dalam tahap konstruksi dengan keluaran CGA.
Daily News Update Page 17
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
There is 1 smelter in the planning stage owned by PT Inalum which is targeted to produce Aluminum Ingots and Billets.
"There are 3.2 billion tons of bauxite reserves in Indonesia, only Well Harvest and Chemical Alumina plants that absorb 10 million tons per year, so we divide 3.2 billion by 10 million, it can only be absorbed in the next 320," he said. .
The Ministry of Energy and Mineral Resources (MEMR) reported that the domestic production of bauxite ore was 26.3 million tons, which was then exported to reach 22.8 million tons and for domestic purposes only 1.74 million tons.
Meanwhile, domestic alumina production is only at 1.17 million tons. Of that amount, 0.99 million tons were exported and the rest was diverted to domestic downstream industries.
As previously reported, the Ministry of Energy and Mineral Resources (MEMR) is accelerating efforts to stop exports of clean or washed bauxite (WBx) which is targeted to be effective in June 2023.
Director General of Mineral and Coal (Dirjen Minerba) of the Ministry of EMR, Ridwan Djamaluddin, said his ministry has recently encouraged the development of processing and refining plants or smelters from holders of clean bauxite mining business permits (IUP) with grades above 42 percent until June 10, 2023.
"It's clear that the regulation is permitted until June 2023, but it is related to the progress of their smelter construction, what is prohibited is washed bauxite,"
Ridwan said when met at the Indonesian Parliament Building, Jakarta, Tuesday (22/6/2022).
Adapun 1 smelter dalam tahap peren- canaan milik PT Inalum yang ditargetkan memproduksi Aluminium Ingot dan Billet.
“Cadangan bauksit di Indonesia itu ada 3,2 miliar ton, pabrik yang ada sekarang hanya Well Harvest dan Chemical Alumina serapan per tahun hanya 10 juta ton jadi 3,2 miliar kita bagi dengan 10 juta itu baru bisa terserap 320 mendatang,” kata dia.
Kementerian Energi dan Sumber Daya Mineral (ESDM) melaporkan produksi bijih bauksit di dalam negeri sebesar 26,3 juta ton yang kemudian diekspor mencapai 22,8 juta ton dan untuk keperluan domestik hanya 1,74 juta ton.
Adapun, produksi alumina domestik baru di angka 1,17 juta ton. Dari jumlah itu, 0,99 juta ton diekspor dan sisanya dialihkan untuk industri hilir dalam negeri.
Seperti diberitakan sebelumnya, Kemen- terian Energi dan Sumber Daya Mineral (ESDM) tengah mempercepat upaya penghentian ekspor bauksit bersih atau washed bauxite (WBx) yang ditargetkan efektif pada Juni 2023.
Direktur Jenderal Mineral dan Batu Bara (Dirjen Minerba) Kementerian ESDM Ridwan Djamaluddin mengatakan kementeriannya belakangan mendorong pengembangan pembangunan pabrik pengolahan dan pemurnian atau smelter dari pemegang izin usaha pertambangan (IUP) bauksit bersih dengan kadar di atas 42 persen paling lama sampai 10 Juni 2023.
“Bauksit kan sudah jelas regulasinya diizinkan sampai Juni 2023, tapi dikaitkan dengan kemajuan pembangunan smelter mereka, yang dilarang itu washed bauxite,”
kata Ridwan saat ditemui di Gedung DPR RI, Jakarta, Selasa (22/6/2022).
Daily News Update Page 18
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
In addition, Ridwan added, aluminum products from bauxite processing will still be able to be exported even though the ban on clean bauxite exports will take effect in the middle of next year.
"If aluminum has been processed, it can still be exported," he said. Editor : Anggara Pernando
Selain itu, Ridwan menambahkan, produk aluminium hasil pengolahan bauksit masih akan tetap dapat diekspor kendati larangan ekspor bauksit bersih berlaku efektif pada pertengahan tahun depan.
“Kalau aluminium yang sudah diolah, iya masih bisa diekspor,” tuturnya. Editor : Anggara Pernando
IRMA Encourages Responsible Mining Companies
Author : Yudi Rahmat, Editor : Untung S
I
NITIATIVE for Responsible Mining Assurance (IRMA) standards to encourage responsible mining companies.This was stated by the Deputy for Investment and Mining Coordination of the Coordinating Ministry of Maritime Affairs and Investment (Kemenko Marves), Septian Hario Seto, during an industry discussion forum entitled 'Introducing IRMA to Indonesian Mining Companies' which took place in Jakarta, Tuesday (6/9/2022).
In addition, Hario continued, he encouraged companies to contribute in promoting the sustainability aspect of the mining sector.
“The Coordinating Ministry for Marves is currently conducting a gap analysis between existing regulations and the IRMA standard. We want to ensure the right instrument to strengthen the imple- mentation of ESG from the production phase to the commercial phase for various commodities, including coal, tin, and nickel," said Hario in a written statement received by InfoPublik.id.
IRMA Dorong Perusahaan Pertambangan yang Bertanggung Jawab
Penulis : Yudi Rahmat, Redaktur : Untung S
S
TANDAR Initiative for Responsible Mining Assurance (IRMA) untuk men- dorong perusahaan pertambangan yang bertanggung Jawab.Hal itu diungkapkan Deputi Bidang Koordinasi Investasi dan Pertambangan Kementerian Koordinator Kemaritiman dan Investasi (Kemenko Marves), Septian Hario Seto, dalam acara forum diskusi industri bertajuk ‘Memperkenalkan IRMA kepada Perusahaan Pertambangan Indonesia’ yang bertempat di Jakarta, Selasa (6/9/2022).
Selain itu, lanjut Hario mendorong perusahaan untuk turut berkontribusi dalam mengedepankan aspek keberlan- jutan (sustainability) sektor pertambangan.
“Kemenko Marves sedang melakukan gap analysis antara regulasi yang ada dan standar IRMA. Kami ingin memastikan instrument yang tepat untuk memperkuat implementasi ESG dari fase produksi hingga fase komersial untuk berbagai komoditas, termasuk batu bara, timah, dan nikel,” ujar Hario melalui keterangan tertulis yang diterima InfoPublik.id.
Daily News Update Page 19
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Hario also said that the government needs to encourage companies to contribute to the sustainability of mining, both from the upstream, middle and downstream sides.
"Public and private partnerships are absolutely necessary if we are to achieve the goal of national contribution and sustainable mining practices," said Deputy Seto.
Meanwhile, the Expert Staff of the Ministry of EMR, Irwandi Arif, appealed to all mining players to continue to be careful in mining so that the environment is maintained.
He also said that mining activities must be carried out effectively and efficiently without harming environmental condi- tions, especially now that investors are increasingly considering the elements of the Sustainable Development Goals in evaluating investment potential.
All speech givers agreed that environ- mental sustainability is an aspect that needs to be considered in carrying out mining activities. The environment is not only the responsibility of the government, but also other parties, including mining business actors, such as Eramet Indonesia.
They are committed to assisting the Indonesian government in achieving its sustainable goals.
Eramet Indonesia's director, Bruno Faour, acknowledged and wanted to continue to be a part of Indonesia's journey. With this forum, we hope to be able to be the beginning of a responsible mining explo- ration journey.
In the same forum, Eramet Indonesia also shared perspectives from its current work to prepare for audits of its global operations against IRMA standards, including nickel mining operations in Weda Bay, North Maluku.
Hario juga mengatakan bahwa pemerintah perlu mendorong perusahaan untuk turut berkontribusi dalam keberlanjutan penam- bangan, baik dari sisi hulu, tengah, maupun hilir.
“Kemitraan publik dan swasta mutlak di perlukan jika kita ingin mencapai tujuan kontribusi nasional dan praktik pertam- bangan yang berkelanjutan,” ujar Deputi Seto.
Sementara itu, Staf Ahli Kementrian ESDM, Irwandi Arif, mengimbau semua pelaku pertambangan untuk terus berhati–hati dalam melakukan pertambangan agar ling- kungan tetap terjaga.
Ia juga menyampaikan bahwasannya kegiatan pertambangan harus dilakukan secara efektif dan efisien dengan tidak merugikan kondisi lingkungan, terlebih kini para investor semakin mempertim- bangkan elemen Sustainable Development Goals dalam evaluasi potensi investasi.
Seluruh pemberi sambutan pun sepakat bahwa kelestarian lingkungan menjadi aspek yang perlu menjadi perhatian dalam me- lakukan aktivitas pertambangan. Lingkungan bukan hanya menjadi tanggung jawab peme- rintah, tetapi juga pihak lainnya, termasuk oleh pelaku usaha pertambangan, seperti Eramet Indonesia. Mereka berkomitmen dalam membantu pemerintah Indonesia dalam mencapai tujuan berkelanjutan.
Direktur Eramet Indonesia, Bruno Faour mengakui dan ingin terus menjadi bagian dari perjalanan Indonesia. Dengan adanya forum ini, kami berharap mampu menjadi awal perjalanan eksplorasi pertambangan yang bertanggung jawab.
Dalam forum yang sama, Eramet Indonesia juga berbagi perspektif dari pekerjaanya saat ini untuk mempersiapkan audit operasi globalnya terhadap standar IRMA, termasuk operasi tambang nikel di Weda Bay, Maluku Utara.
Daily News Update Page 20
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
As IRMA Senior Advisor Kristie Disney Bruckner explains, IRMA offers independent third-party verification and certification assessments of mining standards covering all comprehensive standards that test all non-energy mining materials.
So far, IRMA has collaborated with more than 50 members, including mining companies, purchasing companies, non- governmental organizations (NGOs), investors, and the financial sector.
This activity is in line with Indonesia's vision to strengthen the principles of the Social Environment and Governance or ESG in Indonesian mining operations.
For information, the Coordinating Ministry for Maritime Affairs and Investment also invited several stakeholders throughout the mining value chain. Also attending were the Ministry of Environment and Forestry (KLHK), the Ministry of Investment (BKPM), and the Ministry of EMR as well as various mining companies, mineral processing companies, chemical companies, as well as industrial associa- tions and NGOs.
The high interest in this event shows Indonesia's commitment to shifting to a more sustainable mining industry. This forum is expected to be the first step for concrete activities in advancing the mining sector that prioritizes ESG in Indonesia.
Source and Photo: Communication Bureau of the Coordinating Ministry for Maritime Affairs and Investment
Seperti yang dijelaskan oleh Penasihat Senior IRMA, Kristie Disney Bruckner, IRMA menawarkan verifikasi pihak ketiga yang independen dan penilaian sertifikasi terhadap standar pertambangan yang mencakup semua standar konprehensif yang menguji seluruh bahan tambang nonenergi.
Sejauh ini, IRMA telah menjalin kolaborasi dengan lebih dari 50 anggota, termasuk perusahaan pertambangan, perusahaan pembelian, lembaga swadaya masyarakat (LSM), investor, dan sektor keuangan.
Kegiatan ini sesuai dengan visi Indonesia untuk memperkuat prinsip-prinsip Ling- kungan (Environment) Sosial (Social) dan Tata Kelola (Governance) atau ESG dalam operasi pertambangan Indonesia.
Sebagai informasi, Kemenko Marves juga mengundang beberapa pemangku kepen- tingan di seluruh rantai nilai pertam- bangan. Turut hadir adalah Kementerian Lingkungan Hidup dan Kehutanan (KLHK), Kementerian Investasi (BKPM), dan Kementerian ESDM serta berbagai per- usahaan pertambangan, perusahaan pengolahan mineral, perusahaan kimia, serta asosiasi industri dan LSM.
Tingginya minat terhadap acara ini me- nunjukkan komitmen Indonesia untuk beralih kepada industri pertambangan yang lebih berkelanjutan. Forum ini diharapkan menjadi langkah awal untuk kegiatan konkret dalam memajukan sektor pertambangan yang mengedepankan ESG di Indonesia.
Sumber dan Foto: Biro Komunikasi Kemenko Bidang Kemaritiman dan Investasi
Daily News Update Page 21
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Indonesia president says likely to lose WTO nickel dispute against EU
By: Reuters
I
NDONESIA will likely lose in its trade dispute against the European Union (EU) over the Southeast Asian country's 2020 ban on exports of nickel ore, President Joko Widodo said on Wednesday.But regardless of the World Trade Organisation's (WTO) decision in the dispute, Indonesia will move ahead with plans to impose similar bans on exports of other raw commodities, the president told an economists' forum in Jakarta.
Indonesia was the world's biggest exporter of nickel before it banned ore exports two years ago in favour of attracting foreign investors to develop nickel smelters and downstream industries onshore, with China being a significant source of investment.
As the 2020 ban loomed, the EU launched a WTO complaint, saying the restrictions unfairly limited its stainless steel producers' access to nickel in particular, and other commodities.
"It looks like we will lose at the WTO, but it's fine, the industry is already built," said Jokowi, as the president is known.
The ban has boosted Indonesia's export revenues, Jokowi said, noting the country's nickel ore shipments were worth around $1-billion seven years ago, compared with $20.9-billion worth of exports of nickel-based products in 2021.
The WTO formed a panel overseeing the EU and Indonesia's dispute in April, 2021 and is expected to issue its final report in the last quarter of 2022, according to the Geneva-based body's website. The panel typically judges whether a complainant's claims are well-founded and if so, recommends changes.
The European Commission, the EU's executive arm, did not immediately respond to an emailed request for comment.
Jokowi reiterated Indonesia will stop exporting raw copper, bauxite and tin to encourage foreign investment and help the country jump up the value chain in resource processing. He did not provide a time frame for the adoption of such a policy.
"If we're consistent (with export policy), I'm sure that in 2030 our gross domestic product will reach above $3-trillion," he said.
Indonesia's GDP stood at $1.19-trillion in 2021.⧫
Daily News Update Page 22
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
China’s copper imports continue at record pace on lower prices
Reuters
C
HINA imported 26% more copper in August than a year earlier, customs data on Wednesday showed, as lowered prices and stocks amid power rationing enhanced the appetite for foreign supply.Unwrought copper and copper product imports into China – including anode, refined, alloy and semi-finished copper products – totalled 498,188.60 tonnes in August. That compared with the year-earlier volume of 394,017.10 tonnes, a two-year low.
The annual increase was attributed to cheaper prices in July and August that sparked buying interests among producers.
Three-month copper prices on the London Metal Exchange closed at $7,801.50 a tonne on the last trading day of August, up 8.5% from a 20-month low hit on July 15 but still down 19.7%
from the beginning of this year.
“Lower copper prices in July and August sparked buying activities. Also, the open arbitrage between Shanghai and London led to more cargos inflow,” said He Tianyu, a copper analyst at CRU Group.
Moreover, tightening availability in the domestic market also sparked Chinese imports.
Shanghai Futures Exchange copper warehouse stocks dropped to a seven-month low of 31,205 tonnes on Aug. 19.
This came after production fell short of expectations because some parts of China, including Anhui and Zhejiang provinces, rationed electricity to industrial users amid a heatwave.
Copper producers were affected.
August’s copper imports were up 7.4% from the previous month’s 463,693.8 tonnes.
Despite supply interruptions, the market was under downward pressure throughout August.
Demand was tepid amid troubles in China’s property sector and the hawkishness of the US Federal Reserve.
Imports of unwrought copper and copper products in the first eight months totalled 3.90 million tonnes, up 8.1% from the same period last year.
The country exported 540,448.9 tonnes of unwrought aluminum and aluminum products, including primary, alloy and semi-finished aluminum products, in August, up 10.2% from 490,285.80 tonnes the same month last year.
(By Siyi Liu and Dominique Patton; Editing by Jacqueline Wong and Shri Navaratnam)
Daily News Update Page 23
DAILY NEWS UPDATE THURSDAY, SEP 08, 2022
Coal India aims to reach close to its production target of 306 MT in H1FY23
S
TATE-owned CIL on Wednesday said it will reach close to its production target of 306 million tonnes (MT) in the first half of FY23, provided its mining areas are not extremely affected by heavy rains this month.Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output.
"At the current pace of production...the company is hopeful of reaching close to the apportioned H1 target of 306 MT," CIL said.
Of the total production target of 700 MT for FY23, the output split is around 44 per cent in the first half and 56 per cent in the second half, the company said in a statement.
Coal India's production increased by 44.6 million tonnes in just five months and four days of the ongoing fiscal (as of September 4).
CIL's progressive production touched 259.6 MT as on 4 September, compared to 215 MT during the same period date last year, the statement said.
The public sector unit began to chase the production output with growth rate of 12.4 per cent which, on the back of a strong output performance, fell to 8 per cent at present.
CIL usually produces higher volume of coal during the second half of the financial year than in the first half.⧫
Ukraine's government bans coal exports
T
HE CABINET of Ministers has completely banned Ukrainian coal exports.According to Ukrinform, Taras Melnychuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, reported this on the messaging app Telegram.
"Amendments have been made to the volumes of quotas on goods, the export of which is subject to licensing, approved by Cabinet of Ministers resolution No. 1424 of December 12, 2021, in terms of a complete ban on the export of Ukrainian coal," he wrote.
It is noteworthy that earlier, coking coal was not subject to the ban on the export of energy resources, introduced in June.
As was reported earlier, Ukraine's Ministry of Energy set up an operational headquarters to monitor the passage of the 2022/2023 heating season.⧫
