TABLE OF CONTENTS. No. Title Media Source Page

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Daily News Update Page 1

TATE revenues in the mining sector in the first semester of 2021 reached Rp 27.59 trillion, an increase of 59.66% compared to the first semester of 2020 which only reached Rp 17.28 trillion. This data was obtained from Minerba One Data Indonesia (MODI) of the Ministry of Energy and Mineral Resources (ESDM) quoted by CNBC Indonesia, Wednesday (04/08/2021).

State revenues in the first semester of 2021 in detail in January amounted to Rp. 4.72 trillion, then in February it fell to Rp. 3.57 trillion, then in March it rose to Rp. 4.66 trillion.

Furthermore, in April it fell again to Rp 4.17 trillion, in May it rose to Rp 4.74 trillion, and in June it jumped to Rp 5.73 trillion.

Director of Minerba Revenue of the Ministry of Energy and Mineral Resources (ESDM) Muhammad Wafid said the increase in state revenues in the first semester of 2021 was due to improving commodity prices in the mining sector. "This is due to improving commodity prices," he told CNBC Indonesia, Wednes-day (04/08/2021).

When asked about the projected state revenue from the mining sector until the end of the year, he could not say yet. However, he ensured that this year's state revenue from the mining sector would be achieved.

Harga Batubara Cs Meroket,

Setoran ke Negara Melonjak 60%

P

ENERIMAAN negara di sektor pertam-bangan pada semester I 2021 mencapai Rp 27,59 triliun, melonjak sebesar 59,66% dibandingkan semester I 2020 yang hanya mencapai Rp 17,28 triliun.

Data ini diperoleh dari Minerba One Data Indonesia (MODI) Kementerian Energi dan Sumber Daya Mineral (ESDM) yang dikutip CNBC Indonesia, Rabu (04/08/2021). Penerimaan negara semester I 2021 secara rinci pada Januari sebesar Rp 4,72 triliun, lalu pada Februari turun menjadi Rp 3,57 triliun, lalu Maret naik menjadi Rp 4,66 triliun.

Selanjutnya, pada April kembali turun menjadi Rp 4,17 triliun, Mei naik menjadi Rp 4,74 triliun, dan Juni melonjak menjadi Rp 5,73 triliun.

Direktur Penerimaan Minerba Kemen-terian Energi dan Sumber Daya Mineral (ESDM) Muhammad Wafid mengatakan, kenaikan penerimaan negara di semester I 2021 dikarenakan membaiknya harga komoditas di sektor pertambangan.

"Ini karena membaiknya harga komoditas," ungkapnya kepada CNBC Indonesia, Rabu (04/08/2021).

Saat ditanya mengenai proyeksi pene-rimaan negara sektor tambang sampai akhir tahun, dia belum bisa mengatakan-nya. Namun dia memastikan jika pene-rimaan negara sektor tambang tahun ini akan tercapai.

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"At least the 2021 target is projected to be achieved," he said when asked how much the projection was until the end of the year.

The target of non-tax state revenue (PNBP) from the mineral and coal mining sector in 2021 is IDR 39.10 trillion, this means that the achievement in the first semester of 2021 has reached 70.6% of this year's target.

As is known, the mining sector is currently experiencing a breath of fresh air because commodity prices are experiencing a positive trend. For example, coal prices have shown an increasing trend since the beginning of the year, especially since April 2021. From a price of around US$ 50 per ton at the beginning of the year, in April it continued to soar above US$ 90 per ton. The Reference Coal Price (HBA) in August 2021 alone has now jumped to US$ 130.99 per ton from US$ 115.35 per ton in July 2021. This August 2021 HBA is the highest figure in more than a decade.

Not only coal which experienced price increases, other mining commodities also experienced the same thing, such as nickel and copper. This price increase in the mining sector is called a super cycle, where prices soar high and are expected to last for a long time.

The soaring mining prices include coal, gold, nickel and copper. Deputy for Investment and Mining at the Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves) Septian Hario Seto said that the price increase had a positive impact on Indonesia.

He said that many potential investors expressed their interest in investing in the downstream mining sector in this country.

"Setidaknya proyeksinya target 2021 tercapai," ujarnya saat ditanya berapa proyeksi sampai akhir tahun.

Adapun target penerimaan negara bukan pajak (PNBP) dari sektor pertambangan minerba pada 2021 ini sebesar Rp 39,10 triliun, Ini artinya capaian pada semester I 2021 ini telah mencapai 70,6% dari target tahun ini.

Seperti diketahui, sektor pertambangan saat ini sedang mengalami angin segar karena harga komoditas yang tengah mengalami tren positif. Batu bara misal-nya, harga batu bara sejak awal tahun memang menunjukkan tren peningkatan, terutama sejak April 2021. Dari harga sekitar US$ 50 per ton di awal tahun, pada April terus melonjak di atas US$ 90 per ton.

Harga Batubara Acuan (HBA) Agustus 2021 saja kini telah melonjak ke angka US$ 130,99 per ton dari US$ 115,35 per ton pada Juli 2021. HBA Agustus 2021 ini merupakan angka tertinggi lebih dari 1 dekade terakhir.

Tidak hanya batu bara yang mengalami kenaikan harga, komoditas tambang lain juga mengalami hal serupa, seperti nikel dan tembaga. Kenaikan harga di sektor tambang ini disebut dengan super siklus, di mana harga-harganya melambung tinggi dan diperkirakan bertahan dalam waktu lama.

Harga tambang yang melonjak di antara-nya batu bara, emas, nikel, hingga tembaga. Deputi Investasi dan Pertambangan Kementerian Koordinator Bidang Kema-ritiman dan Investasi (Kemenko Marves) Septian Hario Seto sempat mengatakan, kenaikan harga berdampak positif ter-hadap Indonesia.

Dia menyebut, banyak calon investor yang menyampaikan minatnya untuk berinves-tasi di sektor hilir tambang di negara ini.

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"We see how many now express interest in entering the downstream sector," he told CNBC Indonesia, Thursday (20/05/2021). Mining Sector State Revenue Details Quoting MODI, in detail the state revenues in the mining sector in the first semester of 2021 are as follows:

January:

Fixed Contribution Rp 0.29 trillion Royalty Rp 2.37 trillion

Sales of Mining Products Rp 2.06 trillion February:

Sales of Mining Products Rp 1.48 trillion March:

Sales of Mining Products Rp 1.94 trillion April:

Sales of Mining Products Rp 1.56 trillion May:

Sales of Mining Products 1.68 trillion Other Income Rp 0.5 trillion

June:

Sales of Mining Products Rp 2.34 trillion Total Semester I 2021: Rp 27.59 trillion Target: Rp 39.10 trillion

Realization : 70.56%

State revenues in the mining sector in the first semester of 2020 consist of:

January:

Sales of Mining Products Rp 1.2 trillion

"Kita lihat banyak kok sekarang yang menyata-kan minat untuk masuk ke sektor hilir," ungkap-nya pada CNBC Indonesia, Kamis (20/05/2021).

Rincian Penerimaan Negara Sektor Tambang

Mengutip MODI, secara rinci penerimaan negara di sektor tambang semester I 2021 sebagai berikut:

Januari:

Iuran Tetap Rp 0,29 triliun Royalti Rp 2,37 triliun

Penjualan Hasil Tambang Rp 2,06 triliun Februari:

Penjualan Hasil Tambang Rp Rp 1,48 triliun Maret:

Penjualan Hasil Tambang Rp 1,94 triliun April:

Penjualan Hasil Tambang Rp 1,56 triliun Mei:

Penjualan Hasil Tambang 1,68 triliun Pendapatan Lain-lain Rp 0,5 triliun Juni:

Penjualan Hasil Tambang Rp 2,34 triliun Total Semester I 2021 : Rp 27,59 triliun Target : Rp 39,10 triliun

Realisasi : 70,56%

Penerimaan negara di sektor tambang semes-ter I 2020 semes-terdiri dari:

Januari:

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February:

Sales of Mining Products Rp 1.22 trillion March:

Sales of Mining Products Rp 1.23 trillion April:

Sales of Mining Products Rp 1.45 trillion May:

Royalty Rp 1.37 trillion

Sales of Mining Products Rp 0.9 trillion June:

Fixed contribution of Rp 0.01 trillion Royalty Rp 1.59 trillion

Mine Sales Rp 1.12 trillion

Total Semester I 2020 Rp 17.28 trillion Target Rp 31.41 trillion

Realization : 55.01%. (wia)

Februari:

Penjualan Hasil Tambang Rp 1,22 triliun Maret:

Penjualan Hasil Tambang Rp 1,23 triliun April:

Penjualan Hasil Tamnbang Rp 1,45 triliun Mei:

Royalti Rp 1,37 triliun

Penjualan Hasil Tambang Rp 0,9 triliun Juni:

Iuran tetap Rp 0,01 triliun Royalti Rp 1,59 triliun

Penjualan Tambang Rp 1,12 triliun Total Semester I 2020 Rp 17,28 triliun Target Rp 31,41 triliun

Realisasi : 55,01%. (wia)

Indika Energy hoists coal

production target to 37.3

million tons in 2021

Reporter: Muhammad Julian | Editor: Anna Suci Perwitasari

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LOBAL coal prices which have continued to strengthen since the end of 2020 have made a number of coal hoist companies produce. This was also done by PT Indika Energy Tbk (INDY).

Previously, INDY targeted a production target of 31.4 million tons of coal on a consolidated basis. Now Indika Energy is pursuing a coal production target of 37.3 million tons for this year.

Indika Energy kerek target

produksi batubara jadi 37,3

juta ton di 2021

Reporter: Muhammad Julian | Editor: Anna Suci Perwitasari

H

ARGA batubara global yang terus menguat sejak akhir tahun 2020 membuat sejumlah perusahaan batubara kerek produksi. Hal itu juga dilakukan PT Indika Energy Tbk (INDY).

Sebelumnya, INDY membidik target produksi sebanyak 31,4 juta ton batubara secara konsolidasi. Kini Indika Energy mengejar target produksi batubara sebesar 37,3 juta ton untuk tahun ini.

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Indika Energy's Head of Corporate Communication Ricky Fernando said this was done after obtaining government approval regarding the revision of the Work Plan and Budget (RKAB).

"(The production target) is divided into 35.7 million tons by Kideco, and 1.6 million tons by MUTU (PT Multi Tambangjaya Utama)," Ricky said when contacted by Kontan.co.id, after the Indika Energy Media Gathering event, Wednesday ( 4/8).

During January-June 2021, INDY has recorded consolidated production of around 19.8 million tons of coal or equivalent to 53.08% of the consolidated production target after the revised RKAB. In this realization, PT Kideco Jaya Agung (Kideco) contributed 18.2 million tons of coal production, an increase of 7.7% compared to Kideco's production realization in the same period last year which amounted to 16.9 million tons. Meanwhile, MUTU recorded production of the remaining 0.9 million tons of coal during January-June 2021, growing 28.57% compared to the realization of MUTU's production in the same period last year which was 0.7 million tons.

In terms of sales, Kideco recorded an 8.5% increase in coal sales volume year-on-year (yoy) from 16.6 million tons to 18.1 million tons in the first semester of 2021.

Of this volume, Kideco marketed 6.4 million tons or 35% of them for the domestic market, which was higher than the Domestic Market Obligation (DMO) of coal which was 25%. Meanwhile, the volume of coal sales for the export market reached 11.7 million tons with destination countries of China, India and other Southeast Asian countries.

Head of Corporate Communication Indika Energy Ricky Fernando mengatakan, hal itu dilakukan setelah mendapatkan persetujuan pemerintah terkait revisi Rencana Kerja dan Anggaran Belanja (RKAB).

“(Target produksi) terbagi atas 35,7 juta ton oleh Kideco, dan 1,6 juta ton oleh MUTU (PT Multi Tambangjaya Utama),” kata Ricky saat dihubungi Kontan.co.id, usai acara Media Gathering Indika Energy, Rabu (4/8).

Pada sepanjang Januari-Juni 2021 lalu, INDY telah mencatatkan produksi konsolidasi sekitar 19,8 juta ton batubara atau setara dengan 53,08% dari target produksi konsolidasi pasca revisi RKAB. Dalam realisasi tersebut, PT Kideco Jaya Agung (Kideco) menyumbang produksi 18,2 juta ton batubara atau naik 7,7% dibanding realisasi produksi Kideco periode sama tahun lalu yang sebesar 16,9 juta ton.

Sementara itu, MUTU mencatatkan produksi 0,9 juta ton batubara sisanya di sepanjang Januari-Juni 2021, tumbuh 28,57% dibanding realisasi produksi MUTU periode sama tahun lalu yang sebesar 0,7 juta ton.

Dari sisi penjualan, Kideco mencatatkan kenaikan volume penjualan batubara sebesar 8,5% secara tahunan atau year-on-year (yoy) dari 16,6 juta ton menjadi 18,1 juta ton pada semester I 2021.

Dari volume tersebut, Kideco memasarkan 6,4 juta ton atau 35% diantaranya untuk pasar domestik, lebih besar dibanding Domestic Market Obligation (DMO) batu-bara yang sebesar 25%. Sementara itu volume penjualan batubara untuk pasar ekspor mencapai 11,7 juta ton dengan negara tujuan China, India, dan negara-negara Asia Tenggara lainnya.

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In addition to recording an increase in sales volume, Kideo also recorded an increase in the average selling price of coal by 21.9% yoy from US$ 39.8 to US$ 48.6 per ton in the first semester of 2021. Similar to Kideco, MUTU also recorded an increase in coal sales volume from 0.6 million tons to 0.9 million tons in 2008 as well as an increase in the average selling price of coal by 30.4 percent from US$ 63.1 to US$ 82, 3 per tonne in the first half of the year.

On a consolidated basis, Kideco contri-buted 62.5% of INDY's total revenue during the first half. Meanwhile, MUTU contributed 5.1% of total consolidated revenue. The rest of INDY's other income comes from Petrosea Mining, Petrosea E&C, Tripatra, Interport, PT Mitrabahtera Segara Sejati Tbk (MBSS), and others. Meanwhile, the total consolidated revenue recorded by INDY during the first half of this year reached US$ 1.28 billion, an increase of 14.07 percent compared to the realization of revenue in the first half of last year which was US$ 1.12 billion. From the revenue results, INDY pocketed profit for the current period attributable to owners of the parent entity or net profit of US$ 12 million in the first semester of 2021, reversing from INDY's bottom line position in the first semester of 2020 which recorded a net loss of US$ 21.91 million.

"Revenue in the first semester of 2021 will increase sharply due to the increase in coal prices," said Director of INDY, Retina Rosabai at the Indika Energy Media Gathering event, Wednesday (4/8).

Selain mencatatkan kenaikan volume penjualan, Kideo juga mencatat kenaikan harga jual rata-rata batubara sebesar 21,9% yoy dari US$ 39,8 menjadi US$ 48,6 per ton pada semester I 2021.

Setali tiga uang dengan Kideco, MUTU juga mencatatkan kenaikan volume penjualan batubara dari 0,6 juta ton menjadi 0,9 juta ton pada serta kenaikan harga jual rata-rata batubara sebesar 30,4% dari US$ 63,1 menjadi US$ 82,3 per ton pada paruh pertama tahun ini.

Secara konsolidasi, Kideco menyumbang 62,5% total pendapatan INDY di sepanjang paruh pertama ini. Sementara itu, MUTU tercatat berkontribusi 5,1% dalam total pendapatan konsolidasi. Sisa pendapatan INDY lainnya berasal dari Petrosea Mining, Petrosea E&C, Tripatra, Interport, PT Mitrabahtera Segara Sejati Tbk (MBSS), dan lain-lain.

Adapun total pendapatan konsolidasi yang dibukukan oleh INDY sepanjang semester pertama tahun ini mencapai sebesar US$ 1,28 miliar, naik 14,07% dibanding reali-sasi pendapatan semester pertama tahun lalu yang sebesar US$ 1,12 miliar.

Dari hasil pendapatan itu, INDY mengan-tongi laba periode berjalan yang dapat diatribusikan kepada pemilik entitas induk alias laba bersih sebesar US$ 12 juta di semester I 2021, berbalik dari posisi bottom line INDY di semester I 2020 ter-catat rugi bersih US$ 21,91 juta.

“Revenue semester I 2021 meningkat tajam karena kenaikan pada coal prices,” ujar Direktur INDY, Retina Rosabai dalam acara Media Gathering Indika Energy, Rabu (4/8).

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Coal Producers Optimistic Price

and Demand Still Bright

Author: Denis Riantiza Meilanova

T

HE INDONESIAN Coal Mining Association (APBI) is optimistic that the price and demand for coal in the next 2 decades is still quite prospective, even in the midst of pressure related to the issue of energy transition that is getting stronger globally.

APBI Executive Director Hendra Sinadia said the increase in the reference coal price (HBA) to the level of US$130.99 per ton in August 2021 proves that coal prices are still strengthening and demand for coal is still high.

"Coal is still in high demand in Asia Pacific. In the short term, the impact has yet to be seen because countries in Asia Pacific are still building steam power plants," Hendra said to Bisnis, Wednesday (4/8/2021). According to him, demand from China as the country's largest export destination for Indonesian coal is also still prospective. Until now, said Hendra, China is still building tens of gigawatts of new PLTU which is estimated to still operate for the next 25 years.

Although China is committed to reducing the use of coal in the long term, APBI is optimistic that Indonesian coal will still be in demand by China for at least the next two decades.

"This is because the quality of our coal is suitable for them and the average price of our coal is cheaper than their domestic price. Even though China has the potential to reduce long-term coal, they still need coal from Indonesia. finished," he said.

Produsen Batubara Optimistis

Harga dan Permintaan Masih Cerah

Author: Denis Riantiza Meilanova

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SOSIASI Pertambangan Batubara Indonesia (APBI) optimistis harga dan permintaan batu bara dalam 2 dekade ke depan masih cukup prospektif, meski di tengah tekanan terkait isu transisi energi yang makin menguat secara global.

Direktur Eksekutif APBI Hendra Sinadia mengatakan naiknya harga batu bara acuan (HBA) hingga level US$130,99 per ton pada Agustus 2021 membuktikan harga batu bara masih mengalami penguatan dan permintaan batu bara masih tinggi.

"Batu bara masih tinggi demand-nya di Asia Pasifik. Untuk jangka pendek belum terlihat dampaknya karena negara-negara di Asia Pasifik masih bangun terus PLTU," ujar Hendra kepada Bisnis, Rabu (4/8/2021). Menurutnya, permintaan dari China sebagai negara tujuan ekspor terbesar batu bara Indonesia juga masih prospektif. Hingga saat ini, kata Hendra, China masih mem-bangun puluhan gigawatt PLTU baru yang diperkirakan masih akan beroperasi hingga 25 tahun ke depan.

Meski secara jangka panjang China ber-komitmen untuk menurunkan penggunaan batu bara, APBI optimistis batu bara Indonesia masih diminati China paling tidak untuk dua dekade ke depan.

"Ini karena kualitas batu bara kita cocok untuk mereka dan rata-rata harga batu bara kita lebih murah dibandingkan harga domestik mereka. Meski China nanti ber-potensi kurangi batu bara jangka panjang, tapi mereka masih butuh batu bara dari Indonesia. Memang turun, tapi bukan berarti habis," katanya.

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On the other hand, Hendra also did not deny that the push for the phase out of PLTU and reduced global funding for the coal industry would be a challenge in the future. It is feared that the lack of capital for the coal industry will affect coal demand in the future.

However, as the cheapest coal energy source in the world, he is optimistic that coal will still have a market in the next few years.

"Coal capital is decreasing day by day. That is indeed a challenge and we have seen it, it's not something new 5-10 years ago it has decreased. But looking at the current outlook for PLTUs in several countries, both those that are, have been, and will be built, we see that in the next 1-2 decades, it feels like demand is still quite strong," said Hendra. Editor : Amanda Kusumawardhani

Di sisi lain, Hendra juga tak menampik bahwa dorongan phase out PLTU dan berkurangnya pendanaan global untuk industri batu bara menjadi tantangan ke depan. Semakin sedikitnya permodalan untuk industri batu bara dikhawatirkan akan mempengaruhi permintaan batu bara ke depan.

Namun, sebagai sumber energi batu bara termurah di dunia, dia optimistis batu bara masih memiliki pasar dalam beberapa tahun ke depan.

"Permodalan batu bara makin hari makin berkurang. Itu memang tantangan dan kami sudah lihat, bukan hal yang baru 5-10 tahun lalu sudah berkurang. Tapi melihat outlook saat ini PLTU di beberapa negara, baik yang sedang, telah, dan akan dibangun, kami melihat dalam 1-2 dekade ke depan rasanya permintaan masih cukup kuat," kata Hendra.

Editor : Amanda Kusumawardhani

Arutmin Coal Production Drops

8% to 11 Million Tons H1 2021

C

OAL production of PT Arutmin Indonesia, a subsidiary of PT Bumi Resources Tbk (BUMI), fell 8% to 10-11 million tons in the first half of 2021 compared to the same period last year. This was conveyed by the General Manager and External Affairs of PT Arutmin Indonesia, Ezra Sibarani.

"Coal production is around 10-11 million tons, for H1 2021 production compared to H1 2020, it's down by around 8%," he told CNBC Indonesia, Wednesday (04/08/ 2021).

Produksi Batubara Arutmin Turun

8% ke 11 Juta Ton H1 2021

P

RODUKSI batu bara PT Arutmin Indonesia, anak usaha PT Bumi Resources Tbk (BUMI), turun 8% menjadi 10-11 juta ton pada semester I 2021 dibandingkan periode yang sama tahun lalu.

Hal tersebut disampaikan oleh General Manager dan External Affairs PT Arutmin Indonesia Ezra Sibarani.

"Produksi batu bara sekitar 10-11 juta ton, untuk produksi H1 2021 dibandingkan H1 2020 justru turun sekitar 8%," ungkapnya kepada CNBC Indonesia, Rabu (04/08/ 2021).

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He said the decline in coal production in the first semester was due to the rain and flooding that occurred in the company's mining area in Kalimantan in the first quarter of 2021.

However, it will boost production in the second semester of this. "This is because the first quarter of 2021 yesterday we were affected by rain and flooding. So, we will pursue production in H2 2021," he said.

He further said that this year's coal production is targeted to increase by 20-25 percent compared to last year.

He himself once said that Arutmin's coal production target this year is between 25-27 million tons.

"We plan to increase our production in 2021 by 20-25%," he said.

Although coal production in the first semester of 2021 declined, according to him, from a financial performance perspective, it was much better due to the increase in coal prices.

"Financial performance this year is much better due to the increase in the selling value of coal, which is much better than last year," he said.

As is known, the Ministry of ESDM has officially raised the coal production target in 2021 by 75 million tons to 625 million tons from the initial target of 550 million tons.

The increase in the production target was due to the soaring price of coal.

The price of coal since the beginning of the year has indeed shown an increasing trend, especially since April 2021. From a price of around US$ 50 per ton at the beginning of the year, in April it continued to soar above US$ 90 per ton.

Dia mengatakan, penurunan produksi batu bara pada semester I ini dikarenakan ter-dampak hujan dan banjir yang terjadi di daerah tambang perusahaan di Kalimantan pada kuartal I 2021 lalu.

Namun demikian, pihaknya akan meng-genjot produksi pada semester II ini.

"Hal ini dikarenakan kuartal I 2021 kemarin kita terdampak hujan dan banjir. Jadi, kami akan mengejar produksi di H2 2021," tuturnya.

Lebih lanjut dia mengatakan, produksi batu bara tahun ini ditargetkan akan mengalami kenaikan 20-25% dibanding-kan tahun lalu.

Dia sendiri pernah menyampaikan target produksi batu bara Arutmin pada tahun ini berkisar antara 25-27 juta ton.

"Produksi kita di tahun 2021 kita rencanakan meningkat sekitar 20-25%," ujarnya.

Meski produksi batu bara pada semester I 2021 ini menurun, namun menurutnya dari sisi kinerja keuangan jauh lebih baik karena peningkatan harga batu bara.

"Kinerja keuangan tahun ini meningkat jauh lebih baik karena peningkatan nilai jual batu bara yang jauh lebih baik dibanding tahun kemarin," ujarnya.

Seperti diketahui, Kementerian ESDM resmi menaikkan target produksi batu bara pada 2021 ini sebesar 75 juta ton menjadi 625 juta ton dari target awal 550 juta ton.

Peningkatan target produksi ini tak lain karena dipicu melonjaknya harga batu bara.

Harga batu bara sejak awal tahun memang menunjukkan tren peningkatan, terutama sejak April 2021. Dari harga sekitar US$ 50 per ton di awal tahun, pada April terus melonjak di atas US$ 90 per ton.

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In trading yesterday, Tuesday (03/08/ 2021), the price of coal on the ICE Newcastle (Australia) market was recorded to have penetrated US$ 146.4 per ton.

The Indonesian Reference Coal Price (HBA) in August 2021 rose to US$ 130.99 per ton from US$ 115.35 per ton in July 2021. This August HBA was the highest in more than a decade. (wia)

Pada perdagangan kemarin, Selasa (03/08/2021) harga batu bara di pasar ICE Newcastle (Australia) tercatat telah me-nembus US$ 146,4 per ton.

Adapun Harga Batu Bara Acuan (HBA) RI pada Agustus 2021 ini melesat ke angka US$ 130,99 per ton dari US$ 115,35 per ton pada Juli 2021. HBA Agustus ini tertinggi lebih dari 1 dekade terakhir ini.

(wia)

Focus on 4 pillars, this is how

United Tractors runs its CSR

program

Reporter: Vina Elvira | Editor: Tendi Mahadi

M

ANAGEMENT explained that PT United Tractors Tbk (UNTR) runs a corporate social responsibility (CSR) program through four main pillars.

The first pillar that becomes the reference is the education pillar, which is run through the United Tractors (SOBAT) Fostered School program. The coaching carried out also varies, ranging from increasing the capacity of teachers, improving the curriculum, providing practical tools, to competitions.

"SOBAT is the development of vocational schools around United Tractores (UT) operating areas throughout Indonesia, especially vocational high schools majoring in heavy equipment engineering," said UNTR Corporate Secretary Sara K. Loebis when contacted by Kontan.co.id, Wednes-day (4/8).

Fokus pada 4 pilar, begini cara

United Tractors jalankan

program CSR

Reporter: Vina Elvira | Editor: Tendi Mahadi

M

ANAJEMEN memaparkan, PT United Tractors Tbk (UNTR) menjalankan program tanggung jawab sosial atau corporate social responsibility (CSR) melalui empat pilar utama.

Pilar pertama yang menjadi acuan adalah pilar edukasi, yang dijalankan lewat program Sekolah Binaan United Tractors (SOBAT). Pembinaan yang dilakukan pun beragam, mulai dari peningkatan kapasitas pengajar, penyempurnaan kurikulum, pemberian bantuan alat praktik, hingga perlombaan.

"SOBAT adalah pembinaan SMK-SMK yang berada di sekitar wilayah operasi United Tractores (UT) di seluruh Indonesia, khususnya SMK yang memiliki jurusan teknik alat berat," ujar Sekretaris Perusahaan UNTR, Sara K. Loebis saat dihubungi Kontan.co.id, Rabu (4/8).

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She further said, the next pillar that is no less important is the pillar of health. UNTR undergoes this CSR program, through posyandu and posbindu development programs around UT's operational areas throughout Indonesia.

Sara explained, in line with the pandemic conditions in the country, UNTR's CSR program in the health pillar is currently focused on the Covid alert community program. This program aims to build public health awareness and resilience during the pandemic.

"Guidance consists of webinars for posyandu cadres, PPE assistance, drugs and vitamins, as well as providing locations for Covid-19 vaccinations," said Sara.

The next pillar is the environmental pillar, which is realized through cooperation in the management of biodiversity in the Bogor Conservation Forest and the Muara Tawar Mangrove Forest and PIK. This includes the Spirit to Reduce Plastic program.

Then finally there is the pillar of community empowerment. Sara did not provide more details regarding this fourth pillar. What is clear, he said, is that this CSR program is carried out through fostering MSMEs around UT's operational areas throughout Indonesia.

Regarding the amount of CSR funds, Sara said that her party could only submit it through the 2021 annual report. This is because the amount of budgeted funds will vary each year, depending on the focus of the activities being carried out.

"There are (funds) that are permanent in nature, referring to programs that run routinely and some are variable, for example in years where there are many disasters, CSR funds are increased for emergency response support or disaster management," explained Sara.

Lebih lanjut dia bilang, pilar selanjutnya yang tak kalah penting adalah pilar kesehatan. UNTR menjalani program CSR ini, lewat program pembinaan posyandu dan posbindu di sekitar wilayah operasi UT yang ada di seluruh Indonesia.

Sara memaparkan, seiring dengan kondisi pandemi di tanah air, program CSR UNTR di pilar kesehatan saat ini terfokus kepada program komunitas siaga Covid. Program ini bertujuan untuk membangun kesadaran dan ketahanan kesehatan masyarakat selama pandemi.

"Pembinaan terdiri dari webinar bagi kader posyandu, bantuan APD, obat dan vitamin, serta penyediaan lokasi vaksinasi Covid-19," kata Sara.

Pilar selanjutnya adalah pilar lingkungan, yang direalisasikan lewat kerja sama pengelolaan keanekaragaman hayati di Hutan Konservasi Bogor serta Hutan Mangrove Muara Tawar dan PIK. Termasuk juga di dalamnya program Semangat Kurangi Plastik.

Lalu terakhir ada pilar pemberdayaan masyarakat. Sara tidak memaparkan lebih detil terkait pilar keempat ini. Yang terang dia bilang, program CSR ini dijalankan lewat pembinaan UMKM di sekitar wilayah operasi UT di seluruh Indonesia. Berkaitan dengan besaran dana CSR, Sara bilang pihaknya baru bisa menyampaikan-nya lewat laporan tahunan 2021 nanti. Sebab, besaran dana yang dianggarkan akan berbeda-beda setiap tahunnya, bergantung pada fokus kegiatan yang dijalankan.

"Ada (dana) yang sifatnya menetap, mengacu pada program-program yang berjalan rutin dan ada yang sifatnya variable, misalnya di tahun yang banyak terjadi bencana, maka dana CSR meningkat untuk support tanggap darurat atau penanganan bencana," jelas Sara.

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Meanwhile, last year UNTR posted a net profit of Rp 6 trillion. This achievement decreased by 46.9% on an annual basis or yoy from the net profit in 2019 which reached Rp 11.31 trillion.

Meanwhile, in terms of the top line, it was recorded at Rp 60.34 trillion or a decrease of 28.5% from the realization of 2019 revenue of Rp 84.43 trillion.

However, UNTR views the business prospects this year positively. This was supported by better commodity prices compared to last year.

"This is reflected in the sales performance of Komatsu heavy equipment distributed by UT, for the first semester of 2021 it reached 1,361 units, and is in line with the projection by the end of the year around 2,500-2,600 units," concluded Sara.

Until June 2021, UNTR managed to carve a satisfactory performance. Citing the company's financial statements, UNTR recorded a consolidated net income of Rp 37.3 trillion or grew 12% from the realization of revenue in the same period in 2020 of Rp 33.19 trillion.

Adapun, di tahun lalu UNTR membukukan laba bersih sebesar Rp 6 triliun. Capaian ini menurun 46,9% secara tahunan atau yoy dari torehan laba bersih di tahun 2019 yang mencapai Rp 11,31 triliun.

Sementara itu dari sisi top line, tercatat senilai Rp 60,34 triliun atau menyusut 28,5% dari realisasi pendapatan tahun 2019 sebesar Rp 84,43 triliun.

Namun demikian, UNTR memandang prospek bisnis di tahun ini dengan positif. Hal itu didukung oleh harga komoditas yang lebih baik dibandingkan dengan tahun lalu. "Hal ini tercermin dari kinerja penjualan alat berat Komatsu yang didistribusikan UT, untuk semester I-2021 mencapai 1.361 unit, dan sejalan dengan proyeksi hingga akhir tahun sekitar 2.500-2.600 unit," tutup Sara. Hingga Juni 2021, UNTR berhasil menoreh-kan kinerja yang cukup memuasmenoreh-kan. Mengutip laporan keuangan perseroan, UNTR tercatat membukukan pendapatan bersih konsolidasian sebesar Rp 37,3 triliun atau tumbuh 12% dari realisasi pendapatan pada periode yang sama tahun 2020 sebesar Rp 33,19 triliun.

Mining Business Actors Warmly

Welcome Changes in ESDM

Mining Governance

Author: Edo Fernando, Editor: Umar RP.

T

HE STRATEGY of the Ministry of Energy and Mineral Resources (ESDM) in improving the governance of the mineral and coal sector or mineral and coal sector is believed to have a positive impact on business actors in related fields.

Pelaku Usaha Tambang Sambut

Hangat Perubahan Tata Kelola

Minerba ESDM

Penulis: Edo Fernando, Editor: Umar RP.

S

TRATEGI Kementerian Energi dan Sumber Daya Mineral (ESDM) dalam melakukan perbaikan tata kelola sektor mineral dan batu bara atau minerba diyakini akan memberikan dampak yang positif terhadap para pelaku usaha di bidang terkait.

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The ESDM has so far claimed to have received reports about the origin of goods that are not clear.

Therefore, the ESDM will try to make changes to the certificate of origin of goods which will no longer be able to be made unilaterally by business entities, but must be made by surveyors who are licensed and whose activities are supervised by the government.

Subsequently, several changes will be made in the new Draft Kepdirjen, some of which include increasing the role of surveyors to additional obligations that must be fulfilled by business actors. PT Superintending Company of Indonesia or Sucofindo believes that the steps taken by the Ministry of Energy and Mineral Resources will have a positive impact on the performance of surveyor companies, particularly in inspection and testing services.

ESDM explained that the average amount of revenue contribution provided by the mining sector could reach Rp 350 billion per year. The revenue includes inspection and testing services for mining commodities.

Sucofindo previously set a revenue target from the company's mineral and coal sector to reach Rp600 billion this year. If you refer to the company's financial statements, the revenue until the first half of 2021 has reached Rp1.14 trillion. This amount is only 41 percent of the company's targeted revenue of Rp. 2.8 trillion.

A number of mining business players also admitted that they would warmly welcome the plan to be carried out by the Ministry of ESDM. His party will also provide full support for all efforts made by the government to improve governance in the mineral and coal sector.

Pihak ESDM selama ini mengaku mendapat-kan laporan soal asal muasal barang yang tidak jelas.

Oleh karenanya, pihak ESDM akan mencoba melakukan perubahan mengenai surat keterangan asal barang yang nantinya tidak akan bisa lagi dibuat secara sepihak oleh badan usaha, melainkan harus dibuat oleh pihak surveyor yang mendapatkan izin dan kegiatannya diawasi pemerintah.

Selanjtunya akan dilakukan beberapa per-ubahan dalam Rancangan Kepdirjen yang baru, di mana beberapa di antaranya meliputi peningkatan peran surveyor hingga kewajiban tambahan yang harus dipenuhi oleh para pelaku usaha. PT Superintending Company of Indonesia atau Sucofindo yakin bahwa langkah yang diambil Kementerian ESDM akan memberikan dampak positif terhadap kinerja perusahaan surveyor, khususnya pada jasa inspeksi dan pengujian. ESDM menjelaskan bahwa rata-rata besaran kontribusi pendapatan yang diberikan oleh sektor pertambangan jumlahnya bisa men-capai Rp350 miliar untuk setiap tahunnya. Pendapatan itu mencakup jasa inspeksi dan pengujian komoditas tambang.

Sucofindo sebelumnya telah mematok target pendapatan dari sektor minerba perusahaan bisa mencapai angka Rp600 miliar di tahun ini. Jika merujuk pada laporan keuangan perusahaan, pendapatan sampai dengan semester pertama tahun 2021 ini tercatat telah mencap ai Rp1,14 triliun. Jumlah tersebut baru 41 persen dari pendapatan yang ditargetkan perusahaan sebesar Rp2,8 triliun.

Sejumlah pelaku usaha tambang juga mengaku akan menyambut hangat rencana yang akan dilakukan Kementerian ESDM itu. Pihaknya pun akan memberikan dukungan penuh segala upaya yang dilakukan pemerintah untuk melakukan perbaikan tata kelola di sektor mineral dan batubara.

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Breaking US$35,000, Tin Prices

Are Expected To Continue

Soaring

Author: Pandu Gumilar

T

HE TREND in tin prices is expected to continue to strengthen as demand for tin increases amid the issue of tight supply due to the Covid-19 pandemic.

The Research & Development Team for Indonesia Commodity & Derivatives Exchange (ICDX) assessed that tin prices will continue to soar. This is because China's automotive market is experiencing steady growth in both production and sales.

China's New Energy Vehicle Industry Development said sales are expected to reach a record high of 30 million units by 2025. Meanwhile, the China Automobile Manufacturers Association (CAAM), reported that car production in China in the first half of 2021 rose 24.2 percent to 12.6 million units. on an annual basis. Meanwhile, sales reached 12.9 million units, up 25.6 percent on an annual basis. ICDX reports that traded tin prices have been observed to show a bullish trend of around US$21,000 which continues to climb up to penetrate levels above $35,000 at the close of semester I/2021.

In terms of volume, tin exports through ICDX also showed positive performance. The total export volume in semester I/2021 reached 12,866.93 metric tons, an increase of 202 percent compared to semester II/2020.

The research team stated that the increase in tin demand amid the issue of tight supply due to the Covid-19 pandemic was the main catalyst that moved tin prices.

Tembus US$35.000, Harga

Timah Diperkirakan Terus

Melesat

Author: Pandu Gumilar

T

REN harga timah diperkirakan akan terus menguat seiring meningkatnya per-mintaan timah di tengah isu ketatnya pasokan akibat pandemi Covid-19.

Tim Research & Development Indonesia Commodity & Derivatives Exchange (ICDX) menilai harga timah akan terus mem-bumbung. Pasalnya, pasar otomotif China mengalami pertumbuhan yang stabil dalam produksi maupun penjualan.

Pengembangan Industri Kendaraan Energi Baru China menyatakan penjualan diper-kirakan akan mencapai rekor tertinggi 30 juta unit pada 2025. Adapun, Asosiasi Produsen Mobil Tiongkok (CAAM), mela-porkan bahwa produksi mobil di Tiongkok pada paruh pertama 2021 naik 24,2 persen menjadi 12,6 juta unit secara tahunan. Sementara, untuk penjualan mencapai 12,9 juta unit atau naik 25,6 persen secara tahunan. ICDX melansir harga timah yang diperdagangkan terpantau menunjukkan tren bullish yang berkisar US$21.000 terus menanjak naik hingga menembus level di atas $35.000 pada penutupan semester I/2021.

Dari sisi volume, ekspor timah yang dilakukan melalui ICDX juga menunjukkan kinerja yang positif. Total volume ekspor pada semester I/2021 mencapai 12.866,93 metrik ton atau naik 202 persen dibanding semester II/2020.

Tim riset menyatakan peningkatan permin-taan timah di tengah isu ketatnya pasokan

akibat pandemi Covid-19 menjadi katalis utama yang menggerakkan harga timah.

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So far, Indonesia, which is the world's second largest tin producer, has not experienced any problems due to the Covid-19 pandemic.

However, PT Timah Tbk as the largest tin producer in Indonesia, stated that it will maintain a stable production this year in the range of 31,000 tons to 34,000 tons. Meanwhile, Chinese electric vehicle company Xpeng Motors on July 31 officially announced the launch of its manufacturing plant in the Wuhan Economic and Technological Development Zone, with a projected production capacity of 100,000 vehicles per year.

The news also became a positive catalyst for tin prices, because tin commodities are widely used in the soldering and battery industries. Editor : Hafiyyan

Sejauh ini, Indonesia yang merupakan produsen timah terbesar kedua dunia tidak mengalami kendala akibat pandemi Covid-19.

Namun, PT Timah Tbk selaku produsen timah terbesar di Indonesia, menyatakan bahwa akan tetap menjaga produksi tahun ini stabil di kisaran 31.000 ton hingga 34.000 ton.

Sementara itu, perusahaan kendaraan elektrik asal Tiongkok, Xpeng Motors pada tanggal 31 Juli secara resmi mengumum-kan peluncuran pabrik manufakturnya di Zona Pengembangan Ekonomi dan Tekno-logi Wuhan, dengan proyeksi kapasitas produksi mencapai 100.000 kendaraan per tahun.

Berita tersebut turut menjadi katalis positif bagi harga timah, karena komoditi timah banyak diaplikasikan dalam industri solder dan juga baterai. Editor : Hafiyyan

Price Performance Indicator

Last Week % Change

In a week (26/7 - 30/7) ICDX tin price rose 3.91 percent. The highest volatility reached 5.49 percent.

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Two Days 4% Loss, Today's Coal

Price Increases 1.5%

Hidayat Setiaji, CNBC Indonesia

C

OAL prices managed to rise after correction for two consecutive days. Although the increase was quite sharp, it could not cover the two-day decline.

Yesterday, the price of coal on the ICE Newcastle (Australia) market was recorded at US$ 148.6/ton. Up 1.5% from the previous day.

However, this increase was still not enough to heal the wound. Because in the previous two days, the price of the black stone fell by 4.15%.

Toby Hassall, Analyst at Refinitiv, believes that the fundamentals of coal are still conducive to sustaining price increases. Supply is still not much while demand is rising rapidly.

"Demand for coal is recovering in a v-shaped pattern as the world's activities increase. This has made coal trade increase and has covered most of the corrections caused by the corona virus pandemic (Coronavirus Disease-2019/Covid-19)," said Hassall in his research.

The coronavirus pandemic, continued Hassall, has forced coal producers to adjust by reducing production to respond to falling demand. Until now, production has not been able to return to normal like the pre-pandemic period.

This situation is expected to persist in the near future. But in the longer term, the possibility of increasing supply will limit price increases.

Dua Hari Rontok 4%, Harga

Batu Bara Hari Ini Nanjak 1,5%

Hidayat Setiaji, CNBC Indonesia

H

ARGA batu bara berhasil naik setelah koreksi selama dua hari beruntun. Meski kenaikannya cukup tajam, tetapi belum bisa menutup penurunan selama dua hari tersebut.

Kemarin, harga batu bara di pasar ICE Newcastle (Australia) tercatat US$ 148,6/ ton. Melonjak 1,5% dari hari sebelumnya. Akan tetapi, kenaikan ini masih belum cukup untuk memulihkan luka. Sebab dalam dua hari sebelumnya, harga si batu hitam ambles sampai 4,15%.

Toby Hassall, Analis Refinitiv, menilai faktor fundamental batu bara masih kondusif untuk menopang kenaikan harga. Pasokan masih belum banyak sementara permintaan naik pesat.

"Permintaan batu bara pulih dalam pola v-shaped seiring peningkatan aktivitas masya-rakat dunia. Ini membuat perdagangan batu bara meningkat dan sudah menutup sebagian besar koreksi yang disebabkan pandemi virus corona (Coronavirus Disease-2019/Covid-19)," sebut Hassall dalam riset-nya.

Pandemi virus corona, lanjut Hassall, membuat produsen batu bara menyesuaikan diri dengan mengurangi produksi untuk merespons penurunan permintaan. Sampai saat ini produksi belum bisa normal seperti masa pra-pandemi.

Situasi ini diperkirakan masih akan bertahan dalam waktu dekat. Namun dalam jangka yang lebih panjang, kemungkinan kenaikan pasokan akan membatasi kenaikan harga.

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"High demand makes the margins obtained by producers increase rapidly. This will make producers excited and increase production. In time, additional production will suppress price increases," said Hassall.

CNBC INDONESIA RESEARCH TEAM (aji/aji)

"Permintaan yang tinggi membuat margin yang didapat produsen meningkat pesat. Ini akan membuat produsen bergairah dan meningkatkan produksi. Pada saatnya, tam-bahan produksi akan menekan kenaikan harga," demikian Hassall. TIM RISET CNBC INDONESIA (aji/aji)

Copper price down on softer growth in US and China

MINING.COM Staff Writer

C

OPPER prices dropped on Wednesday after reports showing softer manufacturing growth in the US and China.

“Industrial metals are increasingly feeling the weight of a synchronized slowing in US and Chinese growth,” TD Securities analysts led by Bart Melek said in a note.

Copper for delivery in September fell 1.4% from Monday’s settlement price, touching $4.334 per pound ($9,534 per tonne) on the Comex market in New York.

China’s factory activity expanded in July at the slowest pace in 17 months, with the official Purchasing Managers’ Index (PMI) easing to 50.4 from 50.9 in June, remaining above the 50-point level that separates growth from contraction.

China’s imports of unwrought copper have also been trending lower since the sharp recovery from the coronavirus pandemic amid stimulus spending in the middle of last year.

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Surging Chinese scrap copper imports that have doubled in the first half of 2021 are also displacing to some extent refined cathode, concentrate, anode, and blister imports, with analysis by Roskill predicting the situation to worsen and potentially cripple the copper price recovery.

Chinese policymakers have been trying to tame surging commodity prices -- from coal to copper -- that have squeezed manufacturers’ margins in the world’s second-biggest economy. On Wednesday, China’s Dalian Commodity Exchange said it was investigating 48 cases of “abnormal trading behavior.” (With files from Bloomberg and Reuters)

Codelco ups production 14.9% in June, Escondida marks 11th month

of drops

By: Reuters

C

HILE's Codelco, the world's largest copper miner, increased its production by 14.9% year-on-year to 151 600 t in June, and by 6.8% so far this year, the Chilean state copper commission Cochilco said on Tuesday.

BHP's Escondida, the world's largest copper mine, saw production fall 21.6% year-on-year to 82 900 t in the same month, for an accumulated drop of 14.9% in the first half of this year. Escondida has curtailed some operations since the outbreak of the coronavirus pandemic and imposition of restrictions, including reducing cathode production, resulting in 11 straight months of declining production.

Meanwhile at the Collahuasi copper mine - a joint venture by Glencore and Anglo American - production fell 6.7% year-on-year to 53 900 t in June, giving an accumulated increase of 2.7% in the first six months of the year.

The country’s total production was up 2.3% year-on-year in June to 477 300 t, Cochilco said.

Finance firms working to close coal plants in Asia

By: Shilpa Sharma

S

OME of the world’s major financial companies and institutions are working on a plan to speed-up the closure of coal-fired power plants in Asia to reduce carbon emissions.

The initiative driven by the Asian Development Bank (ADB) and developed by the British insurer Prudential, is also being followed by key lenders Citi and HSBC, the BBC reported. The ADB hopes the closure plan will be ready for the COP26 climate conference, which is being held in Scotland in November.

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Don Kanak, the chairman of Prudential Insurance Growth Markets, told the BBC: “The world cannot possibly hit the Paris climate targets unless we accelerate the retirement and replacement of existing coal fired electricity, opening up much larger room in the near term for renewables and storage.”

“This is especially true in Asia where existing coal fleets are big and young and will otherwise operate for decades,” he added.

Under the proposal, public-private partnerships will buy coal-fired plants and shut them far sooner than their usual operating lifespan.

Ahmed M Saeed, ADB’s vice president for East Asia, Southeast Asia and the Pacific said: “By purchasing a coal-fired power plant with, say, 50 years of operational life ahead of it and shutting it down within 15 years we can cut up to 35 years of carbon emission.”

The ADB is aiming to launch a pilot programme in a developing South East Asian nation – potentially Indonesia, the Philippines or Vietnam – in time for the COP26 event in November. Key aspects of the initiative that are yet to be finalised include how coal plant owners can be convinced to sell them, what to do with the plants after they are closed, and what role if any carbon credits could play.

The plan has come in the wake of commercial, development banks and other major investors becoming wary of investing in new fossil fuel power plants as they strive to meet climate targets.

Coal-fired electricity generation accounts for about a fifth of the world’s greenhouse gas emissions, making it the biggest polluter.

As per the International Energy Agency forecast, global demand for coal will grow by 4.5 per cent this year, with Asia making up 80 per cent of that rise.

Meanwhile, the International Panel on Climate Change has called for global coal-fired electricity generation to fall from 38 per cent to 9 per cent by 2030.

Whitehaven moves Winchester South towards approval

Michael Philipps

W

HITEHAVEN Coal’s $1 billion Winchester South metallurgical coal project in Queensland remains on track after the state government released a draft environmental impact statement (EIS).

Submissions are being encouraged on the draft EIS for the mine which is located 30 kilometres southeast of Moranbah.

The mine has the potential to create 1000 new jobs in Central Queensland.

Winchester South is expected to produce up to 11 million tonnes per annum of high-quality metallurgical coal for steel manufacturing over a 30-year mine life.

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It comes just days after Stanmore Resources announced their $82 million extension to their Isaac Plains Mining Complex near Moranbah, supporting up to 550 jobs.

The open cut Winchester South coal mine is forecast to create 500 construction jobs and 500 operational jobs once approved.

Whitehaven Coal managing director and chief executive officer Paul Flynn welcomed the release of the EIS.

“Since acquiring Winchester South in 2018, our team has developed a detailed project design that capitalises on the site’s position in a well-established coal region,” Flynn said.

“As our first development in Queensland, we’ve built productive relationships with the community, local council, the Barada Barna Aboriginal Corporation, government, and other stakeholders, all of whom have been critical to developing the proposal.

“This project will support ongoing economic development in regional Queensland and importantly in the customer countries where the product will be used.

“We encourage any interested parties to have a say as part of this public notification process.” Resources Minister Scott Stewart said the mine will create more than $500 million in royalties which will be spent on Queensland schools, hospitals, and roads, as the government continues to implement its COVID-19 Economic Recovery Plan.

“This project will be a massive jobs and business boost for Central Queensland and the Isaac region particularly, with those benefits extending east to Mackay,” Stewart said.

“Whitehaven Coal has a strong record of local employment and is committed to maintaining local employment here in Queensland.

“Ongoing investment in our resources sector continues to underpin Queensland’s economic recovery plan and prove that Queensland is the place to be when it comes to resources investment.”

Member for Mackay Julieanne Gilbert welcomed the next stage of the approvals process. “This project has the potential to make a major contribution to not only Mackay but also the region and the state,” she said.

“The resources industry is a key part of Mackay and people and businesses throughout the city benefit from a strong mining sector.”

“It’s important people can have their say on this job creating project for the region.”

Submissions are open until September 15 and the finalised EIS will then be provided to the Queensland and Australian Governments for examination.

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Chile increases copper production 2.3% in June 2021 - report

By Vladimir Basov

A

CCORDING to a report by the Chilean state copper commission Cochilco released yesterday, the domestic copper production in June 2021 was 477,300 tonnes, which is 2.3% more compared to 466,500 tonnes of copper mined in June 2020.

Escondida, the world’s largest copper mine, produced 82,900 tonnes of copper in June 2021, a 21.6% decline compared to June 2020 (105,800 tonnes).

Collahuasi, the world’s second largest copper mine, produced 53,900 tonnes of copper in June 2021, which is 6.7% less compared to 57,800 tonnes of copper mined in June 2020.

Cochilco said that Codelco, the largest copper mining company worldwide, produced 151,600 tonnes of copper in June 2021, 14.9% more compared to June 2020.

Argus Media: Australia’s Newcastle coal export back on track for

August

Published by Jessica Casey, Editorial Assistant

A

USTRALIA's largest coal export facility at Newcastle is positioned for a strong August, with the Newcastle Coal Infrastructure (NCIG) terminal returning to normal operations and the Port Waratah Coal Services (PWCS) terminals ramping up to full capacity, as reported by Argus Media.

The NCIG shiploader, which has been out of operation since November, has resumed operations and potentially adding 1.25 million tpm in export capacity at the port. The PWCS terminals ramped up exports to 10.57 million t in July from 9.26 million t in June and from 6.86 million t in July 2020. This is the most that PWCS has shipped since a record 10.96 million t in December and follows 2 months of maintenance in May – June.

The ramp up at PWCS, the return of the NCIG shiploader, and larger than average port stockpiles should see strong Newcastle exports in August, despite a major rail maintenance planned for 9 – 12 August.

Ship queues outside of Newcastle remain longer than average, at 36 3 August 2021 down from a near 10-year high of 40 on 6 July 2021. The average turnaround time at the port increased to 13.51 days in July from 10.86 days in June. This compares to an average of 5.35 days for January – June and of 3.81 days in January – June 2020.

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NCIG has shipped around 3.4 million tpm since its shiploader was damaged in November, which is around 1.25 million tpm less than its average in the 8 months prior to the incident. NCIG does not publish its monthly export data, but it can be deduced from the Newcastle port data, which comes out later in the month.

Operations at Newcastle are hampered again by strong winds, which was also a major factor for several days in July.

Stocks at the PWCS terminal rose to 2.23 million t at the end of July from 1.88 million t at the end of June, and should help the port to manage a major rail shut down on the line connecting it to mines in the Hunter Valley on 9 – 12 August. There was a minor rail maintenance on the railway on 24 – 25 July.

Argus last assessed high-grade Australian thermal coal at US$151.90/t fob Newcastle for NAR 6000 kcal/kg on 30 July 2021, up from US$120.58/t on 4 June 2021 and a low of US$46.18/t on 4 September 2020. It assessed lower-grade coal at US$92.93/t fob Newcastle for NAR 5500 kcal/kg on 31 July 2021, up from US$70.10/t on 4 June 2021 and US$35.04/t on 4 September 2020.

The heat-adjusted premium on a NAR 6000 basis for higher-grade thermal coal was at a record US$50.52/t on 31 July, up from US$44.11/t on 4 June and US$8.65/t at the end of August 2020.

Shipments of semi-soft coking coal accounted for around 10% of Newcastle's shipments. Argus last assessed the semi-soft mid-volatile coking coal price at US$126.90/t fob Australia on 3 August 2021, up from US$92.90/t on 31 May 2021 and US$71.20/t on 31 December 2020.

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