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The stock prices of the country’s coal companies such as Indika Energy, Bumi Resources and Bukit Asam soared. ... based on estimates from the Indonesian Coal Mining Association (APBI), Indonesia only has – billion tonnes of coal reserves left as of 2015. ... Current Energy Mix: Petroleum 41%, Coal 30%, Natural Gas 23%, Renewables 6% ...MORE INFO
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Indonesia, the world's biggest thermal coal exporter, has now amended the contracts of all of its 68 coal mining companies, marking a victory for the government after earlier resistance from some ...MORE INFO
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Londonlisted mining company asks to have its shares suspended while it attempts to retake control of subsidiary PT Berau Coal from Amir Sambodo ... Ousted Asia Resource Minerals boss stages sit ...MORE INFO
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Sources: Indonesian Coal Mining Association (APBI) Ministry of Energy and Mineral Resources. During the 2000s commodities boom the coal mining industry was very lucrative as coal prices were comfortably high. Hence, many Indonesian companies and wealthy families decided to acquire coal mining concessions on Sumatra or Kalimantan in the late ...MORE INFO
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Jul 05, 2014· Mining at the site, expected to start in 2015, will last up to 30 years, yield as much as 13 million tons of coal a year and generate about 30 million tons of carbon dioxide a year, according to ...MORE INFO
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During mining operations, enormous amounts of groundwater are drained from aquifers so mining companies can access coal seams – up to 10,000 litres per tonne of coal. A series of proposed mines in Australia’s Galilee Basin is projected to extract 1,343 gigalitres of water – over 21/2 times the amount of water in the Sydney Harbor. This ...MORE INFO
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Back in 2005, when the Indonesian mining industry was booming, the country overtook Australia as the leading exporter of thermal coal. Production reached a peak in 2013 (despite coal prices beginning to drop from 2011), and while domestic use of coal was slowly increasing, around 75% of Indonesia’s coal …MORE INFO
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