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A special CBI court on Monday awarded a 3-year imprisonment sentence to former coal secretary HC Gupta in a coal scam case of irregularities in the allocation of a Maharashtra coal block to a Nagpur-based private company. Special Judge Arun Bhardwaj also awarded two year imprisonment to former joint-Secretary in the Ministry of Coal …
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In a little more than 20 years, Indonesia has gone from being a minor player in the global coal industry to playing a central role as a key consumer and producer of coal.
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Mining projects have propelled infrastructure development across Indonesia, including related to upstream processing facilities, special economic and industrial zones, and supply chain infrastructure, such as ports.
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In East Kalimantan, the most intensively mined province in Indonesia, mine pits expand across more than 5 million hectares (12 million acres) of land already zoned for coal concessions.
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Indonesia Coal Production was reported at 775.182 Tonne mn in Dec 2023. This records an increase from the previous number of 687.432 Tonne mn for Dec 2022. ... Metal and Mining Sector – Table WB.BP.PROD: Coal Production; View Indonesia's Coal Production from 1981 to 2023 in the chart:
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Note: The above section was automatically generated and is based on data from the GEM April 2024 Global Coal Mine Tracker dataset. Background. The Anugerah Bara Kaltim coal mines (ABK) are an opencast mine complex, operated by PT Anugerah Bara Kaltim, with a capacity of 6 million tonnes-per-annum (MTPA) in Samarinda, East …
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Source: Statista Insights: Diverse Mining Landscape: Indonesia's mining sector is diverse, ranging from coal and natural gas to precious metals like gold.This diversity ensures a balanced economic contribution from the mining sector. Leading Coal Producer: With a targeted production of 694.5 million metric tons in 2023, Indonesia is positioning itself …
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Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Suralaya, Banten province, Indonesia ...
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Indonesia cannot be held liable for $2 billion in compensation sought by Churchill Mining for the revocation of a coal-mining concession, the World Bank's International Centre for Settlement of Investment Disputes (ICSID) ruled in a December 6 verdict.. The tribunal determined that Churchill's claim to the mine site — and therefore …
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Bayan Coal Overview. Bayan Resources is engaged in open cut mining of four main projects located in East and South Kalimantan, Indonesia. As an integrated coal producer, Bayan produces coal ranging from high calorific value bituminous coal to sub-bituminous low-sulphur, low-ash coal.
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Indonesian coal companies earned record profits in 2022 followed by healthy results in 2023. Five of the seven companies analyzed have opted to invest in …
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A special CBI court on Wednesday, 13 December, convicted former Jharkhand Chief Minister Madhu Koda in a coal allocation and mining scam. Apart from Koda, the court held former coal secretary HC ...
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In one incident, Adani sourced the coal in Indonesia from a mining group known for its low-calorie output, at prices consistent with low-grade fuel. It delivered the coal to India's southernmost ... Chennai, in 2018 alleged a "coal invoicing scam" in a complaint to the state's Directorate of Vigilance and Anti-Corruption. ...
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Founded on 20th September 1989 as to response to the challenges of coal mining industry in Indonesia. The APBI-ICMA is a non-government, nonprofit and non-political organization that embraces both upstream (exploration and exploitation) and downstream (marketing the distribution, utilization and mining services) aspects of coal industry in Indonesia.
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Adani sourced the coal in Indonesia from a mining group known for its low-calorie output, at prices consistent with low-grade fuel. It delivered the coal to India's …
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A heavy duty truck is seen carrying peeling stone (the layer above the coal) at the Asam-Asam coal mine owned by PT Arutmin Indonesia in Tanah Laut Regency, South Kalimantan, Tuesday (24/10/2023). The Asam-Asam Mine produces around 3.2 million tonnes of coal per year, some of which is supplied to the Asam-Asam Steam …
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On April 28, a cliff collapsed at an illegal mine in Mandailing Natal, North Sumatra Province, fatally trapping 12 workers in a two-metre deep pit. The victims, who were aged between 30 and...
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The inauguration ceremony took place at the SDE-1 mine site in Kotabaru, South Kalimantan, South Kalimantan Monday (18/12/2023), attended by Economic and Trade Counselor of the Chinese Embassy in Indonesia Wu Zhiwei, Director General of Minerals and Coal Bambang Suswantono, Deputy for Services Investment from the Ministry of …
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Indonesia: Coal Industry Proved reserves, primary energy consumption • Indonesia's proven coal reserves are approximately 34.9 billion tons as of 2020. It ranks seventh in the world and is the second largest in Asia after China and India (Figure 1). • Coal accounted for about 45% of primary energy consumption in 2022. Like proved
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Is the mining tycoon played by Bruce Greenwood based on a real person? No. Fact-checking the Gold movie revealed that Bruce Greenwood's character, mining bigwig Mark Hancock, was intended to be a composite of various mining tycoons who fought for control of the deposit. These real-life bigshots included Norman B. Keevil of …
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Indonesian Production of Coal and Minerals. The coal production of Indonesia has shown steady growth over the last decade. Indonesia consistently recorded coal production increases, except for the years 2014-2015 when coal production decreased due to the decline in coal price and the attempt by the Government of Indonesia ("the …
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With coal royalties representing 13.5 % of the sale price, coal production is largely determined by the public revenue target. A representative of the local government in the province of East Kalimantan, where nearly all Indonesian coal is produced, stated that the number of coal mining licenses is altered to support target achievement [41].
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PT Adaro Indonesia (AI) runs coal mining operations in South Kalimantan and Central Kalimantan, Indonesia. AI has a Special Mining Business License for the Continuation of Contract/Agreement Operation (IUPK-KOP). The coal reserves in AI's concession area are of thermal subbituminuous of medium calorific value (CV) between 4,000 kcal/kg and ...
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Muliawan Margadana, vice chairman of the Indonesia Mining Association, and experts raised concerns over the future of communities reliant on the coal industry, which makes up 35% of East Kalimantan's GDP and employs nearly 9% of its population. "More than 250,000 people are directly employed by coal mining.
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The Arappor Iyakkam said that its request for an investigation into the coal import scam by Tangedco, wherein Adani group had sold low-quality coal imported from Indonesia at an exorbitant price ...
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BRE-X: Inside The $6 Billion Gold Fraud That Shocked The Mining Industry. Sam Ro. T09:22:00Z ... De Guzman and Felderhoff wined and dined Walsh in Indonesia, and immediately got him to ...
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Prima Coal is a high-volatile bituminous steam coal with high calorific value, very low ash, low sulphur and low total moisture. Pinang Coal is similar but has a higher moisture content and Melawan is sub-bitumenous coal with low sulphur and ash and high moisture. KPC blends run-of-mine coal from its various pits to ensure product consistency.
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For example, Indika Energy, one of Indonesia's largest coal mining and power companies, sees EV-powered development – both upstream and downstream – as a new fix for its challenges. In 2021, it acquired gold mining company Nusantara Resources Limited (NRS), and metal ore trader Perkasa Investama Mineral, while reducing its …
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The group also stated that the vessel cited in the report to have carried the coal in December 2013 had not been used for shipping coal from Indonesia before February 2014. In an affidavit to the top court, the Directorate of Revenue Intelligence had earlier reiterated its stand to resume investigations into the Adani Group for alleged ...
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Indonesia's long history of coal exploration and commercial production began > 160 years ago, when the colonial era Bureau of Mines began the first coal exploration.However, the origin of the modern coal industry from the 1980s followed the introduction of two new investment and mining laws in 1967, which provided the …
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1.1 What regulates mining law? Indonesian mining law is regulated under Law No. 4 of 2009 on Mineral and Coal Mining, as amended by Law No. 3 of 2020 on the Amendment to Law No. 4 of 2009 on Mineral and Coal Mining, and Law No. 6 of 2023 on the Stipulation of Government Regulation in lieu of Law No. 2 of 2022 on Job Creations, …
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Five Adani companies and a further five supplied by the group were among 40 importers named by the DRI in a 2016 notice of an investigation into intelligence that …
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The Central Bureau of Investigation has started looking into an alleged scam worth Rs 487 crore, involving the over-valuation of inferior quality of coal imported from …
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Some 80% of India's thermal coal imports in the first half of 2023 came from Indonesia, South Africa, and Russia, which are known to export low-grade, high emission coal.
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The Indonesian Coal Mining Association (ICMA) expects the country's 2023 coal output to surpass the official target of 695 million metric tons, a group official said on Wednesday.
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The FTB Project, owned by Bayan Resources, is a surface mine located in East Kalimantan. The mine produced an estimated 24.4 MTPA of coal in 2020. The mine will operate until 2055. 5. Indominco-Mandiri Mine. Owned by Banpu, the Indominco-Mandiri Mine is a surface mine located in East Kalimantan. It produced an estimated …
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