#Mining Industry
Indonesia reviews domestic coal pricing formula amid transparency concerns
The Indonesian government is currently reviewing the domestic coal pricing formula to ensure greater transparency and support for national mining stakeholders, according to Tri Winarno, Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources (ESDM).
W. Sulawesi residents seeks mining moratorium amid environmental threats
Hundreds of residents from villages across West Sulawesi staged a protest in front of the provincial governor’s office on Monday, May 6, 2025, calling for a moratorium on mining permits, the revocation of extractive industry licenses, and the halt of all ongoing mining operations threatening their environment and livelihoods.
Energy minister downplays concerns over domestic bauxite sales
Amid claims that bauxite from state miner PT Aneka Tambang (Antam ) is not selling due to export restrictions, Energyand Mineral Resources (ESDM) Minister Bahlil Lahadalia said he would review the progress but defended the current export ban.
Police fire tear gas as locals protest against mining in East Halmahera
Tensions escalated on Monday, April 28, 2025, when police forces fired tear gas at some 300 residents of Wayamli and Yawanli villages in East Halmahera who were marching to protest against mining activities by PT Sambaki Tambang Sentosa (STS) on their customary lands.
GKP pays over US$7 million in tax, non-tax contribution since 2007
In conjunction with Southeast Sulawesi Province’s 61st anniversary celebration, PT Gema Kreasi Perdana (GKP) reaffirmed its commitment to sustainable regional development by contributing more than US$7.25 million to the state through taxes and non-tax revenues (PNBP) since the issuance of its mining permit in 2007.
Most Indonesian business leaders support coal phase-out before 2035: Survey
A significant majority of Indonesian business executives − 88 percent − support transition from coal to renewable energy before 2035, according to a global survey conducted by Savanta on behalf of the We Mean Business Coalition, E3G, and Beyond Fossil Fuels.
New ESDM Ministry rule offers hope for accelerated energy transition, creates gaps
Experts have warned that the Minister of Energy and Mineral Resources (ESDM) Regulation No. 10/2025 on Energy Transition Roadmap for the Electricity Sector that is meant as a legal framework for early retirement of coal-fired power plants (CFPPs) lacks critical details and may hinder Indonesia's climate goals if not improved.
PT Timah books net profit of Rp1.19 Trillion in 2024
State-owned tin miner PT Timah (IDX: TINS) reported a net profit of Rp1.19 trillion (US$74 million) in 2024, an increase of 364 percent from the previous year, when the company recorded a net loss of IDR 449.67 billion (approximately $28 million).
Indonesia defies global trend, expands captive coal power capacity
In stark contrast to the global decline in coal-fired power plant (CFPP) expansion, Indonesia has emerged as the third-largest country in terms of new coal capacity additions in 2024 − adding 1.9 gigawatts (GW), 80 percent of which comes from captive coal power plants dedicated to industrial use.
Harita Nickel enhances operational efficiency amid industry challenges
Nickel mining company PT Trimegah Bangun Persada (NCKL), known as Harita Nickel, has completed the construction of its second refinery, PT Obi Nickel Cobalt (ONC), which has been in full commercial operation since August 2024.