PTBA prepares humic acid pilot project
18 Dec 2024 14:03
PT Bukit Asam Tbk (PTBA) is preparing the pilot project to transform low-calorie coals into humic acid after launching a humic acid prototype at IUP Peranap, Riau, last week (12/12).
Anthracite diversification as key: DOID's outlook post-ACG acquisition
10 Dec 2024 14:34
PT Delta Dunia Makmur Tbk (DOID), a mining company and mining services contractor, is optimistic about 2025 after successfully acquiring several mines outside Indonesia.
US-China tension haunts Asian coal market, Adaro spoke up
05 Dec 2024 11:31
On its debut on IDX today (5/12), PT Adaro Andalan Indonesia Tbk (AADI) expressed optimism about the sustained attractiveness of the coal market.
Spending USD 239 million, INDY to secure returns from gold mine in 2026
20 Nov 2024 14:06
PT Indika Energy Tbk (INDY) is still grappling with challenges in its non-coal business diversification as of the first nine months (9M) of 2024.
After coal mine divestment, Indika Energy won't likely to reach 2024 target
20 Nov 2024 11:59
PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February.
PTRO is all set for mining service contract worth IDR 4 trillion
06 Nov 2024 17:12
PT Petrosea Tbk (PTRO), a construction and mining service provider company, signed a mining service agreement term sheet between PT Niaga Jasa Dunia (NJD) and PT Bara Prima Mandiri (BPM) last Tuesday (5/11).
No more coal business expansion, UNTR confident on branching out to mineral mining and NRE
18 Sep 2024 14:46
PT United Tractors Tbk (UNTR), an issuer engaged in the mining industry, reasserts its intention to no longer expand its coal mining business and instead direct its focus on diversification to mineral mining and investment in new and renewable energy (NRE).
UNTR to revise Komatsu sales, slightly up to 4500 units
18 Sep 2024 14:15
Despite the normalisation of coal mining industry after sudden surge in commodity price in the past couple of years, PT United Tractors Tbk (UNTR) gains confidence and revises the projection of Komatsu sales to 4500 units.
Coal reserves increase, ITMG eyes production of 20.2 million ton this year
28 Aug 2024 17:29
PT Indo Tambangraya Megah Tbk (ITMG) announces positive result from the latest audit on its coal reserves and resources in several of its mines located in eastern Kalimantan.
Weakening revenue, ITMG’s profit eroded 58%
14 Aug 2024 10:58
The revenue of PT Indo Tambangraya Megah Tbk (ITMG) slipped as far as 19.2% year-on-year (yoy) to USD 1.05 billion at the end of June 2024.
