Indonesia’s Coal Reserves Still at 31.95 Billion Tons

Indonesia’s Coal Reserves Still at 31.95 Billion Tons

29 Jul 2025, 17:20 PM
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Antam is Seriously Developing EV Batteries, Involved in Six Joint Ventures
Antam is Seriously Developing EV Batteries, Involved in Six Joint Ventures
17 Jul 2025, 10:19 AM 1823

President Director of PT Aneka Tambang Tbk (Antam), Achmad Ardianto, stated that Antam is seriously pursuing projects related to the electric vehicle (EV) battery ecosystem, spanning from upstream to downstream. The company, listed under the stock code ANTM, is currently involved in at least six joint venture (JV) companies as part of this effort.This was stated by Achmad in a Hearing Meeting (RDP) with Commission XII of the DPR in Jakarta, Wednesday (16/7).“This is a long and challenging project, and it still requires government support”, he said at the Parliament Building.The downstreaming carried out by the Member of the State-Owned Mining Holding Company PT Mineral Industri Indonesia (MIND ID) is currently not limited to the construction of stainless steel projects, but also processes nickel into electric vehicle batteries.Antam's involvement in six joint ventures, aimed at creating an ecosystem from upstream mining to EV battery manufacturing, includes PT Sumber Daya Arindo (SDA), which operates a nickel mine in East Halmahera, North Maluku.The mine produces 10 million wet metric tons (wmt) of nickel ore per year, consisting of 7 million wmt of saprolite and 3 million wmt of limonite.In the next phase, PT Feni Haltim (FHT) operates a Rotary Kiln Electric Furnace (RKEF) smelter and industrial estate. ANTAM holds a 40% stake in this company, while CBL holds the remaining 60%.PT FHT produces ferronickel with a production capacity of 88 thousand tons per year, and is targeted to officially operate in 2027.“There will be an industrial area in East Halmahera called FHT, an industrial area for the development of nickel powder which will later be used to build battery materials”, continued Achmad.Third, there is a joint venture between ANTAM and CBL for the High Pressure Acid Leach (HPAL) smelter in East Halmahera which is projected to be able to produce Mixed Hydroxide Precipitate (MHP) by 2028.From HPAL, MHP will be processed into nickel sulfate, precursors, and CAM, all three of which are materials used to make electric vehicle batteries. The industry, still located in East Halmahera, is 30% owned by Indonesia Battery Corporation (IBC) and 70% by CBL.Moving to Karawang, West Java, ANTAM, through IBC together with CBL, has also laid the first stone on an electric vehicle battery factory project that will produce battery cells and modules with a capacity of 15 gigawatt hours (GWh).In the final stage, Antam also plans to build an EV battery recycling facility in East Halmahera, North Maluku. Still partnering with CBL, IBC now holds a 40% participating interest in the recycling project."We hope to produce battery products by 2028, and the battery recycling factory will be commercially operational by 2031", Achmad emphasized.He also hopes for concrete government support amid the company's commitment to building an EV battery ecosystem. One of Antam's most pressing needs, Achmad continued, is government assurance that nickel-based batteries offer numerous advantages over lithium-based batteries.In this way, he believes the value of Indonesia's nickel resources can truly be optimized for the nation's prosperity.“What we need is to ensure that nickel-based batteries become a more attractive option compared to the batteries currently on the market - whether they are lithium-based, sodium-based, or hydrogen-based,” Achmad explained.

The Government Encourages IWIP to Become a Pioneer in the National Green Nickel Industry
The Government Encourages IWIP to Become a Pioneer in the National Green Nickel Industry
16 Jul 2025, 10:07 AM 1053

The government, through the Minister of Environment (LH), Hanif Faisol Nurofiq, is encouraging the Indonesia Weda Bay Industrial Park (IWIP) to become a pioneer in the development of green nickel industry in Indonesia.This was emphasized by Hanif during a working visit to the Weda Bay industrial area in Central Halmahera, North Maluku. This visit was part of the Ministry of Environment's guidance for nickel mining and processing industry players, with the aim of strengthening environmental management in areas located in sensitive ecoregions.Hanif emphasized the importance of strengthening environmental governance in all nickel industry activities, which currently play a vital role in the global energy transition supply chain.“We believe the nickel industry can be a sector that contributes to sustainable development and the reduction of greenhouse gas emissions”, Hanif said as quoted from a written statement, Wednesday, July 16, 2025.In a dialogue with IWIP management, Hanif expressed his hope that IWIP would continue to improve its environmental monitoring and management system, as well as develop an industrial area with environmentally friendly protection principles.President Director of PT Indonesia Weda Bay Industrial Park (IWIP), Kevin He, welcomed the direction of the Minister of Environment and committed to strengthening the implementation of green industry principles. According to him, this visit is a crucial opportunity for IWIP to deepen the integration of sustainable practices into every aspect of our operations."Government support is the foundation for strengthening IWIP's efforts to promote energy efficiency, waste management, and environmental rehabilitation to keep pace with industrial growth", Kevin explained. The government, through the Minister of Environment (LH), Hanif Faisol Nurofiq, is encouraging the Indonesian Industrial Estate Weda Bay Industrial Park (IWIP) to become a pioneer in the development of a green nickel industry in Indonesia.This was emphasized by Hanif during a working visit to the Weda Bay industrial area in Central Halmahera, North Maluku. This visit was part of the Ministry of Environment's guidance for nickel mining and processing industry players, with the aim of strengthening environmental management in areas located in sensitive ecoregions.Hanif emphasized the importance of strengthening environmental governance in all nickel industry activities, which currently play a vital role in the global energy transition supply chain."We believe the nickel industry can be a sector that contributes to sustainable development and the reduction of greenhouse gas emissions", Hanif said as quoted from a written statement, Wednesday, July 16, 2025.In a dialogue with IWIP management, Hanif expressed his hope that IWIP would continue to improve its environmental monitoring and management system, as well as develop an industrial area with environmentally friendly protection principles.President Director of PT Indonesia Weda Bay Industrial Park (IWIP), Kevin He, welcomed the direction of the Minister of Environment and committed to strengthening the implementation of green industry principles. According to him, this visit is a crucial opportunity for IWIP to deepen the integration of sustainable practices into every aspect of our operations."Government support is the foundation for strengthening IWIP's efforts to promote energy efficiency, waste management, and environmental rehabilitation to keep pace with industrial growth", Kevin explained.Direct Inspection of Facilities and TenantsDuring the visit, Minister Hanif personally inspected several facilities and tenants in the industrial area, including the PT Weda Bay Nickel mining area. During his visit to the mining area, he emphasized environmental management in areas that function as water retention and land cover.He directly observed the mine's water management system, including the settling ponds that treat water before it is released into the environment. He also appreciated the clear water conditions and well-organized infrastructure, which he considered to be examples of good environmental management practices.Afterward, Hanif also inspected the domestic waste incinerator facility, which plays a crucial role in reducing the burden on landfills (TPA) and minimizing the risk of pollution. He emphasized the importance of monitoring combustion temperatures, managing emissions, and handling residues in accordance with environmental quality standards.After visiting the PT WBN mining area, Hanif conveyed the need to accelerate environmental rehabilitation, particularly revegetation of open land with local plants. "Rehabilitation must be carried out as quickly as possible. There is no need to wait for the entire area to be mined", he said. With consistent compliance with environmental regulations and government support, IWIP hopes to carry out environmentally friendly operations and be able to coexist harmoniously with the surrounding community.

Freeport Indonesia Targets 441,000 Tons of Copper Cathode Production by 2025
Freeport Indonesia Targets 441,000 Tons of Copper Cathode Production by 2025
16 Jul 2025, 09:48 AM 1845

PT Freeport Indonesia is targeting copper cathode production from their new smelter to reach 441 thousand tons by 2025. In addition to copper cathodes, Freeport has also started producing gold and silver bullion as part of the domestic mining downstreaming process.PT Freeport Indonesia President Director Tony Wenas stated that the mine's downstream operations have now achieved copper metal production with a purity of 99.99 percent. However, he said the next challenge lies in developing further downstream operations in the manufacturing sector. "We in the mining sector are already producing copper metal with a purity of 99.99 percent. But further industrial development is still a challenge", Tony said when met at the parliamentary complex in Jakarta on Wednesday, July 16, 2025.Regarding plans to increase production capacity, Tony stated that mining product processing cannot be as flexible as the manufacturing industry. “Mining production follows a long-term plan and cannot be increased simply because there is market demand”, he said.PT Freeport Indonesia's smelter is located in Gresik, East Java. This copper, gold, and silver processing center was inaugurated by the seventh president, Joko Widodo, on Monday, September 23, 2024.The smelter's construction required an investment of IDR 56 trillion. The plant will process 1.7 million tons of copper concentrate transported from Papua. Tony Wenas stated that the Gresik smelter is the second-largest single-line smelter in the world.Tony stated that the smelter's operation makes PT Freeport Indonesia the world's largest upstream-downstream copper mining company. "And this is part of the President's downstream program and to supply the copper needed for electric vehicles and the energy transition", he said.

Petrosea Secures IDR 3.5 Trillion Contract for Coal Mining in North Musi Rawas
Petrosea Secures IDR 3.5 Trillion Contract for Coal Mining in North Musi Rawas
15 Jul 2025, 04:06 PM 1012

PT Petrosea Tbk (PTRO) announced that on July 14, 2025, the company signed a mining services contract with PT Barasentosa Lestari (BSL). The contract, worth IDR 3.5 trillion, covers stripping and overburden removal services.Mining Director of PT Petrosea Tbk, Iman Darus Hikhman, stated that under this contract, his company acts as a mining services contractor for BSL at a coal mine in North Musi Rawas Regency, South Sumatra Province. "Obtaining this contract is part of Petrosea's long-term strategy to increase value creation through business expansion and development in the South Sumatra region," he said in a written statement on Tuesday, July 15, 2025.Petrosea, Iman said, also offers a variety of services for the coal and mineral mining sector, including pit-to-port services, including open-pit contract mining services, civil and infrastructure construction, mining project management services, technical and feasibility study consulting services, and mine planning and optimization services. Petrosea also offers the Minerva Digital Platform solution, which utilizes technology to improve efficiency and productivity."Petrosea also has the capability to monitor and control operational activities across various projects by utilizing real-time data through the Remote Operations Center located at the company's headquarters," said Iman.Earlier this year, Petrosea also secured new contracts, including a mining services agreement with PT Pasir Bara Prima with a life of mine duration and a contract value of IDR 17.4 trillion. In addition, Petrosea signed an Onshore Early Works EPC agreement for the Ubadari, Tangguh EGR/CCUS & Tangguh Onshore Compression (UCC) projects with a contract value of IDR 4.6 trillion and a term of 24 months, as well as a procurement and construction agreement for the development of the Pomalaa Block mine with PT Vale Indonesia Tbk with a contract value of IDR 2.8 trillion and a term of 24 months. 

ASPEBINDO Requests That Export Duties on Mining Commodities Be Implemented in Stages
ASPEBINDO Requests That Export Duties on Mining Commodities Be Implemented in Stages
15 Jul 2025, 10:29 AM 967

Deputy Chairman of the Association of Indonesia Energy, Mineral, and Coal Suppliers (ASPEBINDO), Fathul Nugroho, has requested that export duties on mining commodities be implemented in stages and with due regard to industrial competitiveness."We understand the government's need to expand its revenue base. However, it's also important that the implementation is gradual and takes into account the cost structure faced by businesses", Fathul confirmed to ANTARA in Jakarta on Tuesday.Currently, he continued, the national mining sector is facing pressure from falling demand and commodity prices on the international market.Indonesia is one of the world's largest coal exporters. Therefore, any fiscal policy, such as export duties, has the potential to impact production flows, selling prices, and even short-term export decisions."This policy needs to be aligned with global market conditions and demand dynamics. This is reflected in the 15 percent decline in coal demand from China and 7 percent from India. We hope the government can provide flexibility through incentives for domestic mining", said Fathul.Aspebindo encourages the determination of tariffs and export duty mechanisms to be carried out by involving business associations in the process of drafting technical regulations."We believe that collaboration between the government and the business sector is key to ensuring this policy is implemented effectively without causing economic contraction, particularly in the energy sector, which is the backbone of Indonesia's exports", said Fathul.He stated his readiness to engage in active dialogue with the Ministry of Energy and Mineral Resources and the Ministry of Finance to ensure that the Export Duty policy can be implemented proportionally, maintain industrial competitiveness, and support the downstreaming and energy self-sufficiency agendas.Previously, Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia stated that the implementation of export duties for coal and gold commodities would be carried out flexibly.He explained that export duties would be imposed when coal and gold prices were high. Conversely, if the prices of these two commodities decreased, they would be exempt from export duties.According to Bahlil, imposing export duties will burden businesses if prices on the global market are plummeting.Therefore, he emphasized that the implementation of export duty rates is better done flexibly.

Hengjaya Demonstrates Green Conservation through the 2025 ISRA Award
Hengjaya Demonstrates Green Conservation through the 2025 ISRA Award
11 Jul 2025, 09:21 AM 1357

PT Hengjaya Mineralindo won a Gold award at the 2025 Indonesia Sustainable Responsible Awards (ISRA) in the Biodiversity Management category for its flagship program, BIO-SPARK (Biodiversity Strengthening Program and Knowledge). Announced at the ISRA summit in Yogyakarta, the award demonstrates the company's commitment to sustainable, adaptive, and environmentally conscious mining practices.The BIO-SPARK program is an integrated biodiversity conservation initiative developed across a 196.78-hectare (ha) area managed as an arboretum within a Mining Business Permit (IUP) area. This area is designated as a High Conservation Value (HCV) area and functions as a center for monitoring, research, education, and the development of science- and community-based environmental conservation.Hengjaya Mineralindo's Head of Mining Engineering, Dwin Deswantoro, said that the award received by the company was an achievement as well as a reminder that the mining industry must work in line with environmental conservation efforts."For us, winning the ISRA 2025 award for biodiversity management is not just a token of appreciation, but a significant milestone in our transformation towards a sustainable mining company. Mine management is not only measured by the extent to which we increase productivity or operational efficiency, but also by the extent to which we maintain ecological balance and ensure that environmental values remain sustainable. We believe that the true success of an extractive industry lies in its ability to contribute to sustainability across generations", he said, as quoted in an official statement on Friday (July 11).Central Sulawesi, where Hengjaya Mineralindo operates, is located within the Wallacea region—a biogeographic transition zone connecting Asian and Australian ecosystems. This region is known as a biodiversity hotspot, home to numerous endemic species found nowhere else in the world, such as the babirusa (Babyrousa celebensis) and the anoa (Bubalus depressicornis).Amid increasing pressure on ecosystems due to climate change and development, conservation efforts are becoming increasingly important and urgent.Hengjaya Mineralindo's Mining Sustainability Lead, Harry Cahyono, stated that the presence of biodiversity in the areas surrounding the company's mines requires special attention and mitigation through the BIO-SPARK program. "BIO-SPARK was born out of the urgent need to protect the biodiversity of Central Sulawesi, one of the regions with the highest levels of endemism in the world. This program is designed based on scientific data and local wisdom, involving communities and stakeholders as a manifestation of our commitment to inclusive and sustainable conservation", he explained.The BIO-SPARK program's excellence lies not only in its ecological and scientific approach, but also in its multi-stakeholder synergy with local communities, academics, local governments, and other stakeholders. The program has received official recognition from the Ministry of Environment and Forestry of the Republic of Indonesia, through the Central Sulawesi Natural Resources Conservation Agency (BKSDA), as part of the company's tangible contribution to national conservation efforts.The Gold Award at ISRA 2025 demonstrates Hengjaya Mineralindo's commitment to comprehensively implementing Environmental, Social, and Governance (ESG) principles. Moving forward, the company is committed to expanding the scope and positive impact of its BIO-SPARK program, while strengthening local capacity to maintain long-term ecosystem sustainability."Biodiversity protection must be designed with a scientific approach and long-term commitment, while remaining aligned with the local context. That is the basic principle of BIO-SPARK, which we will continue to develop", Harry concluded.

Thiess Extends Wahana Coal Contract for Mine in Indonesia by 14 Months
Thiess Extends Wahana Coal Contract for Mine in Indonesia by 14 Months
11 Jul 2025, 08:27 AM 1266

Mining services company Thiess has secured a 14-month contract extension from PT Wahana Baratama Mining for the Wahana coal mine in Satui, South Kalimantan, Indonesia.The extended contract will see Thiess continue with overburden removal and coal mining activities, capitalising on its established site infrastructure, technical expertise and commitment to safety and environmental standards.Thiess Group executive chair and CEO Michael Wright stated: “This extension reinforces our strong relationship with Bayan and reflects the trust they place in our team to deliver safe, sustainable and efficient mining solutions. It is a testament to our people on the ground whose dedication and performance continue to create long-term value for our clients.”This extension allows PT Wahana Baratama Mining to access additional coal reserves, and is expected to increase production output through 2025 and 2026.Thiess Group Asia executive Cluny Randell stated: “We’re proud to continue supporting Wahana. This extension highlights the benefit of having a scaleable and responsive operation, underpinned by our deep understanding of the site and our commitment to operational excellence.”In February 2025, Thiess extended the contract with Wahana Baratama Mining for the Wahana East Extension project in South Kalimantan. The 16-month extension requires Thiess to continue to deliver full mining services, including load and haul, drill and blast, and pit dewatering.Thiess has been operating on the project since 2007. In November 2021, the company secured a three-year AUD 220m (USD 161.2m) contract renewal for continuing to offer mining services at the Wahana coal mine.In June 2025, Thiess announced a contract extension valued at AUD 2.3bn over three years at Jellinbah Group’s Lake Vermont mine in Queensland’s Bowen Basin."Thiess extends Wahana coal contract for mine in Indonesia by 14 months" was originally created and published by Mining Technology, a GlobalData owned brand.

IBC Opens Up About the Strategic Role of the EV Battery Ecosystem in Indonesia
IBC Opens Up About the Strategic Role of the EV Battery Ecosystem in Indonesia
10 Jul 2025, 09:32 AM 1494

PT Indonesia Battery Corporation (IBC) emphasized the importance of Indonesia developing an integrated electric vehicle (EV) battery ecosystem, not only as a player in the EV battery market but also for the global EV battery market.IBC's Director of Institutional Relations, Reynaldi Istanto, stated that downstreaming is a key goal of the Indonesian President Prabowo Subianto administration, particularly in increasing the added value of mining products.Therefore, IBC considers the EV battery ecosystem located in Artha Industrial Hill (AIH) & Karawang New Industry City (KNIC), Karawang, West Java, to be very important not only for players but also for the market."It's crucial not only for players but also for the market. The EV battery ecosystem itself is a high-value component; nickel in batteries is 70 times more significant for the Indonesian economy", explained Reynaldi Istanto at CNBC Indonesia's Mining Zone Special Dialogue on Thursday (July 10, 2025).With the presence of this EV Battery Ecosystem, Indonesia is expected to create up to 8,000 direct jobs and 35,000 indirect jobs.For your information, the integrated upstream-to-downstream battery ecosystem project is operated by PT Aneka Tambang (Antam), PT Indonesia Battery Corporation (IBC), and a Chinese company, Ningbo Contemporary Brunp Lygend Co. Ltd. (CBL), a joint venture between CATL, Brunp, and Lygend.Meanwhile, the total investment for the upstream-downstream project reached USD 5.9 billion, equivalent to IDR 96.04 trillion (assuming an exchange rate of IDR 16,278 per USD).The project comprises a total of six joint ventures ( JVs ) ranging from upstream to downstream. Specifically, JVs one through three represent the upstream battery ecosystem, while JVs four through six represent the downstream battery ecosystem.

Indonesia and the US Agree to Accelerate Tariff Negotiations, with the US Interested in Indonesian N...
Indonesia and the US Agree to Accelerate Tariff Negotiations, with the US Interested in Indonesian N...
10 Jul 2025, 08:46 AM 1418

The Indonesian government continues to strengthen trade relations with the United States (US). This was marked by a crucial meeting between the Indonesian delegation led by Coordinating Minister for Economic Affairs Airlangga Hartarto and high-ranking US officials, namely US Secretary of Commerce Howard Lutnick and United States Trade Representative Jamieson Greer, on Wednesday (July 9, 2025).This meeting marked Indonesia 's first since US President Donald Trump announced new tariff policies on July 7. Indonesia was one of the first countries to be invited to discuss the continuation of the tariff agreement, demonstrating the strong commitment of both countries to maintaining stable trade relations.During the meeting, Coordinating Minister Airlangga expressed his appreciation for the constructive negotiations with the US. He emphasized that the discussions covered a range of important issues, from tariffs and non-tariff barriers to the digital economy, economic security, and investment and commercial cooperation."We have reached a common understanding with the US regarding the progress of the negotiations. Moving forward, we will continue to strive to conclude these negotiations on a basis of mutual benefit", Airlangga said in a written statement on Thursday (July 10, 2025).The two countries agreed to expedite tariff negotiations over the next three weeks to achieve the best possible outcome. Coordinating Minister Airlangga also emphasized the importance of improving overall Indonesia-US economic relations."We want to strengthen Indonesia's commercial relations with the US. Last week, Indonesian companies in the agriculture and energy sectors signed memorandums of understanding (MoUs) with US companies to purchase superior products and increase investment", he said.The US is interested in cooperation in the mining sectorDuring the talks, the US also expressed strong interest in strategic cooperation in critical minerals, including nickel, copper, and cobalt—commodities Indonesia possesses in significant quantities. Cooperation in these sectors is considered crucial, particularly in supporting the global clean energy supply chain and technology transition."Indonesia has vast reserves of nickel, copper, and cobalt. We need to optimize the potential for collaboration in processing these critical minerals", added Coordinating Minister Airlangga.The Indonesian delegation conveyed that negotiations will continue with mutual respect and good faith, aiming for results that bring concrete benefits to both countries.In this meeting, Coordinating Minister Airlangga was accompanied by a number of high-ranking officials, including: Secretary of the Coordinating Ministry for Economic Affairs Susiwijono, Deputy for Economic Cooperation and Investment Edi Prio Pambudi, Deputy for Digital Economy Ali Murtopo, and Assistant Deputy for Bilateral Economic Cooperation Irwan Sinaga.With Trump’s 32% Import Tariff in Effect, Prabowo Sets Diplomatic StrategyPreviously, Coordinating Minister for Economic Affairs Airlangga Hartarto continued his official trip to the United States after accompanying President Prabowo Subianto to Brazil.This departure was carried out as a rapid response to the United States Government's latest policy regarding import tariffs for products from Indonesia of 32 percent.Spokesperson for the Coordinating Ministry for Economic Affairs of the Republic of Indonesia, Haryo Limanseto, Coordinating Minister Airlangga is scheduled to arrive in Washington DC, United States on Tuesday, July 8, 2025.This visit is strategic in nature and is part of the government's diplomatic steps to maintain Indonesia's trade stability."Coordinating Minister Airlangga is scheduled to hold a meeting with representatives of the US government to immediately discuss US President Donald Trump's recently issued tariff decision on Indonesia", Haryo said, as quoted in his statement, Tuesday (8/7/2025).Impact of Import TariffsHaryo explained that Coordinating Minister Airlangga's visit to the US demonstrates Indonesia's commitment to addressing the dynamics of global trade policy, particularly those of key partner countries like the United States.This is because the US decision under President Donald Trump to increase import tariffs is considered to have a significant impact on several national export sectors. Therefore, Airlangga's presence in the US is expected to mitigate potential trade pressures.

70 Percent of Indonesia’s Coal is Supplied by Kalimantan
70 Percent of Indonesia’s Coal is Supplied by Kalimantan
10 Jul 2025, 08:42 AM 1443

The Ministry of Energy and Mineral Resources (ESDM) stated that 70 percent of Indonesia's coal energy sources are supplied by the island of Kalimantan, therefore, the companies operating in the area must be grateful for this blessing by utilizing it in a responsible and environmentally friendly manner."In 2024, coal will contribute 40.56 percent to the national energy mix", said Siti Sumilah Rita Susilawati, Secretary of the Directorate General of Mineral and Coal at the Ministry of Energy and Mineral Resources, during the Kalimantan Edition Roadshow by the Indonesian Coal Mining Association (APBI/ICMA) in Samarinda on Wednesday.She continued, around 50-60 percent of power plants in Indonesia still depend on coal, 70 percent of which is produced from Kalimantan, so Indonesia's largest energy source is Kalimantan.In 2024, she continued, Indonesia's coal production target was 710 million tons, while the actual production was 836.1 million tons, so the target was exceeded by 117.76 percent, with a value of 37.773 billion US dollars.Meanwhile, in 2025, Indonesia's coal production is targeted to be even higher, reaching 739,674 million tons. As of May 2025, production had reached 357.6 million tons, with a value of USD 12,350 billion.According to him, coal mining has an important meaning in lighting the world, because the largest electricity needs still rely on coal production."Just imagine life without electricity because there's no coal. For example, if the power suddenly went out during this event, it would definitely be disrupted. Opening a computer or laptop also requires electricity, and so do cell phones. So when we answer a call, we also remember coal, which is the source of electricity", he said.Siti continued, stating that Non-Tax State Revenue (PNBP) from the mineral and coal sector in 2024 reached IDR 140,460 trillion, 123.75 percent of the target, equivalent to 52 percent of the total PNBP from the Ministry of Energy and Mineral Resources."So, mineral and coal to drive the Indonesian economy is not empty talk, but reality. To realize a golden Indonesia, coal plays a crucial role because it contributes to driving the national economy. But remember, this resource must be managed responsibly. Environmental management must be prioritized", said Siti.Meanwhile, Priyadi, Chairman of the Indonesian Coal Mining Association (APBI), said that coal prices are currently declining due to global economic conditions, coupled with geopolitical influences."Prices remained stable in the first quarter, but they plummeted in the second quarter due to global conditions. We can't predict coal fluctuations", Priyadi said.Meanwhile, according to Refinitiv, global coal prices closed at USD 109.75 per ton on Monday (July 7, 2025), down 1 percent. This decline extended the negative trend for three consecutive days, with the accumulated decline reaching 3.72 percent.

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