Latest news and articles about coal prices from NEX English
Indonesian company Bukit Asam has announced its ambitious plan to increase coal production to 49.5 million tons by 2026. This decision follows the approval of the company's work plan and budget without any reduction in the proposed production volume.
The Indonesian Ministry of Energy and Mineral Resources announced a decrease in the reference price of Indonesian coal (HBA) to <strong>$99.87</strong> per ton in early April 2026, down from <strong>$103.01</strong> in March. This decline is attributed to global market fluctuations and geopolitical conflicts.
PT Bukit Asam Tbk (PTBA) has called on the Indonesian government to reassess its local coal pricing policy, which has remained unchanged since 2017. This request comes amid rising operational costs and an increase in illegal mining activities.