Indonesia to review coal mining licences
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Nusa Dua, Indonesia
INDONESIA will push for consolidation in its mining sector while coal prices are low and may soon revoke more than 4,000 licences that have caused problems, Energy and Mineral Resources Minister Sudirman Said said on Monday.
Indonesia ships about US$2 billion of coal a month and is the world's top exporter of thermal coal, but it wants to keep more of the fuel to feed ballooning domestic power demand. At the same time, it wants to squeeze more revenue from the sector.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
