12 May 2022 07:51
PT United Tractors Tbk (UNTR) announces the distribution of extra capital investment to one of its subsidiaries, PT Tuah Turangga Agung (TTA) worth IDR 217.23 billion.
United Tractors to channel extra IDR 217.23 billion to its subsidiary
04 May 2022 06:43
Stanmore SMC Holdings Pty Ltd (SMC) wrapped up the acquisition of the entire stock of Dampier Coal (Queensland) Pty Ltd yesterday (3/5).
Stanmore SMC officially takes over Dampier Coal
26 Apr 2022 15:00
PT Transcoal Pacific Tbk (TCPI), a shipping and boat rental service provide, has signed the contract of floating barge service for oil storage in the Bengalon LTT Port, East Kutai.
Transcoal Pacific secures the barge service contract worth IDR 10.5 billion
14 Mar 2022 10:04
PT Kaltim Prima Coal (KPC), one of the subsidiaries of PT Bumi Resources Tbk (BUMI), has been granted an extension of its Special Mining Business License for another ten years.
KPC secured a license for another 10 years of special mining business
07 Mar 2022 11:57
PT Bukit Asam Tbk (PTBA) recorded revenue of IDR 29.26 trillion in 2021, increasing 68.9% year-on-year (yoy), or compared to the 2020 gains.
Bukit Asam’s revenue soared 68.9% in 202103 Feb 2022 07:17
Through the Ministry of Energy and Mineral Resources (ESDM), the Indonesian government revoked the coal export restriction on February 1, 2022, as the coal supply that will cover the needs of State Electricity Company (PLN) and Independent Power Producer (IPP) finally recovered.
Domestic supply gains strength, coal export restriction stops
21 Jan 2022 06:41
Through one of its indirect subsidiaries, Stanmore SMC Holdings, PT Dian Swastatika Sentosa Tbk (DSSA) has signed a syndicated loan agreement worth USD 625 million with several foreign financial institutions.
Sinar Mas Group obtains syndicated loans of USD 625 million to acquire Dampier Coal11 Jan 2022 09:05
PT Bumi Resources Tbk (BUMI), a coal mining company of Bakrie Group, made payments to cover its principal and coupon debts of Tranche A of USD 101.4 million on January 10, 2022.
Bumi Resources paid Tranche A debts of USD 101.4 million
07 Jan 2022 11:09
Through the Ministry of Energy and Mineral Resources (ESDM), the Indonesian government has revoked 2,078 Mining Business Licenses for minerals and coals spread across different provinces in Indonesia.
Gov’t revoked thousands of mineral and coal mining permits
06 Jan 2022 11:21
Through the Ministry of Energy and Mineral Resources (ESDM), the Indonesian government announced the coal reference price of January 2022 depletes 0.8% to USD 158.50 per ton from USD 159.79 per ton.
Coal reference price in January 2022 drops to USD 158.50 per ton