Supply in China is Believed to be Safe, Coal Prices Weaken
Coal prices weakened and ended in the red zone last weekend. This condition occurred amid the return of coal trade between Australia and China ahead of the Chinese New Year…
Coal Reserves in North Kalimantan Only 47 Years Old
The North Kalimantan Energy and Mineral Resources (ESDM) Office recorded proven coal reserves in 2021 of 472.64 million tons. This figure comes from the Work Plan and Expenditure Budget (RKAB)…
Demand for Coal Has Decreased
Coal prices cooled at the start of the week as demand began to weaken. Friendly temperatures in Europe as well as the coming of the Christmas and New Year holidays…