MAIN STORY
Tight coal supply persists
The world is now seeing two key factors that are mainly affecting the global energy market. The first is the Russia’s decision to ban gas flow to Europe as part of its military campaign against Ukraine. The second, the extreme drought in China, the world’s largest coal consumer and producer, which has significantly drained the generation capacity of its hydropower plants.
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Mifa Bersaudara on track to achieve 15 million tons milestone
The significant increase of coal demand more than the supply translates into record-high coal prices this year. Many coal miners take the advantage of the soaring prices which support the financial performances during price bullish trend.
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LiuGong Indonesia continues to intensify after-sales and partnership escalation
LiuGong Indonesia has recently held a Customer Gathering event in Jakarta with about 300 people attending the event, including LiuGong dealers, key customers, leasing partner, and government dignitaries.
OPINION | Bill Sullivan
Coal BLU proposal – Shuffling the deck chairs on the titanic
A temporary coal export ban in January 2022 and threats of draconian sanctions being imposed on coal producers, which do not comply with their domestic market obligation, have apparently proved to be insufficient to overcome producers’ reluctance to sell their coal domestically given the much higher prices that are available in the international market.
