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Daily News Update Page 1
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There is a corona, Indonesia's coal production has only reached 510 million tons until November Ada corona, produksi batubara Indonesia hanya capai 510 juta ton hingga November Maintaining Environmental Sustainability, ANTAM Wins Proper 2020 Rating Jaga Kelestarian Lingkungan, ANTAM Raih Peringkat Proper 2020 Darma Henwa Has Not Received Approval for the Release of Shares via 'Private Placement' Darma Henwa Belum Dapat Restu Pelepasan Saham via 'Private Placement' In 2021, United Tractors (UNTR) targets heavy equipment sales to reach 1,700 units Tahun 2021, United Tractors (UNTR) targetkan penjualan alat berat capai 1.700 unit Prices Stay Above US$ 84/ton, This Is Strong Coal Medicine! Harganya Tahan di Atas US$ 84/ton, Ini Obat Kuat Batu Bara! Global Coal Demand Rebounds Next Year Permintaan Batu Bara Global Rebound Tahun Depan Empowering Communities to Face Pandemic Period - Adaro Develops Green, Healthy and Sustainable Villages Berdayakan Masyarakat Hadapi Masa Pandemi - Adaro Kembangkan Kampung Hijau, Sehat dan Lestari Bumi Resources (BUMI) won the gold rank in the 2020 ASRRAT event Bumi Resources (BUMI) raih peringkat emas dalam ajang ASRRAT 2020 Predicted Iron Ore Price Will Be Corrected Again Harga Bijih Besi Diprediksi Akan Kembali Terkoreksi Australia forecasts drop in coal output under pressure from Chinese curbs
Kontan Bisnis Investor Daily Kontan CNBC Indonesia Bisnis Neraca Kontan Bisnis Mining.com
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Daily News Update Page 2
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Rio Tinto updates Oyu Tolgoi production deadline Chile's Antofagasta agrees copper charges for 2021; Codelco to follow - sources Russian coal producers ready to withdraw Australian rivals from China Queensland coal export values to tumble, some mines may close Global coal demand peaked seven years ago, says International Energy Agency
Australian Mining Reuters Metal Mining News IN-Queensland ABC News
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Daily News Update Page 3
There is a corona, Indonesia's coal production has only
reached 510 million tons until November
Reporter: Ridwan Nanda Mulyana | Editor: Tendi Mahadi, Wahyu T. Rahmawati
THE COVID-19 pandemic has depressed coal markets and prices. This condition had an impact on the realization of the black gold commodity production. National coal production also dropped 11% in the 11 month period earlier this year.
Director General of Mineral and Coal (Minerba) Middle Policy Analyst of the Ministry of ESDM, Dodik Ariyanto, revealed that national coal production until November 2020 reached 510 million tons. This achievement is already 93%, or close to the 2020 national coal production target of 550 million tons.
However, when compared to last year, the realization of production until November was down 11% compared to the production achievement in the same period last year, which at that time reached 570 million tons.
"The Covid-19 pandemic that has occurred for almost 10 months has had a significant impact on our national coal production. This year's projection we still hope that the realization of production by December could reach 550 million tons," said Dodik in the Indonesia Mining Outlook which was held several times. yesterday.
He explained that there were at least three factors that caused the decline in production compared to last year. All three occurred as a result of the Covid-19 pandemic. First, the demand or consump-tion of coal has decreased.
Ada corona, produksi batubara Indonesia hanya capai 510 juta
ton hingga November Reporter: Ridwan Nanda Mulyana | Editor:
Tendi Mahadi, Wahyu T. Rahmawati
PANDEMI Covid-19 menekan pasar dan
harga batubara. Kondisi itu berdampak terhadap realisasi produksi komoditas emas hitam tersebut. Produksi batubara nasional pun anjlok 11% pada periode 11 bulan awal tahun ini.
Analis Kebijakan Madya Ditjen Mineral dan Batubara (Minerba) Kementerian ESDM Dodik Ariyanto membeberkan, produksi batubara nasional hingga November 2020 mencapai 510 juta ton. Capaian tersebut sebenarnya sudah 93%, atau mendekati target produksi batubara nasional 2020 yang sebesar 550 juta ton.
Namun jika dibandingkan dengan tahun lalu, realisasi produksi sampai November itu turun 11% dibandingkan capaian produksi pada periode yang sama tahun lalu, yang saat itu mencapai 570 juta ton.
"Pandemi covid-19 yang terjadi hampir selama 10 bulan ini telah berpengaruh cukup besar terhadap produksi batubara nasional kita. Proyeksi tahun ini kita masih mengharapkan bahwa realisasi produksi sampai Desember itu bisa mencapai 550 juta ton," ujar Dodik dalam Indonesia Mining Outlook yang digelar beberapa hari lalu.
Dia menguraikan, paling tidak ada tiga faktor yang menyebabkan penurunan produksi dibandingkan tahun lalu. Ketiga-nya terjadi sebagai dampak pandemi covid-19. Pertama, permintaan atau kon-sumsi batubara mengalami penurunan.
Daily News Update Page 4
Second, there was a decline in coal prices. Third, there is limited access or mobility of employees and logistics of mining companies during the pandemic.
Dodik said, the companies most affected are those that produce coal with coal calorie quality below 4,000 kcal and do not have long-term contracts. As a result, production was reduced and even stopped.
"Because these companies generally have their production costs unable to keep up with coal prices which are currently down compared to the previous year," Dodik concluded.
Referring to data from the Directorate General of Mineral and Coal at the Ministry of ESDM, as of December 10, 2020, the realization of coal production was 514.20 million tons. Of this realization, 218.17 million tonnes were supplied to the export market. Meanwhile, 108.45 million tons were for domestic needs or Domestic Market Obligation (DMO).
Coal export volume fell 13%, its value fell 25%
The Covid-19 pandemic has caused demand for coal to decline. Pressured market conditions and prices have contributed to the decline in Indonesia's coal export performance in the 11 months of 2020.
Director General of Mineral and Coal (Minerba) Middle Policy Analyst of the Ministry of ESDM, Dodik Ariyanto, revealed that the volume of coal exports until November 2020 was recorded at 364 million tons. This figure is down 13% compared to the realization in the same period last year, which amounted to 418 million tons.
The decline in coal volume and price caused the export value of the black gold commodity to decline. As of November,...
Kedua, terjadi penurunan harga batubara. Ketiga, adanya keterbatasan akses atau mobilitas karyawan maupun logistik per-usahaan pertambangan selama pandemi.
Kata Dodik, perusahaan yang paling ter-dampak adalah mereka yang memproduksi batubara dengan kualitas kalori batubara di bawah 4.000 kkal dan tidak mempunyai kontrak jangka panjang. Akibatnya, produksi pun dikurangi bahkan sempat berhenti.
"Karena perusahaan tersebut umumnya biaya produksinya tidak bisa mengimbangi harga batubara yang saat ini turun dibanding tahun sebelumnya," pungkas Dodik.
Merujuk data dari Ditjen Minerba Kemen-terian ESDM, per 10 Desember 2020, realisasi produksi batubara sebesar 514,20 juta ton. Dari realisasi tersebut, sebanyak 218,17 juta ton dipasok ke pasar ekspor. Sedangkan 108,45 juta ton untuk kebutuhan dalam negeri atau Domestik Market Obligation (DMO).
Volume ekspor batubara turun 13%, nilainya anjlok 25%
Pandemi Covid-19 membuat permintaan terhadap batubara merosot. Kondisi pasar dan harga yang tertekan turut membuat kinerja ekspor batubara Indonesia anjlok dalam 11 bulan 2020 ini.
Analis Kebijakan Madya Ditjen Mineral dan Batubara (Minerba) Kementerian ESDM Dodik Ariyanto membeberkan, volume ekspor batubara sampai dengan November 2020 tercatat sebanyak 364 juta ton. Angka itu turun 13% dibandingkan realisasi pada periode yang sama tahun lalu, yang sebesar 418 juta ton.
Merosotnya volume dan harga batubara membuat nilai ekspor komoditas emas hitam itu pun menurun. Hingga Novem-ber,...
Daily News Update Page 5
As of November, the export value of Indonesian coal was US$ 14.8 billion, a 25% drop compared to the export value up to November 2019 which was US$ 19.86 billion.
"The existence of export restrictions, especially from India and China, will greatly affect the performance of Indonesia's coal exports this year until November 30," said Dodik at the Indonesia Mining Outlook a few days ago.
Understandably, China and India are the most dominant coal export markets. Globally, the Covid-19 pandemic has reduced demand for coal from a number of consuming countries.
This condition is a result of declining demand for coal. India's coal demand, for example, has fallen by about 20% as well as South Korea's which has decreased by 15%.
For information, in the last five years, the volume of Indonesian coal exports has continued to rise. Until its peak last year touched the level of 455 million tons.
Hingga November, nilai ekspor batubara Indonesia sebesar US$ 14,8 miliar, anjlok 25% dibandingkan dengan nilai ekspor sampai dengan November 2019 yang sebesar US$ 19,86 miliar.
"Adanya pembatasan ekspor terutama dari India dan China itu sangat berpengaruh terhadap kinerja ekspor batubara Indonesia tahun ini sampai 30 November," sebut Dodik dalam acara Indonesia Mining Outlook, beberapa hari lalu.
Maklum, China dan India merupakan pasar ekspor batubara yang paling dominan. Secara global, pandemi covid-19 telah menurunkan permintaan batubara dari sejumlah negara konsumen.
Kondisi itu sebagai akibat dari kebutuhan batubara yang merosot. Kebutuhan batu-bara India, misalnya, telah turun sekitar 20% juga Korea Selatan yang menurun 15%.
Sebagai informasi, dalam lima tahun terakhir, volume ekspor batubara Indonesia terus menanjak. Hingga puncaknya pada tahun lalu menyentuh level 455 juta ton.
Maintaining Environmental Sustainability, ANTAM Wins
Proper 2020 Rating Thomas Mola
PT ANEKA Tambang Tbk., (ANTAM) again
achieved the Proper rating in environ-mental management 2019-2020. The ANTAM Group won 1 Green Rating and 6 Blue Rating in the PROPER 2020 ranking which was held virtually on 14 December 2020.
Jaga Kelestarian Lingkungan, ANTAM Raih Peringkat Proper
2020 Thomas Mola
PT ANEKA Tambang Tbk. , (ANTAM)
kembali meraih peringkat Proper dalam pengelolaan lingkungan hidup 2019-2020. Grup ANTAM meraih 1 peringkat Hijau dan 6 Peringkat Biru pada peringkat PROPER 2020 yang dilaksanakan secara virtual pada 14 Desember 2020 lalu.
Daily News Update Page 6
ANTAM's Operations and Production Director Hartono said, the PROPER rating achieved by ANTAM's business units and subsidiaries is a reflection of the company's commitment to continuously strive to meet environmental management standards and implementation of social responsibility to provide added value to the communities around the operating area.
"In the midst of the Covid-19 challenges, ANTAM consistently implements good mining practices by adjusting operations according to health protocols, participating in corporate social responsibility programs for handling Covid-19 and natural disasters that have occurred in several areas in Indonesia, and continuing to strive to maintain environmental quality," he said in an official statement, Friday (18/12/2020).
The Green Proper rating was achieved through the Gold Mining Business Unit. The award is an appreciation for ANTAM's efforts to continuously improve the effectiveness of environmental manage-ment.
The Proper rating is a company performance appraisal program in environmental management organized by the Ministry of Environment and Forestry.
ANTAM not only complies with the applicable provisions and regulations, but also makes various other efforts (beyond compliance) such as energy efficiency, emission reduction, waste management innovation, preserving biodiversity, good post-mining planning and management of Corporate Social Responsibility/CSR programs.
Previously, for the implementation of good mining practices, the Gold Mining Business Unit also won a Trophy and an Aditama rating from the Directorate General of Mineral and Coal, the Ministry of...
Direktur Operasi dan Produksi ANTAM Hartono mengatakan, peringkat PROPER yang diraih oleh unit bisnis dan entitas anak ANTAM merupakan refleksi atas komitmen perusahaan untuk terus berupaya me-menuhi standar pengelolaan lingkungan dan pelaksanaan tanggung jawab sosial untuk memberikan nilai tambah bagi masyarakat di sekitar wilayah operasi.
“Di tengah tantangan Covid-19, ANTAM secara konsisten melaksanakan good mining practices dengan melakukan penyesuaian operasi sesuai protokol kesehatan, ber-partisipasi dalam program corporate social responsibilty penanganan Covid–19 dan bencana alam yang terjadi di beberapa area di Indonesia, serta terus berupaya untuk terus menjaga kualitas lingkungan hidup,” ujarnya dalam keterangan resmi, Jumat (18/12/2020).
Peringkat Proper Hijau diraih melalui Unit Bisnis Pertambangan Emas. Penghargaan itu menjadi apresiasi atas upaya ANTAM yang senantiasa meningkatkan efektifitas penge-lolaan lingkungan.
Peringkat Proper merupakan program penilaian kinerja perusahaan dalam penge-lolaan lingkungan hidup yang diselenggara-kan oleh Kementerian Lingkungan Hidup dan Kehutanan.
ANTAM tidak hanya memenuhi ketentuan dan peraturan yang berlaku, tapi juga melakukan beragam upaya lain (beyond compliance) seperti efisiensi energi, penurunan emisi, melakukan inovasi penge-lolaan limbah, menjaga keanekaragaman hayati, perencanaan pascatambang yang baik serta pengelolaan program Corporate Social Responsibility/CSR.
Sebelumnya, atas pelaksanaan good mining practices, Unit Bisnis Pertambangan Emas juga meraih Trophy dan peringkat Aditama dari Direktorat Jenderal Mineral dan Batubara, Kementerian...
Daily News Update Page 7
the Ministry of Energy and Mineral Resources because it was considered to be performing the best in managing the mineral mining environment.
Meanwhile, ANTAM's 6 Blue Proper ratings were achieved through the Southeast Sulawesi Nickel Mining Business Unit, North Maluku Nickel Mining Business Unit, Precious Metal Processing and Refining Business Unit, West Kalimantan Bauxite Mining Business Unit, and subsidiaries PT Cibaliung Sumberdaya and PT Gag Nickel.
"Obtaining a Blue Rating indicates that the company has implemented environmental management in accordance with laws and regulations," added Hartono. Editor: Kahfi
Kementerian Energi dan Sumber Daya Mineral karena dinilai melakukan kinerja terbaik dalam pengelolaan lingkungan hidup pertambangan mineral.
Adapun, 6 peringkat Proper Biru ANTAM diraih melalui Unit Bisnis Pertambangan Nikel Sulawesi Tenggara, Unit Bisnis Pertambangan Nikel Maluku Utara, Unit Bisnis Pengolahan dan Pemurnian Logam Mulia, Unit Bisnis Pertambangan Bauksit Kalimantan Barat, serta anak usaha PT Cibaliung Sumberdaya dan PT Gag Nikel.
“Perolehan Peringkat Biru menunjukkan perusahaan telah melaksanakan penge-lolaan lingkungan hidup sesuai dengan peraturan perundangan,” tambah Hartono. Editor : Kahfi
Darma Henwa Has Not Received Approval for the Release of
Shares via 'Private Placement' Gita Rossiana
PT DARMA Henwa Tbk (DEWA) postponed
the extraordinary general meeting of shareholders (EGMS) regarding the approval for additional capital without pre-emptive rights (non-HMETD) or private placement. This delay is for the preparation of documents that must be submitted to the Financial Services Authority (OJK).
Director Darma Henwa Rio Supin said, the EGMS regarding the approval of this private placement was originally targeted for December 18, 2020. However, there are some documents that have not been fulfilled, so that the EGMS has not been approved by the OJK.
However, the company management has not confirmed the implementation of the next EGMS.
Darma Henwa Belum Dapat Restu Pelepasan Saham via
'Private Placement' Gita Rossiana
PT DARMA Henwa Tbk (DEWA) menunda
rapat umum pemegang saham luar biasa (RUPSLB) terkait persetujuan penambahan modal tanpa hak memesan efek terlebih dahulu (non-HMETD) atau private placement. Penundaan ini untuk persiapan dokumen yang harus disampaikan kepada Otoritas Jasa Keuangan (OJK).
Direktur Darma Henwa Rio Supin mengatakan, RUPSLB terkait persetujuan private placement ini awalnya ditargetkan pada 18 Desember 2020. Namun, ada beberapa dokumen yang belum dipenuhi, sehingga penyelenggaraan RUPSLB belum disetujui oleh OJK.
Meski demikian, manajemen perseroan belum memastikan pelaksanaan RUPSLB berikutnya.
Daily News Update Page 8
"There are some data that must be submitted to the OJK and cannot be done in the near future, so that the EGM cannot be carried out," he said.
Therefore, the company will first fulfill the documents to the OJK. Taking into account the fulfillment of documents and share-holders present, the EGMS is expected to be held in mid-January 2021.
The company previously intended to hold a private placement by issuing as many as 5.87 billion series B ordinary shares at an exercise price of Rp 60 per share. This action is expected to raise funds of Rp 352.24 billion or around US$ 23.8 million.
Based on the prospectus submitted on Thursday (17/12), the proceeds from the private placement will be used to pay debts to Highrank Investment Ltd amounting to US$ 23.8 million. This debt is converted into B shares in a private placement. "Debt payment with this mechanism will be made after the company has received approval from the EGMS," said manage-ment.
By converting debt into shares, Highrank Investment will become a shareholder of Darma Henwa with 21.18% share owner-ship. Apart from Highrank, other share-holders are Goldware Capital Limited with 13.76%, Zurich Assets International Limited 9.06%, and the public with 56%.
Highrank Investment is an investment company originating from the Seychelles. The shareholders of Highrank Investment are Twocents Consultancy Group and World Power & Lighting. Previously, Darma Henwa used a loan from Highrank Investment to work on projects in Aceh.
Apart from Aceh, the company has a Bengalon coal project in East Kalimantan, an Asam-Asam coal mine project in South Kalimantan, and the Satui coal mine project.
"Ada beberapa data yang harus di-submit kepada OJK dan tidak bisa dilakukan dalam waktu dekat, sehingga RUPSLB tidak bisa dilakukan," kata dia.
Karena itu, perseroan akan memenuhi dokumen terlebih dahulu kepada OJK. Dengan mem-pertimbangkan pemenuhan dokumen dan peme-gang saham yang hadir, RUPSLB diperkirakan akan dilakukan pada pertengahan Januari 2021.
Perseroan sebelumnya berniat menggelar private placement dengan menerbitkan sebanyak 5,87 miliar saham biasa seri B dalam harga pelaksanaan Rp 60 per saham. Aksi ini diharapkan memperoleh dana sebesar Rp 352,24 miliar atau sekitar US$ 23,8 juta.
Berdasarkan prospektus yang disampaikan pada Kamis (17/12), dana dari hasil private placement akan digunakan untuk pembayaran utang kepada Highrank Investment Ltd sebesar US$ 23,8 juta. Utang ini yang di-konversi menjadi saham seri B dalam private placement. "Pembayaran utang dengan mekanisme tersebut akan dilakukan setelah perseroan mendapatkan persetujuan dari RUPSLB," papar manajemen.
Dengan konversi utang menjadi saham, Highrank Investment akan menjadi pemegang saham Darma Henwa dengan kepemilikan saham 21,18%. Selain Highrank, pemegang saham lainnya adalah Goldware Capital Limited sebesar 13,76%, Zurich Assets International Limited 9,06%, dan masyarakat 56%.
Highrank Investment adalah perusahaan investasi yang berasal dari Seychelles. Pemegang saham dari Highrank Investment adalah Twocents Consultancy Group dan World Power & Lighting. Sebelumnya, Darma Henwa menggunakan pinjaman dari Highrank Investment untuk mengerjakan proyek di Aceh.
Selain di Aceh, perseroan memiliki proyek batu bara Bengalon di Kalimantan Timur, proyek tambang batu bara Asam-asam di Kalimantan Selatan, dan proyek tambang batu bara Satui.
Daily News Update Page 9
"With so many operations in Kalimantan, we will move operations in an integrated manner in Balikpapan," explained Rio.
To improve competence, the company will also develop a network that does not only work on the Bakrie Group's coal mines. This is by utilizing the Thriveni Resomin network, which has previously worked together to form a joint venture company.
Through this cooperation, the company hopes to support the company's performance next year. As of the third quarter of 2020, the company managed to book revenue of US$ 239.31 million or an increase of 0.58% compared to the third quarter of 2019 which reached US$ 237.93 million.
Meanwhile, operating profit until the third quarter of 2020 was recorded at US$ 8.71 million, an increase of 21.59% compared to the same period last year which reached US$ 7.16 million. The increase in operating profit was due to a decrease in general costs and the forex difference. Editor: Gora Kunjana
"Dengan banyaknya operasional di Kalimantan, kami akan memindahkan operasi secara terintegrasi di Balikpapan," terang Rio.
Untuk meningkatkan kompetensi, perseroan juga akan mengembangkan jaringan yang tidak hanya menggarap tambang batu bara milik Grup Bakrie. Hal ini dengan meman-faatkan jaringan Thriveni Resomin yang sebelumnya sudah bekerjasama membentuk perusahaan patungan.
Melalui kerja sama ini, perseroan berharap bisa mendukung kinerja perseroan pada tahun depan. Hingga kuartal III-2020, perseroan berhasil membukukan penda-patan sebesar US$ 239,31 juta atau mening-kat 0,58% dibandingkan kuartal III-2019 yang mencapai US$ 237,93 juta.
Sedangkan laba usaha hingga kuartal III-2020 tercatat sebesar US$ 8,71 juta, meningkat 21,59% dibandingkan periode sama tahun lalu yang mencapai US$ 7,16 juta. Peningkatan laba usaha karena adanya penurunan biaya umum dan laba selisih forex. Editor : Gora Kunjana
In 2021, United Tractors (UNTR) targets heavy equipment sales
to reach 1,700 units Reporter: Akhmad Suryahadi | Editor:
Herlina Kartika Dewi
PT UNITED Tractors Tbk (UNTR) has set a higher sales target for Komatsu heavy equipment next year.
United Tractors Corporate Secretary Sara K. Loebis said that next year's sales of Komatsu heavy equipment are estimated to reach around 1,700 units. The forecast for the increase...
Tahun 2021, United Tractors (UNTR) targetkan penjualan alat
berat capai 1.700 unit Reporter: Akhmad Suryahadi | Editor:
Herlina Kartika Dewi
PT UNITED Tractors Tbk ( UNTR)
memasang target penjualan alat berat Komatsu yang lebih tinggi di tahun depan.
Sekretaris Perusahaan United Tractors Sara K. Loebis mengatakan, tahun depan diperkirakan penjualan alat berat Komatsu bisa mencapai sekitar 1.700 unit. Adapun perkiraan naiknya...
Daily News Update Page 10
The forecast for the increase in sales of heavy equipment next year will be driven by growth in the non-mining sector.
If accumulated, the total sales of Komatsu heavy equipment by the end of October 2020 stood at 1,345 units. This realization was still contracted by 50.8% from sales in the same period the previous year, which reached 2,734 units.
On the other hand, this constituent of the Kompas100 Index targets to sell 1,400 Komatsu units by 2020. This means that as of October 2020, UNTR has met 96.07% of the maximum sales target installed this year. Sales of UNTR heavy equipment are also expected to exceed the target. "The estimate for the end of this year is still around 1,500 units," said Sara to Kontan.co.id, Friday (18/12).
Although year-to-date sales of heavy equipment are stil l experiencing a correction, sales of Komatsu heavy equipment have begun to experience an upward trend on a monthly basis. As of October 2020, for example, UNTR sold 154 units of heavy equipment, an increase of 4% from sales realization per September 2020, namely 148 units.
The increasing trend in sales of heavy equipment has started since June 2020. In the June 2020 period, UNTR sold 76 heavy equipment or increased 26% on a monthly basis, where in May 2020 sales of Komatsu heavy equipment only reached 60 units, which was the lowest sales throughout 2020.
The upward trend in heavy equipment sales then continued in the period July (85 units), August (105 units) and September (148 units). The highest sales record for heavy equipment this year is still recorded by sales in the January 2020 period, which reached 251 units.
Adapun perkiraan naiknya penjualan alat berat tahun depan akan terdorong pertum-
buhan dari sektor non-pertambangan.
Jika diakumulasikan, total penjualan alat berat Komatsu hingga akhir Oktober 2020 berada di angka 1.345 unit. Realisasi ini memang masih terkontraksi 50,8% dari penjualan di periode yang sama tahun sebelumnya, yang mencapai 2.734 unit.
Di sisi lain, konstituen Indeks Kompas100 ini menargetkan dapat menjual 1.400 unit Komatsu hingga tutup tahun 2020. Ini berarti, per Oktober 2020, UNTR telah memenuhi 96,07% target penjualan maksimal yang dipasang tahun ini. Pen-jualan alat berat UNTR pun diperkirakan bakal tembus dari target. “Estimasi akhir tahun ini masih 1.500-an unit,” terang Sara kepada Kontan.co.id, Jumat (18/12).
Meski secara year-to-date penjualan alat berat masih mengalami koreksi, penjualan alat berat Komatsu mulai mengalami tren kenaikan secara bulanan. Per Oktober 2020 misalnya, UNTR menjual sebanyak 154 unit alat berat atau naik 4% dari realisasi penjualan per September 2020 yakni 148 unit.
Adapun tren kenaikan penjualan alat berat sudah dimulai sejak Juni 2020. Pada periode Juni 2020, UNTR menjual 76 alat berat atau naik 26% secara bulanan, dimana pada Mei 2020 penjualan alat berat Komatsu hanya mencapai 60 unit yang merupakan penjualan terendah sepanjang tahun 2020.
Tren kenaikan penjualan alat berat kemudian berlanjut di periode Juli (85 unit), Agustus (105 unit), dan September (148 unit). Adapun rekor penjualan alat berat tertinggi tahun ini masih dicatatkan oleh penjualan pada periode Januari 2020 yang mencapai 251 unit.
Daily News Update Page 11
Prices Stay Above US$84/ton,
This Is Strong Coal Medicine! Tirta Citradi, CNBC Indonesia
AT THE END of last week's trading, the
Newcastle thermal coal futures contract price was closed at US$ 84.25/ton. The contract price of the jet stone, which is actively traded on the futures exchange, is firmly at its highest level in the last one and a half years.
The price of the Newcastle thermal coal futures contract was successfully broken at the level of US$ 80/ton last last May 2019. Throughout the month of December the price of coal has shot up 20.44%.
In line with improving risk appetite due to the start of the Covid-19 vaccination program in various countries such as the United States (US), UK and other countries, the economic outlook is also brighter among market players.
As the second largest economy in the world as well as the largest coal consumer globally, the Bamboo Curtain country managed to record output growth in the positive zone in the second and third quarters of this year. Yet at the same time other countries are plunging into the brink of recession.
The strong economic activity of China has made the wheels of its industry re-active. As a result, the need for energy sources increases. Electricity consumption continues to increase. This increase has made the demand for coal also lifted up.
However, due to investigations in various mining areas in China, domestic supplies tend to run low. As a result,...
Harganya Tahan di Atas US$
84/ton, Ini Obat Kuat Batubara! Tirta Citradi, CNBC Indonesia
PADA perdagangan akhir pekan lalu harga
kontrak futures batu bara termal Newcastle ditutup di US$ 84,25/ton. Harga kontrak si batu legam yang aktif ditransaksikan di bursa berjangka ini kokoh di level ter-tingginya dalam periode satu setengah tahun terakhir.
Harga kontrak futures batu bara termal Newcastle berhasil tembus di level US$ 80/ton terakhir pada Mei 2019 lalu. Di sepanjang bulan Desember harga batu bara telah melesat 20,44%.
Seiring dengan risk appetite yang membaik akibat dimulainya program vaksinasi Covid-19 di berbagai negara seperti Amerika Serikat (AS), Inggris dan negara-negara lain, prospek perekonomian pun menjadi lebih cerah di kalangan para pelaku pasar.
Sebagai perekonomian terbesar kedua di dunia sekaligus konsumen batu bara terbesar secara global, Negeri Tirai Bambu berhasil mencatatkan pertumbuhan output di zona positif pada kuartal kedua dan ketiga tahun ini. Padahal di saat yang sama negara-negara lain justru terjun ke jurang resesi.
Aktivitas ekonomi China yang menguat membuat roda industrinya kembali ber-geliat. Akibatnya kebutuhan akan sumber energi meningkat. Konsumsi listrik pun terus meningkat. Peningkatan ini membuat per-mintaan terhadap batu bara ikut terkerek naik.
Namun akibat adanya investigasi di berbagai lahan tambang di China, pasokan domestik cenderung menipis. Alhasil,...
Daily News Update Page 12
As a result, local coal prices have skyrocketed. The price of Qinhuangdao 5,500 Kcal/Kg thermal coal has exceeded the upper limit level set by the govern-ment.
The target range for Chinese local coal prices is pegged at RMB 500 - RMB 570/ton in order to keep supporting the smooth running of the upstream sector (miners) and not reducing the profits of the downstream sector (util ities or electricity companies).
However, last week, China's benchmark coal price had already reached the level of RMB 693 per ton. The Chinese Planning Agency (NDRC) decided to relax its import quota.
Panda Country's stun company was given a concession to import coal from various countries except Australia, which had to receive special treatment. This discrimina-tion against Australian coal products follows tensions in the Canberra-Beijing bilateral relationship related to the Covid-19 outbreak.
Although the two are currently fighting and the Australian side is taking it to the path of the World Trade Organization (WTO), the increase in Chinese coal prices and higher import demand from other countries has also caused Newcastle coal prices to also increase.
The trend of rising coal prices is one of the factors boosting Indonesia's export performance. In November 2020, exports grew by 9.54% (yoy), the highest since February 2020. RI's reference coal price (HBA) also flew.
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif set the HBA in December 2020 to increase to US$ 59.65 per ton from US$ 55.71 per ton in November 2020.
Alhasil, harga batu bara lokalnya melonjak tajam. Harga batu bara termal Qinhuangdao 5.500 Kcal/Kg sudah tembus level batas atas yang ditetapkan oleh pemerintah.
Rentang target harga batu bara lokal China dipatok di RMB 500 - RMB 570/ton agar tetap mendukung kelancaran usaha sektor hulu (penambang) dan tidak menggerus laba sektor hilir (utilitas atau perusahaan listrik).
Namun pekan lalu harga batu bara acuan China tersebut sudah tembus ke level RMB 693 per ton. Badan Perencana China (NDRC) memutuskan untuk merelaksasi kuota impornya.
Perusahaan setrum Negeri Panda diberikan pelonggaran untuk mengimpor batu bara dari berbagai negara kecuali Australia yang harus mendapat perlakuan khusus. Diskriminasi produk batu bara Australia ini menyusul ketegangan hubungan bilateral Canberra-Beijing terkait wabah Covid-19.
Kendati keduanya saat ini berseteru dan pihak Australia membawanya ke jalur Organisasi Perdagangan Dunia (WTO), kenaikan harga batu bara China dan permintaan impor yang lebih tinggi dari negara lain membuat harga batu bara Newcastle juga ikut terdongkrak.
Tren kenaikan harga batu bara menjadi salah satu faktor pendongkrak kinerja ekspor Indonesia. Pada November 2020, ekspor tumbuh 9,54% (yoy), tertinggi sejak Februari 2020. Harga batu bara acuan (HBA) RI pun ikut terbang.
Menteri Energi dan Sumber Daya Mineral (ESDM) Arifin Tasrif menetapkan HBA pada Desember 2020 naik menjadi US$ 59,65 per ton dari US$ 55,71 per ton pada November 2020.
Daily News Update Page 13
In the future, it is not impossible that this trend will continue. The World Bank estimates that the average coal price next year will be at US$ 57.8 per ton and in 2022 it will rise to US$ 58 per ton. An increase compared to this year's projection of US$ 57.2 per ton.
However, the World Bank notes that in the future coal will face big challenges. Changing the policy paradigm towards being environmentally friendly in various countries will make coal gradually abandoned. CNBC INDONESIA RESEARCH TEAM (twg)
Ke depan, bukan tidak mungkin tren ini bakal berlanjut. Bank Dunia memper-kirakan rata-rata harga batu bara tahun depan berada di US$ 57,8 per ton dan pada 2022 naik ke US$ 58 per ton. Naik dibandingkan proyeksi tahun ini yaitu US$ 57,2 per ton.
Akan tetapi, Bank Dunia memberi catatan bahwa ke depan batu bara akan meng-hadapi tantangan besar. Perubahan para-digma kebijakan ke arah ramah lingkungan di berbagai negara akan membuat batu bara lambat laun ditinggalkan. TIM RISET CNBC INDONESIA (twg)
Global Coal Demand Rebounds Next Year
Lukas Hendra TM
GLOBAL coal demand in 2021 is expected
to rebound, even if only in a short time.
After major declines in recent years, global
coal demand is expected to increase by
2.6% in 2021 before leveling off again in
2025.
The latest Coal report published by the
International Energy Agency (IEA) shows
that the global economic recovery in 2021
is expected to drive a short-term rebound
in coal demand, following this year's large
decline triggered by the Covid-19 crisis.
The IEA said there was little sign that
global coal consumption would decline
substantially in the coming years, with
increased demand in some Asian countries
offsetting declines elsewhere.
Permintaan Batu Bara Global Rebound Tahun Depan
Lukas Hendra TM
PERMINTAAN batu bara global pada 2021
diperkirakan akan pulih (rebound) meski hanya dalam waktu singkat. Setelah penurunan besar dalam beberapa tahun terakhir, permintaan batu bara global diperkirakan akan naik 2,6% pada 2021 sebelum mendatar kembali pada 2025.
Dalam laporan Batu Bara terbaru yang diterbitkan oleh Badan Energi Inter-nasional (International Energy Agency/ IEA) menunjukkan pemulihan ekonomi global pada 2021 diperkirakan akan men-dorong rebound jangka pendek dalam permintaan batu bara, menyusul penurunan besar tahun ini yang dipicu oleh krisis Covid-19.
IEA mengungkapkan ada sedikit tanda bahwa konsumsi batu bara dunia akan menurun secara substansial di tahun-tahun mendatang, dengan meningkatnya permintaan di beberapa negara Asia yang mengimbangi penurunan di tempat lain.
Daily News Update Page 14
Coal is by far the single largest source of global energy-related carbon emissions, the trends outlined in the report pose major challenges for efforts to put these emissions on a pathway to achieving sustainable climate and energy goals.
The report, published on Friday (18/12/ 2020), also shows that in the last two years, global coal demand has experienced a historic decline. The decline was due to the unprecedented weakness in the United States and Europe.
The IEA said the 1.8% decline in coal demand in 2019 was mainly due to weak electricity demand growth and low natural gas prices. The latest estimates from the IEA suggest that coal demand will fall a further 5% in 2020 due to the economic impact of Covid-19.
“The Covid-19 crisis has completely transformed the global coal market. Before the pandemic, we expected coal demand to pick up again in 2020, but we have witnessed the biggest decline in coal consumption since World War Two," said Keisuke Sadamori, IEA Director of Market and Energy Security, in his official statement, Friday (18/12/2020).
He added that the decline would be even sharper without a strong economic recovery in China, which is the world's largest coal consumer in the second half of this year.
Based on the assumption of world economic recovery, the IEA report predicts global coal demand to increase by 2.6% in 2021, driven by higher electricity demand and industrial output.
The economies of China, India and Southeast Asia are responsible for most of the growth, although the United States and Europe may also experience their first increases in coal consumption in nearly a decade.
Batu bara sejauh ini merupakan satu-satunya sumber emisi karbon terkait energi global terbesar, tren yang diuraikan dalam laporan tersebut menimbulkan tantangan besar bagi upaya untuk menempatkan emisi tersebut pada jalur yang sesuai untuk mencapai tujuan iklim dan energi berkelanjutan.
Laporan yang dipublikasikan pada, Jumat (18/12/2020), itu juga menunjukkan bahwa dalam dua tahun terakhir, permintaan batu bara global mengalami penurunan bersejarah. Penurunan tersebut disebabkan oleh pele-mahan yang belum pernah terjadi sebelumnya di Amerika Serikat dan Eropa.
IEA mengungkapkan penurunan 1,8% pada permintaan batu bara pada tahun 2019 terutama disebabkan oleh pertumbuhan permintaan listrik yang lemah dan harga gas alam yang rendah. Perkiraan terbaru dari IEA menunjukkan bahwa permintaan batu bara akan turun 5% lebih lanjut pada tahun 2020 karena dampak ekonomi dari Covid-19.
“Krisis Covid-19 telah mengubah sepenuhnya pasar batubara global. Sebelum pandemi, kami memperkirakan permintaan batu bara akan naik kembali pada tahun 2020, tetapi kami telah menyaksikan penurunan terbesar dalam konsumsi batu bara sejak Perang Dunia Kedua, "kata Keisuke Sadamori, Direktur Pasar dan Keamanan Energi IEA, dalam keterangan resminya, Jumat (18/12/2020).
Dia menambahkan penurunan akan lebih tajam lagi tanpa pemulihan ekonomi yang kuat di China yang merupakan konsumen batu bara terbesar di dunia pada paruh kedua tahun ini.
Berdasarkan asumsi pemulihan ekonomi dunia, laporan IEA memperkirakan permin-taan batu bara global meningkat 2,6% pada tahun 2021, didorong oleh permintaan listrik dan outputindustri yang lebih tinggi.
Ekonomi China, India, dan Asia Tenggara bertanggung jawab atas sebagian besar pertumbuhan, meskipun Amerika Serikat dan Eropa mungkin juga mengalami kenaikan konsumsi batu bara pertama mereka dalam hampir satu dekade.
Daily News Update Page 15
However, according to the IEA, global coal demand in 2021 is expected to remain
below 2019 levels and could even be lower if the reported assumptions for economic
recovery, electricity demand or natural gas prices are not met.
The surge in demand for coal in 2021 will
be short-lived, with coal use forecasted to
level off by 2025 at around 7.4 billion
tonnes.
However, although the share of coal in the
electricity mix and the overall energy mix
continues to decline, coal use in absolute
terms is unlikely to experience a rapid
decline any time soon.
"Renewable energy is on track to surpass
coal as the world's largest source of
electricity by 2025. And by that time,
natural gas is likely to overtake coal as the
second largest primary energy source after
oil," said Sadamori.
He assessed that with coal demand that is
still predicted to be stable or growing in
major Asian economies, there is no sign
that coal will disappear quickly.
The future of coal will be largely
determined in Asia. Currently, China and
India account for 65% of global coal
demand. Including Japan, Korea, Taiwan
and Southeast Asia, the share increases to
75%. China, which currently accounts for
half of the world's coal consumption, will
be very influential.
By 2025, the EU and the United States will
account for less than 10% of global coal
demand, down from 37% over 2000. This
will limit the impact of any further changes
in demand in this market. Editor: Lukas
Hendra TM
Namun, menurut IEA, permintaan batu bara global pada tahun 2021 diperkirakan masih akan berada di bawah level tahun 2019 dan bahkan bisa lebih rendah jika asumsi laporan untuk pemulihan ekonomi, permintaan listrik, atau harga gas alam tidak terpenuhi.
Lonjakan permintaan batu bara pada tahun 2021 akan berlangsung singkat, dengan per-kiraan penggunaan batu bara akan mendatar pada tahun 2025 sekitar 7,4 miliar ton.
Namun, meskipun pangsa batu bara dalam bauran listrik dan bauran energi secara keseluruhan terus menurun, penggunaan batu bara secara absolut tidak akan meng-alami penurunan yang cepat dalam waktu dekat.
“Energi terbarukan berada di jalur untuk melampaui batu bara sebagai sumber listrik terbesar di dunia pada tahun 2025. Dan pada saat itu, gas alam kemungkinan besar akan mengambil alih batu bara sebagai sumber energi primer terbesar kedua setelah minyak,” kata Sadamori.
Dia menilai dengan permintaan batu bara yang masih diperkirakan stabil atau tumbuh di negara-negara ekonomi utama Asia, tidak ada tanda bahwa batu bara akan menghilang dengan cepat.
Masa depan batubara sebagian besar akan ditentukan di Asia. Saat ini, Cina dan India menyumbang 65% dari permintaan batu bara global. Dengan memasukkan Jepang, Korea, Taiwan dan Asia Tenggara, pangsa itu meningkat menjadi 75%. China, yang saat ini menyumbang setengah dari konsumsi batu bara dunia, akan sangat berpengaruh.
Pada 2025, Uni Eropa dan Amerika Serikat akan menyumbang kurang dari 10% dari permintaan batu bara global, turun dari 37% dibanding tahun 2000. Hal ini akan membuat dampak dari setiap perubahan lebih lanjut dalam permintaan di pasar ini menjadi sangat terbatas. Editor : Lukas Hendra TM
Daily News Update Page 16
Empowering Communities to Face Pandemic Period - Adaro
Develops Green, Healthy and Sustainable Villages
By: Ahmad Nabhani
HELP the community in facing the Covid-19 pandemic, PT Adaro Indonesia has succeeded in developing a green, healthy and sustainable village in Kambitin Village, Tabalong Regency, South Kalimantan.
"The pandemic period that has lasted since early 2020, has had a major impact on the company's efforts to carry out social responsibility programs. company. But at the same time it encourages innovation to ensure that the company's commitment to empowerment to the community and the environment can continue,” said PT Adaro Indonesia's Department Head, Leni Marlina in a press release in Tanjung, Tabalong Regency, yesterday.
She conveyed, the innovation made by the company, among others, by providing direct coaching through online assistance. From the innovations and mentoring carried out, he added, resulted in the "Mbah Asri" program, namely Green, Healthy, and Sustainable Village in Kambitin.
Through this program, people can more easily access clean water, manage domestic waste and use the home page for vegetable gardens, freshwater fisheries and animal husbandry. "Through this program, it was also able to help people meet food availability during the Covid-19 pandemic," she said.
Apart from that, the community was also invited to change their mindset from the habit of rubber farmers using TSP fertilizer and soaking rubber in the river. Currently,...
Berdayakan Masyarakat Hadapi Masa Pandemi - Adaro
Kembangkan Kampung Hijau, Sehat dan Lestari Oleh: Ahmad Nabhani
BANTU masyarakat dalam menghadapi
masa pandemi Covid-19, PT Adaro Indonesia berhasil mengembangkan kampung hijau, sehat dan lestari di Desa Kambitin Kabupaten Tabalong, Kalimantan Selatan.
”Masa pandemi yang berlangsung sejak awal 2020, berpengaruh besar terhadap upaya perusahaan dalam menjalankan program tanggung jawab sosial perusahaan. Namun sekaligus mendorong inovasi guna me-mastikan bahwa komitmen pemberdayaan perusahaan kepada masyarakat dan l ingkungan, bisa terus berjalan,” kata Department Head PT Adaro Indonesia, Leni Marlina dalam siaran persnya di Tanjung, Kabupaten Tabalong, kemarin.
Disampaikannya, inovasi yang dilakukan perseroan antara lain dengan melakukan pembinaan secara langsung melalui pendam-pingan daring. Dari inovasi dan pendampingan yang dilakukan, tambah dia, menghasilkan program "Mbah Asri", yaitu Kampung Hijau, Sehat, dan Lestari di Kambitin.
Melalui program ini, masyarakat bisa lebih mudah mengakses air bersih, mengelola sampah domestik dan memanfaatkan hala-man rumah untuk kebun sayur, perikanan air tawar dan peternakan. ”Melalui program ini, ternyata juga mampu membantu masyarakat dalam memenuhi ketersediaan pangan pada masa pandemi Covid-19," katanya.
Selain itu, masyarakat juga diajak mengubah pola pikir dari kebiasaan petani karet meng-gunaan pupuk TSP dan merendam karet di sungai. Saat ini,..
Daily News Update Page 17
Currently, Sungai Kihung Lestari Cooperative has been able to produce
Ecodeurub which is used as an environ-mentally friendly rubber thickening
material. Meanwhile, to support the government in reducing the number of
Covid-19 transmission, PT Adaro has also launched the "Acil Proker" program, which
is an action to love Indonesia for the production of masks.
Through this program, currently more than
36 thousand masks with three layers have been produced by LKP Sahabat which
embraces the tailoring community in Balangan. These masks are produced from
leftover cloth from sasirangan and sewing businesses. This business activity is able to
maintain the survival of the tailoring community in Balangan.
In addition, Adaro is also fighting for
Indonesia in handling the Covid -19 pandemic as a form of commitment to
corporate responsiveness in tackling the pandemic. Adaro's total donation
commitment for handling Covid-19 is Rp 58.5 billion for the procurement of masks,
PPE, ventilators, ambulances, and building 2 PCR laboratories.
”Adaro strives with the community to always work together with the government
in handling Covid-19 in Indonesia. In conditions like this we must work together,
synergize with all parties and this award is a concrete form of participation and
contribution of all parties," said Leni Marlina.
Saat ini, Koperasi Sungai Kihung Lestari
telah mampu memproduksi Ecodeurub
yang digunakan untuk bahan pengentalan
karet yang ramah lingkungan. Sementara
itu, mendukung pemerintah dalam
menekan angka penularan Covid-19, PT
Adaro juga meluncurkan program "Acil
Proker", yaitu aksi cinta Indonesia
produksi masker.
Melalui program tersebut, saat ini lebih
dari 36 ribu masker dengan tiga lapis telah
dihasilkan oleh LKP Sahabat yang merang-
kul komunitas penjahit di Balangan.
Masker ini diproduksi dari kain sisa hasil
usaha sasirangan dan menjahit. Kegiatan
usaha itu mampu mempertahankan
keberlangsungan hidup para komunitas
penjahit di Balangan.
Selain itu, Adaro juga berjuang untuk
Indonesia dalam penanganan pandemi Covid-19 sebagai bentuk komitmen
responsitas perusahaan dalam penang-gulangan pandemi. Total komitmen donasi
Adaro untuk penanganan Covid-19 adalah Rp58,5 miliar untuk pengadaan masker,
APD, alat ventilator, mobil ambulan, sampai membangun 2 laboratorium PCR.
”Adaro berjuang bersama masyarakat untuk selalu bersinergi dengan pemerintah
dalam penanganan Covid-19 di Indonesia. Dalam kondisi seperti ini kita harus
bersama-sama, bersinergi dengan semua pihak dan penghargaan ini merupakan
bentuk nyata partisipasi dan kontribusi semua pihak," ujar Leni Marlina.
Daily News Update Page 18
Bumi Resources (BUMI) won the gold rank in the 2020 ASRRAT
event Reporter: Khomarul Hidayat | Editor:
Khomarul Hidayat
PT BUMI Resources Tbk (BUMI) again
won the gold rank award for the third time
in a row in the Asia Sustainability Reporting Rating (ASRRAT) 2020 event
from the National Center For Sustainability Reporting (NCSR) in collaboration with the
Institute of Certi fied Sustainability Practitioners (ICSP). The award was given
online last Wednesday (16/12).
This achievement that has been
successfully maintained by BUMI in three consecutive years is a manifestation of
BUMI's commitment to the adoption of good world reporting standards in the
environmental, social and governance (ESG) areas as one of the company's
strategic aspects.
This Gold Rank award was given for
BUMI's 2019 sustainability report with the title Enhancing Commitment to Advancing
Sustainability. This Sustainability Report is a report for the 4th year that has been
carried out from 2016.
BUMI is one of the 44 best companies from Indonesia, Singapore, the Philippines and
Bangladesh that received the Gold Rank award.
ASRRAT itself is a place to evaluate the suitability of a sustainability report based
on the world's leading standards, namely the Global Reporting Initiative (GRI), which
is an annual award that started in 2005.
Bumi Resources (BUMI) raih peringkat emas dalam ajang
ASRRAT 2020 Reporter: Khomarul Hidayat | Editor:
Khomarul Hidayat
PT BUMI Resources Tbk (BUMI) kembali
meraih penghargaan peringkat emas (gold rank)
yang ketiga kali berturut-turut dalam ajang Asia
Sustainability Reporting Rating (ASRRAT) 2020
dari National Center For Sustainability Reporting (NCSR) bekerjasama dengan Institute of Certified Sustainability Practitio-ners (ICSP). Pemberian penghargaan dilaku-kan secara daring pada Rabu lalu (16/12).
Prestasi yang berhasil dipertahankan BUMI dalam tiga tahun berturut-turut ini menjadi wujud komitmen BUMI dalam hal adopsi standar pelaporan dunia yang baik pada area lingkungan, sosial dan tata kelola (environ-mental, social, and governance/ESG) sebagai salah satu aspek strategis perusahaan.
Penghargaan Gold Rank ini diberikan untuk laporan berkelanjutan (sustainability report) 2019 BUMI dengan judul Peneguhan Komitmen Demi Mewujudkan Keberlanjutan (Enhancing Commitment to Advancing Sustainability). Laporan Berkelanjutan ini adalah laporan untuk tahun ke-4 yang sudah dilakukan dari tahun 2016.
BUMI merupakan salah satu dari 44 per-usahaan terbaik dari Indonesia, Singapura, Filipina, dan Bangladesh yang menerima penghargaan Gold Rank.
ASRRAT sendiri adalah ajang penilaian kesesuaian sebuah laporan keberlanjutan (sustainability report) berdasarkan standar terkemuka dunia, yakni Global Reporting Initiative (GRI), yang merupakan penghargaan tahunan yang dimulai dari tahun 2005.
Daily News Update Page 19
Assessment of sustainability reports is carried out by the Institute of Certified Sustainability Practitioners (ICSP).
Saptari Hoedaja, President Director of Bumi Resources is happy with the Gold Rank award for the third consecutive year in the Asia Sustainability Reporting Rating (ASRRAT) 2020 event.
From BUMI's perspective, sustainability strategies and the application of ESG are the main focus in efforts to create business growth synergies, in line with the imple-mentation of environmental and social responsibility to support the achievement of the SDGs and in order to foster a climate of transparency and openness in information related to investment and business.
"This award will motivate us to do even better in the future," he said.
Penilaian atas laporan keberlanjutan dilakukan oleh Insti tute of Certified Sustainability Practitioners (ICSP).
Saptari Hoedaja, Presiden Direktur Bumi Resources bahagia atas penghargaan Gold Rank yang ketiga berturut-turut dalam ajang Asia Sustainability Reporting Rating (ASRRAT) 2020.
Dari perspektif BUMI, strategi keberlan-
jutan serta penerapan ESG menjadi fokus
utama dalam upaya menciptakan sinergi
pertumbuhan bisnis, selaras dengan pelak-
sanaan tanggung jawab lingkungan dan
sosial untuk mendukung pencapaian SDGs
serta dalam rangka menumbuhkan iklim transparansi dan keterbukaan dalam infor-
masi terkait investasi dan bisnis usaha.
"Penghargaan ini memacu kami untuk melakukan yang lebih baik lagi dimasa depan,” ujarnya.
Predicted Iron Ore Price Will Be Corrected Again
Lorenzo Anugrah Mahardhika
IRON ore price rally which reached US$
160 per metric ton is considered unsustainable and is predicted to be corrected again after the rally supported by speculation by market participants ended.
Reporting from Bloomberg on Sunday (20/12/2020), iron ore prices have increased in the past month. The price of the basic material for steel-making also recorded the highest increase in 9 years and perched above the level of US$ 160 per metric ton.
The iron ore price rally is due to the ongoing economic recovery in China. On the other hand,...
Harga Bijih Besi Diprediksi Akan Kembali Terkoreksi
Lorenzo Anugrah Mahardhika
RELI harga bijih besi yang mencapai
US$160 per metrik ton dinilai tidak ber-kelanjutan dan diprediksi akan kembali terkoreksi setelah reli yang ditopang oleh spekulasi oleh para pelaku pasar berakhir.
Dilansir dari Bloomberg pada Minggu (20/12/2020), harga bijih besi telah naik dalam periode sebulan terakhir. Harga komoditas bahan dasar pembuatan baja tersebut juga sempat mencatatkan kenaikan tertinggi dalam 9 tahun dan bertengger diatas level US$160 per metrik ton.
Reli harga bijih besi disebabkan oleh pemulihan ekonomi di China yang terus berjalan. Di sisi lain,...
Daily News Update Page 20
On the other hand, the supply of this commodity is limited in line with the high demand from the Panda Country.
Meanwhile, this price hike prompted the association to ask the Chinese government to intervene in order to brake further increases. In addition, the Dalian Commodity Exchange (DCE) has also tightened trading rules in order to reduce the number of speculators.
Luo Tiejun, Deputy Chairman of the China Iron and Steel Association, said that iron ore prices are expected to go into a downward trend after the market digests and embodies the current price speculation.
"The increase in the price of iron ore and coking coal will also increase the price of steel and will reduce the profits of factories significantly," he said at the Mystell Global conference in Shanghai, Saturday.
Lou repeated the association's request to the Panda Country government to devise a new pricing mechanism for iron ore. He also called on the trade authorities to increase surveillance on the iron ore market in the future.
Meanwhile, a report from Mysteel stated that iron ore prices will reach their highest point in the next quarter I/2021 before falling again due to the increase in the amount of supply to China. Iron ore prices are predicted to be in the range of US$ 110 to US$ 120 per metric ton in 2021, higher than this year's projection of US$ 109 to US$ 110 per metric ton.
Meanwhile, the Commodity Market Outlook report released by the World Bank states that iron ore prices have shot up 25 percent in the third quarter of 2020. This rally occurs after the gradual increase that occurred in the previous two quarters.
Di sisi lain, pasokan komoditas ini terbatas seiring dengan permintaan yang tinggi dari Negeri Panda tersebut.
Adapun, lonjakan harga ini membuat asosiasi terkait meminta pemerintah China untuk melakukan intervensi guna mengerem kenaikan lebih lanjut. Selain itu, Bursa Komo-ditas Dalian (Dalian Commodity Exchange/ DCE) juga telah memperketat aturan perda-gangan guna menekan jumlah spekulan.
Luo Tiejun, Wakil Ketua Asosiasi Besi dan Baja China mengatakan, harga bijih besi diperkirakan akan menuju tren penurunan setelah pasar mencerna dan mewujudkan spekulasi harga yang saat ini terjadi.
“Kenaikan harga bijih besi dan batu bara coking akan ikut melambungkan harga baja dan akan menekan keuntungan pabrik-pabrik secara signifikan,” katanya dalam konferensi Mystell Global di Shanghai, Sabtu kemarin.
Lou mengulangi permintaan asosiasi kepada pemerintah Negeri Panda itu untuk merancang mekanisme penentuan harga terbaru untuk bijih besi. Dia juga meminta otoritas perdagangan untuk meningkatkan pengawasan pada pasar bijih besi di masa depan.
Sementara itu, laporan dari Mysteel menye-butkan, harga bijih besi akan mencapai titik tertingginya pada kuartal I/2021 mendatang sebelum kembali turun karena kenaikan jumlah pasokan ke China. Harga bijih besi diprediksi berada di kisaran US$110 hingga US$120 per metrik ton pada 2021, lebih tinggi dibandingkan proyeksi tahun ini sebesar US$109 hingga US$110 per metrik ton.
Adapun, laporan Commodity Market Outlook yang dirilis Bank Dunia menyebutkan, harga bijih besi telah melesat 25 persen pada kuartal III/2020. Reli ini terjadi setelah kenaikan secara perlahan yang terjadi pada dua kuartal sebelumnya.
Daily News Update Page 21
The report stated that the increase in iron ore prices was supported by a stable level of demand from China. The country, which controls two-thirds of the global iron ore trade, needs supplies of iron ore to produce steel.
On the other hand, the corona virus pandemic has also contributed to the increase in iron ore prices. This causes production at the iron ore-producing company, Vale SA, to be hampered which also impacts the transportation process for export.
"This obstacle was also added to by the tightening of regulations carried out by the Brazilian government after the breakdown of the Brumadinho Dam in 2019," read the excerpt from the report.
The World Bank continued, in the production recovery stage, the increase in iron ore supply from Brazil is unlikely to occur in the short term. Iron ore prices are expected to remain strong this year and will increase by 7 percent compared to 2019.
"The price of iron ore is likely to be corrected 2 percent in 2021 along with the recovery of supply from Brazil," the research quote said. Editor: Ropesta Sitorus
Laporan tersebut menyatakan, kenaikan harga bijih besi ditopang oleh tingkat permintaan yang stabil dari China. Negara yang menguasai dua pertiga dari perda-gangan bijih besi global tersebut mem-butuhkan pasokan bijih besi guna mem-produksi baja.
Di sisi lain, pandemi virus corona juga turut berandil dalam kenaikan harga bijih besi. Hal tersebut menyebabkan produksi pada perusahaan penghasil bijih besi, Vale SA, terhambat yang turut berimbas pada proses transportasi untuk ekspor.
"Hambatan ini juga ditambah dengan pengetatan regulasi yang dilakukan pemerintah Brazil setelah jebolnya Bendungan Brumadinho pada 2019 lalu," demikian kutipan laporan tersebut.
Bank Dunia melanjutkan, dalam tahapan pemulihan produksi, kenaikan pasokan bijih besi dari Brazil kemungkinan tidak akan terjadi dalam jangka pendek. Harga bijih besi diperkirakan tetap menguat pada tahun ini dan akan menguat 7 persen dibandingkan dengan posisi tahun 2019.
"Harga bijih besi kemungkinan akan terkoreksi 2 persen pada 2021 mendatang seiring dengan pemulihan pasokan dari Brazil," demikian kutipan riset tersebut. Editor : Ropesta Sitorus
Australia forecasts drop in coal output under pressure from Chinese curbs Reuters
AUSTRALIA’s coal producers may have to start cutting output if China maintains limits on
imports from them, the Australian government said on Monday, forecasting a sharp fall in coal export revenue this year.
China is the second-biggest buyer of Australia’s thermal coal burned in power plants and metallurgical coal used to make steel.
Daily News Update Page 22
But Australia’s coal exports have been hit by delays at Chinese ports and prices have fallen amid a growing row between the two countries, after Australia called for an enquiry into the origins of the novel coronavirus pandemic.
“The bottom line for Australian coal producers is lower profitability and the likelihood of production cuts the longer the Chinese restrictions remain in place,” the Australian Department of Industry said in its quarterly resources and energy outlook.
Chinese media on Monday reported that China’s top economic planner had granted approval to power plants to import coal without clearance restrictions, except from Australia.
China’s foreign ministry spokesman later said he was not aware of the situation but the competent authority had been adopting relevant measures on goods imported from Australia.
Metallurgical coal export revenue is expected to slump 35% to A$22 billion ($17 billion) in the year to June 2021 from a year earlier, the Department of Industry said in its report.
The forecast is A$1 billion lower than the previous outlook in September, as prices for Australia’s metallurgical coal fell in the December quarter. Volumes are expected to fall around 5%.
“The recovery of Australian metallurgical coal prices will largely depend on Chinese government policy and signals,” the department said.
Thermal coal export revenue is forecast to drop 29% to A$15 billion, in line with its previous outlook.
Volumes are expected to fall nearly 7% to 199 million tonnes after suffering their largest quarterly fall in the September quarter since records dating back to 1988, the department said.
Nevertheless, the government raised its outlook for total resources and energy exports for the year to June 2021 to A$279 billion, up 9% from its September outlook, thanks to soaring iron ore prices.
Iron ore export revenue is expected to climb to a record high of A$123 billion, up 20% on last year, supported by strong Chinese demand and supply problems in Brazil. ($1 = 1.32 Australian dollars) (Reporting by Sonali Paul. Editing by Karishma Singh).
Rio Tinto updates Oyu Tolgoi production deadline Salomae Haselgrove
RIO Tinto expects to commence underground production at the Oyu Tolgoi copper-gold
project in Mongolia by October 2022.
Oyu Tolgoi will be mined in panel sections, including Panel 0, Panel 1 and Panel 2, for orderly extraction of copper.
Daily News Update Page 23
The news comes as the mining giant has unveiled a pathway for the ongoing development of the Mongolian site, including a definitive production timeline estimate for Panel 0, where production will take place.
Rio Tinto has revised the timeframe to include the known and forecasted impacts of the COVID-19 pandemic on Mongolia.
The company has also revised the budget for Panel 0 to $US6.75 billion ($8.9 billion).
This timeline would see Oyu Tolgoi become the world’s fourth largest copper mine by year 2030.
Rio Tinto, the Government of Mongolia and Turquoise Hill are now working to finalise three further milestones: the outstanding government approvals, funding and a power solution.
Once finalised, they will ensure caving operations can commence at Oyu Tolgoi next year, unlocking the most valuable part of the mine.
Panels 1 and 2, which will be necessary to the proposed ramp-up to 95,000 tonnes of ore per day are subject to further studies with the initial recommendations expected by mid-2021.
The studies will consider options and costs to recover copper contained within the pillars added to the Panel 0 mine design.
“We now have a pathway to bring the underground project into production,” Rio Tinto chief executive of copper and diamonds Arnaud Soirat said.
“We will continue to work together with the Government of Mongolia and Turquoise Hill Resources to progress the project, including finalising all necessary approvals and agreeing a solution on power and funding.”
Oyu Tolgoi is expected to produce 480,000 tonnes of copper per year from 2028 to 2036 from its open pit and underground operations.
This compares with the 146,300 tonnes that were produced from the open pit in 2019.
The underground ore reserve has an average copper grade of 1.53 per cent, three times that of the open pit ore reserve of 0.31 grams per tonne of gold, providing the project with additional expansion options.
Chile's Antofagasta agrees copper charges for 2021; Codelco to follow
- sources By Tom Daly
CHILEAN miner Antofagasta Plc has agreed to supply copper concentrate to smelters in
China and Japan at treatment and refining charges (TC/RCs) of $59.50 per tonne and 5.95 cents per lb in 2021, two sources with knowledge of the matter said. Chile's state-owned Codelco, which is the world's biggest producer of mined copper, will also offer customers supply at those rates for next year, according to two separate sources.
Daily News Update Page 24
The charges, which are paid by miners to smelters to process copper ore into refined metal, are the same as those agreed by Freeport-McMoRan Inc and Chinese smelters on Monday in
the first miner-smelter settlement of the mating season, cementing $59.50 per tonne as the TC benchmark for next year.
The annual benchmark is referenced in supply contracts worldwide, playing a significant role
in determining the profitability of both miners and smelters. It was as high as $107 a tonne in 2015 but has now fallen for six years in a row to its lowest since 2011 as smelting capacity in
top copper consumer China expands and mine supply tightens, meaning smelters have to accept lower terms to ensure they have enough feedstock.
Antofagasta first settled with Japanese smelters this week and then with Chinese customers
including Jiangxi Copper and Tongling Nonferrous' Jinlong smelter, one of the sources said. All the sources declined to be identified as they were not authorised to speak to media.
Antofagasta and Freeport did not immediately respond to requests for comment. Jiangxi Copper and Tongling Nonferrous did not immediately respond to a request for comment
outside normal business hours.
(Reporting by Tom Daly; Editing by Susan Fenton)
Russian coal producers ready to withdraw Australian rivals from China
Published by Simon Matthis
LEADING Russian coal producers plan to significantly increase their supplies to the Chinese
market within the next several months – in a move to increase their share in the local market,
which experiences a boom, thanks to the recovery of industrial activities in the country.
As part of this, Elgaugol, a Russian coal producer, which develops the largest coking coal
deposit in Russia, has already announced the establishment of a joint venture with the
Chinese shipping operator GH-Shipping, with the aim to increase its supplies to the Chinese
market from the current 1 million tonnes to 30 million tonnes by 2023, and even 50 million
tonnes in due course.
According to analysts, currently Russian coal miners try to take advantage of the ongoing
tensions between China and Australia. The fact that China has almost officially banned
imports of Australian coal has been recently confirmed by the Chinese The Global Times
paper in its report. In accordance to the report, the Chinese State Committee for Development
and Reforms (SCRD) held a meeting last weekend with representatives of ten largest Chinese
energy companies, where they were informed that they can freely import coal without
customs restrictions from any country except Australia. By: Eugen Gerden
Daily News Update Page 25
Queensland coal export values to tumble, some mines may close John McCarthy
THE FEDERAL Government has forecast a massive downturn in export revenue from the coal sector with the potential for high-cost mines to close as global demand for steel shrinks.
In its December quarter report, the chief economist of the Department of Industry, Science, Energy and Resources said metallurgical coal exports were forecast to fall by $26 billion from $48 billion in 2019-20 to $22 billion in 2020-21 and recover to $27 billion in 2021-22.
And it warned that the La Nina weather pattern could restrict exports further if central Queensland mines were affected by flooding.
“The overriding risk to the outlook for prices is a scenario in which China’s informal import restrictions on Australian coal extends beyond the end of the quarter and into 2021,” the report said.
“In such a scenario, prices would stay low for longer, as Australian exporters take time to adjust. Australian exporters in this scenario will need to find customers in other countries to buy up to 3–4 million tonnes a month of metallurgical coal, and as other exporting countries have to redirect 3–4 million tonnes a month to China to meet the needs of its growing steel industry.
“China’s steel industry would likely face a particular challenge in obtaining the higher-grade hard coking coals in sufficient quantities. Indications of coal trade realignment started in the December quarter, with additional Australian cargoes delivered to Indian ports and other Asian customers in response to uncertainty regarding Chinese policy.
“To fill the gaps caused by restricting Australian coal, other exporters such as Canada’s Teck Resources are diverting sales to China where possible.”
The report said export volumes were expected to decline due to lower global demand for metallurgical coal, with some Australian miners announcing production cutbacks or temporary closures, and the potential for further announcements to follow given the disruption caused by Chinese import restrictions.
“However, there are a number of factors that reduce the risk of widespread mine closures in Australia. These include ‘take-or-pay’ contracts with rail and port operators, contracted export sales, and the costs associated with moving to care and maintenance.
“About two-thirds of Australian metallurgical coal exports are hard coking coal, while the remaining third is composed of pulverized coal for injection (PCI) and semi-soft coking coal.
“Most Australian HCC producers appear to be relatively well-positioned at current spot prices. Semi-soft coking coal and PCI miners seem to be at higher risk of operating losses.
“Some mines — like Bluff PCI Mine in the Bowen Basin — have gone into ‘care and maintanence’ citing their intention to halt production ‘while the coal price remains below economic levels and uncertainty remains regarding Chinese Government policy relating to Australian metallurgical coal imports’. On 19 November 2020, that mine’s contracted operator, MACA, called in receivers to commence debt recovery against the owner.
Daily News Update Page 26
The report said a recovery in world economic activity and news of a potential COVID-19 vaccine had improved the outlook for Australia’s energy and resource commodity exports from its last report in September.
“Total resource and energy exports are forecast to reach $279 billion in 2020–21, supported by record high iron ore and gold prices, as well as price recovery in base metals. This strength is driven by tight iron ore markets and safe haven demand for gold in uncertain economic times,’’ it said.
“Going forward, recovering world supply and stabilising economic conditions are expected to see both iron ore and gold prices retreat, leading to a fall in export earnings. In 2021–22, resources and energy exports are forecast to be $264 billion.
“LNG spot prices have been restored and oil prices have stabilised, however export earnings for both commodities are forecast to fall, before partial recoveries in 2021–22. After a tumultuous 2020, ongoing low price pressure and reduced volumes are expected to weigh thermal coal exports over the outlook period.’’
The report said coal producers had already started cutting back production.
Global coal demand peaked seven years ago, says International Energy Agency
By business reporter Gareth Hutchens
AUSTRALIA's trade relationship with China is struggling as the year winds down.
China has slapped trade restrictions on a range of Australian imported goods including wine, barley, meat, lobster — and most recently, coal.
Australia's coal producers are nervously watching the latest developments, because our coal exports to China were worth $14 billion in 2019.
International Energy Agency officials are monitoring the dispute closely, too.
They say it has compounded uncertainty in the coal trade.
The Office of Australia's Chief Economist is now forecasting a decline in the total value of our global coal exports of nearly $20 billion in 2020-21, which would follow a decline of $14.6 billion in 2019-20.
If its forecasts are correct, it means the value of Australia's coal exports will have practically been cut in half in the space of two years — from $70 billion to $36.7 billion since mid-2019.
It is also warning that intentions by governments across Europe and Asia to cut emissions in coming decades do not bode well for Australia's coal exporters in the long-term.
Late last week, the International Energy Agency released its "Coal 2020" report with forecasts for global coal markets out to 2025, which told a similar story.
Daily News Update Page 27
According to the IEA, global coal demand probably peaked seven years ago — in 2013 — at just over 8 billion tonnes and, despite a forecast pick-up in demand next year as economies rebound from the coronavirus lockdowns, global demand for coal is forecast to "flatten out" over the next five years at around 7.4 billion tonnes.
"In China, coal demand is reaching a plateau, although our 2025 forecast will need to be reviewed following the release of the Chinese Government's 14th Five-Year plan," the IEA report said.
"Globally, construction of new coal-fired power plants is in decline; other than those currently under construction, few new plants are expected to be built other than in China.
"Unless there are unforeseen developments that significantly boost coal demand in emerging Asian economies and China, it is likely that global coal demand peaked in 2013 at just over 8 billion tonnes."
Why did coal demand peak seven years ago?
According to the IEA's latest report, there are multiple factors dragging down long-term coal demand.
It says global coal consumption is estimated to have fallen by 7 per cent between 2018 and 2020 (worth over 500 million tonnes), and a decline of that size over a two-year period "is unprecedented in IEA records, which go as far back as 1971."
It says the fall-out from the coronavirus shutdowns played an important role, but there are larger dynamics at play.
It says coal use in the United States and European Union has been in structural decline for years.
In the US, the shale revolution has seen gas replace coal as the preferred fuel for power generation.
Between 2011 and 2019, 49 gigawatts of coal-fired generation capacity in the US were retired, 14 GW were converted to burn gas, and 15 GW were replaced with gas combined-cycle technology.
In 2019 alone, coal-fired power generation in the US decreased more than 16 per cent to 1,056 terawatt hours, the largest percentage decline in the country's history and to its lowest level since 1978.
In the European Union, the cost-competitiveness of gas has been increasingly supported by rising prices for CO2 emissions under the EU's emissions trading system.
According to the IEA, the combined coal consumption of the US and European Union now represents just 10 per cent of global coal use.
What about coal demand in Asia?
IEA officials say coal demand has obviously been increasing in the Asia-Pacific region in recent years, driven by China and India, but not by enough to offset the declines in Europe and the US.
Daily News Update Page 28
In India, 2019 was the first year in four decades in which coal-fired power generation declined, reflecting the country's economic slowdown, its above-average hydropower output and its expanding wind and solar PV capacity.
In China, coal demand is "reaching a plateau," according to the IEA, and "climate change policies, reinforced by the announcement of carbon neutrality before 2060, are reducing the share of coal in the energy mix by promoting energy efficiency as well as generation based on nuclear, wind, solar, hydro, and gas sources."
"Although China's sheer scale and growing demand make it difficult to rein in coal consumption, coal's share in the energy mix has been falling every year for the past decade and the country's policies aim to sustain this decline," the IEA report says.
What else does the IEA report say about Australia?
IEA officials are monitoring Australia's trade tensions with China.
They say Australia wasn't the only country to face import restrictions from China this year, but the restrictions on Australia's coal were increasing uncertainty in the near-term for the global coal trade.
"In the first half of 2020, thermal coal production in Australia was boosted by high demand from China," the report says.
"However, exports to China declined in the second half of the year as import quotas tightened and customs clearance of Australian-origin coal became more difficult.
"If difficulties of Australian coal exports to gain access to Chinese markets persist, unusual coal flows could become the new normal in 2021."
