Indonesia Pushing to Strengthen Coal Industry

Australian mining reported that Indonesia is struggling to consolidate the coal industry by merging operations, even as the market continues to decline.

As quoted in the market news,

There are reportedly around 960 coal mining companies in Indonesia, however around 900, all IUPs, produce only about 20 per cent of the nation’s total output.

These operations also have issues regarding overlapping permits and unpaid royalty payments.

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