Indonesia








Energy Markets

Environment

Environment

Rain hampers search for 32 missing after Indonesia landslide, as death toll reaches 34

The disaster mitigation agency said 'on Wednesday that rain is hampering the search of 32 people who are still missing, five days after the landslide in West Java, Indonesia. Heavy rains began a day before, which triggered the landslide that hit Pasir Langu early Saturday morning in Bandung Barat. Muhammad Rifal Firmansyah's brother, 14, is among those who are missing. Rifal spent 'the past four days digging through the mud and rock and showing rescuers photos of his father, mother and brother. His mother and father were found dead Tuesday, but his brother is still missing. His aunt confirmed that...

Environment

Vietnam trade is tepid due to farmers holding back their sales. Indonesia premiums are rising.

The coffee trade in Vietnam was subdued on Thursday, as farmers held off sales in anticipation of higher prices. However, exporters were rushing to meet their delivery obligations as the demand increased. Premiums in Indonesia also rose. Farmers in the Central Highlands sold beans for 97,500 to 98.200 dong per kilogram ($3.71 to 3.74). As of Wednesday's closing, Robusta coffee delivered in March was down $68 to $3,939 per kg. A trader in the coffee belt stated that "demand is high as exporters have resumed their activities after the holidays. However, supply is limited." The trader said that farmers are...

Environment

Four people are still missing after flash floods hit Indonesia's North Sulawesi

An official confirmed on Tuesday that at least 14 people had been killed by flash floods which swept through North Sulawesi in Indonesia. The search for those who are missing continues. Nuriadin Gumeleng is a local rescue agency spokesperson. He said that heavy rains early Monday morning caused 'flash floods' on the island Siau. Gumeleng said that 16 rescuers were deployed on Tuesday to find four people still missing. He added that 18 people have been injured. He said, "We will continue to collect data from the local residents in the event that there are still more missing persons." Gumeleneg...

Climate Change

Researchers say that climate change is a major factor in the deadly November Asian storms.

Scientists said that the storms which devastated Sri Lanka in late November, Indonesia, Malaysia, and Thailand were'supercharged' by increased sea temperatures, and made worse by rapid forest destruction, according to a new study. Tropical Cyclone Senyar, which formed in the Malacca Strait and devastated Southeast Asia, killed nearly 1,200 people, 969 of whom were on Sumatra, an island in Indonesia. For the damages to be repaired, at least $3 billion is needed in relief funds. Sri Lanka has been hit by flooding and landslides due to Tropical Cyclone Ditwah. The death toll is over?600, and the economic losses are estimated...

Environment

Orangutans in danger as Indonesia floods destroy habitat

Amran Siagian (39), a resident of Sipirok in North Sumatra province, met Tapanuli Orangutans frequently on a hill. Siagian who has been working at the Orangutan Center (OIC), as a ranger, to protect this endangered animal for at least five year, recalls that the orangutans loved eating durians and other fruits grown in the surrounding area. Orangutans have disappeared from Sipirok after the landslides. As of Tuesday, 962 people had died from the cyclone-induced flooding and landslides. 291 are still missing. Storms in southern Thailand and Malaysia also claimed the lives of?about 200 other people. "They must have gone further...

Pollution

Indonesia names a Chinese metal company executive as a suspect in contaminated radioactive material case

Indonesian authorities named the director of a scrap-metal company on Thursday as a suspect. They accused the firm of breaking environmental laws regarding storage and disposal. A local company, also located in the Modern Cikande Industrial Estate in Jakarta, detected the caesium-137 contamination in shrimps shipped to the United States by a local firm in August. Indonesia then began conducting sweeping scans in that area. Indonesia's Government has said that PT Peter Metal Technology, a factory owned and operated by foreign investors which ceased operation in July was the epicenter of radioactive contamination. Police said that PT PMT director Lin...

Environment

Sumatra flooding leaves 800 dead, Indonesia vows action against any violations of mining permits

Indonesia will revoke mine permits if it is found that companies have violated the rules in flood-ravaged Sumatra, said the Energy Minister as questions about deforestation's role in the disaster intensified. According to data from the government, cyclone-induced flooding and landslides in West Sumatra have killed 800 people and left 564 others missing. The cyclones have also caused the deaths of almost 200 people across Malaysia and Thailand. They followed months with deadly weather conditions in Southeast Asia including deadly typhoons that hit Vietnam and the Philippines. Landslides in Indonesia have blocked roads and cut off power, making it difficult...

Oil & Gas

Fuel and funds to aid flood-hit Indonesian areas are running low

The authorities battling the floods that hit Sumatra, an island in Indonesia, this week and killed around 800 people have asked for additional central government assistance to address shortages of food, fuel and funds. According to updated government figures, 463 people are missing in West Sumatra (North Sumatra), Aceh and West Sumatra. Local officials say that the lack of power and roads is preventing aid from reaching those who need it. Iskandar Al-Farlaky, the chief of East Aceh, stated that fuel had been limited in East Aceh for days and that aid was delivered by boat. Some people who lived...

Environment

Fuel and funds to aid flood-hit Indonesian areas are running low

The authorities battling the floods that hit Indonesia's Sumatra island this week, which killed 804 people, have asked for more help from the central government to address shortages in funds, fuel and food. Local government officials say that landslides and floods caused by cyclones have led to 634 deaths in the three provinces West Sumatra (North Sumatra), Aceh and West Sumatra. They also claim that power lines and roads were cut, preventing aid from reaching those who needed it. Teuku Raja Keumangan told Kompas TV that "people are getting sick" in Aceh where flooding has affected 25,000 people. Haili Yogi,...

Environment

Indonesian town burys its dead in mass graves as flood toll increases

Families in Indonesia gathered on Friday at a Batang Toru health centre, hoping to hear news of missing loved ones. Locals were digging a mass grave for seven victims who had not been claimed by their families. The cyclonic rains which have ravaged the westernmost island of Sumatra, Indonesia, are believed to be responsible. According to Indonesian disaster agencies, the rains caused flooding and landslides across three provinces on Sumatra Island, killing at least 95 people. Nearly 80,000 have been evacuated, and 80 people remain missing. Residents of Batang Toru, where 21 people have died, lifted seven bodies wrapped in...

Environment

As the number of flood-related deaths in Southeast Asia crosses 180, rescuers are stepping up their recovery efforts.

As the flood waters receded, authorities began coordinating recovery efforts, rescuing stranded residents, restoring power and communications, and rescuing stranded citizens. A rare tropical storm has formed in the Malacca Strait, causing torrential rainfall across large parts of Indonesia and Malaysia. Authorities said that a cyclone killed 46 more people in the island nation of Sri Lanka. According to three Indonesian provincial authorities, by Friday afternoon 94 deaths had been confirmed in the badly affected Sumatra. Search and Rescue personnel were still unable to reach residents in the Padang Pariaman area of Sumatra on Friday, where 22 people had died....

Electric Utilities

Indonesia seizes eight containers of imported zinc powder contaminated by caesium 137

An official announced on Monday that eight containers of imported caesium powder were seized by Indonesia after it was discovered to be contaminated. The country is intensifying its efforts to intercept goods contaminated at the border and within the country. Bara Hasibuan said that the containers were originally from Angola. They are being held in a Jakarta port until the administrative procedures to re-export them have been completed, according to a press release by Bara Hasibuan. Indonesia created a task force to address the issue of radioactive pollution after seafood, cloves, and footwear destined for the United States had levels...

Mining

Mining

Indonesia has the fastest economic growth in three years

Official data released on Thursday showed that Indonesia's economy grew at a faster rate than expected during the fourth quarter, largely due to strong household spending and investment. Southeast Asia's largest economy grew by 5.11% per year in 2025. This is up from 5.03% annually a year before. This was the highest rate of growth since 2022 but it is still below the 5.2% government target. Analysts say that he is facing a number of challenges, including a slowdown in international trade because of U.S. Tariffs and geopolitical tensions as well as internal factors such as the influx of refugees....

Mining

Copper climbs amid weak dollar

The copper price rose on Friday due to a lower?dollar and growth in other metals. The benchmark "three-month" copper on the London Metal Exchange rose 1.2% at 1043 GMT to $12,901.50 per metric ton after finding support on its 21-day average at Thursday's market close. The metal reached a record-high of $13,407 in January. Investors are uneasy about the sudden policy changes in Greenland and geopolitical tensions. The dollar's weakness makes dollar-priced precious metals more appealing to buyers using other currencies. Capstone Copper, which is on the supply side of things, said that a strike by workers had "forced" a...

Mining

Copper falls to a near 2-week-low as stocks increase, Greenland fears diminish

The price of copper fell to the lowest level in nearly two weeks on Friday as exchange stocks rose. U.S. president Donald?Trump also backed off his threat to impose tariffs against countries that opposed his taking over Greenland. As of 1700 GMT, the benchmark three-month copper price on the London Metal Exchange had fallen 0.4% to $12,756 per metric tonne. The price had fallen to $12,621 in the previous session, its lowest level since January 9. Trump on Wednesday said that military force would not be used to take Greenland. He also announced that he will no longer impose tariffs...

Mineral Resources

Coal

Coal

Indonesia Investment Ministry meets Agincourt and discusses future of Martabe Gold Mine

Indonesia's Investment Ministry said that it had met with Agincourt Resources to discuss the?legal and environment aspects of operations at Martabe Gold Mine, after Jakarta revoked their mining permits because of environmental violations. Agincourt is a part of the conglomerate Astra International. Astra's largest shareholder is Jardine Matheson. The government revoked the permits of 28 companies after accusations that they had violated environmental laws, which led to the worsening of the floods last year in Sumatra. At least 1,200 people were killed. The sovereign wealth fund Danantara Indonesia headed by Investment Minister Rosan Roeslani has created a new company called...

Coal

CNBC Indonesia reported that Indonesia will revise its retention rules for export revenues in the new year.

CNBC Indonesia reported Monday that Indonesia will require all natural resource exporters, starting January 1, to deposit and retain their foreign currency earnings at state-owned banks. The report was based on a government document. According to the new rules, which were introduced in January, exporters are required to keep for a minimum of one year all proceeds from the sale of natural resources such as coal, palm oil, and nickel, within the Indonesian bank system, including private-owned banks. Exporters who are reluctant to convert their proceeds into rupiah can use the money for business purposes if they exchange it. CNBC...

Fossil Fuels

China's October coal imports are down 10% from the same month last year

Customs data released on Friday showed that China's imports of coal in October were down 10% from the previous year, due to a holiday which reduced the number working days during the month. Imports will be supported in 2025 by the winter restocking of products during the last two months. Imports in October fell from 46.25 to 41.74 millions metric tons, a drop of almost ten percent. Imports in September reached 46 million metric tonnes, a record high for nine months. Feng Dongbin is vice-general manager of Fenwei Digital Information Technology. He said that imports decreased sequentially, and also from...

Carbon Emissions

Indonesia resumes international carbon trading after four years

According to a copy seen on Wednesday, Indonesian President Prabowo Subianto has issued a decree to resume international carbon trading after a hiatus of four years. In 2021, the Southeast Asian country published carbon market regulations that focused more on compliance than voluntary markets. The regulation effectively ended all trading of carbon credits across borders, even those generated by large projects such as the Katingan Mentaya Conservation Project. Indonesia claimed that the moratorium allows the country to prioritise meeting its own greenhouse-gas reduction targets instead of selling the reductions abroad. The suspension was also a result of concerns that carbon...

Power Markets

China's coal imports in September rose to a nine-month high

Customs data released on Monday showed that China's imports of coal rose to their highest level in nine months, as domestic coal prices increased, making imported coal more affordable. However, shipments were still below the levels seen a year ago. China's General Administration of Customs reported that the country imported 46 million metric tonnes of coal last month. The decline in prices on the international market was responsible for the lower total of last month compared to September, when it was a record high. This record was broken in November. September 2024 is now the second highest month ever. The...

Coal

Sources say that Danantara Indonesia’s $3 billion ‘Patriot’ bonds issue has been oversubscribed

Two sources familiar with the matter on Tuesday said that the sovereign wealth fund Danantara Indonesia has received more commitments for its "Patriot Bond" offering than the 50 trillion rupiah (3 billion dollars) target. The bonds were sold to companies in five- and seven-year tranches at a rate of 2%. This is lower than the 10-year government bond yield, which is around 6%. They will help finance Indonesia's energy programs, including waste-to-energy. One source said that the launch of the bond was originally scheduled for October 1, but it will be delayed. She did not give any details but stated...

Coal

Chairman of India's NMDC says that the company is exploring coal assets in Indonesia and Australia.

Amitava Mukherjee, chairman of the Indian miner NMDC, said that it is looking for coking coal assets in Indonesia and Australia. Coking coal is a key ingredient used to make iron ore and styrene. India, which is the second largest producer of crude iron and steel in the world, imports 85% of coking coal. More than half of Australia's coking-coal imports are accounted for by the country. Mukherjee stated that the company views this as an opportunity for business. The negotiations (for explorations) are at different stages. Due to confidentiality, he did not reveal the specifics of these discussions. NMDC,...

Coal

Minister says that the increase in Indonesian mining royalties will take effect shortly

The mining minister announced on Wednesday that an Indonesian regulation will increase the royalties mine companies pay on commodities like coal, nickel and copper as well as gold, tin, and gold. The regulation aims to improve industry governance by increasing royalties for metal products, such as nickel ore and nickel matte, based on prices. The Miners Group has urged the Government to reconsider this hike as they already struggle with increasing operational costs. Minister Bahlil Lahadalia said to reporters, "We are appreciating all the inputs, but we see the greater interest for our nation." He said that the regulation would...

Coal

Indonesia increases royalties for mining companies

The Indonesian mining ministry has said that it is looking at increasing the royalties mine companies pay for commodities such as nickel, copper, and coal. The proposal was made as Indonesia's newly formed government plans to make major budget changes, including the introduction of a free lunch program for schoolchildren. According to a YouTube video of a Saturday public consultation about the proposed changes, the ministry's Tri Winarno stated that the goal is to improve the governance of the industry. Indonesia is rich in natural resources. Mining is one of the major sources of income. The world's largest exporter of...

Fossil Fuels

Indonesia plans to use the sovereign wealth fund to boost coal-gasification projects

Energy Minister Danantara Indonesia said that Indonesia is looking to increase coal gasification through its newly established sovereign wealth fund Danantara Indonesia. Indonesia, which is the world's largest thermal coal producer has been trying to process low-ranking coal into dimethyl ether in order to reduce LPG imports. However, previous projects have failed due to investors pulling out. Energy Minister Bahlil stated late Tuesday that the government will provide the capital investment, and the local investors will cover the rest. "Danantara will be one of them." Bahlil stated that four coal gasification project will be implemented in South Sumatra, East Kalimantan...

Coal

Andy Home: China tightens its grip on global nickel supplies with Anglo's sale

Anglo American’s sale of its Brazilian Nickel business to China’s MMG Ltd. is a win-win for both companies. Anglo delivers on its shareholders' promise to simplify its portfolio, and pockets up to $500m. MMG, a producer of zinc, copper and cobalt, can diversify and grow its geographical footprint by expanding into Brazil. The market for nickel is one of the few that has shown signs of resilience in the face of a glut. It's not good news for western countries that want to escape China's tightening of the global nickel supply chains. China already controls around 75% the refining capacity...

Coal

India's thermal coke imports are down for the second consecutive year

Industry officials have said that India's thermal imports will fall in 2025 for the second consecutive year due to a decreasing reliance on coal as a power source, slowed economic activity, and record-high inventories. The six Indian and foreign coal traders who spoke at the Coaltrans India Conference in New Delhi all expected that shipments would decline this year. Three traders predicted that imports would plummet by about 10%, to 155 million tons. Two traders predicted a drop of 1-2% while the third forecasted a decline of 7-8%. The traders did not want to be named as they weren't authorised...