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    ICI 4 coal derivatives hit 1 million t transaction milestone Monday, 17 September 2018 09:28 Passing this milestone in traded volumes proves that this contract has been widely accepted as an essential risk management tool for the growing Indonesian and wider Asia Pacific market, explains Argus.

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    Indonesia also plans to increase its production and export of coal by developing new thermal coal projects and exploring new coal mines. Indonesia is keen on establishing itself as a globally leading exporter of LNG through its new Tangguh LNG plant and the existing Bontang LNG project.

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    Coal as a traded commodity. China mines almost half the world's coal followed by India with about a tenth. Australia accounts for about a third of world coal exports followed by Indonesia and Russia; while the largest importers are Japan and India.

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    Clean coal technologies in coal mining, however, are expected to gain significance in the future (partly due to commercial relevance) and Indonesia is expected to become heavily involved in that process being a major player in the coal mining sector.

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    Aug 20, 2015· Since the early 1990's Indonesian coal mining in Indonesia has grown dramatically. The World Coal Institute estimates that in 2008 Indonesia mined 246 million tonnes of coal with just over 200 millions tonnes of this exported. 2008 coal exports comprised 173 million tonnes of steam coal and 30 million tonnes of coking coal. In 2009, Indonesia was the world's second largest coal …

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    Indonesia’s benchmark thermal coal price (in Indonesian: Harga Batubara Acuan, or HBA) managed to rebound in June 2018 after falling in the two preceding months.

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    In 2009 Indonesia was the world's second top coal exporter sending coal to, for example, China, India, Japan and Italy. Kalimantan (Borneo) and South Sumatra are the centres of Indonesia’s coal mining.

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    in million tons Source: Bisnis Indonesia. The direction of the coal price remains highly dependent on policies of the Chinese government. According to data from the National Development and Reform Commission (NDRC), China will reduce its mining spots from 10,800 to 7,000 and cut the nation's coal output up to 800 million tons up to 2020.

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    Hendra Sinadia, Deputy Executive Director of the Indonesian Coal Mining Association (APBI), added that the nation's coal production is set to grow strongly in the second half of the year.