Indonesia has no immediate plans to tweak thermal coal HBA: ministry sources
October 3, 2023 Comments Off
The Indonesian government is not looking to change the methodology for its benchmark thermal coal reference price anytime soon, despite questions raised by some miners on accuracy and criticism over higher royalty payouts, senior energy ministry officials told S&P Global Commodity Insights. The benchmark, also called Harga Batubara Acuan, or HBA, is the basis for determining Indonesian coal product prices…
Indonesia has no immediate plans to tweak thermal coal HBA: ministry sources
The Indonesian government is not looking to change the methodology for its benchmark thermal coal reference price anytime soon, despite questions raised by some miners on accuracy and criticism over higher royalty payouts, senior energy ministry officials told S&P Global Commodity Insights. The benchmark, also called Harga Batubara Acuan, or HBA, is the basis for determining Indonesian coal product prices…
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