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Indonesia starts approving revised production plans for coal miners: sources

November 3, 2023 Comments Off

Indonesia has started giving approval to thermal coal miners for slightly higher production this year, multiple sources told S&P Global Commodity Insights, a move that is likely to ease the ongoing supply tightness in the country. Usually, approvals for higher production comes latest by September-end, but it got delayed this year, prompting miners to think that the approvals were unlikely…