Take Your Trading To The Next Level. Get Started Here!

Indonesia suspends higher coal mining plans for some miners: sources

October 3, 2023 Comments Off

The Indonesian government has suspended for the rest of the year the revised production plans — locally known as RKAB — of a few thermal coal miners, which are higher than previously estimated, market sources said Sept. 29, a move that could create supply-side issues out of the country. Miners need approval from the government to produce more coal in…