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TRANSCRIPT
IMA-Daily Update Page 1
TABLE OF CONTENTS
No. Title Media Source Page
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Arifin Tasrif Explains EMR Regulations Amended by Omnibus Law Arifin Tasrif Beberkan Aturan ESDM yang Diubah Omnibus Law Coal will become taxable goods in the Job Creation Law, this is the APBI response Batubara bakal jadi barang kena pajak di UU Cipta Kerja, begini respons APBI MIND ID Officially Takes Over 20% of Vale Indonesia's Shares MIND ID Resmi Ambil Alih 20% Saham Vale Indonesia BRMS has not yet determined the price for the rights issue, here are the considerations BRMS belum tentukan harga pelaksanaan rights issue, berikut pertimbangannya The Job Creation Law Exempts Coal Business Actors from Obligatory Royalties UU Cipta Kerja Bebaskan Pelaku Usaha Batu Bara dari Kewajiban Royalti Already 20 percent rebound, here is the prospect of coal prices Sudah Rebound 20 Persen, Begini Prospek Harga Batu Bara Business diversification makes Bukit Asam's (PTBA) shares still attractive Diversifikasi bisnis membuat saham Bukit Asam (PTBA) masih atraktif Martabe Gold Mine won three Mining Awards and a Best Exploration Commitment Award Tambang Emas Martabe raih tiga Penghargaan Pertam-bangan dan Penghargaan Best Exploration Commitment Completing the Divestment of 20% Shares, Consider Vale Indonesia (INCO) Plans Going Forward Rampungkan divestasi 20% saham, simak rencana Vale Indonesia (INCO) ke depan
CNN Indonesia Kontan Investor Daily Kontan Dunia Energi Bisnis Kontan Antara Sumut Kontan
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PT. NHM Supports Quality Improvement Program for Honorary Teachers in the Mining Circle PT. NHM Dukung Program Peningkatan Kualitas Guru Honorer di Lingkar Tambang No more skyrocketing, coal prices ended dropping! Tak Meroket Lagi, Harga Batu Bara Berakhir Drop! Why Tesla is interested in Indonesia Lithium demand seen doubling in next four years TerraCom refines Blair Athol mining to achieve strong coal sales Anglo American wants to explore base metals in South Africa American Resources Begins Sifting Coal Mining Waste to Produce Rare Earth Elements
Posko-Malut CNBC Indonesia Gulf News Mining Weekly Australian Mining Mining.com 247 Wall
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IMA-Daily Update Page 3
Arifin Tasrif Explains EMR
Regulations Amended by Omnibus Law
THE OMNIBUS Law on Job Creation
changes a number of regulations in the energy and mineral resources (EMR) sector.
EMR Minister Arifin Tasrif revealed one of the provisions of sanctions for anyone who obstructs or interferes with mining business activities from holders of mining business permits, special mining business permits, community mining permits or rock mining permits.
"With regard to work in the field especially coal, among others, business activities that have mining business permits, special mining business permits, rock mining, which have fulfilled the provisions, if their business activities are disturbed or known, this will be punished against the parties who harmed them," he said at the Omnibus Law on Job Creation virtual press conference, Wednesday (7/10).
Apart from that, another regulation is the provision of zero percent royalty use for activities to increase coal value added.
"The point is that raw materials can be competitive and investment can be implemented, projects can be built, labor can be absorbed," said Arifin.
Furthermore, in the geothermal cluster, there is a simplification of geothermal business licensing in which the control of geothermal is held by the central government, provincial governments and district governments according to their respective authorities.
Arifin Tasrif Beberkan Aturan
ESDM yang Diubah Omnibus Law
UNDANG-undang Omnibus Law Cipta Kerja
(Ciptaker) mengubah sejumlah aturan dalam sektor energi dan sumber daya mineral (ESDM).
Menteri ESDM Arifin Tasrif mengungkapkan salah satunya ketentuan sanksi bagi setiap orang yang merintangi atau mengganggu kegiatan usaha pertambangan dari peme-gang izin usaha pertambangan, izin usaha pertambangan khusus, izin pertambangan rakyat atau surat izin penambangan batuan.
"Terkait dengan pekerjaan di bidang khusus-nya batubara itu antara lain kegiatan ber-usaha yang memiliki izin usaha pertam-bangan, izin usaha pertambangan khusus, penambangan batuan, yang telah memenuhi ketentuan apabila mengetahui atau diganggu kegiatan usahanya maka ini diberikan pidana terhadap pihak yang merugikan," ujarnya dalam konferensi pers virtual Omnibus Law Ciptaker, Rabu (7/10).
Di luar itu, aturan lainnya adalah ketentuan penggunaan royalti sebesar nol persen untuk kegiatan peningkatan nilai tambah batu bara.
"Ini intinya adalah bahan baku itu bisa kompetitif dan investasi bisa dilaksanakan, proyek bisa dibangun, tenaga kerja bisa diserap," kata Arifin.
Selanjutnya, pada klaster panas bumi, ter-dapat simplifikasi perizinan usaha panas bumi di mana penguasaan panas bumi di-selenggarakan oleh pemerintah pusat, peme-rintah provinsi, dan pemerintah kabupaten seusai dengan kewenangan masing.
IMA-Daily Update Page 4
"Then we remove the permits in the form of direct use of geothermal energy, which will all refer to standard procedures and criteria norms," he explained.
Meanwhile, there are no specific changes in the oil and gas cluster because the govern-ment will detail the related regulations in the Oil and Gas Law Draft.
"The oil and gas cluster still refers to Law No. 22 of 2001 in which further details will be discussed in the Draft Oil and Gas Law which will begin in 2021," said Arifin. (hrf/sfr)
"Kemudian kami hilangkan perizinannya dalam bentuk pemanfaatan langsung panas bumi yang semuanya nanti mengacu pada norma standar prosedur dan kriteria," jelasnya.
Sementara pada klaster migas tidak ada perubahan spesifik lantaran pemerintah akan merinci aturan-aturan terkait dalam Rancangan Undang-Undang Migas.
"Klaster migas masih tetap mengacu UU No. 22 Tahun 2001 di mana perincian lanjutnya akan dibahas dalam Rancangan UU Migas yang akan dimulai 2021," tandas Arifin. (hrf/sfr)
Coal will become taxable goods in the Job Creation Law, this is
the APBI response Reporter: Dimas Andi | Editor: Yudho
Winarto
THE JOB Creation Law will have a major
impact on the country's coal mining industry. One of the reasons is that the new regulation stipulates coal as a taxable good (BKP).
This is stated in Article 112 of the Job Creation Law, which this regulation changes several provisions in Law No. 8 of 1983 concerning Value Added Tax on Goods and Services and Sales Tax on Luxury Goods.
Article 4A paragraph (2) becomes one of the articles amended by the Job Creation Law. This article explains that the types of goods that are not subject to Value Added Tax (PPN) are certain goods in a group of goods, such as mining products or drilling products taken directly from the source, excluding coal mining products.
Batubara bakal jadi barang kena pajak di UU Cipta Kerja,
begini respons APBI Reporter: Dimas Andi | Editor: Yudho
Winarto
UNDANG-Undang (UU) Cipta Kerja bakal
punya pengaruh besar bagi industri tambang batubara tanah air. Salah satunya karena beleid anyar tersebut menetapkan batubara sebagai barang kena pajak (BKP).
Hal tersebut tertera di Pasal 112 UU Cipta Kerja yang mana beleid ini mengubah bebe-rapa ketentuan dalam UU No. 8 Tahun 1983 tentang Pajak Pertambahan Nilai Barang dan Jasa dan Pajak Penjualan atas Barang Mewah.
Pasal 4A ayat (2) menjadi salah satu pasal yang diubah oleh UU Cipta Kerja. Pasal ini menjelaskan bahwa jenis barang yang tidak dikenai Pajak Pertambahan Nilai (PPN) adalah barang tertentu dalam kelompok barang seperti barang hasil pertambangan atau hasil pengeboran yang diambil langsung dari sumbernya, tidak termasuk hasil pertambangan batubara.
IMA-Daily Update Page 5
Whereas in the explanation section of
Article 4A, it is written that coal
commodities which are not taxable goods
and are not subject to VAT are coal before
being processed into coal briquettes.
Executive Director of the Indonesian Coal
Mining Association, Hendra Sinadia,
admitted that his party was still studying
comprehensively in advance of the items of
tax regulations for coal in the Job Creation
Law.
However, he assessed, basically the mining
tax treatment for each coal producer is
different.
"Between PKP2B (Coal Mining Exploitation
Contract Agreement) generation 1,
generation 2, and generation 3 are all
different. Likewise taxes on IUP (Mining
Business Permit)," he said when contacted
by Kontan, Wednesday (7/10) night.
Apart from that, Hendra suspects that the
changes in the Job Creation Law were
carried out so that the tax obligations,
which are primarily aimed at PKP2B
holders, will be greater according to the
mandate of the Minerba Law.
In this case, the regulation mandates that
state revenue obtained from coal
companies whose licenses are extended
will be greater in the future.
"So if the PKP2B extension is carried out, it
is necessary to ensure that state revenue in
taxation is greater," he said.
Sedangkan di bagian penjelasan Pasal 4A,
tertulis bahwa komoditas batubara yang
bukan barang kena pajak dan tidak terkena
PPN adalah batubara sebelum diproses
menjadi briket batubara.
Direktur Eksekutif Asosiasi Pertambangan
Batubara Indonesia Hendra Sinadia
mengaku pihaknya masih mengkaji secara
komprehensif terlebih dahulu mengenai
butir-butir aturan pajak untuk batubara
tersebut di UU Cipta Kerja.
Namun, ia menilai, pada dasarnya perlaku-
an pajak pertambangan di tiap produsen
batubara berbeda-beda.
“Antara PKP2B (Perjanjian Kontrak
Pengusahaan Pertambangan Batubara)
generasi 1, generasi 2, dan generasi 3 beda
semua. Begitu juga pajak di IUP (Izin Usaha
Pertambangan),” ujar dia ketika dihubungi
Kontan, Rabu (7/10) malam.
Terlepas dari itu, Hendra menduga
perubahan yang terjadi di UU Cipta Kerja
ini dilakukan agar kewajiban pajak yang
utamanya ditujukan kepada pemegang
PKP2B bakal lebih besar sesuai amanat UU
Minerba.
Dalam hal ini, beleid tersebut meng-
amanatkan agar penerimaan negara yang
diperoleh dari perusahaan batubara yang
izinnya diperpanjang akan lebih besar di
masa mendatang.
“Jadi kalau perpanjangan PKP2B dilakukan,
maka perlu dipastikan agar penerimaan
negara dalam perpajakan lebih besar,”
tandas dia.
IMA-Daily Update Page 6
MIND ID Officially Takes Over 20% of Vale Indonesia's Shares
Farid Firdaus ([email protected])
VALE Canada Ltd and Sumitomo Metal
Mining Co Ltd have completed the sale and transfer of 20% stake in PT Vale Indonesia (INCO) to PT Indonesia Asahan Aluminum (Inalum) or Mining Industry Indonesia (MIND ID). The transaction value reached Rp 5.52 trillion.
The action to release 20% of Vale Indonesia's shares is aimed at fulfilling Vale's divestment obligations based on the amendment to the Contract of Work (COW) dated October 17, 2014 signed by Vale Indonesia and the Government of the Republic of Indonesia. Based on the amendments to the COW, divestment is one of the obligations that must be fulfilled by Vale to continue its operations after 2025.
CEO and President Director of Vale Indonesia Nico Kanter said the completion of this divestment put the company in the right position to continue to contribute to Indonesia's development. In addition, the divestment also strengthens Vale's long-term commitment to the processing of nickel resources in order to increase added value, sustainability and local empower-ment in the country.
"We believe that this long-term strategic partnership in managing mineral resources in Indonesia is very valuable for all share-holders and stakeholders," he explained in an official statement, Wednesday (7/10).
For information, 20% of Vale's shares to be divested are equivalent to 1.98 billion shares. In details,...
MIND ID Resmi Ambil Alih 20% Saham Vale Indonesia
Farid Firdaus ([email protected])
VALE Canada Ltd dan Sumitomo Metal
Mining Co Ltd telah menyelesaikan pen-jualan dan pengalihan 20% kepemilikan saham di PT Vale Indonesia (INCO) kepada PT Indonesia Asahan Aluminium (Inalum) atau Mining Industry Indonesia (MIND ID). Nilai transaksinya mencapai Rp 5,52 triliun.
Aksi pelepasan 20% saham Vale Indonesia ini bertujuan memenuhi kewajiban dives-tasi Vale berdasarkan amendemen Kontrak Karya (KK) tanggal 17 Oktober 2014 yang ditandatangani oleh Vale Indonesia dan Pemerintah Republik Indonesia. Berdasar-kan amendemen KK, divestasi merupakan salah satu kewajiban yang harus dipenuhi Vale untuk melanjutkan operasinya setelah tahun 2025.
CEO dan Presiden Direktur Vale Indonesia Nico Kanter mengatakan, penyelesaian divestasi ini menempatkan perseroan pada posisi yang tepat untuk tetap berkontribusi bagi pembangunan Indonesia. Selain itu, divestasi juga memperkuat komitmen jangka panjang Vale terhadap pengolahan sumber daya nikel guna peningkatan nilai tambah, keberlanjutan, dan pemberdayaan lokal di negara ini.
“Kami percaya bahwa kemitraan strategis jangka panjang dalam mengelola sumber daya mineral di Indonesia ini sangat berharga bagi semua pemegang saham dan para pemangku kepentingan,” jelas dia dalam keterangan resmi, Rabu (7/10).
Sebagai informasi, 20% saham Vale yang didivestasikan ini setara 1,98 miliar saham. Rinciannya,...
IMA-Daily Update Page 7
In details, 14.9% belongs to Vale Canada and the remaining 5.1% is the ownership
of Sumitomo Metal Mining. Thus, after this transaction, Vale Indonesia's share
ownership structure changed, namely Vale Canada by 43.79%, Sumitomo Metal
Mining 15.03%, Vale Japan Ltd 0.55%, Sumitomo Corp 0.14%, Inalum 20%, and
the public controls 20.49%.
“Vale welcomes Inalum as a shareholder and congratulates the alliance between
Vale Canada, Sumitomo and Inalum. This reinforces Vale's long-term commitment to
prosperity, sustainability and local empowerment in Indonesia. We also
express our appreciation to the Govern-ment of Indonesia for its continuous
support,” said Kanter.
Recommendation
Separately, PT Reswara Head of Invest-ment Gian Investa Kiswoyo Adi Joe said
that the value of Vale shares purchased by MIND ID of Rp 2,780 per share is
considered profitable or cheap for MIND ID. Because, at least in the last 30 days of
stock exchange trading, the average Vale stock was around Rp 3,762 per share.
In the future, he continued, the prospect of
Vale's share price movement is highly dependent on the price of nickel
commodity movements. In the meantime, his party recommends buy on weakness of
INCO stocks in the area of Rp. 3,000-3,100, with a target price until the end of this year
at the level of Rp. 3,600-4,000. Meanwhile, on Wednesday's trade (7/10), INCO's stock
was perched at Rp 3,440.
“Vale has a scalable and efficient expansion plan. Their project is located in an area
close to the mines,” explained Kiswoyo.
Rinciannya, 14,9% merupakan kepe-milikan Vale Canada dan sisa 5,1% adalah kepemilikan Sumitomo Metal Mining. Dengan demikian, setelah transaksi ini, struktur kepemilikan saham Vale Indonesia berubah yakni Vale Canada sebesar 43,79%, Sumitomo Metal Mining 15,03%, Vale Japan Ltd 0,55%, Sumitomo Corp 0,14%, Inalum 20%, dan publik menguasai 20,49%.
“Vale menyambut baik Inalum sebagai pemegang saham dan mengucapkan selamat atas aliansi antara Vale Canada, Sumitomo dan Inalum. Hal ini memperkuat komitmen jangka panjang Vale terhadap kemakmuran, keberlanjutan, dan pember-dayaan lokal di Indonesia. Kami juga menyampaikan apresiasi kepada Peme-rintah Indonesia atas dukungannya yang tiada henti,” kata Kanter.
Rekomendasi
Secara terpisah, Head of Investment PT Reswara Gian Investa Kiswoyo Adi Joe mengatakan, nilai saham Vale yang dibeli MIND ID sebesar Rp 2.780 per saham ter-bilang menguntungkan atau murah bagi MIND ID. Sebab, setidaknya dalam 30 hari perdagangan bursa terakhir, rata-rata saham Vale sekitar Rp 3.762 per saham.
Ke depan, lanjut dia, prospek pergerakan harga saham Vale sangat tergantung dari harga pergerakan komoditas nikel. Untuk sementara, pihaknya merekomendasikan buy on weakness saham INCO pada area Rp 3.000-3.100, dengan target harga sampai akhir tahun ini di level Rp 3.600-4.000. Adapun, pada perdagangan Rabu (7/10), saham INCO bertengger pada posisi Rp 3.440.
“Vale punya rencana ekspansi yang terukur dan efisien. Proyek mereka berada dalam satu area yang dekat dengan tambang-tambangnya,” jelas Kiswoyo.
IMA-Daily Update Page 8
Expansion
Meanwhile, Vale Indonesia targets to meet all the requirements for the Pomalaa smelter project in Southeast Sulawesi and Bahodopi in Central Sulawesi in the first half of 2021. The company estimates that the investment for the two smelter projects is around US$ 4 billion.
Previously, Vale Indonesia Finance Director Bernardus Irmanto said, for the smelter project in Pomalaa, the company is in the process of completing a final investment decision (FDI). Then, the company is also in the middle of equating views and meeting the requirements of strategic partners involved in the Pomalaa project.
"We will also fulfill technical requirements such as Environmental Impact Analysis (Amdal) and Borrow and Use Forest Area Permits (IPPKH), including regarding the financing process," he explained in a virtual public expose, recently.
According to Irmanto, so far the company has not experienced significant obstacles in meeting the requirements and obtaining permits. The government, especially from the Investment Coordinating Board (BKPM), is considered very helpful in the process of meeting these requirements.
"All requirements are expected to be fulfilled in the first half of next year so that in the third quarter of 2021, investment decisions (FDI) can be taken," he said.
In the smelter project in Pomalaa, the company is partnering with Sumitomo Metal Mining. Irmanto estimates that the smelter project in the Southeast Sulawesi region will use around US$ 2.5 billion in funds.
Meanwhile, in the smelter project in Bahodopi, he continued, the company is still preparing the requirements for a final investment decision and arranging permits. The company hopes...
Ekspansi
Sementara itu, Vale Indonesia menargetkan bisa memenuhi semua persyaratan untuk proyek smelter Pomalaa di Sulawesi Tenggara dan Bahodopi di Sulawesi Tengah pada semester I-2021. Perseroan memper-kirakan investasi untuk kedua proyek smelter tersebut sekitar US$ 4 miliar.
Sebelumnya, Direktur Keuangan Vale Indonesia Bernardus Irmanto mengatakan, pada proyek smelter di Pomalaa, perseroan dalam proses menyelesaikan final invest-ment decision (FDI). Kemudian, perseroan juga tengah menyamakan pandangan dan memenuhi persyaratan dari mitra strategis yang terlibat dalam proyek Pomalaa.
"Persyaratan teknis seperti Analisa Dampak Lingkungan (Amdal) dan Izin Pinjam Pakai Kawasan Hutan (IPPKH) juga kami akan penuhi, termasuk mengenai financing process," jelas dia dalam publik ekspos secara virtual, belum lama ini.
Menurut Irmanto, sejauh ini perseroan tidak mengalami kendala berarti dalam meme-nuhi persyaratan dan juga memperoleh perizinan. Pemerintah, terutama dari pihak Badan Koordinasi Penanaman Modal (BKPM) dinilai sangat membantu proses pemenuhan persyaratan tersebut.
"Semua syarat diharapkan sudah bisa di-penuhi pada semester pertama tahun depan sehingga pada kuartal III-2021, keputusan investasi (FDI) bisa diambil," kata dia.
Pada proyek smelter di Pomalaa, perseroan menggandeng Sumitomo Metal Mining. Irmanto memperkirakan proyek smelter di kawasan Sulawesi Tenggara ini akan meng-gunakan dana sekitar US$ 2,5 miliar.
Sementara itu, pada proyek smelter di Bahodopi, lanjut dia, perseroan masih mem-persiapkan persyaratan untuk keputusan final investasi dan mengurus perizinan. Perseroan berharap...
IMA-Daily Update Page 9
The company hopes to complete all requirements and permits in the first half of next year. The company will partner with investors from China in the smelter. Both parties are bo und by the confidentiality agreement previously agreed upon. The investment value is around US$ 1.5 billion.
While preparing for new smelter expansion, the company is now focusing on operating a smelter factory in Sorowako, South Sulawesi. The company is in a study to increase its production capacity in Sorowako to 90 thousand tons. "We hope to reach production of 90 thousand tons before 2025 or before applying for a business license extension," he said. Editor: Jauhari Mahardhika ([email protected])
Perseroan berharap bisa menyelesaikan semua persyaratan dan perizinan pada semester pertama tahun depan. Perseroan akan menggandeng investor dari Tiongkok pada smelter tesebut. Kedua pihak terikat confidentiality agreement yang disepakati sebelumnya. Nilai investasi sekitar US$ 1,5 miliar.
Sambil mempersiapkan ekspansi smelter baru, perseroan kini fokus mengoperasi-kan pabrik smelter di Sorowako, Sulawesi Selatan. Perseroan dalam studi untuk meningkatkan kapasitas produksi di Sorowako menjadi 90 ribu ton. “Kami ber-harap bisa mencapai produksi 90 ribu ton sebelum 2025 atau sebelum mengajukan perpanjangan izin usaha,” ujar dia. Editor :
Jauhari Mahardhika ([email protected])
BRMS has not yet determined the price for the rights issue, here
are the considerations Reporter: Akhmad Suryahadi | Editor: Herlina
Kartika Dewi
PT BUMI Resources Minerals (BRMS) Tbk
plans to increase its capital with pre-emptive rights (PMHMETD) or a rights issue. In an information disclosure on the Indonesia Stock Exchange website, Monday (5/10), BRMS will issue a maximum of 24 billion series B new shares with a nominal value of Rp 50 and 24.5 billion series II warrants.
However, the subsidiary of PT Bumi Resources Tbk (BUMI) has yet to determine the price for the rights issue. This is because BRMS is currently completing the required documentation based on the existing capital market regulations related to this transaction.
BRMS belum tentukan harga pelaksanaan rights issue, berikut pertimbangannya
Reporter: Akhmad Suryahadi | Editor: Herlina Kartika Dewi
PT BUMI Resources Minerals (BRMS) Tbk
berencana untuk melakukan penambahan modal dengan hak memesan efek terlebih dahulu (PMHMETD) atau rights issue. Pada keterbukaan informasi di laman Bursa Efek Indonesia, Senin (5/10), BRMS akan menerbitkan maksimal 24 miliar saham baru seri B dengan nominal Rp 50 dan 24,5 miliar waran seri II.
Meski demikian, anak usaha PT Bumi Resources Tbk (BUMI) tersebut belum menentukan harga pelaksanaan rights issue. Sebab, saat ini BRMS tengah melengkapi dokumentasi yang diperlukan berdasarkan peraturan pasar modal yang ada terkait dengan transaksi tersebut.
IMA-Daily Update Page 10
"We have not announced the PMHMETD implementation price. We believe that we have to consider several important factors before determining the PMHMETD price,” said Suseno Kramadibrata, CEO and President Director of Bumi Resources Minerals, Wednesday (7/10).
Suseno added that there were several considerations by BRMS in determining the price for the implementation of this corporate action.
First, commitment from standby buyers. Second, the closing historical average price of BRMS shares. Third, valuable input from current shareholders of BRMS. Finally, BRMS commitment to comply with existing capital market regulations.
Suseno said that most of the proceeds from the rights issue will be used for the construction of a new factory to process gold ore into dore bullion with a capacity of 4,000 tons per day.
This fresh fund will also be used for drilling activities in order to increase gold ore reserves from Palu and Gorontalo.
"This is expected to have an impact on an increase in the volume of gold production and an increase in the amount of gold ore reserves in the future," he continued.
”Kami belum mengumumkan harga pelak-sanaan PMHMETD. Kami percaya bahwa kami harus mempertimbangkan beberapa faktor penting sebelum penentuan harga PMHMETD,” terang Suseno Kramadibrata, CEO dan Direktur Utama Bumi Resources Minerals, Rabu (7/10).
Suseno menambahkan, ada beberapa per-timbangan BRMS dalam menentukan harga pelaksanaan aksi korporasi ini.
Pertama, komitmen dari para pembeli siaga (standby buyer). Kedua, penutupan rata-rata harga saham BRMS secara historis. Ketiga, masukan berharga dari para peme-gang saham BRMS yang ada saat ini. Terakhir, komitmen BRMS untuk mematuhi peraturan pasar modal yang ada.
Suseno mengatakan, dana hasil dari rencana rights issue ini nantinya akan digunakan sebagian besar untuk pembangunan pabrik baru untuk mengolah bijih emas menjadi dore bullion dengan kapasitas 4.000 ton per hari.
Dana segar ini juga akan digunakan untuk kegiatan pengeboran dalam rangka menambah cadangan bijih emas dari Palu dan Gorontalo.
“Hal ini diharapkan dapat berdampak ter-hadap kenaikan volume produksi emas dan peningkatan jumlah cadangan bijih emas di masa mendatang,” sambung dia.
The Job Creation Law Exempts Coal Business Actors from
Obligatory Royalties Rio Indrawan
THE INCENTIVES promised for coal
mining business actors from the government were actually realized in the Omnibus Law on the Job Creation Act which was just passed by the DPR.
UU Cipta Kerja Bebaskan Pelaku Usaha Batu Bara dari Kewajiban
Royalti Rio Indrawan
INSENTIF yang dijanjikan bagi pelaku
usaha tambang batu bara dari pemerintah benar-benar terealisasi di Omnibus Law Undang-Undang Cipta Kerja yang baru saja disahkan DPR.
IMA-Daily Update Page 11
In the Job Creation Law there is an additional article between articles 128 and 129 of the Mineral and Coal Law, namely article 128A with provisions.
1. Business actors that increase the added value of coal as referred to in Article 103, may be given certain treatment of the state revenue obligation as referred to in Article 128.
2. The provision of certain treatment on the state revenue obligation as referred to in paragraph (1) for the activity of increasing the added value of coal can be in the form of imposition of a royalty of 0%.
3. Further provisions regarding certain implementation as referred to in paragraph (1) shall be regulated in a Government Regulation.
The regulation also emphasizes one of the contents of the RPP as a derivative of the Minerba Law Number 3 of 2020 concerning Minerals and Coal.
Arifin Tasrif, Minister of Energy and Mineral Resources (MEMR), said that the additional regulation will only apply if coal mining entrepreneurs actually carry out coal downstreaming. Downstream also needs investment, so by investing, entre-preneurs need capital. Incentives are intended so that downstream projects can enter economically.
"We have agreed to increase state revenue by increasing the added value of coal processing by charging a royalty of 0%. This is how raw materials can be competitive and then investment can be implemented and then labor can be absorbed and have a competitive value,” said Arifin during a press conference explaining the Job Creation Law, Wednes-day (7/10).
Dalam UU Cipta Kerja terdapat pasal tambahan antara pasal 128 dan 129 UU Mineral dan Batu Bara, yakni pasal 128A dengan ketentuan
1. Pelaku usaha yang melakukan pening-katan nilai tambah batu bara sebagai-mana dimaksud dalam pasal 103, dapat diberikan perlakuan tertentu terhadap kewajiban penerimaan negara sebagai-mana dimaksud dalam pasal 128.
2. Pemberian perlakuan tertentu terhadap kewajiban penerimaan negara sebagai-mana dimaksud pada ayat (1) untuk kegiatan peningkatan nilai tambah batu barar dapat berupa pengenaan royalti sebesar 0%.
3. Ketentuan lebih lanjut mengenai per-lakuan tertentu sebagaimana dimaksud pada ayat (1) diatur dalam Peratuaran Pemerintah.
Aturan tersebut juga mempertegas tentang salah satu isi dari RPP sebagai turunan dari UU Minerba Nomor 3 Tahun 2020 tentang Mineral dan Batu Bara.
Arifin Tasrif, Menteri Energi dan Sumber Daya Mineral (ESDM), mengatakan tambahan aturan tersebut hanya akan berlaku jika para pengusaha tambang batu bara benar-benar melakukan hilirisasi batu bara. Hilirisasi juga butuh investasi, maka dengan melakukan investasi para peng-usaha butuh modal. Insentif dimaksudkan agar proyek hilirisasi bisa masuk secara keekonomian.
“Itu kami sudah sepakat untuk meningkat-kan penerimaan negara meningkatkan nilai tambah pengolahan batu bara dengan pengenaan royalti 0%. Ini adalah bagai-mana bahan baku bisa kompetitif lalu investasi bisa dilaksanakan lalu bisa tenaga kerja bisa terserap dan memiliki nilai kompetitif,” kata Arifin disela konferensi pers penjelasan UU Cipta Kerja, Rabu (7/10).
IMA-Daily Update Page 12
In addition, Arifin added that an additional point in the Job Creation Law was made to be able to attract a large amount of investment to Indonesia. He claims that with the investment, the state can obtain various added values, one of which can absorb labor.
"The point is to facilitate investment and overall provide added value for our natural resources. So that investment can come in and the workforce can be absorbed," said Arifin. (RI)
Selain itu, Arifin menambahkan bahwa poin tambahan dalam UU Cipta Kerja ini dibuat untuk bisa menarik investasi sebesar besarnya ke Indonesia. Ia meng-klaim dengan adanya investasi maka negara bisa memperoleh berbagai nilai tambah salah satunya bisa menyerap tenaga kerja.
“Intinya adalah memudahkan investasi dan kseluruhan memberikan nilai tambah bagi SDA kita. Biar investasi bisa masuk dan tenaga kerja bisa terserap,” kata Arifin. (RI)
Already 20 Percent Rebound, Here Is the Prospect of Coal Prices
Lorenzo Anugrah Mahardhika
A NUMBER of sentiments such as the
clarity of the United States' stimulus package and China's policies will color coal price movements in the remainder of 2020.
Based on Bloomberg data, at the close of trading on Tuesday (6/10/2020), the price of Newcastle coal futures for the January 2021 contract was still parked in the green zone, at the level of US$ 64.4 per ton, or up 0.78 percent. At the close of the previous trading, the price strengthened by 1.91 percent.
Coal prices have strengthened by up to 20.37 percent since hitting their lowest level a month ago at US$ 53.5 per ton. However, during the current year 2020 the price of coal was still corrected by 12.2 percent.
Director of TRFX Garuda Berjangka Ibrahim said that the increase in coal prices that occurred in the past few days was caused by sentiments such as the news of US President Donald Trump's recovery from the corona virus and talks of a fiscal stimulus package.
Sudah Rebound 20 Persen, Begini Prospek Harga Batu Bara
Lorenzo Anugrah Mahardhika
SEJUMLAH sentimen seperti kejelasan
paket stimulus Amerika Serikat dan kebijak-an China akan mewarnai pergerakan harga batu bara di sisa tahun 2020.
Berdasarkan data Bloomberg, pada penutup-an perdagangan Selasa (6/10/2020), harga batubara Newcastle berjangka untuk kontrak Januari 2021 masih parkir di zona hijau, di level US$64,4 per ton atau naik 0,78 persen. Pada penutupan perdagangan sebelumnya, harga menguat hingga 1,91 persen.
Harga batu bara telah menguat hingga 20,37 persen sejak menyentuh level terendahnya pada satu bulan lalu di level US$53,5 per ton. Kendati demikian, sepanjang tahun berjalan 2020 harga batu bara masih terkoreksi 12,2 persen.
Direktur TRFX Garuda Berjangka Ibrahim mengatakan, kenaikan harga batu bara yang terjadi selama beberapa hari belakangan di-sebabkan oleh sentimen – sentimen seperti kabar sembuhnya Presiden Amerika Serikat Donald Trump dari virus corona dan pem-bicaraan paket stimulus fiskal.
IMA-Daily Update Page 13
Even though he had shown an upward trend, Ibrahim predicted that world coal prices would decline. He explained that international coal transactions use the United States dollar currency. However, on the other hand, conditions in the US have not shown positive sentiment which could raise coal prices.
According to Ibrahim, the attention of market players was on the stagnation of talks on the fiscal stimulus package that was suspended by US President Donald Trump. He stopped the stimulus talks until the presidential election in the US was completed. In fact, this sentiment is highly anticipated by market players.
"This caused a commotion in the market which caused coal prices to fall," he said when contacted on Wednesday (7/10/ 2020).
He continued, coal price movement is likely to decline again. In addition to the uncertainty of the US fiscal stimulus, world coal demand is currently decreasing due to the corona virus pandemic.
This is also exacerbated by plans for a number of countries to switch to other power sources such as sunlight, water, wind, and others. This sentiment will further suppress the demand and price of coal in the future.
Meanwhile, Capital Futures analyst Wahyu Laksono said the movement of coal prices was overshadowed by the prospect of demand that has not improved due to the corona virus pandemic. This is also compounded by environmental issues that afflict this commodity.
However, according to him, the prospect of coal prices still has a chance to increase. This is supported by China's policy as one of the largest coal producers in the world. According to him,...
Meski sempat menunjukkan tren kenaikan, Ibrahim memprediksi harga batu bara dunia akan mengalami penurunan. Ia menjelas-kan, transaksi batu bara internasional menggunakan mata uang dolar Amerika Serikat. Namun, di sisi lain, kondisi di AS belum menunjukkan sentimen positif yang dapat mengerek naik harga batu bara.
Menurut Ibrahim, perhatian pelaku pasar tengah tertuju pada mandeknya pem-bicaraan paket stimulus fiskal yang di-hentikan oleh Presiden AS Donald Trump. Ia menghentikan perundingan stimulus tersebut hingga pemilihan presiden di AS rampung. Padahal, sentimen ini sangat dinantikan oleh pelaku pasar.
“Ini membuat kegaduhan di pasar yang membuat harga batu bara turun,” katanya saat dihubungi pada Rabu (7/10/2020).
Ia melanjutkan, pergerakan harga batu bara kemungkinan akan kembali mengalami penurunan. Selain ketidakpastian stimulus fiskal AS, permintaan batu bara dunia pada saat ini juga tengah menurun karena pandemi virus corona.
Hal tersebut juga diperberat dengan rencana sejumlah negara yang hendak beralih ke sumber tenaga lain seperti sinar matahari, air, angin, dan lainnya. Sentimen ini akan semakin menekan permintaan dan harga batu bara dalam beberapa waktu ke depan.
Sementara itu, Analis Capital Futures Wahyu Laksono mengatakan pergerakan harga batu bara dibayangi oleh prospek permintaan yang belum membaik akibat pandemi virus corona. Hal ini juga ditambah dengan isu-isu lingkungan yang menimpa komoditas ini.
Namun, menurutnya prospek harga batu bara masih memiliki peluang untuk naik. Hal ini ditopang oleh kebijakan China sebagai salah satu penghasil batu bara terbesar di dunia. Menurutnya,...
IMA-Daily Update Page 14
According to him, China's policies have
indeed been designed to push up the price
of this commodity.
"Several Chinese strategies, such as taking
advantage of falling prices to hoard coal,
will trigger a price rebound," he explained.
He continued, even though the economic
recession has occurred in most countries,
the market's hope that a large monetary
and fiscal stimulus will also trigger an
increase in coal prices.
This, he continued, would trigger a
reflationary trade which has also been
supported by the US central bank, The
Federal Reserve (The Fed). Wahyu
explained that currently the Fed is using an
average inflation target of over 2 percent
without having to change its policy.
"This is very accommodative and loose and
can trigger the weakening of the US dollar
and strengthen its opponents in other
currencies and commodities, including
coal," he explained.
Wahyu continued, the coal price has
triggered US inflation to exceed the 2
percent limit. The Fed is also keeping this
up until the labor market returns to
optimal levels before taking action.
"This omission is indeed a breath of fresh
air for commodity prices, including coal,
against the US dollar and of course the US
and global stock exchanges," he added.
Editor: Hafiyyan
Menurutnya, kebijakan China memang
telah dirancang untuk mendorong
kenaikan harga komoditas ini.
“Beberapa strategi China seperti meman-
faatkan harga yang turun untuk menimbun
batu bara sehingga nantinya akan memicu
rebound harga,” jelasnya.
Ia melanjutkan, meski resesi ekonomi telah
terjadi pada sebagian besar negara,
harapan pasar akan munculnya stimulus
besar secara moneter maupun fiskal juga
akan memicu kenaikan harga batu bara.
Hal tersebut, lanjutnya, akan memicu
terjadinya reflationary trade yang juga
telah didukung oleh bank sentral AS, The
Federal Reserve (The Fed). Wahyu men-
jelaskan, saat ini The Fed menggunakan
target rata-rata inflasi yang diperolehkan
melewati 2 persen tanpa harus mengubah
kebijakannya.
“Ini sangat akomodatif dan longgar dan
dapat memicu pelemahan dolar AS dan
menguatkan lawan dolar AS seperti mata
uang lain dan komoditas, termasuk batu
bara,” jelasnya.
Wahyu melanjutkan, harga batu bara telah
memicu inflasi AS melebihi batas 2 persen.
The Fed juga tengah membiarkan hal ini
hingga pasar tenaga kerja kembali ke level
optimal sebelum mengambil tindakan.
“Pembiaran ini memang jadi angin segar
bagi harga komoditas, termasuk batu bara,
melawan dolar AS dan pastinya bursa
saham AS serta global,” imbuhnya. Editor :
Hafiyyan
IMA-Daily Update Page 15
Business diversification makes Bukit Asam's (PTBA) shares still
attractive Reporter: Akhmad Suryahadi | Editor: Herlina
Kartika Dewi
THE PERFORMANCE of PT Bukit Asam Tbk (PTBA) during the first six months of 2020 was under pressure. This state-owned coal mining company posted a net profit of Rp 1.28 trillion. This realization decreased by 35.8% from the first semester of 2019 which amounted to Rp 2.0 trillion.
From the topline side, PTBA recorded a decline in revenue of 15.1% on an annual basis to Rp 9.01 trillion.
Danareksa Sekuritas analyst Stefanus Darmagiri assessed that PTBA's perfor-mance in the first semester was still in line with the expectations set by Danareksa, which reflected 53% of expectations and 47% of consensus.
The weakening of Bukit Asam's profitability reflects a decrease in coal sales volume by 14.7% on a quarterly basis, which was caused by the implementation of large-scale social restrictions (PSBB) which ultimately reduced electricity demand. As a result, Bukit Asam's domestic coal sales volume fell 31.8% on a quarterly basis.
PTBA's average selling price (ASP) of coal also weakened in the second quarter. In addition, operational costs (opex) were also observed to be higher, increasing by 62.3% on a quarterly basis.
However, Stefanus said PTBA management hopes that coal sales volume will recover in the second half compared to the second quarter of 2020. This is in line with...
Diversifikasi bisnis membuat saham Bukit Asam (PTBA) masih
atraktif Reporter: Akhmad Suryahadi | Editor: Herlina
Kartika Dewi
KINERJA PT Bukit Asam Tbk (PTBA)
sepanjang enam bulan pertama 2020 mengalami tekanan. Emiten pertambangan batubara pelat merah ini membukukan laba bersih senilai Rp 1,28 triliun. Realisasi ini turun 35,8% dari semester pertama 2019 yang sebesar Rp 2,0 triliun.
Dari sisi topline, PTBA mencatat penu-runan pendapatan sebesar 15,1% secara tahunan menjadi Rp 9,01 triliun.
Analis Danareksa Sekuritas Stefanus Darmagiri menilai, torehan kinerja PTBA pada semester pertama masih sesuai dengan ekspektasi yang dipasang Dana-reksa, yakni mencerminkan 53% dari ekspektasi dan 47% dari konsensus.
Melemahnya profitabilitas Bukit Asam men-cerminkan penurunan volume penjualan batubara sebesar 14,7% secara kuartalan, yang disebabkan oleh penerapan pem-batasan sosial berskala besar (PSBB) yang akhirnya mengurangi permintaan listrik. Dengan demikian, volume penjualan batu-bara domestik Bukit Asam merosot 31,8% secara kuartalan.
Harga jual rata-rata atau average selling price (ASP) batubara PTBA juga melemah di kuartal kedua. Selain itu, biaya operasional (opex) juga terpantau lebih tinggi yakni naik 62,3% secara kuartalan.
Meski demikian, Stefanus mengatakan manajemen PTBA berharap volume pen-jualan batubara akan pulih semester kedua dibandingkan dengan kuartal kedua 2020. Hal ini seiring dengan...
IMA-Daily Update Page 16
This is in line with the revival of domestic demand from the State Electricity Company (PLN), following the easing of the PSBB. In addition, with PTBA eyeing new export markets such as Bangladesh, Pakistan, Brunei and Cambodia, coal exports are expected to increase further this semester.
"The soft coal price is expected to have an impact on domestic prices in the second half of 2020, especially given the pricing scheme that is based on the average price of the previous quarter. However, we hope the company can make further efficiency," wrote Stefanus in his research, Wednesday (30/9).
Danareksa Sekuritas maintains a recommendation to buy PTBA's shares with a target price of Rp 2,900.
One of the attractions of PTBA is the diversification of its business into the
mine-mouth power generation segment and coal gasification which will increase
coal production going forward. This is because the coal produced by Bukit Asam
will be supplied for the two projects.
Previously, the President Director of Bukit Asam Arviyan Arifin said that the progress
of the Sumsel 8 Mine Mouth PLTU as of June 2020 had reached 43% and was
expected to operate commercially in the first quarter of 2022.
On the other hand, this issuer is also in the
process of building a coal gasification plant, which will produce 1.4 million tons
of Dymethil Ether (DME) per year.
Arviyan said that the output of this
gasification will later be a substitute for liquefied petroleum gas (LPG), which the
government has been importing so far.
Hal ini seiring dengan bangkitnya kembali permintaan domestik dari Perusahaan Listrik Negara (PLN), menyusul pelong-garan PSBB. Selain itu, dengan PTBA mengincar pasar ekspor baru seperti Bangladesh, Pakistan, Brunei , dan Kamboja, ekspor batubara diharapkan lebih meningkat pada semester ini.
“Harga batubara yang lunak diperkirakan akan berdampak pada harga domestik di semester kedua 2020, terutama mengingat skema penetapan harga yang didasarkan pada harga rata-rata kuartal sebelumnya. Namun, kami berharap perusahaan dapat melakukan efisiensi lebih lanjut,” tulis Stefanus dalam riset, Rabu (30/9).
Danareksa Sekuritas mempertahankan rekomendasi beli saham PTBA dengan target harga Rp 2.900.
Salah satu daya tarik PTBA adalah diver-sifikasi bisnisnya ke segmen pembangkit listrik mulut tambang dan gasifikasi batubara yang akan meningkatkan produksi batubara ke depannya. Sebab, batubara hasil produksi Bukit Asam akan dipasok untuk kedua proyek tersebut.
Sebelumnya, Direktur Utama Bukit Asam Arviyan Arifin mengatakan kemajuan PLTU Mulut Tambang Sumsel 8 per Juni 2020 telah mencapai 43% dan diharapkan beroperasi secara komersial pada kuartal pertama 2022.
Di sisi lain, emiten ini juga tengah dalam proses membangun pabrik gasifikasi batu-bara, yang akan menghasilkan 1,4 juta ton Dymethil Ether (DME) per tahunnya.
Arviyan mengatakan, nantinya output gasifikasi ini akan menjadi pengganti (substitusi) liquefied petroleum gas (LPG) yang selama ini masih diimpor peme-rintah.
IMA-Daily Update Page 17
Martabe Gold Mine won three Mining Awards and a Best
Exploration Commitment Award
PT AGINCOURT Resources (PTAR), the
manager of the Martabe Gold Mine in Batangtoru, South Tapanuli won three awards in the Award for Achievement for the Application of Good Mineral and Coal Mining Engineering Principles in 2020 held by the Directorate General (Ditjen) of Mineral and Coal, Ministry of Energy and Mineral Resources (MEMR), Tuesday (29/9).
Apart from winning an award from the Directorate General of Mineral and Coal, PTAR also won the Best Exploration Commitment award for the mineral mining company category at the Association of Indonesian Geologists (IAGI) Exploration Awards 2020 which was held on the same day, face-to-face and virtual, in Jakarta.
At the event held by the Directorate General of Mineral and Coal, Ministry of EMR, PT Agincourt Resources won one Main Award (silver) for the category of Mineral Mining Environmental Management (for Contract of Work Permit Holders), as well as two Pratama (Bronze) awards for the category of Mineral Mining Safety Management & Standardization Management and Mining Service Business. This award was given virtually.
Operational Director of PT Agincourt Resources, Darryn McClelland expressed his gratitude to the Directorate General of Mineral and Coal of the Ministry of EMR for the appreciation given by assessing the efforts to implement good mining principles, especially in environmental aspects, work safety and standardization of mining business services at the Martabe Gold Mine.
Tambang Emas Martabe raih tiga Penghargaan Pertambangan dan
Penghargaan Best Exploration Commitment
PT AGINCOURT Resources (PTAR), penge-
lola Tambang Emas Martabe di Batangtoru, Tapanuli Selatan meraih tiga penghargaan dalam ajang Penghargaan Prestasi Penerapan Kaidah Teknik Pertambangan Mineral dan Batubara yang Baik Tahun 2020 yang digelar oleh Direktorat Jenderal (Ditjen) Mineral dan Batubara Kementerian ESDM (KESDM), Selasa (29/9).
Selain meraih penghargaan dari Ditjen Minerba, PTAR juga meraih penghargaan Best Exploration Commitment untuk kategori perusahaan tambang mineral pada Ikatan Ahli Geologi Indonesia (IAGI) Exploration Awards 2020 yang digelar di hari yang sama melalui tatap muka dan virtual, di Jakarta.
Pada event yang diselenggarakan Ditjen Minerba KESDM, PT Agincourt Resources berhasil memboyong satu Penghargaan Utama (perak) untuk kategori Pengelolaan Lingkungan Pertambangan Mineral (untuk Pemegang Izin Kontrak Karya), serta dua penghargaan Pratama (Perunggu) untuk kategori Pengelolaan Keselamatan Pertam-bangan Mineral & Pengelolaan Standardisasi dan Usaha Jasa Pertambangan. Penyerahan penghargaan ini dilakukan secara virtual.
Direktur Operasional PT Agincourt Resources, Darryn McClelland menyatakan terima kasih kepada Ditjen Minerba KESDM atas apresiasi yang diberikan dengan menilai upaya penerapan kaidah pertambangan yang baik khususnya dalam aspek lingkungan, keselamatan kerja dan standardisasi jasa usaha pertambangan di Tambang Emas Martabe.
IMA-Daily Update Page 18
According to Darryn, specifically for the environmental aspect, environmental management planning at the Martabe Gold Mine was initiated even before the project began, namely by implementing a compre-hensive environmental monitoring program and various environmental impact studies.
Several areas of environmental manage-ment in the operation of the Martabe Gold Mine include water management, waste management, land rehabilitation and protection of biodiversity. "The company maintains the achievements of effective environmental compliance management in 2019. The company complies with laws and regulations regarding the environment and there have been no incidents of environ-mental non-compliance throughout 2019," said Darryn.
Likewise in terms of occupational safety aspects, the Martabe Gold Mine always strives to improve health and safety performance according to best practices in the mining industry.
"We are fully committed to prioritizing occupational health and safety in our daily operations and continuing to create zero accidents and incidents in the workplace," said Darryn. Meanwhile, regarding the award for the category of Management of Service and Mining Business Standardi-zation, PTAR has a policy to support local suppliers, particularly regarding the purchase of goods and services while still paying attention to cost and compliance with quality. At the end of 2019, PTAR recorded that it had 776 active suppliers, of which 100 or 13% were local suppliers (an increase from 9% in 2018).
The awarding of the Achievement Assess-ment for the Application of Good Mineral and Coal Mining Techniques for the first time was held for the first time in 2020. But the history of awarding goes back a long time.
Menurut Darryn khusus untuk aspek ling-kungan, perencanaan pengelolaan ling-kungan di Tambang Emas Martabe telah diinisiasi bahkan sebelum proyek dimulai, yakni dengan penerapan program peman-tauan lingkungan komprehensif dan ber-bagai studi dampak lingkungan.
Beberapa lingkup pengelolaan lingkungan di operasional Tambang Emas Martabe di antaranya pengelolaan air, pengelolaan limbah, rehabilitasi lahan dan perlindungan terhadap keanekaragaman hayati. “Per-usahaan mempertahankan capaian mana-jemen kepatuhan lingkungan yang efektif di tahun 2019. Perusahaan mematuhi per-aturan perundang-undangan tentang ling-kungan hidup dan tidak ada insiden ketidak-patuhan lingkungan sepanjang tahun 2019,” kata Darryn.
Begitupun dalam hal aspek keselamatan kerja, Tambang Emas Martabe senantiasa berupaya meningkatkan kinerja kesehatan dan keselamatan sesuai praktik terbaik dalam industri pertambangan.
“Kami berkomitmen penuh memprioritas-kan kesehatan dan keselamatan kerja dalam kegiatan operasional sehari-hari dan terus mewujudkan nihil kecelakaan dan insiden di tempat kerja,” kata Darryn. Sedangkan terkait penghargaan kategori Pengelolaan Standardisasi Jasa dan Usaha Pertambangan, PTAR memiliki kebijakan untuk mendukung pemasok lokal, khususnya terkait pembelian barang dan jasa dengan tetap memper-hatikan biaya dan pemenuhan kualitas. Pada akhir tahun 2019, PTAR mencatat memiliki 776 pemasok aktif, di antaranya 100 atau 13% merupakan pemasok lokal (meningkat dari tahun 2018 yang hanya 9%).
Pemberian Penghargaan Penilaian Prestasi Penerapan Kaidah Teknik Pertambangan Mineral dan Batubara Yang Baik untuk pertama kali baru diadakan pada tahun 2020 ini. Namun sejarah pemberian peng-hargaan telah dimulai sejak lama.
IMA-Daily Update Page 19
Mineral and coal Mining Safety Manage-ment Achievement Award has been held since 1992, Mineral and Coal Mining Environmental Management Achievement Award has been held since 2004, Mining Service Business Management Achieve-ment Award has been held since 2018, while Mineral and Coal Mining Technical Management Achievement Award and the Mineral and Coal Conservation Manage-ment Achievement Award just started this year.
According to the Director General of Mineral and Coal of the Ministry of EMR, Ridwan Djamaluddin, the aim of awarding the Award for the Application of Good Mineral and Coal Mining Techniques for Mineral and Coal is the driving force and motivation for the Heads of Mining Engineering to achieve the highest achieve-ment in Mining Technical management, Mining Safety Management , Mining Environmental Management, Conservation Management and Standardization Manage-ment and Mineral and Coal Mining Services Business.
The Mineral and Coal Mining Safety and Environmental Management Award activities are divided into several stages, namely the initial or administrative assess-ment stage, then the field verification or evaluation stage and the third stage of the final assessment or evaluation. This assessment involved Mine Inspectors and experts from the Department of Occupational Safety and Health - UI Faculty of Public Health, IPB Faculty of Forestry, IPB Environmental Research Center, IPB Mine Reclamation Study Center.
Meanwhile, in the awarding of the IAGI Exploration Awards 2020 which was first held, PT Agincourt Resources was awarded the Best Exploration Commitment award for the mineral commodity sector.
Penghargaan Prestasi Pengelolaan Kese-lamatan Pertambangan mineral dan batu-bara telah diadakan sejak tahun 1992, Penghargaan Prestasi Pengelolaan Ling-kungan Hidup Pertambangan Mineral dan Batubara telah diadakan sejak tahun 2004, Penghargaan Prestasi Pengelolaan Usaha Jasa Pertambangan telah diadakan sejak tahun 2018, sedangkan Penghargaan Prestasi Pengelolaan Teknis Pertambangan Mineral dan Batubara dan Penghargaan Prestasi Pengelolaan Konservasi Mineral dan Batubara baru dimulai tahun ini.
Menurut Dirjen Minerba Kementerian ESDM, Ridwan Djamaluddin, tujuan pem-berian Penghargaan Penerapan Kaidah Teknik Pertambangan Mineral dan Batubara Yang Baik Mineral dan Batubara ini adalah pendorong serta pemberi motivasi kepada para Kepala Teknik Tambang untuk men-capai prestasi setinggi-tingginya dalam pengelolaan Teknis Pertambangan, Penge-lolaan Keselamatan Pertambangan, Penge-lolaan Lingkungan Hidup Pertambangan, Pengelolaan Konservasi dan Pengelolaan Standardisasi dan Usaha Jasa Pertambangan Mineral dan Batubara.
Kegiatan Penghargaan Pengelolaan Kese-lamatan dan Lingkungan Pertambangan Mineral dan Batubara dibagi dalam bebe-rapa tahap, yaitu tahap penilaian awal atau administrasi, lalu tahap verifikasi atau eva-luasi lapangan dan ketiga tahap penilaian atau evaluasi akhir. Penilaian ini melibatkan para Inspektur Tambang dan tenaga ahli yang berasal dari Departemen Keselamatan dan Kesehatan Kerja – Fakultas Kesehatan Masyarakat UI, Fakultas Kehutanan IPB, Pusat Penelitian Lingkungan Hidup IPB, Pusat Studi Reklamasi Tambang IPB.
Sementara itu dalam penganugerahan IAGI Exploration Awards 2020 yang pertama kali digelar, PT Agincourt Resources dianugerahi penghargaan Best Exploration Commitment untuk sektor komoditi mineral.
IMA-Daily Update Page 20
This category is seen from the exploration plan versus the realization of exploration activities as evidenced by the Work Plan and Budget (RKAB) data, the period of continuous exploration activities and an increase in the exploration stage. In this event, PTAR was also nominated for the Best People Development and Best Discovery categories.
PT Agincourt Resources Corporate Communications Senior Manager, Katarina Siburian Hardono expressed an honor for PTAR to receive this award. "Thank you to the jury and IAGI who have entrusted this award to us. This is an honor and a trigger and encouragement for us in the future to continue to be committed and responsible for improving our exploration perfor-mance in the future," said Katarina. "On behalf of the management of PT Agincourt Resources Tambang Emas Martabe, we also wish IAGI Happy 60th Birthday, I hope it will be more advanced and successful in its work, and the highest appreciation for this award."
The General Chairperson of IAGI, Sukmandaru Prihatmoko, stated that the awarding of this award was intended to give appreciation and appreciation to companies that explored the land for earth resources.
"This award is expected to maintain the company's commitment to natural resource exploration activities in Indonesia so as to encourage the discovery of new reserves and maintain a stable balance of mineral and coal, oil and gas and geo-thermal resources," said Sukmandaru.
In the first IAGI Exploration Awards 2020, there are six award categories, namely: Best People Development, Best Exploration Commitment, Exploration Largest Expenditure, Best Technical and Innovative Discovery, Best Discovery, and Best Service Company.
Kategori ini dilihat dari rencana eksplorasi versus realisasi kegiatan eksplorasi yang dibuktikan dari data Rencana Kerja dan Anggaran Biaya (RKAB), periode kegiatan eksplorasi yang sifatnya continue serta adanya peningkatan tahapan eksplorasi. Dalam ajang ini, PTAR juga masuk dalam nominasi untuk kategori Best People Development dan Best Discovery.
Senior Manager Corporate Communications PT Agincourt Reources, Katarina Siburian Hardono menyatakan satu kehormatan bagi PTAR untuk bisa menerima penghargaan ini. “Terima kasih kepada tim juri dan IAGI yang sudah mempercayakan penghargaan ini kepada kami. Ini adalah satu kebanggaan dan menjadi pemicu serta penyemangat kami ke depannya untuk terus memegang komitmen dan bertanggung jawab meningkatkan kinerja eksplorasi kami ke depannya,” kata Katarina. “Mewakili jajaran manajemen PT Agincourt Resources Tambang Emas Martabe, kami juga ucapkan Selamat Ulang Tahun ke-60 IAGI, semoga semakin maju dan sukses dalam kiprahnya, dan apresias i setinggi-tingginya untuk penghargaan ini.”
Ketua Umum IAGI, Sukmandaru Prihatmoko, menyatakan penganugerahan penghargaan ini dimaksudkan untuk memberikan apresiasi dan penghargaan kepada per-usahaan pelaku eksplorasi sumberdaya kebumian di tanah air.
"Penghargaan ini diharapkan bisa menjaga komitmen perusahaan terhadap kegiatan eksplorasi sumberdaya alam di Indonesia sehingga mendorong penemuan-penemuan cadangan baru serta menjaga kestabilan neraca sumberdaya minerba, migas serta panas bumi," tandas Sukmandaru.
Dalam IAGI Exploration Awards 2020 pertama ini terdapat enam kategori peng-hargaan yakni: Best People Development, Best Exploration Commitment, Exploration Largest Expenditure, Best Technical and Innovative Discovery, Best Discovery, dan Best Service Company.
IMA-Daily Update Page 21
This award is given to exploration
companies and exploration service
companies which are grouped based on
four commodities, namely Mineral, Coal,
Geothermal and Oil and Gas.
The Minister of EMR, Arifin Tasrif, in his
virtual remarks expressed his gratitude to
IAGI, in the midst of the pandemic, he
remains highly committed to developing
the energy and mineral resources sector.
According to Arifin, although in the last few
years the total exploration costs in
Indonesia were still low globally, there was
an increase in exploration costs in 2019.
"To encourage the development of natural
resources and increase investment in
energy and minerals, particularly in
exploration activities, the government
strives to continuously improve the
investment climate and listen to the
aspirations of various elements of society,
entrepreneurs and experts in the field of
energy and mineral resources," said Arifin.
Vice President Director & CEO of PT
Agincourt Resources, Tim Duffy welcomes
a number of awards the company has
received. According to Tim, this
appreciation is the fruit of the hard work of
the Martabe team which is based on the
foundation of GREAT Martabe's core values
to maintain the company's performance
and growth, with the support of all
stakeholders. "Congratulations to Team
Martabe," said Tim. Reporter: Evalisa Siregar,
Editor: Akung
Penghargaan ini diberikan kepada per-
usahaan eksplorasi dan perusahaan jasa
eksplorasi yang dikelompokkan berdasar-
kan empat komoditi, yakni Mineral, Batu-
bara, Panas Bumi dan Migas.
Menteri ESDM, Arifin Tasrif , dalam
sambutan virtualnya menyatakan terima
kasih kepada IAGI, di tengah pandemik
tetap berkomitmen tinggi mengembangkan
sektor energi dan sumber daya mineral.
Menurut Arifin meski dalam beberapa
tahun terakhir ini total biaya eksplorasi di
Indonesia masih rendah secara global
namun terdapat peningkatan biaya eksplo-
rasi di 2019.
"Untuk mendorong pengembangan sumber
daya alam dan peningkatan investasi
energi dan mineral, khususnya kegiatan
eksplorasi, pemerintah berupaya terus
menerus memperbaiki iklim investasi serta
mendengarkan aspirasi dari berbagai
element masyarakat, pengusaha dan para
ahli di bidang energi dan sumber daya
mineral," kata Arifin.
Wakil Presiden Direktur & CEO PT
Agincourt Resources, Tim Duffy menyam-
but baik sejumlah penghargaan yang diraih
perusahaan. Menurut Tim, apresiasi ini
merupakan buah dari kerja keras tim
Martabe yang didasari pondasi nilai inti
GREAT Martabe untuk tetap menjaga
kinerja dan pertumbuhan perusahaan,
dengan dukungan seluruh pemangku
kepentingan. “Selamat untuk Tim
Martabe,” kata Tim. Pewarta : Evalisa Siregar,
Editor: Akung
IMA-Daily Update Page 22
Completing the Divestment of 20% Shares, Consider Vale Indonesia
(INCO) Plans Going Forward Reporter: Akhmad Suryahadi | Editor: Herlina
Kartika Dewi
PT VALE Indonesia Tbk (INCO) officially announced the sale (transfer) of 20% of its shares to PT Indonesia Asahan Aluminum (Inalum) or MIND ID. Quoting the disclosure of information on the Indonesia Stock Exchange website, Wednesday (7/10), the divestment of 20% shares amounts to Rp 5.52 trillion, consisting of 1.98 billion shares.
For information, the divestment process was carried out in order to fulf ill INCO's obligations based on the Amendment to the Contract of Work dated 17 October 2014 signed by INCO and the Government of the Republic of Indonesia (Amendment to CoW). Under the COW Amendment, divestment is one of the obligations that this nickel issuer must fulfill to continue its operations after 2025.
After completing the divestment, INCO has prepared steps that will be taken in the near future. Vale Indonesia Finance Director Bernardus Irmanto said the next step that would be taken was of course implementing some of the agreements contained in the shareholder agreement.
One of them is to carry out a debottle-necking study to see the opportunity to what extent INCO can maximize the current smelter production capacity.
"In addition, of course with the inclusion of directors and commissioners who are appointed by Inalum, it is hoped that there will be more discussions and synergies to support the company's strategy," said Bernardus to Kontan.co.id, Wednesday (7/10).
Rampungkan divestasi 20% saham, simak rencana Vale Indonesia (INCO) ke depan
Reporter: Akhmad Suryahadi | Editor: Herlina Kartika Dewi
PT VALE Indonesia Tbk (INCO) resmi meng-
umumkan penjualan (pengal ihan) 20% sahamnya kepada PT Indonesia Asahan Aluminium (Inalum) atau MIND ID. Mengutip keterbukaan informasi di laman Bursa Efek Indonesia, Rabu (7/10), divestasi 20% saham ini berjumlah Rp 5,52 triliun yang terdiri dari 1,98 miliar saham.
Untuk diketahui, proses divestasi ini dilaku-kan guna memenuhi kewajiban INCO ber-dasarkan Amandemen Kontrak Karya tanggal 17 Oktober 2014 yang ditandatangani oleh INCO dan Pemerintah Republik Indonesia (Amandemen KK). Berdasarkan Amandemen KK, divestasi merupakan salah satu kewajiban yang harus dipenuhi oleh emiten nikel ini untuk melanjutkan operasinya setelah tahun 2025.
Pasca merampungkan divestasi, INCO telah menyiapkan langkah yang akan dilakukan dalam waktu dekat. Direktur Keuangan Vale Indonesia Bernardus Irmanto mengatakan langkah selanjutnya yang akan dilakukan tentu saja melaksanakan beberapa kese-pakatan yang tertuang dalam shareholder agreement.
Salah satunya adalah melaksanakan debottle-necking study untuk melihat peluang sejauh mana INCO bisa memaksimalkan kapasitas produksi smelter yang ada saat ini.
“Selain itu, tentu saja dengan masuknya direksi dan komisaris yang diangkat Inalum diharapkan semakin banyak diskusi dan sinergi yang bisa dilakukan untuk men-dukung strategi perusahaan,” ujar Bernardus kepada Kontan.co.id, Rabu (7/10).
IMA-Daily Update Page 23
Previously, at the extraordinary general meeting of shareholders (EGMS) which was held on Monday (7/9), the inhabitants of the Kompas100 Index added to the ranks of commissioners and directors in line with the plan to divest 20% of the nickel producer shares to the mining holding company of the State-Owned Enterprise (SOE).
President Director of Vale Indonesia Nicolas Kanter hopes that this divestment will strengthen INCO's long-term commit-ment to sustainability and local empower-ment in Indonesia.
"PT Vale Indonesia welcomes Inalum as a shareholder and congratulates the alliance between Vale Canad a Limited (VCL), Sumitomo Metal Mining (SMM), and Inalum," explained Nicolas, Wednesday (7/10).
Bernardus said that INCO's production target until the end of the year is still at 73,700 tons. The increase in the production target was due to INCO's decision to postpone the construction of electric furnace 4 which was originally scheduled to be carried out in the fourth quarter of 2020, but was postponed to the second quarter of 2021.
Previously, INCO targeted the nickel production volume this year to be at 71,000 tons. However, one of the consequences of delaying the construction of this stove is the potential decline in the amount of production next year.
As an illustration, Vale Indonesia's nickel matte production in the first half of 2020 reached 36,315 tons, an increase of 18% when compared to production in the first semester of 2019 which was recorded at only 30,711 tons. In the first half of last year, INCO conducted a longer planned shutdown for activities related to the maintenance of Larona Canal Lining.
Sebelumnya, pada rapat umum pemegang saham luar biasa (RUPSLB) yang digelar Senin (7/9), penghuni Indeks Kompas100 ini menambah jajaran komisaris dan direksi seiring dengan rencana divestasi 20% saham produsen nikel ini kepada holding pertambangan Badan Uusaha Milik Negara (BUMN).
Presiden Direktur Vale Indonesia Nicolas Kanter berharap divestasi ini memperkuat komitmen jangka panjang INCO terhadap keberlanjutan dan pemberdayaan lokal di Indonesia.
“PT Vale Indonesia menyambut baik Inalum sebagai pemegang saham dan mengucapkan selamat atas aliansi antara Vale Canada Limited (VCL), Sumitomo Metal Mining (SMM), dan Inalum," terang Nicolas, Rabu (7/10).
Bernardus mengatakan target produksi INCO hingga akhir tahun masih di angka 73.700 ton. Naiknya target produksi ini disebabkan oleh keputusan INCO untuk menunda pembangunan tanur listrik 4 yang semula dijadwalkan akan dilakukan pada triwulan keempat 2020, diundur menjadi ke triwulan kedua tahun 2021.
Sebelumnya, INCO menargetkan volume produksi nikel tahun ini ada di angka 71.000 ton. Namun, salah satu konsekuensi dari penundaan pembangunan tungku ini adalah potensi turunnya jumlah produksi di tahun depan.
Sebagai gambaran, produksi nikel matte Vale Indonesia di semester I-2020 men-capai 36.315 ton, naik 18% bila di-bandingkan dengan produksi semester I-2019 yang tercatat hanya 30.711 ton. Pada semester pertama tahun lalu, INCO melakukan shutdown terencana yang lebih panjang untuk kegiatan terkait dengan pemeliharaan Larona Canal Lining.
IMA-Daily Update Page 24
PT. NHM Supports Quality Improvement Program for Honorary
Teachers in the Mining Circle By PM.com EDITORIALS
PT NUSA Halmahera Minerals (PTNHM) under the ownership of PT Indotan Halmahera Bangkit (Indotan) shows its concern for the world of education in North Halmahera Regency, especially around the mine by supporting the quality improvement program for Honorary Teachers in a number of schools in five sub-districts around the company's mine.
PTNHM's support was outlined in the form of a Memorandum of Understanding (MoU) between PTNHM and the Education Office and North Halmahera District and the North Maluku Province Education Quality Assurance Agency (LPMP) which was signed in Tobelo on September 30 2020 and in Ternate on October 3, 2020.
According to PTNHM Corporate Communi-cations Manager, Ramdani Sirait, the MoU signing was carried out by PTNHM's Social Performance Manager, HANSED P. LASA S.IP, Head of North Halmahera District Education and Culture Office HERTJE MANUEL, S.Pd. MM, Head of North Halmahera District Education Office Branch, RUSLI S JAFAR, S.Ag. M.Pd.I, Head of the North Maluku Education Quality Assurance Agency (LPMP), Drs. LA ODE SAFIHU, M.Pd.
"PTNHM management under Indotan leadership pays attention to efforts to improve the quality of education for students around the mine. Hopefully this program can improve the quality of teachers which can have a positive impact on the teaching and learning system in schools," said Ramdani.
PT. NHM Dukung Program Peningkatan Kualitas Guru
Honorer di Lingkar Tambang By REDAKSI PM.com
PT NUSA Halmahera Minerals (PTNHM) di bawah kepemilikan oleh PT Indotan Halmahera Bangkit (Indotan) menunjukkan kepeduliannya terhadap dunia Pendidikan di Kabupaten Halmahera Utara, khusus di lingkar tambang dengan mendukung program peningkatan kualitas para Guru Honorer di sejumlah sekolah di lima Kecamatan di lingkar tambang perusahaan.
Dukungan PTNHM tersebut dituangkan dalam bentuk Nota Kesepahaman (Memo-randum of Understanding/MoU) antara PTNHM dengan Dinas Pendidikan dan Kabupaten Halmahera Utara dan Lembaga Penjaminan Mutu Pendidikan (LPMP) Provinsi Maluku Utara yang ditandatangani di Tobelo pada 30 September 2020 dan di Ternate pada 3 Oktober 2020.
Menurut Manajer Komunikasi Perusahaan PTNHM, Ramdani Sirait, Penandatangan MoU dilakukan oleh Manajer Kinerja Sosial PTNHM, HANSED P. LASA S.IP, Kepala Dinas Pendidikan dan Kebudayaan Kabupaten Halmahera Utara HERTJE MANUEL, S.Pd. MM, Kepala Cabang Dinas Pendidikan Kabupaten Halmahera Utara, RUSLI S JAFAR, S.Ag. M.Pd.I, Kepala Lembaga Penjaminan Mutu Pendidikan (LPMP) Maluku Utara, Drs. LA ODE SAFIHU, M.Pd.
“Manajemen PTNHM di bawah kepemim-pinan Indotan menaruh perhatian terhadap upaya meningkatkan kualitas Pendidikan para siswa di lingkar tambang. Semoga program ini dapat meningkatkan kualitas para guru yang dapat berdampak positif pada sistem belajar dan mengajar di sekolah-sekolah,” kata Ramdani.
IMA-Daily Update Page 25
Meanwhile, PTNHM Social Performance Manager, Hansed P. Lasa explained that the cooperation agreement was carried out in the context of Education and Training for Strengthening Learning Competencies for Core Teachers, Supervisors and Honorary Teachers at the Elementary School, Junior High School, Senior High School/Vocational High School. in the five PTNHM Mining Ring District for 2020.
"The Training for Strengthening Learning Competence (PKP) is targeted at 580 training participants consisting of 60 Civil Servant Teachers and Supervisors in the Education Office of North Halmahera Regency, 240 honorary school teachers at the elementary level and 240 junior high schools. 130 people and 150 SMA/SMK levels who are currently still actively teaching in schools scattered in the sub-districts around the mine, namely Kao Teluk, Malifut, Kao, Kao Utara and Kao Barat," said Hansed.
Through this training program, efforts are made to develop/strengthen the professi-onal competence of honorary teachers in the form of increased understanding of the curriculum and learning outcomes based on minimum service standards in the context of ensuring the quality of national education.
Other objectives to be achieved are to improve pedagogic, academic, professional, and social competence of honorary teachers in subjects, create a vehicle for self-develop-ment for honorary teachers to be more professional, innovative and competent in carrying out assignments, solve various learning problems faced by honorary teachers through peer teaching , collaboration, and best practice, improve academic qualifications of subject teachers towards the certification process and help teachers prepare themselves earlier in managing the learning process, both administrative and qualitative in nature. (Mar/red)
Sementara itu, Manajer Kinerja Sosial PTNHM, Hansed P. Lasa menjelaskan, perjanjian kerja-sama tersebut dilakukan dalam rangka Pendidikan dan Pelatihan Penguatan Kompe-tensi Pembelajaran bagi Guru Inti, Pengawas dan Guru Honorer di tingkat Sekolah Dasar, Sekolah Menengah Pertama, Sekolah Menengah Atas/Sekolah Menengah Kejuruan yang ada di lima Kecamatan Lingkar Tambang PTNHM untuk Tahun 2020.
“Diklat Penguatan Kompetensi Pembelajaran (PKP) ini dengan tsasaran peserta Diklat sebanyak 580 orang terdiri dari tenaga Guru Pegawai Negeri Sipi l dan Pengawas d i lingkungan Dinas Pendidikan Kabupaten Halmahera Utara sebanyak 60 orang, tenaga guru honorer sekolah di tingkat SD sebanyak 240 orang dan tingkat SMP sebanyak 130 orang dan tingkat SMA/SMK sebanyak 150 orang yang pada saat ini masih aktif mengajar pada sekolah sekolah yang tersebar di Kecamatan lingkar tambang yaitu Kao Teluk, Malifut, Kao,Kao Utara dan Kao Barat,” kata Hansed.
Melalui program pelatihan ini, dilakukan upaya mengembangkan/menguatkan kom-petensi professional tenaga guru honorer dalam bentuk peningkatan pemahaman kurikulum dan hasil pembelajaran berdasar-kan standar pelayanan minimal dalam rangka penjaminan mutu pendidikan nasional.
Tujuan lain yang ingin dicapai adalah me-ningkatkan kompetensi pedagogik, aka-demik, professional, dan sosial guru-guru Honorer mata pelajaran, mewujudkan wahana pengembangan diri guru-guru honorer agar lebih profesional, inovatif, dan kompeten dalam melaksanakan tugas, me-mecahkan berbagai masalah pembelajaran yang dihadapi guru-guru honorer melalui peer teaching, kolaborasi, dan best practice, meningkatkan kualifikasi akademik guru-guru mata pelajaran menuju proses sertifi-kasi serta membantu guru-guru memper-siapkan diri lebih awal dalam mengelola proses pembelajaran, baik yang bersifat administratif maupun kualitatif. (Mar/red)
IMA-Daily Update Page 26
No more skyrocketing, coal
prices ended dropping! Tirta Citradi, CNBC Indonesia
COAL prices began to show signs of decline
after an unstoppable rally since the second week of September. Yesterday, Wednesday (7/10/2020) the price of coal was closed corrected.
Newcastle's benchmark thermal coal price for actively transacted contracts dropped almost 1% to US$ 61.35/ton. In trading the day before, coal prices closed at US$ 61.95/tonne.
The recent increase in coal prices was triggered by China's tight domestic supply, which caused its domestic coal price to soar higher than the informal target set by the Chinese authorities.
At the end of last week, Qinhuangdao thermal coal price for 5,500 Kcal/Kg rose 2.9% to RMB 612/ton or the equivalent of US$ 90.13/ton. This price is considered expensive because it is above the 'green zone' in the range of RMB 500 - RMB 570 per ton.
The green zone is an informal target for Chinese authorities to maintain the sustainability of the coal miners' business and the margins of utility companies. With domestic coal prices already high, many are interested in buying imported coal because the price is cheaper.
This increase in interest also boosted the price of seaborne coal. Although China began to strictly impose import quotas in the second and third quarters, with tight supplies there is a possibility that some regions will begin to loosen them. Moreover,...
Tak Meroket Lagi, Harga Batu
Bara Berakhir Drop! Tirta Citradi, CNBC Indonesia
HARGA batu bara mulai menunjukkan
sinyal penurunan setelah reli tak terbendung sejak minggu kedua bulan September lalu. Kemarin, Rabu (7/10/2020) harga batu bara ditutup terkoreksi.
Harga batu bara termal acuan Newcastle untuk kontrak yang aktif ditransaksikan drop nyaris 1% ke US$ 61,35/ton. Pada perdagangan sehari sebelumnya, harga batu bara ditutup di level US$ 61,95/ton.
Kenaikan harga batu bara yang belakangan terjadi memang dipicu oleh ketatnya pasokan domestik China sehingga membuat harga batu bara domestiknya melonjak tinggi melebihi target informal yang sudah ditetapkan oleh otoritas China.
Harga batu bara termal Qinhuangdao untuk kalori 5.500 Kcal/Kg pada akhir pekan lalu menguat 2,9% ke RMB 612/ton atau setara dengan US$ 90,13/ton. Harga tersebut tergolong kemahalan karena sudah berada di atas 'green zone' di rentang RMB 500 - RMB 570 per ton.
Green zone merupakan target informal otoritas China untuk tetap menjaga keberlanjutan bisnis para penambang batu bara serta margin perusahaan utilitas. Dengan harga batu bara domestik yang sudah mahal, maka banyak yang tertarik untuk membeli batu bara impor karena harganya lebih murah.
Kenaikan minat ini juga turut mendongkrak harga batu bara lintas laut (seaborne). Meski China mulai ketat menerapkan kuota impor pada kuartal kedua dan ketiga, tetapi dengan ketatnya pasokan ada kemungkinan beberapa wilayah mulai melonggarkannya. Apalagi...
IMA-Daily Update Page 27
Moreover, entering the year-end period, the import quota policy will be renewed.
On the other hand, the possibility of supply disruption due to wetter weather due to La Nina also has the potential to trigger a disruption in the coal supply chain in the Asia Pacific region amid efforts to cut production in Australia ahead of the Christmas holidays.
Until the end of the year or even early next year, in line with the improving prospect of coal demand, especially from China, along with the recovery of economic activity, the price of coal is likely to increase as well.
However, for a relatively longer term, this commodity will receive various threats from its substitution energy sources, especially those that are environmentally friendly alternative energy.
Coal is widely used in various industries such as steel making and fertil izer. However, most of these jet stones are used for electricity generation. One of the biggest coal consumers in the world, India, plans to actually reduce its dependence on coal for power generation by 2030.
"Non-fossil fuel sources will account for as much as 60 percent of our generating capacity by 2030," electricity minister Raj Kumar Singh told Argus Media yesterday. In India, non-thermal sources, such as nuclear, hydropower and renewable energy, currently account for 38.5% of installed capacity.
Delhi made an international commitment five years ago that as much as 40% of its overall generating capacity would be based on cleaner energy sources by 2030, a goal the country will achieve earlier this year. This is clearly a negative sentiment for coal. CNBC INDONESIA RESEARCH TEAM (twg/twg)
Apalagi memasuki periode akhir tahun kebijakan kuota impor akan diperbarui.
Di sisi lain adanya kemungkinan disrupsi pasokan akibat cuaca yang lebih basah akibat La Nina juga berpotensi memicu terjadinya disrupsi rantai pasok batu bara di kawasan Asia Pasifik di tengah upaya pemangkasan produksi di Australia jelang libur natal.
Sampai dengan akhir tahun atau bahkan awal tahun depan, seiring dengan membaiknya prospek permintaan batu bara terutama dari China seiring juga dengan aktivitas per-ekonomian yang mulai pulih, harga batu bara kemungkinan akan ikut terdongkrak.
Namun untuk jangka yang relatif lebih panjang, komoditas ini mendapat berbagai ancaman dari sumber energi substitusinya terutama untuk yang si fatnya energi alternatif ramah lingkungan.
Batu bara banyak digunakan di berbagai industri seperti pembuatan baja dan pupuk. Namun kebanyakan batu legam ini di-manfaatkan untuk pembangkit listrik. Salah satu konsumen batu bara terbesar di dunia yakni India berencana untuk benar-benar mengurangi ketergantungannya terhadap batu bara untuk pembangkit listrik 2030 nanti.
"Sumber bahan bakar non-fosil akan men-capai sebanyak 60 persen dari kapasitas pembangkit kita pada tahun 2030," kata menteri listrik Raj Kumar Singh kemarin kepada Argus Media. Di India, sumber non-termal, seperti nuklir, tenaga air dan energi terbarukan, saat ini mencapai 38,5% dari kapasitas terpasang.
Delhi membuat komitmen internasional lima tahun lalu bahwa sebanyak 40% dari kapasitas pembangkit secara keseluruhan akan didasarkan pada sumber energi yang lebih bersih pada tahun 2030, sebuah tujuan yang akan dicapai negara tersebut pada awal tahun ini. Ini jelas menjadi sentimen negatif untuk batu bara. TIM RISET CNBC INDONESIA (twg/twg)
IMA-Daily Update Page 28
Why Tesla is interested in Indonesia One of world's top nickel producers keen to develop full supply chain at home
Published: Reuters
INDONESIA's government is in early discussions with electric vehicles maker Tesla about a
potential investment in the country, a major producer of nickel, an official said.
Indonesia is keen to develop a full supply chain for nickel at home, especially for extracting battery chemicals, making batteries and eventually building electric vehicles. It has stopped exports of unprocessed nickel ore to support investment in its domestic industries.
Possible venture
Ayodhia Kalake, a senior official at the Coordinating Ministry for Maritime and Investment, said Tesla had reached out to the government informally about a possible venture, but he did not specify what it had in mind.
"It was still an early discussion and was not detailed yet," Ayodhia said in a statement on Monday (Oct 5). "We need further discussion with Tesla," he said, adding that Indonesia has a number of incentives for investment in electric vehicles.
Tesla did not immediately respond to a Reuters email seeking confirmation. Indonesia last month said it had secured a deal to build a lithium battery plant in the country with South Korean LG Chem and China's Contemporary Amperex Technology.
Tesla is looking to ramp up production of trucks and solar projects and its boss Elon Musk earlier this year urged miners to produce more nickel and offered "giant", long-term contracts if mined "efficiently and in an environmentally sensitive way".
Tesla earlier this week said it plans to build a $25,000 EV in about three years. One of the biggest challenges in making EVs cheaper is the battery, which currently represents about one-quarter of a car's cost because of the expensive metals used, such as lithium, cobalt, nickel and manganese.
While electric vehicles are expected to help reduce global carbon emission, activists are concerned that production of parts and increased mining may damage the environment. An Indonesian nickel smelting project being built by China's Tsingshan Group and partners to produce battery-grade chemicals withdrew a request to dispose of waste in the ocean, a government official said on Friday.
Tesla unit sales smashe analyst estimates
Tesla delivered 139,300 autos in the third quarter, crushing analyst estimates, according to figures released Friday (October 2, 2020) by the electric car company. Deliveries, a proxy for car sales at Elon Musk's high-flying company, marked an increase of 43 percent from the year-ago period following the production ramp-up of the Model 3 vehicle.
Tesla produced 128,044 of the Model 3, an increase of 60 percent from the year-ago level. Overall production was 145,036. Ford also reported better-than-expected sales, saying it sold 551,796 vehicles in the third quarter, down 4.9 percent from the 2019 period and better than the 8.0 percent fall that had been projected by Cox Automotive.
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Ford pointed to strong demand for its F-series pickup trucks and other larger vehicles. Automakers have seen surprisingly strong demand for vehicles, fueled by low interest rates and a trend among wealthier consumers shifting funds from vacation and other discretionary items to autos.
Tesla buys German battery assembler
On Friday (October 2, 2020), Tesla has agreed to acquire German ATW Automation, a supplier of assembling battery modules and packs for the auto industry, a source familiar with the transaction said on Friday.
ATW, a subsidiary of Canadian ATS Automation Tooling Systems Inc, was on the brink of liquidation due to a slump in orders, German media reported in September. ATS on Sept. 25 announced that certain assets and employees at one of its Germany-based units would be sold and transferred to a third party, without disclosing the name of the company.
ATS and ATW on Friday did not immediately respond to a request for comment. German outlets The European and WirtschaftsKurier first reported the acquisition. ATW, based in western Germany, has about 120 employees and has completed more than 20 battery production lines for international automakers, according to ATS' website.
Tesla plans to ramp up battery production significantly in the coming years and during a recent event presented innovations that it said would sharply reduce the cost of battery packs within the next three years. The company is currently building its third vehicle manufacturing facility near Berlin, which will also include a battery plant, and aims to start construction on a new vehicle factory in Texas this year. Tesla's planned future lineup includes the light duty Cybertruck and the Semi truck, which require higher battery capacities.
Lithium demand seen doubling in next four years By: Creamer Media Reporter
DEMAND for lithium is expected to more than double by 2024, as the production of electric
vehicle (EV) batteries is set for substantial growth, says data and analytics company GlobalData.
Demand for lithium is expected to rise at a 25.5% compound annual growth rate, from a forecast of 47 300 t in 2020, to 117 400 t in 2024, GlobalData says, basing its projection on EV production expanding from 3.4-million in 2020 to 12.7-million in 2024 and battery production growing from 95.3 GWh to 410.5 GWh over the same period.
Strong growth is forecast in China, which is determined to boost EV sales, targeting a 20% share of the new car sales by 2025. “The country’s decision to cut subsidies in a phased manner until 2022, rather than eliminating it in 2020, is expected to provide an essential boost to the domestic market, as well as the overall global EV market,” says GlobalData senior mining analyst Vinneth Bajaj.
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China’s lithium-ion battery manufacturing capacity is expected to increase from an estimated 388.2 GWh in 2020 to 575.3 GWh in 2024.
On its Battery Day, US EV manufacturer Tesla announced it is working towards achieving 100 GWh of cell production capacity by 2022 and up to 3 000 GWh by 2030. This is far greater than other manufacturers such as China’s BYD, which is expected to expand its capacity to 126 GWh in 2024, versus 40 GWh in 2019. Japan’s Panasonic, a key supplier to Tesla itself, is expected to increase its capacity from 40 GWh in 2019 to 63 GWh in 2021, while LG Chem will expand from 65.2 GWh in 2019 to 172.4 GWh in 2024.
Bajaj states that lithium production over the next four years will be supported by output from existing Australian mines, such as Mount Cattlin and Pilgangoora. Other major mines include Mount Marion, Salar de Atacama and Salar del Hombre Muerto located in Australia, Chile and Argentina, respectively.
“Lithium metal production is expected to reach 134 700 t versus 58 800 t in 2020. This follows a significant 18.2% decline in 2019 to 78 200 t, resulting from sluggish global EV sales and a steep fall in prices, which, in turn, encouraged reduced production levels.”
TerraCom refines Blair Athol mining to achieve strong coal sales Salomae Haselgrove
TERRACOM has confronted challenging coal market conditions to export 620,000 tonnes of
coal from its Australian operations during the September quarter.
The company exceeded initial expectations of reduced coal sales of 2 million tonnes per annum to achieve the result.
TerraCom achieved this while taking over the Blair Athol mine in Queensland’s Bowen Basin as owner/operator at the end of July.
During the takeover period, TerraCom has refined the mining process at Blair Athol to cut costs and run the mine more efficiently, which chief executive officer Danny McCarthy said has delivered ‘exceptional’ results.
“With an enhanced mine plan, optimised workforce numbers and significantly reduced cost base, Blair Athol has achieved an annualised coal sales run rate of 2.45 million tonnes per annum for the September 2020 quarter,” McCarthy said.
“Since taking over the Blair Athol operations as owner operator the company has identified a number of operational efficiencies and refinements within its mining process.
“Compared to the 2020 financial year, the company has reduced annualised coal sales from Blair Athol by only 109,000 tonnes or 4.2 per cent yet at the same time refined the operating cost per tonne resulting in more than a 17 per cent reduction.”
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TerraCom is now well positioned to achieve managed annual coal sales of 10.2 million tonnes or higher for the 2021 financial year.
The company acquired the Blair Athol mine via its subsidiary Orion Mining for just $1 from the Rio Tinto managed Blair Athol coal joint venture in 2016.
Anglo American wants to explore base metals in South Africa Reuters
ANGLO American wants to explore for base metals in South Africa, but the country needs
regulatory changes to make it more competitive with other mining jurisdictions, CEO Mark Cutifani said on Wednesday.
Policy uncertainty, insecurity of tenure and unreliable electricity supplies have stifled investment in Africa’s most industrialised economy, where the mining industry contributes around 9% to GDP.
“We will explore base metals across South Africa… We are already in Zambia and other places, we want to do more in South Africa so we are looking for adjustments in legislation there,” said Cutifani during the 2020 Joburg Mining Indaba conference.
He did not give details.
South Africa is traditionally Anglo American’s core territory, but the diversified miner has offset some of the risk of investing in the country, notably with operations in South America.
Anglo American said its interest in base metals, which include copper, nickel, lead, and zinc, was part of its global discovery strategy in greenfield and brownfield projects.
Cutifani also said he would like its South African platinum group metals (PGM) business to increase production of nickel, which can be used in battery production. (By Tanisha Heiberg and Helen Reid; Editing by Barbara Lewis)
American Resources Begins Sifting Coal Mining Waste to Produce Rare Earth Elements
Paul Ausick
WHEN American Resources Corp. (NASDAQ: AREC) reported quarterly results in late July,
the company said it created a wholly-owned subsidiary, American Rare Earth, to explore and monetize rare earth mineral deposits.
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Founded as a coal company, American Resources said it mined no coal in the quarter because it shut down its mines due to the COVID-19 pandemic. As a result, the company reported no revenues for the quarter.
Wednesday morning the company announced that its American Rare Earth subsidiary has begun “exploring strategic options to unlock the value of its rare earth assets.” The subsidiary plans to begin exploration at 10 former coal mine sites in eastern Kentucky. Coal, rare earth elements, what gives?
It turns out that many of the 17 rare earth elements exist in coal processing refuse and ash residue and that the concentration of heavy rare earth elements (the lowest in supply and among the highest in price) makes coal byproducts a particularly promising place to search for the elements.
In Wednesday’s announcement, American Resources said it had already made discoveries at some of its beneficiation ponds (which separate existing minerals from one another) and had captured rare earth elements. Now, Chairperson and CEO Mark Jensen said, American Rare Earth is moving swiftly to choose a “path that best unlocks the value of these assets for our shareholders while we continue to focus on growing our business.”
Initial analysis of American Rare Earth’s first project suggests the capability “to produce rare earth oxides having a mix of approximately 20% Neodymium, Praseodymium, and Dysprosium, in addition to healthy levels of Cobalt and Lithium, all important elements used in the production of permanent magnets, widely used in electric vehicles (EV’s) and other technologies.”
The attraction of the American Resources approach is that mining for rare earth elements in coal byproducts does not require the miner to employ environmentally damaging excavation. The old coal companies already have accomplished that part of the work. The company’s process uses “existing hydro-based extraction methods to capture and extract rare earth concentrates.” The company noted in a presentation that the hydro-extraction process improves the pH balance of the water, enabling its “environmentally safe discharge.”
The company also is looking for a site in central Appalachia to build its first commercial processing facility. Once the rare earth elements are extracted and concentrated, they need to be refined into oxides before being shipped off for use in making magnets and other products.
American Resource stock traded up by about 200% at one point Wednesday morning, setting a new 52-week high of $4.93. Shares traded at around $3.50 in the noon hour. The stock’s 52-week low is $0.32, and the consensus price target is $2.00.