PT Delta Dunia Makmur Tbk ( DOID ) is preparing a number of strategies to seize business opportunities in 2023. DOID's management sees that the coal business opportunities in Indonesia this year are still quite promising. DOID's Head of Investor Relations , Regina Korompis explained, in general about a number of factors that make the prospects for the coal business in the country remain promising. Regina explained, the geopolitical conditions of Russia and Ukraine, the current increase in Australian coal prices due to high rainfall which has hampered coal transportation, and the easing of restrictions in China will boost demand from China, as well as other countries, including India. "With the increase in prices and demand for coal from Indonesia, this will greatly help increase state revenue so that it can support government programs in recovering the post-pandemic economy," he explained to Kontan.co.id, Tuesday (10/1). Seeing this potential, DOID Management remains optimistic about the growth of the mining industry in Indonesia. In order to seize this opportunity, the company has prepared a number of strategies to keep growing amidst the challenges that may arise in the future.  Some of these strategies are developing the core business, namely Bukit Makmur Mandiri Utama (BUMA) and BUMA Australia, and strengthening strategic partnerships with existing partners. In line with this, his party also strengthens operational quality at all stages of mining.DOID also diversifies or expands its business into business lines that are close to the core business such as technology, infrastructure and further development of business social activities. Apart from that, as another form of diversification, DOID has also penetrated into mining ownership. "Last November, we announced an increase in our strategic stake in Asiamet Resources Limited worth £2.649 million (equivalent to US$ 3 million), in working on the BKM copper mine project located in Central Kalimantan," he said. Even though Regina has prepared various strategies and business focus this year, Regina did not provide an overview of the capital expenditure allocation for 2023. Launching the 2022 public expose report, last year DOID allocated a capital expenditure plan of US$ 150 million to US$ 200 million which was allocated for two things. First, Maintenance Capex to replace heavy equipment that is no longer usable. Second, New Capex for growth ( growth ) when acquiring new customers or contracts. From the budget of US$ 150-US$ 200 million, an amount of US$ 60-US$ 70 million is Capex growth carried forward from the previous year.  Source: https://industri.kontan.co.id/news/ini-strategi-delta-dunia-makmur-tangkap-peluang-bisnis-jasa-pertambangan-pada-2023

Coal shipping issuer PT Habco Trans Maritima Tbk. (HATM) signed a contract with PT Dwi Guna Laksana Tbk. (DWGL) for a three-year cooperation.HATM President Director Andrew Kam said, even in the climate of economic recession in 2023, HATM's business activities are still strong and increasing."Answering the request of one of HATM's main clients, Dwi Guna Laksana and HATM have signed a transportation contract effective as of January 2023 to run for the next three years," he explained in a press statement, Thursday (5/1/2022).Meanwhile, the final customer of DWGL is the State Electricity Company (PLN), a cooperation contract is carried out to maintain the level of coal supply and energy availability in Java and Bali.In the agreement, the amount of cargo to be transported for DWGL will reach 750,000 MT per year with a potential revenue of up to IDR 110 billion per year.DWGL Shipping and Logistic Manager Edy Syaifullah added that with the support of a fleet of barges in various sizes in accordance with the specifications of the PLTU POD, HATM is able to provide reliable and fast shipping services and competitive prices is one of the reasons for the cooperation with DWGL.Andrew said that despite entering the climate of economic recession in 2023, HATM plans to increase and accelerate the procurement of a fleet of ships to answer domestic demand that is still strong from the original plan to budget growth of up to 10 ship fleets by 2028."The amount of cargo carried by the Company's three ships increased from 2.4 million tons in 2021 to 2.66 million tons in 2022. Habco Aquila will contribute quite a lot in 2023 although it is still not optimal enough," said Andrew.Image source: IstimewaSource: https://market.bisnis.com/read/20230105/192/1615428/habco-hatm-teken-kontrak-dengan-dwgl-angkut-batu-bara-ke-pln

PT Samindo Resources Tbk ( MYOH ) is targeting an increase in overburden removal (OB) volume performance this year. MYOH Head of Investor Relations Ahmad Zaki Natsir revealed, the volume of overburden removal is projected to increase compared to 2022. "The target for overburden is 35 million bcm. Compared to last year's realization (there is) an increase," Zaki told Kontan.co.id, Tuesday (10/1).Even Zaki has not been able to detail further the estimated performance both financial and production for 2022. Kontan noted, MYOH's revenue in the third quarter of 2022 was US$ 103.89 million. This number decreased by 13.53% compared to revenue for the January-September 2021 period which reached US$ 120.15 million.From the results of this income, MYOH pocketed profit attributable to owners of the parent entity alias net profit of US$ 9.89 million in January-September 2022, down 53.38% compared to the January-September 2021 realization of US$ 21.23 million .Source: https://industri.kontan.co.id/news/samindo-resources-myoh-incar-volume-overburden-removal-35-juta-bcm

PT Golden Energy Mines Tbk (GEMS) targets coal production throughout 2023 to grow 5% on an annual basis compared to production in 2022. President Director of GEMS, Bonifasius explained, so far the final data on production in 2022 is still in the consolidation stage."But the estimated production is around 39 million tons from the target of 40 million," he explained to Kontan.co.id, Sunday (8/1).This year, Boniface sees that coal growth is still good with the easing of Covid-19 monitoring in China. He sees that this should be able to spur industrial growth for the better and have an impact on the energy needs of coal."Production growth this year is estimated to be above 5% compared to 2022," he said.According to Kontan.co.id calculations, when compared to the provisional data stated by Boniface, the additional production volume targeted by GEMS in 2023 is 1.95 million tons of coal so that production will be 40.95 million tons.Launching the results of the November 2022 public expose, GEMS Management explained, according to the Work Plan and Cost Budget (RKAB) currently being submitted by PT Borneo Indobara (BIB), a subsidiary of GEMS as the largest contributor to production volume with a total production proposed of 36 million tons, and BIB has plans to submit a revision of the RKAB in the middle of 2023 to increase its production volume.The focus of GEMS's business agenda throughout the year is to spur business growth organically and maintain growth in accordance with Environmental, Social and Governance (ESG) rules.Launching Kontan.co.id previous note, Boniface is optimistic that coal demand from the Asian market will still be positive despite the shadow of a global economic recession.To support the planned increase in production, GEMS budgeted capital expenditure (capex) of around US$ 25 million for infrastructure and production support facilities. According to the plan, the budget will rely on the company's internal cash.Image source:  PT Golden Energy Mines TbkSource: https://industri.kontan.co.id/news/golden-energy-mines-gems-bidik-pertumbuhan-produksi-batubara-5-pada-2023

PT Aneka Tambang Tbk (ANTM) has prepared two of its subsidiaries, PT Sumberdaya Arindo (SDA) and PT Nusa Karya Arindo (NKA), to work on the project of the upstreaming development of the electric vehicle (EV) battery ecosystem.Syarif Faisal Alkadrie, Corporate Secretary of ANTM, claimed that both subsidiaries have adequate nickel reserves to support business in the EV sector. However, these subsidiaries are still currently initiating partnerships with other investors.“As of now, we are currently negotiating with two strategic partners, PT Ningbo Contemporary Brunp Lygend Co. Ltd. (CBL) and LG Energy Solution (LGES),” Alkadrie explained, as quoted from Investor Daily.The negotiation is now entering the phase of principle discussion. As ANTM is representing Indonesia’s state-owned enterprise, it chooses to exercise caution in this negotiation phase. “This finalisation will include the determination of the roles of SDA and NKA in the upstreaming business,” Alkadrie further added.The management of ANTM expects this deal with CBL to be closed by the first half of 2023. Meanwhile, the development of the new mining area for EV battery project is estimated to commence later this year. (KR/ZH)Image source: KR/ZHSource: https://www.idnfinancials.com/news/45631/aneka-tambang-send-subsidiaries-ev-battery-industry

The billionaire at the center of last year’s nickel short squeeze is planning a major shift in his production mix, in a move that could reshape global supply dynamics and inject fresh volatility into the battered nickel market.Xiang Guangda’s Tsingshan Holding Group Co. is seeking to profit from an unusually large premium in the price of refined nickel metal – the type that is deliverable on exchanges in London and Shanghai – over the intermediate forms that Tsingshan supplies for battery manufacturing, according to people familiar with the matter.Tsingshan, which is already building facilities to produce refined nickel in Indonesia, is in discussions with several struggling Chinese copper plants about processing its material into the more-valuable refined metal, said the people, who asked not to be identified discussing private information. If successful, Tsingshan’s plan, together with similar moves by its peers, could double Chinese refined nickel production this year, from about 180,000 tons in 2022 — adding roughly a fifth to global refined output.Xiang’s move is a response to a growing divergence in the nickel world: total supply is headed for a years-long surplus, driven by a surge in production from Indonesia where Tsingshan and others are ramping up output of the intermediate forms like ferronickel and mixed hydroxide precipitate that now dominate the market. Xiang — known in commodities circles by the nickname “Big Shot” — and other Chinese producers are also increasingly concerned about a weakening outlook for electric-vehicle demand in China, the people said.On the other hand, supplies of nickel metal have remained tight, helping keep prices relatively high compared with the rest of the market.A reversal of that dynamic could create fresh volatility for the London Metal Exchange nickel contract, which has regularly experienced wild swings in recent months amid thin trading volumes and shortened hours. The LME is still wading through the fallout from the crisis, when it suspended the market for a week and canceled billions of dollars of trades, and is expected to publish an independent review of the events this week.The plan to use copper plants to process nickel is a novel one, but the process has already been applied successfully during a trial at a smaller factory in central China, the people said. Tsingshan is holding early talks with a number of copper producers, including Yanggu Xiangguang Copper Co., a major copper smelter that was idled once last year amid financial difficulties.Tsingshan didn’t respond to multiple requests seeking comment. Xiangguang didn’t respond to emailed requests for comment.Tsingshan has a long history of reshaping the nickel market — even before last year’s short squeeze that brought the LME to its knees. In the mid-2000s, it helped unlock Indonesia’s vast nickel resources by developing a way to use its low-grade ore to make stainless steel cheaply. More recently, it has led a massive increase in production to supply the battery industry.An increase in refined production could help replenish global exchange inventories, which have hovered near multiyear lows, and help reduce the severity of squeezes in the future. It would come at a time when the biggest producer of refined nickel – Russia’s MMC Norilsk Nickel PJSC – is considering a 10% reduction in output this year.For Tsingshan, the increased access to refined metal will also help minimize the risks involved in trading on the LME, which it uses to hedge its output. In March, Tsingshan was the focus of a massive short squeeze on the LME, with prices soaring as much as 250% in two days when the Chinese company stopped being able to pay its margin calls. Tsingshan’s position was complicated by the fact that, despite being the world’s top nickel producer, it didn’t produce any nickel metal that could be delivered on the LME.The copper plants will only require a simple technical adjustment to be able to produce nickel metal from nickel sulphate through a hydrometallurgical process, and could be ready in a short period of time, the people said.Tsingshan and its partner companies could provide intermediate supplies to increase refined production from such plants by 150,000 to 200,000 tons a year, according to the people. That would represent three times the total inventory currently held in LME and Shanghai Futures Exchange warehouses combined. In addition, there are new nickel refineries being constructed in China and Indonesia.Image source: TsingshanSource: https://www.mining.com/web/nickel-market-faces-new-shock-as-big-shot-boosts-metal-output/

On 21 December 2022 Indonesian President Joko Widodo stated that the Indonesian government will ban exports of bauxite ore starting from June 2023 in an effort to encourage the development of a domestic bauxite processing and refining industry. This announcement was not a big surprise considering Indonesia has been eager to curb exports of mineral ores over the past decade as it seeks to develop a domestic mineral refining and processing industry (based on Law No. 4/2009 on Mineral and Coal Mining).“After the nickel ore ban [imposed in January 2020], we focus on bauxite in 2022. And after bauxite, we will go for tin and copper. We have to dare to take these steps!” So, the decision to ban bauxite ore exports certainly does not come out of the blue, although perhaps some expected Indonesia to become a bit more careful after the World Trade Organization (or WTO) ruled in November 2022 that Indonesia's nickel ore export ban (which was imposed at the beginning of 2020) violates WTO rules (a ruling Indonesia appealed against). And so, some international resistance doesn’t seem to influence Indonesia’s ambitions in this case.In fact, President Widodo said the success of the nickel ore export ban is partly what inspires the government to follow suit with a bauxite ore export ban. The nickel ore export ban managed to attract foreign investment in the construction of smelting facilities, especially from China. Meanwhile, according to information on the website of Indonesia’s Cabinet Secretariat, the nickel ore export ban successfully increased the value of the country’s nickel exports from IDR 17 trillion (approx. USD $1.1 billion) at the end of 2014 to IDR 326 trillion (approx. USD $21 billion) in 2021, meaning an increase of 19 times. In 2022 the value of nickel exports is even targeted to reach beyond USD $30 billion.Source: https://www.indonesia-investments.com/id/news/news-columns/the-indonesian-government-announces-a-bauxite-ore-export-ban-to-be-imposed-in-june-2023/item9584#:~:text=On%2021%20December%202022%20Indonesian,bauxite%20processing%20and%20refining%20industry.

PT Indo Tambangraya Megah Tbk ( ITMG ) aims to export coal to European countries this year. Currently, ITMG's largest sales of coal are in the China, Indonesia and Asia Pacific markets. Currently, his party is still in the exploratory stage and has not been able to elaborate on this plan. Director of Indo Tambangraya Megah, Yulius Kurniawan Gozali, said the plan to expand to the European market is still in the exploratory stage. So he has not been able to detail the plan. "We'll see further developments," Yulius told Kontan.co.id, Thursday (5/1).The characteristics of the coal produced by ITMG, namely high calorie coal, are indeed suitable for the European market. So far, ITMG's high calorie coal has been sold to China and Japan. Until September 2022, ITMG produced 12.3 million tonnes of coal amidst heavy rainfall. Meanwhile, sales volume reached 13.8 million tons, of which 4.2 million tons were marketed to China, Indonesia (2.9 million tons), Japan (1.9 million tons), Philippines (1.1 million tons). , India (1.0 million tons), and other countries in Asia Pacific. Throughout 2022, ITMG targets a production volume of between 16.9 million tons-17.1 million tons of coal. The sales volume targeted by ITMG is in the range of 19 million tons to 19.5 million tons.  In January-September 2022, the average selling price of ITMG's coal was US$ 190 per ton, up 113% from US$ 89 per ton at the same time in 2021. This significant increase allowed ITMG to record net sales of US$ 2.6 billion or 98% higher than the same period last year.  Yulius added that the prospects for the coal business this year are still good. Coal prices will still fluctuate and be maintained at a high level "This is due to the limited supply of coal, continuing geopolitical conflicts, and the high prices of other energy commodities, such as gas," he concluded.Source: https://investasi.kontan.co.id/news/indo-tambangraya-megah-itmg-berniat-diversifikasi-ekspor-ke-eropa

The Ministry of Investment released a roadmap for downstream strategic investment. BKPM Chief Secretary Ikmal Lukman said the roadmap was a follow-up to President Joko Widodo aka Jokowi's request to encourage economic transformation through downstreaming and industrialization of natural resources in Indonesia."Downstreaming and industrialization of natural resources is one of the five major agendas of the Indonesian government. In accordance with the president's direction, we are encouraged to be able to create quality national economic growth through downstreaming and industrialization," he said in a written statement on Thursday, December 29, 2022.The preparation of the downstream roadmap has begun since June 2022. Ikmal said that his ministry has formed the Strategic Investment Downstreaming Decree to encourage the realization of downstream investment in Indonesia.Through downstreaming, he said, wider employment will open up. Exports will also increase and in the end are expected to boost national economic growth.The downstream roadmap includes eight sectors consisting of 21 selected commodities. The eight downstream sectors are oil and gas, minerals, coal, plantations, forestry, fisheries, and marine.Ikmal said the study contained in the roadmap covers seven aspects, including policy, upstream, industry, world supply chain, regional infrastructure, risk analysis, and policy recommendations. "We make this downstream direction scoring (assessment), so there is a formulation to find out which downstream is the best," he said.He hopes that the roadmap for downstream strategic investment will be able to provide the right projection in the future. The Ministry of Investment noted that there has been a significant increase in the trend of investment realization since the implementation of downstream in Indonesia. Ikmal said the industrial value of basic metals, metal goods, non-machinery and equipment increased by 90.7 percent from Rp 61.6 trillion to Rp 117.5 trillion.Image source: TEMPO/Tony HartawanSource: https://bisnis.tempo.co/read/1673835/kementerian-investasi-rilis-peta-jalan-industri-hilirisasi

The dividend of coal and energy mining issuers led by tycoon Garibaldi Thohir, PT Adaro Energy Indonesia Tbk. (ADRO) falls today, Friday (30/12/2022). ADRO will distribute dividends of US$ 500 million or equivalent to Rp7.79 trillion (estimated jisdor exchange rate of Rp15,594 per share).dividend is the last date an investor is entitled to dividends. If you buy ADRO shares past that date, the new shareholders will not be entitled to dividends.Adaro's dividend is equivalent to US$0.016 per share or Rp249.5 per share. However, the value in rupiah is still estimated, as Adaro has not yet announced the exchange rate for dividends.ADRO's management in its official statement said that the value of this interim dividend is 67 percent higher than the 2021 interim dividend of US$ 300 million and is the highest interim dividend ever given by the company.The schedule for ADRO's dividend distribution is dividend in the regular and negotiation market on December 30, 2022, with ex-dividend in the regular market and negotiations on January 2, 2023. Then, dividend in the cash market on January 3, 2023, and ex-dividend in the cash market on January 4, 2023.The listing date of the company's shareholders who are entitled to an interim dividend or recording date is on January 3, 2023, the announcement of the conversion rate using BI's middle rate is on January 3, 2023, and the interim dividend distribution is on January 13, 2023.ADRO President Director Garibaldi Thohir or Boy Thohir said providing returns to shareholders in the form of profit growth, dividends, and share buybacks, is ADRO's focus. He continued strong coal prices and efficient operational performance in 2022 supporting solid performance until September 2022."ADRO's profitability supports accelerating business transformation and provides consistent and attractive returns to shareholders," he said.As of the third quarter of 2022, ADRO recorded operating EBITDA of US$3.8 billion and core profit of US$2.3 billion, 231 percent and 262 percent higher than the same period in 2021.The cash position at the end of 9 months of 2022 was US$3.3 billion, 122 percent higher compared to the previous year. ADRO also posted net cash of US$1.8 billion compared to net debt of US$10 million in 9 months of 2021.Image source: PT Adaro Energy Indonesia TbkSource: https://market.bisnis.com/read/20221230/192/1613444/cum-dividen-adaro-adro-rp78-triliun-hari-ini-jangan-kelewatan