Indonesia could deplete coal reserves by 2033 – PwC

Reuters | March 9, 2016 | 3:06 pm Energy Asia Coal 
Indonesia raises coal royalty rate to range of 14% to 28%
Indonesia is the top exporter and one of the largest producers of coal. (Stock Image)

Indonesia could exhaust its economically retrievable coal reserves by 2033, a study by PriceWaterhouseCoopers released on Monday showed.

Indonesia is among the world’s top exporters of thermal coal, but its output has slipped in recent years as plummeting prices of the power station fuel have forced miners to cut costs.

Read more at Reuters

 

Image of coal being discharged in Indonesia, by Ezagren.

Mining.com Recommends

CATL to seek Hong Kong listing

CATL's board has approved the plan, but the proposal is pending approval from regulators, including the China Securities Regulatory Commission.
Reuters | December 26, 2024 | 7:18 am

More News