Indonesian proposal to ban thermal coal exports prompts uncertainty

摘要

There is confusion about whether the Indonesian governmentwill push ahead with a proposal to ban the exportof low-rank coal, industry players said November 3. NewIndonesian coal director Edi Prasodjo said that producersare still being consulted about this and that the governmentwill exercise extreme caution in addressing the issue.Industry sources previously said a 2014 deadline had been setfor upgrading the 2009 mining law concerning Indonesian lowrank coal exports. Isnaputra Iskandar, vice president for equityresearch (for Asia, excluding Japan) of PT Nomura Indonesia,said at the Informa/IBC-Asia Indonesia Coal Investment Forumin Jakarta October 31-November 3 that certain Indonesian coalproducers have expressed concern about the proposal, which is“sending a confusing signal” to the coal market.