Indonesia plans to cut coal output next year to maintain prices

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The Ministry of Energy and Mineral Resources ESDM, the world's leading coal exporter, has decided to prevent a fall in international coal prices by cutting production next year.The Director General of Mines and Coal recently explained at the Parliament House that, according to preliminary calculations, coal production next year is expected to beNot more than 700 million tonsThe following will be adopted"Limit production."Responding to prices"Broken."Downside.

Last year Indonesia's coal production had reachedPeak 836 million tonsand this year's production has showndownward trend, which is expected to reach less than 800 million tons for the year, aboutAround 750 million tonsIndonesia exports coal in 2024555 million tons, accounting for roughly33%-35%The

He said actual production this year is expected to be around 750 million tons, so next year'sRelatively large reductions in productionThe purpose is toStabilization of coal prices in international marketsThe

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