Indonesia plans to cut coal-nickel output next year to stabilize prices

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Indonesia is scheduled toCutting coal and nickel production in 2026The purpose of this move is toBalancing the supply of and demand for these two types of minerals in international marketsand henceStabilization of commodity prices.. The Minister of Energy and Mineral Resources explained that the current commodity prices of coal, nickel and other commodities are affected by theGlobal oversupplyThe impact continues to be low, with Indonesia's own export supply being an important influence. He noted that Indonesia's annual coal exports amounted to500-600 million tonsof the 1.3 billion tons of coal traded globally.Nearly 50%That's what's driving down international coal prices.Core reasonsThe

Government throughRegulating production and tightening supplyIt can both help domestic companies to fight forReasonable selling priceThe country will also be able to create moreSizable financial revenues. In addition to stabilizing prices, the policy of reducing productionAvoiding overexploitation of domestic mineral resourcesHe emphasized the importance of mineral resources. He emphasized that mineral resources areWealth for future generations, which should be mined less during the current price downturn, with the help of theAnnual work planRegulating corporate behavior and disciplining thoseMining companies that ignore environmental regulationsSafeguarding of resourcesSustainable useThe

The Director General of Mines and Coal of the Ministry of Energy and Mineral Resources confirmed that the government isComprehensive assessment of 2026 coal production targetsIn addition, annual production is expected to fall toBelow 700 million tons.2025 Indonesia's coal production target is 735 million tons, and actual production for the year is expected to be about 750 million tons, up from 836 million tons in 2024all-time highdecrease of nearly 100 million tons. The main reasons for the reduction areWeak demand in key export markets such as China and IndiaChina's own coal production capacity is further depressing import demand.

The director of the agency's Coal Business Development Division predicts that Indonesia's coal exports to China and India will decrease this year20-30 million tonsHe also mentioned Indonesia's total coal reserves. He also mentioned that Indonesia's total coal reserves amounted to 1.5 million tons.93 billion tonsRecoverable reserves31 billion tonsbut there is a significantThe shortcomings of quality. Low-calorie coal accounts for up to73%The high-calorie coal accounts for only5%The proportion of medium-calorie coal is about 81 TP3T. quality disadvantage has weakened Indonesian coal in the international market.competitivenessThe country's high-calorie coal, which is mostly produced in the United States, has been a major source of energy for the country's economy, especially in the context of strong global demand for high-calorie coal, which is mostly produced in the United States.Old mining areasThe

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