Akibat kecelakaan Kereta Api Babaranjang (Batubara Rangkaian Panjang) di Simpang Empat Air Rimau, Kecamatan Rambang Dangku, Kabupaten Muaarenim, Sumatera Selatan, arus pasokan puluhan ribu ton batu bara juga tersendat tak bisa dikirim ke Jawa.
The biggest floods in Queensland, Australia, in half a century are turning into a windfall for U.S. coal mining companies anticipating record profits and the highest exports in 15 years.
A backlog of up to 3.5 million tonnes of coal awaiting export from Indonesian ports may finally be cleared after the energy and mineral ministry approved 60 permits for traders to resume shipments, a senior mining official on on Wednesday.
Some Indonesian coal traders have declared force majeure after a trade rule change, with around 60-70 vessels stuck in various ports and 3.5 million tonnes unable to be shipped, the chairman of the Indonesian Coal Mining Association said on Tuesday.
Australia’s devastating floods could remove over 5 percent of steelmaking coal from world markets this year and lift prices by a third or more, analysts estimated.