Expansion of Indonesian coal output continues as market fundamentals shift

Production costs and net income trends for Indonesian coal producers, 2021–2025

Indonesia’s coal industry continues to expand, with record output in recent years, even as Indonesian coal faces weakening demand in major export markets and rising cost pressures. China and India — historically Indonesia’s largest customers — are reducing imports as domestic output increases and renewable generation accelerates, creating oversupply in the seaborne market. Domestic coal consumption is still growing, driven […]

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