Indonesian coal: profits soar but analysis reveals strength and exposure across top miners

Indonesian coal exports remain a cornerstone of the global thermal market. After a record 836 Mt of output in 2024 (≈18% above target), exports are expected to supply 30–35% of global coal consumption in 2025, underlining Indonesia’s outsized role. The sector contributes ~3.6% of GDP and has delivered strong corporate profits (USD 31 bn cumulative FY2019–2023 across 28 coal and […]