The future of Indonesia’s metallurgical coal market
“Metallurgical coal imports into China and India are increasing significantly. 10 years ago they used to represent 2% of the global market, now they represent 40%, when considering net imports,” said Renato Paladino, president of Arch Coal Asia Pacific and speaking at the annual Coaltrans Asia conference.
Dr. R Sukhyar, head of the Geological Agency Indonesia reaffirmed at Coaltrans that: “Coking coal is only located in Central Kalimantan,” but did not expand on the potential or quantities.
Coal is located on the surface in Central Kalimantan and because of insufficient drilling in the area it is hard to know exactly how much coking coal may be available.
“World steel consumption is projected to increase by about 40% between 2012 and 2020,” said Paladino at Coaltrans Asia. This large increase shows the great world demand for coking coal and it is hoped Indonesia will be able to supply some of this demand through its metallurgical coal resources.
This content is provided by Coaltrans Conferences for informational purposes only, and it reflects the market and industry conditions and presenter’s opinions and affiliations available at the time of the presentation.
The World Coal Leaders Network
20-22 October 2019
21-22 October 2019
Emerging Asian Coal Markets 2019
4-6 November 2019
Ho Chi Minh, Vietnam
Coaltrans USA 2020
23-24 January 2020
Miami, United States
Coaltrans India 2020
17-19 February 2020
Coaltrans Middle East 2020
Coaltrans School of Coal Singapore 2020
16-20 March 2020
Coaltrans Poland 2020
Coaltrans Asia 2020
21-23 June 2020
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