Indonesia suspends coal exports from 34 mining companies - media

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

JAKARTA : Indonesia has suspended coal exports from 34 coal mining companies it said failed to meet domestic market obligations between January and July this year, CNBC Indonesia reported on Monday, citing a government document.Indonesia requires coal miners to sell 25per cent of their production to the d

JAKARTA : Indonesia has suspended coal exports from 34 coal mining companies it said failed to meet domestic market obligations between January and July this year, CNBC Indonesia reported on Monday, citing a government document.

Failure to do so results in sanctions, including export suspension and fines. Citing a government document, CNBC Indonesia said https://www.cnbcindonesia.com/news/20210809104507-4-267137/ini-daftar-lengkap-34-perusahaan-batu-bara-dilarang-ekspor 34 miners had been temporarily banned from exporting. Of the 34 companies listed in the document seen by CNBC Indonesia, four were members of the Indonesia Coal Miners Association , the trade group's executive director Hendra Sinadia said.

The group supported the government action, but sought"structural improvements" to avoid similar problems in the future, he added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex SGAG Star Chiou Huey Decided To Be An Actress While Watching Star Awards; And Now Mark Lee Calls Her The Ah Jie Of His Media Company
Source: TODAYonline - 🏆 1. / 99 Read more »

Indonesia launches online push to streamline investment permitsJAKARTA : Indonesia launched on Monday a website to process investment permits, which the government hailed as an important milestone in reforms aimed at making it easier and quicker to do business in Southeast Asia's largest economy.President Joko Widodo has vowed to overcome lingering hurdles such as re
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »