Note: PTBA has restructured its subsidiaries namely Internasional Prima Cemerlang, Anthrakas and Bukit Energi Metana with legality and public information disclosure on February 5th, March 24th
and May 4th this year, respectively
Coal prices remain high
Global commodity prices
Commodity
31/12/2020
30/06/2021
31/07/2021
% ytd
(/)
Crude Oil
51.8
75.1
76.3
47
(barrel)
Coal (1)
80.5
134.7
149.8
86
(mt)
Gold
1,898.4
1,770.1
1,814.2
(4)
(troy ounce)
Tin
20,540.0
33,460.0
35,965.0
75
(mt)
Nickel
16,613.0
18,214.0
19,552.0
18
(mt)
Copper
7,766.0
9,374.5
9,728.0
25
(mt)
CPO
955.0
975.0
1,125.0
18
(mt)
(1) Newcastle index
Source : Bloomberg as of August 2021
Coal price forecast (2)
Newcastle Index - GlobalCoal
190
Indonesian Coal Index 3 - Argus
170
150
130
110
90
70
50
Sep-21
4Q2021
1Q2022
(2) As of August 2021
Commodity prices mostly increased, with the highest increase in coal commodities
Coal prices forecast is to remain high into 1Q2022, with Newcastle (GAR 6322) and Indonesian Coal Index-3 or
ICI-3 (GAR 5000) estimated to be in the range of USD145/ton to USD175/ton and USD75/ton to USD85/ton, respectively
The coal price ranges of Newcastle and ICI-3 as above are the highest price in the last 13 year and 10 year, respectively
Company &
01 Industry Overview
02 Performance Highlights
03 Commitment to ESG
04 Project Development Update
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PT Bukit Asam (Persero) Tbk published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 08:51:03 UTC.
PT Bukit Asam Tbk is engaged in coal mining and related activities. The Company is involved in the general surveying, exploration, exploitation, processing, refining, transportation and trading, and management of special coal port facilities for internal and external needs. Its segments include the coal mining segment and other segments. Its coal mining segment includes mining business permits (IUP) of approximately 68,777 hectares (ha) in several locations that have coal reserves. It owns several mines spread across South Sumatra Province, West Sumatra Province, and Riau Province. The other segment includes electricity generation, investment or holding (plantation and hospital services), transportation, and warehousing (especially for port services). It also engaged in the operation of steam power plants for internal and external needs and the provision of consulting services related to the coal mining industry as well as its derivative products, and plantation development activities.
PT BUKIT ASAM TBK 
