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Newest! Here is the complete leak of PP Minerba Terbaru! Ini Dia Bocoran Lengkap Soal PP Minerba BRMS Booked Revenue of US$ 2.5 Million BRMS Bukukan Pendapatan US$ 2,5 Juta PP Minerba for two types of IUPK, will it benefit the extension of PKP2B and KK? PP Minerba bagi dua jenis IUPK, bakal untungkan perpanjangan PKP2B dan KK? Foreign Investors Make Bumi Resources (BUMI) Shares Back to Rp50 Investor Asing Bikin Saham Bumi Resources (BUMI) Balik ke Gocap Dear Arutmin Cs, do you know the requirements to be an IUPK? See below Dear Arutmin Cs, Mau Tau Syarat Jadi IUPK Apa Aja? Simak Ini Stuck by corona, two non-coal projects of Darma Henwa (DEWA) postponed to semester I-2020 Tertahan corona, dua proyek nonbatubara Darma Henwa (DEWA) mundur ke semester I-2020 PTFI's Efforts to Restore Ex-Mining Lands Get Support Upaya PTFI Merestorasi Lahan Eks Tambang dapat Dukungan Adaro Green Watershed, Improve Community Economy Adaro Hijaukan DAS, Tingkatkan Ekonomi Masyarakat Infrastructure Projects Start Running Again, Aluminum Prices Raised Up Proyek Infrastruktur Mulai Kembali Berjalan, Harga Aluminium Terkerek Coal prices rise 1.8%, Eits...Wait a minute, but there is! Harga Batu Bara Naik 1,8%, Eits Tunggu Dulu Ada Tapinya!

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Vale Indonesia delays smelter rebuild Indonesia, India work to develop underground coal gasification technology Copper price drops despite 65% surge in China imports Recovering Chinese steel output is boosting zinc price over short term Mongolia increases coal exports Vietnam to rely on coal for decades to come Top coal-producing area in U.S. on pace for record low year

Mining Magazine Vietnam Plus Mining.com Mining Weekly Akipress Vietnam Express Associated Press

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Newest! Here is the complete leak of PP Minerba

Wilda Asmarini, CNBC Indonesia

THE GOVERNMENT is currently drafting a

Government Regulation (PP) as an implementing derivative of Law No.3 of 2020 concerning Minerals and Coal which was promulgated on June 10, 2020.

Ridwan Djamaluddin, Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources, also said that the government is currently drafting three new draft government regulations (RPP), including an RPP on the implementation of mineral and coal mining business activities, an RPP on mining areas and RPP on concerning guidance and supervision as well as post-mining reclamation in the implementation of mining business management.

So what are the things regulated in the Draft Government Regulation? This time, CNBC Indonesia will provide a leak of the RPP regarding the Implementation of Mineral and Coal Mining Business Activities.

Based on the Draft Government Regulation document obtained by CNBC Indonesia, on Tuesday (08/09/2020), there are 202 articles in this RPP and it is targeted to be stipulated in September 2020.

This PP draft also regulates starting from the stipulation of the types of mining commodities ranging from radioactive minerals, such as uranium, thorium, and others, metal minerals, non -metal minerals, certain types of non-metal minerals, rock and coal commodities, then it also regulates plans management of...

Terbaru! Ini Dia Bocoran Lengkap Soal PP Minerba Wilda Asmarini, CNBC Indonesia

PEMERINTAH kini tengah merancang

Peraturan Pemerintah (PP) sebagai turunan pelaksana dari Undang-Undang No.3 tahun 2020 tentang Mineral dan Batu Bara yang baru diundangkan pada 10 Juni 2020.

Ridwan Djamaluddin, Direktur Jenderal Mineral dan Batu Bara Kementerian Energi dan Sumber Daya Mineral pun sempat mengungkapkan bahwa pemerintah tengah menyusun tiga Rancangan Peraturan Pemerintah (RPP) baru, antara lain RPP tentang pelaksanaan kegiatan usaha pertambangan mineral dan batu bara, RPP tentang wilayah pertambangan dan RPP tentang pembinaan dan pengawasan serta reklamasi pascatambang dalam penye-lenggaraan pengelolaan usaha pertam-bangan.

Lantas apa saja hal-hal yang diatur dalam Rancangan Peraturan Pemerintah tersebut? Kali ini CNBC Indonesia akan memberikan bocoran RPP tentang Pelaksanaan Kegiatan Usaha Pertambangan Mineral dan Batu Bara.

Berdasarkan dokumen Rancangan Peraturan Pemerintah yang diperoleh CNBC Indonesia, pada Selasa (08/09/2020), terdapat 202 pasal dalam RPP ini dan ditargetkan bisa ditetapkan pada September 2020.

Rancangan PP ini pun mengatur mulai dari ditetapkannya jenis-jenis komoditas tambang mulai dari mineral radioaktif, seperti uranium, torium, dan lainnya, mineral logam, mineral bukan logam, mineral bukan logam jenis tertentu, komoditas batuan dan batu bara, lalu diatur juga tentang rencana pengelolaan...

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then it also regulates plans management of national minerals and coal which is stipulated by the minister for a period of five years and can be reviewed once in five years.

In addition, business licensing is also regulated, which is the authority of the central government and which is the authority of the provincial government. For all mining operational permits, such as Mining Business Permits (IUP), Special Mining Business Permits (IUPK), IUPKs as a continuation of contract/agreement operations, People's Mining Permits (IPR), Transportation and Sales Permits are under the authority of the central government. As for what can be delegated to the provincial government, namely business licensing in the form of providing standard certificates and permits.

The RPP also states that "IUP holders are prohibited from transferring IUP to other parties without the approval of the Minister". Consent can be given as long as it meets a number of requirements. That means, can IUP transfer be allowed?

BUMN IUP holders can also transfer their share ownership to other business entities on the condition that the BUMN still controls 51% or more of the shares in the IUP.

The RPP also regulates the procedures for granting mining business permits, including how the license extension mechanism. The length of time for exploration and production is also regulated. For IUP holders, the duration of exploration and production operations for each type of commodity is differentiated.

For metal minerals, the exploration period is given for 8 years, non-metal minerals for 3 years, certain types of non-metal minerals for 7 years, rock mining for 3 years, and coal mining for 7 years.

lalu diatur juga tentang rencana pengelolaan mineral dan batu bara nasional yang di-tetapkan menteri untuk jangka waktu lima tahun dan dapat ditinjau kembali satu kali dalam lima tahun tersebut.

Selain itu, perizinan berusaha juga diatur, mana yang menjadi kewenangan pemerintah pusat dan mana kewenangan pemerintah provinsi. Untuk segala izin operasional tambang, seperti Izin Usaha Pertambangan (IUP), Izin Usaha Pertambangan Khusus (IUPK), IUPK sebagai kelanjutan operasi kontrak/perjanjian, Izin Pertambangan Rakyat (IPR), Izin Pengangkutan dan Penjualan menjadi kewenangan pemerintah pusat. Adapun yang bisa didelegasikan kepada pemerintah provinsi yaitu perizinan berusaha dalam bentuk pemberian sertifikat standar dan izin.

Dalam RPP ini pun disebutkan bahwa "pemegang IUP dilarang memindahtangan-kan IUP kepada pihak lain tanpa persetujuan dari Menteri". Persetujuan dapat diberikan selama memenuhi sejumlah persyaratan. Artinya, apakah pengalihan IUP bisa d-iizinkan?

Pemegang IUP BUMN pun dapat meng-alihkan kepemilikan sahamnya kepada badan usaha lain dengan syarat BUMN tersebut masih menguasai 51% atau lebih saham di IUP tersebut.

Dalam RPP ini juga diatur tentang tata cara pemberian izin usaha pertambangan, termasuk bagaimana mekanisme perpan-jangan izin. Berapa lama jangka waktu eksplorasi dan produksi pun diatur. Untuk pemegang IUP, jangka waktu eksplorasi dan operasi produksi setiap jenis komoditas dibedakan.

Untuk mineral logam, jangka waktu eksplo-rasi diberikan selama 8 tahun, mineral bukan logam selama 3 tahun, mineral bukan logam jenis tertentu selama 7 tahun, pertambangan batuan selama 3 tahun, dan pertambangan batu bara selama 7 tahun.

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Whereas for Production Operation IUP holders, the production operation period is given no longer than:

- 20 years for metallic minerals,

- 10 years for nonmetal minerals,

- 20 years for certain types of non-metal minerals,

- 5 years for rock, and

- 20 years for coal.

However, metal minerals that are integrated with processing and refining facilities (smelters) are given a period of up to 30 years. Likewise, coal which is integrated with development and/or utilization, is given a period of up to 30 years.

However, IUP holders can apply for an extension with a certain time limit, especially for those who are not integrated with the downstream process, including:

- For mineral commodities, can be extended twice with each extension for 10 years.

- Non-metal minerals, can be extended for 2x 5 years.

- Certain types of non-metal minerals, can be extended for 2x 10 years.

- Rock, can be extended by 2x 5 years.

- Coal, can be extended for 2x 10 years.

However, for those who are integrated with downstream activities, the production operation period can be extended for 10 years each time.

Likewise, BUMN IUP holders can be given an extension of 10 years every time they are extended. This means that there is no limit to the operating period of the integrated IUP holder and also the BUMN IUP holder.

For holders of non-integrated IUP with downstream, who have received two extensions, they must return the IUP Area (WIUP) to the Minister. And,...

Sedangkan untuk pemegang IUP Operasi Produksi, jangka waktu operasi produksi diberikan paling lama:

- 20 tahun untuk mineral logam,

- 10 tahun untuk mineral bukan logam,

- 20 tahun untuk mineral bukan logam jenis tertentu,

- 5 tahun untuk batuan, dan

- 20 tahun untuk batu bara.

Namun bagi mineral logam yang terintegrasi dengan fasilitas pengolahan dan pemurnian (smelter) diberikan jangka waktu hingga 30 tahun. Begitu juga dengan batu bara yang terintegrasi dengan pengembangan dan atau pemanfaatan, diberikan jangka waktu hingga 30 tahun.

Namun, pemegang IUP dapat mengajukan permohonan perpanjangan dengan batas waktu tertentu terutama bagi yang tidak ter-integrasi dengan proses hilirisasi, antara lain:

- Untuk komoditas mineral, dapat dua kali perpanjangan dengan masing-masing per-panjangan selama 10 tahun.

- Mineral bukan logam, dapat perpanjangan 2x 5 tahun.

- Mineral bukan logam jenis tertentu, dapat perpanjangan 2x 10 tahun.

- Batuan, dapat perpanjangan 2x 5 tahun.

- Batubara, dapat perpanjangan 2x 10 tahun.

Namun, bagi yang terintegrasi dengan kegiatan hilirisasi, maka jangka waktu operasi produksi dapat diberikan perpanjangan selama 10 tahun setiap kali perpanjangan.

Begitu juga dengan pemegang IUP BUMN dapat diberikan perpanjangan 10 tahun setiap kali perpanjangan. Artinya, tidak ada batasan jangka waktu masa operasi dari pemegang IUP terintegrasi dan juga pemegang IUP BUMN.

Bagi pemegang IUP non terintegrasi dengan hilirisasi, yang telah memperoleh perpan-jangan dua kali, maka ia harus mengem-balikan Wilayah IUP (WIUP) kepada Menteri. Dan,...

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And, within a period of three years before the production operation ends, IUP holders must submit a report on the presence of mineral or coal potential and reserves to the Minister.

Like IUP holders who can extend up to two times each for 10 years, holders of Special IUP (IUPK) as a continuation of contract/ agreement operations such as the Contract of Work or Coal Mining Exploitation Work Agreement (PKP2B) can also be given two extensions which 10 years each.

"IUPK as a continuation of Contract/ Agreement operation is granted with the following conditions:

a. according to the remaining term of the KK or PKP2B and an extension of 10 years.

b. can be given a second extension for 10 years." as quoted from the RPP document, to be precise Article 107.

The Minister may grant an IUPK as a continuation of contract/agreement operations by considering:

a. Continuity of operations

b. Optimizing the potential for mineral or coal reserves in the context of mineral or coal conservation from WIUPK for the production operation phase.

c. National interest.

However, Article 112 of the RPP document states that an IUPK as a continuation of

contract/agreement operations can be extended once for 10 years. And those who

are integrated with mineral or coal downstreaming can be given an extension

for 10 years each time. That is, there is no limit to the production operation period.

Article 116 explains what is meant by coal exploitation or utilization activities. Coal

development is in the form of coking coal,...

Dan, dalam jangka waktu tiga tahun sebelum operasi produksi berakhir, pemegang IUP harus menyampaikan laporan mengenai keberadaan potensi dan cadangan mineral atau batu bara kepada Menteri.

Seperti halnya pemegang IUP yang dapat perpanjangan hingga dua kali masing-masing selama 10 tahun, pemegang IUP Khusus (IUPK) sebagai kelanjutan operasi kontrak/perjanjian seperti dari Kontrak Karya atau Perjanjian Karya Pengusahaan Pertambangan Batu Bara (PKP2B) juga dapat diberikan perpanjangan dua kali masing-masing 10 tahun.

"IUPK sebagai kelanjutan operasi Kontrak/ Perjanjian diberikan dengan ketentuan:

a. sesuai sisa jangka waktu KK atau PKP2B dan perpanjangan selama 10 tahun.

b. dapat diberikan perpanjangan kedua selama 10 tahun." seperti dikutip dari dokumen RPP tersebut, tepatnya Pasal 107.

Menteri dapat memberikan IUPK sebagai kelanjutan operas kontrak/perjanjian dengan mempertimbangkan:

a. Keberlanjutan operasi

b. Optimalisasi potensi cadangan mineral atau batu bara dalam rangka konservasi mineral atau batu bara dari WIUPK untuk tahap kegiatan operasi produksi.

c. Kepentingan nasional.

Namun pada Pasal 112 dokumen RPP ini di-sebutkan bahwa IUPK sebagai kelanjutan operasi kontrak/perjanjian dapat diberikan perpanjangan sebanyak satu kali selama 10 tahun. Dan bagi yang terintegrasi dengan hiliri-sasi mineral atau batu bara dapat diberikan perpanjangan selama 10 tahun setiap kali per-panjangan. Artinya, tidak ada batasan jangka waktu operasi produksi.

Pada Pasal 116 dijelaskan apa yang dimaksud dengan kegiatan pengusahaan atau peman-faatan batu bara. Pengembangan batu bara yakni berupa pembuatan kokas (coking coal),...

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Coal development is in the form of coking coal, coal liquefaction, and coal gasification. Meanwhile, the use of coal is the construction of a new Steam Power Plant (PLTU) at the mouth of the mine for public purposes.

The draft PP also regulates divestment of shares, labor, control of mineral and coal production, value added obligations, administrative sanctions, and transitional provisions.

In the transitional provisions it is stated that "PKP2B holders who have applied for an extension of PKP2B to become an extended Production Operation IUP to the Minister before this Government Regulation is promulgated must adjust their application for extension to an IUPK as a continuation of contract/agreement operations based on the provisions of this Government Regulation, except in relation to development plans and or utilization of coal ".

However, "the plan for the development and or util ization of coal must be submitted together with the application for extension of PKP2B to IUPK as a continuation of Contract/Agreement operations."

After this Draft Government Regulation is passed, the previous government regu-lation is revoked and declared invalid.

CNBC Indonesia has requested confir-mation from the government, but the government has neither confirmed nor denied.

"It's being discussed," said the ESDM Ministry's Director General of Mineral and Coal Ridwan Djamaluddin in a short message to CNBC Indonesia, Tuesday (08/09/2020). (wia)

Pengembangan batu bara yakni berupa pembuatan kokas (coking coal), pencairan batu bara (coal liquefaction), dan gasifikasi batu bara (coal gasification). Sedangkan pemanfaatan batu bara yakni pembangun-an sendiri Pembangkit Listrik Tenaga Uap (PLTU) baru di mulut tambang untuk kepentingan umum.

Dalam rancangan PP ini juga diatur terkait divestasi saham, tenaga kerja, pengen-dalian produksi mineral dan batu bara, kewajiban nilai tambah, sanksi adminis-tratif, hingga ketentuan peralihan.

Dalam ketentuan peralihan disebutkan bahwa "pemegang PKP2B yang telah mengajukan permohonan perpanjangan PKP2B menjadi IUP Operasi Produksi perpanjangan kepada Menteri sebelum Peraturan Pemerintah ini diundangkan harus menyesuaikan permohonan perpan-jangan menjadi IUPK sebagai kelanjutan operasi kontrak/perjanjian berdasarkan ketentuan dalam Peraturan Pemerintah ini, kecuali terkait rencana pengembangan dan atau pemanfaatan batu bara".

Namun, "Rencana pengembangan dan atau pemanfaatan batu bara harus disampaikan bersamaan dengan permohonan perpan-jangan PKP2B menjadi IUPK sebagai kelanjutan operasi Kontrak/ Perjanjian."

Setelah Rancangan Peraturan Pemerintah ini nantinya disahkan, maka peraturan pemerintah sebelumnya dicabut dan di-nyatakan tidak berlaku.

CNBC Indonesia telah meminta konfirmasi kepada pihak pemerintah, namun pihak pemerintah tidak membenarkan dan juga tidak menyangkal.

"Sedang dibahas," ujar Direktur Jenderal Mineral dan Batu Bara Kementerian ESDM Ridwan Djamaluddin dalam pesan singkat kepada CNBC Indonesia, Selasa (08/09/ 2020). (wia)

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BRMS Booked Revenue of US$2.5 Million By: Ahmad Nabhani

IN THE first half of 2020, PT Bumi

Resources Mineral Tbk (BRMS) posted revenues of US$ 2.5 million and net profit of US$ 955,388. The company in its press release in Jakarta yesterday explained that around 16% of the company's revenue or US$ 408,319 came from the sale of gold products produced by BRMS's subsidiary, PT Citra Palu Minerals in Poboya, Palu, Sulawesi.

The remaining income comes from mining advisory services. The Director of BRMS, Herwin W. Hidayat , said that the company's revenue in the first half of this year from sales of gold products had shown rapid progress from the previous quarter. He conveyed, in the first quarter of 2020, BRMS only posted revenue of US$ 99,860 from sales of its gold products, or the equivalent of 10% of the Company's total revenue in that period.

In the first semester of 2020, BRMS has also paid off its loan of US$ 53 million to related creditors (Wexler Capital Pte. Ltd). Therefore, the Company's loan to equity ratio improved from 0.2 in December 2019 to 0.1 in June 2020.

For information, BRMS began producing 679 grams of dore bullion and 557 grams of refined gold on February 18, 2020. Then, on March 3, 2020, the company produced 4.3 kilograms of dore bullion and processed gold as much as 1.3 kilograms.

Furthermore, on March 17 2020 BRMS produced 5.3 kilograms of dore bullion and 1.6 kilograms of refined gold. It was said that...

BRMS Bukukan Pendapatan US$2,5 Juta

Oleh: Ahmad Nabhani

DI paruh pertama tahun 2020, PT Bumi

Resources Mineral Tbk (BRMS) mem-bukukan pendapatan US$ 2.5 juta dan laba bersih US$ 955.388. Perseroan dalam siaran persnya di Jakarta, kemarin menjelas-kan, sekitar 16% dari pendapatan perusaha-an atau sebesar US$ 408.319 berasal dari penjualan produk emas yang dihasilkan oleh anak usaha BRMS yaitu PT Citra Palu Minerals di Poboya, Palu, Sulawesi.

Adapun sisa dari pendapatan yang dibukukan berasal dari jasa penasehat pertambangan. Kata Direktur BRMS, Herwin W Hidayat, pendapatan perusahaan di semester pertama tahun ini yang berasal dari penjualan produk emas tersebut telah menunjukan kemajuan yang pesat dari kuartal sebelumnya. Di-sampaikannya, pada periode kuartal pertama tahun 2020, BRMS hanya membukukan pendapatan US$ 99.860 dari penjualan produk emasnya, atau setara 10% dari total Pendapatan Perusahaan di periode tersebut.

Di semester pertama tahun 2020, BRMS juga telah melunasi pinjamannya sebesar US$ 53 juta terhadap kreditur terkait (Wexler Capital Pte. Ltd). Oleh karenanya, rasio pinjaman terhadap ekuitas dari Perusahaan membaik dari 0,2 di Desember 2019, menjadi 0.1 di Juni 2020.

Sebagai informasi, BRMS mulai memproduksi dore bullion sebanyak 679 gram dan emas olahan sekitar 557 gram pada 18 Februari 2020. Kemudian, 3 Maret 2020 perseroan memproduksi 4,3 kilogram dore bullion dan emas olahan sebanyak 1,3 kilogram.

Selanjutnya, tanggal 17 Maret 2020 BRMS memproduksi 5,3 kilogram dore bullion dan 1,6 kilogram emas olahan. Disebutkan,...

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It was said that the gold production facility in Poboya owned by BRMS had produced more than 10 kilograms of dore bullion in the first quarter of 2020.

The dore bullion is then sent to ANTM's Logam Mulia smelter facility, which has a processing capacity of 500 tonnes of ore per day. This facility is located in a gold mine in Poboya, Palu which is operated by PT Citra Palu Minerals.

Disebutkan, fasilitas produksi emas di Poboya yang dimiliki oleh BRMS telah memproduksi lebih dari 10 kilogram dore bullion di kuartal pertama 2020.

Dore bullion ini kemudian dikirim ke fasilitas smelter Logam Mulia milik ANTM fasilitas produksi tersebut memiliki kapasitas pemrosesan sebesar 500 ton bijih per hari. Fasilitas ini berlokasi di tambang emas di Poboya, Palu yang di-operasikan oleh PT Citra Palu Minerals.

PP Minerba for two types of

IUPK, will it benefit the extension of PKP2B and KK?

Reporter: Ridwan Nanda Mulyana | Editor: Herlina Kartika Dewi

REGULATIONS derived from Law Number

3 of 2020 aka the Mineral and Coal (Minerba) Law will soon be issued. At least, of the three Draft Government Regulations (RPP) that are currently being discussed, there is one PP which will be issued in the near future.

The PP regulates the implementation of mineral and coal mining business activities. Referring to the draft RPP, a copy of which was obtained by Kontan.co.id, the regulation consists of 24 chapters with 202 articles. There are a number of points regulated in the regulation.

One of the highlights is related to business licensing in the mineral and coal mining sector. Article 7 of this RPP states, mining business is carried out based on a business license from the central government. This means that this regulation confirms that the central government has withdrawn business permits for mining from local governments.

PP Minerba bagi dua jenis

IUPK, bakal untungkan perpanjangan PKP2B dan KK? Reporter: Ridwan Nanda Mulyana | Editor:

Herlina Kartika Dewi

ATURAN turunan Undang-Undang Nomor 3

Tahun 2020 alias UU Mineral dan Batubara (Minerba) bakal segera terbit. Paling tidak, dari tiga Rancangan Peraturan Pemerintah (RPP) yang sedang dibahas, ada satu PP yang akan segera diterbitkan dalam waktu dekat ini.

PP tersebut mengatur tentang pelaksanaan kegiatan usaha pertambanga mineral dan batubara. Merujuk pada draft RPP yang salinannya didapatkan Kontan.co.id, beleid itu terdiri dari 24 Bab dengan 202 Pasal. Ada sejumlah poin yang diatur dalam beleid tersebut.

Salah satu yang menjadi sorotan ialah terkait dengan perizinan berusaha di bidang pertam-bangan minerba. Pasal 7 RPP ini menyebut-kan, usaha pertambangan dilaksanakan ber-dasarkan perizinan berusaha dari pemerintah pusat. Artinya, aturan ini menegaskan bahwa pemerintah pusat telah menarik perizinan berusaha pertambangan dari pemerintah daerah.

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In this regulation, the government als o distinguishes between a special mining business permit (IUPK) and an IUPK as a continuation of contract/agreement operations.

IUPK is regulated separately in Chapter VI. Article 65 paragraph (1) states that the IUPK is granted by the Minister based on applications submitted by BUMN, BUMD and private enterprises. Meanwhile, paragraph (2) regulates that the IUPK is granted after obtaining a Special Mining Business Permit Area (WIUPK).

"Provisions regarding the determination of WIUPK as referred to in paragraph (2) are regulated in a separate Governm ent Regulation," wrote the RPP, as quoted by Kontan.co.id, Tuesday (8/9).

Meanwhile, IUPK as a continuation of contract/agreement operation is regulated separately in Chapter VII. Article 107 stipulates that this type of licensing is a continuation of the operation of a contract/ agreement granted by the Minister based on an application submitted by the holder of a Contract of Work (KK) or Coal Mining Exploitation Work Agreement (PKP2B).

The IUPK as a continuation of contract/ agreement operation is granted with the provisions (a) according to the remaining term of the KK or PKP2B and the first extension of 10 years; and (b) may be granted a second extension of 10 years.

In granting this type of IUPK, the Minister considers: (a) operational sustainability; (b) optimizing the potential for Mineral or Coal reserves in the framework of Mineral or Coal conservation from WIUPK for the Production Operation activity stage; and (c) national interests.

To provide these considerations, KK and PKP2B must submit plans fo r the development of the entire area and plans for development and/or utilization of coal in the country.

Dalam pengaturan ini pula, pemerintah membedakan antara Izin Usaha Pertam-bangan Khusus (IUPK) dengan IUPK sebagai kelanjutan operasi kontrak/perjanjian.

IUPK diatur tersendiri dalam Bab VI. Pasal 65 ayat (1) menyatakan bahwa IUPK di-berikan oleh Menteri berdasarkan per-mohonan yang diajukan oleh BUMN, BUMD dan Badan Usaha Swasta. Sedangkan ayat (2) mengatur IUPK diberikan setelah mendapat-kan Wilayah Izin Usaha Pertambangan Khusus (WIUPK).

"Ketentuan mengenai penetapan WIUPK sebagaimana dimaksud pada ayat (2) diatur dalam Peraturan Pemerintah tersendiri," tulis RPP tersebut, sebagaimana yang dikutip Kontan.co.id, Selasa (8/9).

Sementara itu, IUPK sebagai kelanjutan operasi kontrak/perjanjian diatur tersendiri dalam Bab VII. Pasal 107 mengatur bahwa perizinan jenis ini merupakan kelanjutan operasi kontrak/perjanjian yang diberikan oleh Menteri berdasarkan permohonan yang diajukan oleh pemegang Kontrak Karya (KK) atau Perjanjian Karya Pengusahaan Pertam-bangan Batubara (PKP2B).

IUPK sebagai kelanjutan operasi kontrak/ perjanjian diberikan dengan ketentuan (a) sesuai sisa jangka waktu KK atau PKP2B dan perpanjangan pertama selama 10 tahun; dan (b) dapat diberikan perpanjangan kedua selama 10 tahun.

Dalam memberikan IUPK jenis ini, Menteri mempertimbangkan: (a) keberlanjutan operasi; (b) optimalisasi potensi cadangan Mineral atau Batubara dalam rangka konservasi Mineral atau Batubara dari WIUPK untuk tahap kegiatan Operasi Produksi; serta (c) kepentingan nasional.

Untuk memberikan pertimbangan tersebut, KK dan PKP2B harus menyampaikan rencana pengembangan seluruh wilayah dan rencana pengembangan dan/atau peman-faatan betubara di dalam negeri.

IMA-Daily Update Page 11

As a continuation of contract/agreement operations, the IUPK holder is obliged to carry out the development and/or utilization of coal in the country. Article 116 states that coal development includes: (1) cooking, (2) coal liquefaction, and (3) coal gasification including underground coal gasifications.

Meanwhile, the use of coal can be done through the construction of a new Steam Power Plant (PLTU) at the mouth of the mine for public use.

"Further provisions regarding coal development and/or utilization activities shall be regulated in a Ministerial Regulation," wrote the regulation.

Another interesting point is related to the extent of the IUPK area to continue KK/PKP2B. This regulation does not clearly state the size of the area. However, Article 119 states that in applying for an IUPK as a continuation of contract/ agreement operations, holders of KK and PKP2B can apply for areas outside the WIUPK, for the production operation activity stage to the minister to support their mining business activities.

Furthermore, Article 132 paragraph (1) states that in the context of mineral and coal conservation, holders of IUP and IUPK for metal mineral and coal production operations activities can submit applications for expansion of WIUP and WIUPK to the Minister.

Paragraph (2) continues, the expansion of WIUP and WIUPK resulting from expansion is determined: (1) a maximum area of 25,000 hectares for a metal mineral WIUP, (2) a maximum area of 15,000 hectares for a coal WIUP, (3) in accordance with the results o f the ministerial evaluation for WIUPK.

Pemegang IUPK sebagai kelanjutan operasi kontrak/perjanjian wajib melaksanakan pengembangan dan/atau pemanfaatan batubara di dalam negeri . Pasal 116 menerangkan bahwa pengembangan batu-bara meliputi: (1) pembuatan kokas (cooking), (2) pencairan batubara (coal liquefaction), dan (3) gasifikasi batubara (coal gasification) termasuk underground coal gasifications.

Sedangkan pemanfaatan batubara dapat dilakukan melalui pembangunan sendiri Pembangkit Listrik Tenaga Uap (PLTU) baru di mulut tambang untuk kepentingan umum.

"Ketentuan lebih lanjut mengenai kegiatan pengembangan dan/atau pemanfaatan batubara diatur dengan Peraturan Menteri," tulis beleid tersebut.

Hal menarik lainnya ialah terkait dengan luasan wilayah IUPK kelanjutan KK/ PKP2B. Aturan ini memang tidak menye-butkan secara gamblang angka luasan wilayahnya. Namun, Pasal 119 menyebut bahwa pemegang KK dan PKP2B dalam mengajukan permohonan IUPK sebagai kelanjutan operasi kontrak/perjanjian dapat mengajukan permohonan wilayah di laur WIUPK, untuk tahap kegiatan operasi produksi kepada menteri untuk me-nunjang kegiatan usaha pertambangannya.

Lebih lanjut, Pasal 132 ayat (1) menye-butkan bahwa dalam rangka konservasi minerba, pemegang IUP dan IUPK untuk tahap kegiatan operasi produksi mineral logam dan batubara dapat mengajukan permohonan perluasan WIUP dan WIUPK kepada Menteri.

Ayat (2) melanjutkan, perluasan WIUP dan WIUPK hasil perluasan ditentukan: (1) paling luas 25.000 hektare untuk WIUP mineral logam, (2) paling luas 15.000 hektare untuk WIUP batubara, (3) sesuai dengan hasil evaluasi menteri untuk WIUPK.

IMA-Daily Update Page 12

"The area being requested for expansion is an area that coincides with the initial WIUP or WIUPK, and the area being requested for expansion has the potential for continuation of mineralization/mineral ore body or coal sedimentation," the regulation continued.

Apart from the above regulations, the RPP regarding the implementation of mineral and coal mining business activities also regulates a number of other matters. Among other things, related to the grouping of mineral and coal mining which is divided into five categories of mining commodities. This arrangement includes radioactive minerals which include uranium, thorium and other radioactive minerals.

In addition, there are also arrangements related to share divestment; prioritizing domestic interests, controlling production and controlling mineral and coal sales, increasing added value, using mining roads, developing and empowering communities, community mining permits, transportation and sales permits, and mining service businesses.

In the draft RPP regarding the imple-mentation of mineral and coal mining business activities, it is planned to be signed by President Joko Widodo in September 2020.

Director General of Mineral and Coal at the Ministry of EMR Ridwan Djamaluddin has not confirmed or denied this. He only said that currently the government is still continuing the discussion.

"The PP has not finished. We will publish it after it has been published," Ridwan said when contacted by Kontan.co.id, Tuesday (8/9).

Previously, Ridwan implicitly said that he would speed up the discussion of this RPP. Ridwan targets that...

"Wilayah yang dimohonkan perluasan merupakan wilayah yang berhimpit dengan WIUP atau WIUPK awal, dan wilayah yang dimohonkan perluasan terdapat potensi kemenerusan mineralisasi/tubuh bi j i mineral atau sedimentasi batubara," lanjut aturan tersebut.

Selain pengaturan di atas, RPP tentang pelaksanaan kegiatan usaha pertambanga mineral dan batubara juga mengatur sejumlah hal lain. Di antaranya, terkait pengelompokkan pertambangan minerba yang dibagi ke dalam lima golongan komoditas tambang. Pengaturan ini me-masukkan mineral radioaktif yang meliputi uranium, torium dan bagian galian radio aktif lainnya.

Di samping itu, ada juga pengaturan terkait dengan divestasi saham; pengutamaan kepentingan dalam negeri, pengendalian produksi dan pengendalian penjualan minerba, peningkatan nilai tambah, peng-gunaan jalan pertambangan, pengembangan dan pem berdayaan masyarakat, Izin Pertambangan Rakyat, Izin pengangkutan dan penjualan, serta usaha jasa pertam-bangan.

Dalam draft RPP tentang pelaksanaan kegiatan usaha pertambanga mineral dan batubara, direncanakan akan ditanda-tangani oleh Presiden Joko Widodo pada bulan September 2020 ini.

Direktur Jenderal Mineral dan Batubara Kementerian ESDM Ridwan Djamaluddin belum membenarkan ataupun membantah terkait hal tersebut. Dia hanya bilang, saat ini pemerintah masih melanjutkan pem-bahasan.

"PP belum selesai. Kami publikasikan setelah sudah terbit," kata Ridwan saat dihubungi Kontan.co.id, Selasa (8/9).

Sebelumnya, secara tersirat Ridwan mengatakan bahwa akan mengebut pem-bahasan RPP ini. Ridwan menargetkan...

IMA-Daily Update Page 13

Ridwan targets that one PP has been issued, no later than November 2020. The PP, which is targeted to be issued earlier, regulates the implementation of mineral and coal mining business activities.

"(Discussion) PP is already in process. We are trying to finish the first November. The rest is December, we will catch up to the end of the year," said Ridwan when he was met after attending the DPR RI Commission VII Hearing Meeting, Thurs-day (3/9).

Currently, the Government, especially the Ministry of EMR, is indeed a race against time. In addition to finalizing the derivative regulations of the Minerba Law, the Ministry of EMR is also processing a request for an extension of the PT Arutmin Indonesia's Coal Mining Exploitation Work Agreement (PKP2B) which will end on November 1, 2020.

Just so you know, Arutmin has applied for a license extension and a change in status from PKP2B to Special Mining Business License (IUPK) for the continuation of operations on October 24, 2019.

As well as the RPP regarding the implementation of mineral and coal mining business activities, there are still two other RPPs that are being discussed by the government and are targeted to be completed by next December. The other two RPPs are the RPP on mining areas which, among other things, regulates the legal mining area, changes the status of the State Reserved Area to WUPK, determines mining areas as well as mining data and information.

Meanwhile, the last RPP is about guidance and supervision as well as reclamation and post-mining in the implementation of mining business management.

Ridwan menargetkan ada satu PP yang sudah terbit, paling lambat pada November 2020 mendatang. PP yang dibidik terbit lebih cepat itu mengatur tentang pelak-sanaan kegiatan usaha pertambangan minerba.

"(Pembahasan) PP sudah berproses. Kita berusaha untuk selesai November yang satu. Sisanya Desember, kita kejar akhir tahun selesai," kata Ridwan saat ditemui selepas mengikuti Rapat Dengar Pendapat Komisi VII DPR RI, Kamis (3/9).

Saat ini, Pemerintah khususnya Kemen-terian ESDM memang sedang berpacu dengan waktu. Selain merampungkan aturan turunan UU Minerba, Kementerian ESDM juga sedang memproses permohon-an perpanjangan kontrak Perjanjian Karya Pengusahaan Pertambangan Batubara (PKP2B) PT Arutmin Indonesia akan ber-akhir pada 1 November 2020.

Asal tahu saja, Arutmin sudah mengajukan permohonan perpanjangan izin dan perubahan status dari PKP2B menjadi Izin Usaha Pertambangan Khusus (IUPK) kelanjutan operasi pada 24 Oktober 2019 lalu.

Adapun selain RPP tentang pelaksanaan kegiatan usaha pertambangan minerba, masih ada dua RPP lain yang sedang dibahas pemerintah dan ditargetkan rampung paling lambat Desember men-datang. Kedua RPP lainnya ialah RPP tentang wilayah pertambangan yang antara lain mengatur soal wilayah hukum pertambangan, perubahan status Wilayah Pencadangan Negara menjadi WUPK, penetapan wilayah pertambangan serta data dan informasi pertambangan.

Sedangkan RPP terakhir tentang pem-binaan dan pengawasan serta reklamasi dan pascatambang dalam penyelenggaraan pengelolaan usaha pertambangan.

IMA-Daily Update Page 14

Foreign Investors Make Bumi Resources (BUMI) Shares Back

to Rp50 M. Nurhadi Pratomo

ISSUER coal producer, PT Bumi Resources

Tbk., Again touched the level of Rp50 at the end of the trading session Tuesday (8/9/2020).

Based on Bisnis observation, the issuer coded BUMI shares started trading stagnant at the level of Rp52. The movement tries to rise to the Rp51 level before falling into the red zone.

BUMI landed in the red zone with a correction of 2 points or 3.85 percent to the level of Rp 50 at the end of the first session Tuesday (8/9/2020). The total transaction value was recorded at Rp 55.41 billion.

Foreign investors are observed to release BUMI's share ownership. It was recorded that the total net sell was Rp 38.61 billion at the end of the first session on Tuesday (9/8/2020).

In the past week, BUMI's shares have actually started to rise, leaving the Rp50 level. In fact, the movement had touched the resistance level at Rp58.

In a previous Bisnis report, Bumi Resources Director and Corporate Secretary Dileep Srivastava claimed the increase in share prices was in line with speculation about the company's positive development. One of them is an effort to boost the performance of PT Bumi Resources Minerals Tbk. (BRMS) in 2020.

In addition, he continued, the IUPK status is a continuation of the PKP2B extension which is expected to be approved by...

Investor Asing Bikin Saham Bumi Resources (BUMI) Balik ke

Gocap M. Nurhadi Pratomo

EMITEN produsen batu bara, PT Bumi

Resources Tbk., kembali menyentuh level Rp50 pada akhir sesi perdagangan Selasa (8/9/2020).

Berdasarkan pantauan Bisnis, emiten ber-kode saham BUMI itu mengawali perda-gangan dengan stagnan di level Rp52. Pergerakan coba naik ke level Rp51 sebelum akhirnya jatuh ke zona merah.

BUMI mendarat di zona merah dengan koreksi 2 poin atau 3,85 persen ke level Rp50 pada akhir sesi pertama Selasa (8/9/2020). Total nilai transaksi tercatat senilai Rp55,41 miliar.

Investor asing terpantau melepas kepe-milikan saham BUMI. Tercatat, total net sell senilai Rp38,61 miliar akhir sesi pertama Selasa (8/9/2020).

Dalam sepekan terakhir, sejatinya saham BUMI mulai bangkit dengan meninggalkan level Rp50. Bahkan, pergerakan sempat menyentuh level resistan Rp58.

Dalam pemberitaan Bisnis sebelumnya, Director dan Corporate Secretary Bumi Resources Dileep Srivastava mengklaim kenaikan harga saham seiring dengan spekulasi perkembangan positif perseroan. Salah satunya upaya menggenjot kinerja PT Bumi Resources Minerals Tbk. (BRMS) pada 2020.

Selain itu, lanjut dia, status IUPK sebagai kelanjutan dari perpanjangan PKP2B yang dalam waktu dekat diharapkan disetujui oleh...

IMA-Daily Update Page 15

the Ministry of EMR in the near future so that it will give a positive signal to the certainty of the company's business sustainability.

Meanwhile, BRMS shares rose 1 point or 1.92 percent until the first session to the level of Rp53, after moving in the range of Rp. 51 - Rp. 54. Editor: Hafiyyan

Kementerian Energi Sumber Daya Mineral sehingga memberikan sinyal positif ter-hadap kepastian keberlanjutan usaha perseroan.

Sementara itu, saham BRMS hingga sesi I menguat 1 poin atau 1,92 persen ke level Rp53, setelah bergerak di rentang Rp51 - Rp54. Editor : Hafiyyan

Dear Arutmin Cs, do you know the requirements to be an

IUPK? See below Wilda Asmarini, CNBC Indonesia

THE GOVERNMENT has mentioned that

there are seven coal mining company contracts or commonly known as the Coal Mining Exploitation Work Agreement (PKP2B) Generation I which will expire in 2020-2025.

The closest is PT Arutmin Indonesia, a subsidiary of PT Bumi Resources Tbk (BUMI), whose agreement will end on November 1, 2020. Although until now the government has not decided whether the continuation of Arutmin's operations to become a Special Mining Business License (IUPK) will be approved or not, in the Minerba Law the government also guarantees the extension of the operations of the KK and PKP2B holders.

Holders of Coal Mining Concession Work Contracts and Work Agreements (PKP2B) are guaranteed an extension to a Special Mining Business License (IUPK) as a continuation of contract/agreement operations after fulfilling a number of requirements.

Dear Arutmin Cs, Mau Tau Syarat Jadi IUPK Apa Aja?

Simak Ini Wilda Asmarini, CNBC Indonesia

PEMERINTAH telah menyebutkan ada

tujuh kontrak perusahaan tambang batu bara atau biasa dikenal dengan Perjanjian Karya Pengusahaan Pertambangan Batu Bara (PKP2B) Generasi I yang akan ber-akhir pada 2020-2025.

Terdekat yaitu PT Arutmin Indonesia, anak usaha PT Bumi Resources Tbk (BUMI), yang perjanjiannya akan berakhir pada 1 November 2020 ini. Meski hingga saat ini pemerintah belum memutuskan apakah kelanjutan operasi Arutmin menjadi Izin Usaha Pertambangan Khusus (IUPK) akan disetujui atau tidak, namun dalam UU Minerba pemerintah pun memberikan jaminan perpanjangan operasi pemegang KK dan PKP2B tersebut.

Pemegang Kontrak Karya dan Perjanjian Karya Pengusahaan Pertambangan Batu Bara (PKP2B) diberikan jaminan perpan-jangan menjadi Izin Usaha Pertambangan Khusus (IUPK) sebagai kelanjutan operasi kontrak/ perjanjian setelah memenuhi sejumlah persyaratan.

IMA-Daily Update Page 16

This is stated in Article 169A of Law No.3 of 2020 concerning Minerals and Coal (Minerba Law) which was only promul-gated on June 10, 2020.

So what does the implementing regulation sound like as a derivative of the Minerba Law?

Based on the Draft Government Regulation (RPP) document obtained by CNBC Indonesia, Tuesday (08/09/2020), Article 112 regulates the extension of IUPK as a continuation of contract/agreement operations. In this article it is written that "IUPK as a continuation of contract/ agreement operation can be extended once for 10 years."

For an IUPK as a continuation of the operation of an integrated contract/ agreement with processing and or refining or development and/or util ization facilities, an extension can be given for 10 years each time.

Applications for an IUPK extension as a continuation of contract/agreement operations are submitted to the Minister at the earliest within 5 years and no later than 1 year before the end of the production operation activity period.

This IUPK extension is granted on the condition that the remaining term of the IUPK is a continuation of the contract/ agreement operation plus an extension period of 10 years.

The requirements for an application for an IUPK extension as a continuation of the operation of this contract/agreement must at least be completed with the following:

a. map and boundary coordinates of the area,

b. proof of payment of fixed fees and production fees for the last 3 years,

c. final report on production operations,

Hal tersebut tertuang dalam Pasal 169A Undang-undang No.3 tahun 2020 tentang Mineral dan Batu Bara (UU Minerba) yang baru diundangkan pada 10 Juni 2020.

Lantas seperti apa bunyi dari peraturan pelaksana sebagai turunan dari UU Minerba tersebut?

Berdasarkan dokumen Rancangan Per-aturan Pemerintah (RPP) yang diperoleh CNBC Indonesia, Selasa (08/09/2020), pada Pasal 112 mengatur tentang perpanjangan IUPK sebagai kelanjutan operasi kontrak/ perjanjian. Pada pasal ini ditulis bahwa "IUPK sebagai kelanjutan operasi kontrak/ perjanjian dapat diberikan perpanjangan sebanyak satu kali selama 10 tahun."

Bagi IUPK sebagai kelanjutan operasi kontrak/ perjanjian yang terintegrasi dengan fasilitas pengolahan dan atau pemurnian atau pengembangan dan atau pemanfaatan dapat diberikan perpanjangan selama 10 tahun setiap kali perpanjangan.

Permohonan perpanjangan IUPK sebagai kelanjutan operasi kontrak/ perjanjian diajukan kepada Menteri paling cepat dalam jangka waktu 5 tahun dan paling lambat dalam jangka waktu 1 tahun sebelum ber-akhirnya jangka waktu kegiatan operasi produksi.

Perpanjangan IUPK ini diberikan dengan ketentuan sesuai sisa jangka waktu IUPK sebagai kelanjutan operasi kontrak/ per-janjian ditambah jangka waktu perpan-jangan selama 10 tahun.

Adapun syarat untuk permohonan perpan-jangan IUPK sebagai kelanjutan operasi kontrak/ perjanjian ini paling sedikit harus dilengkapi beberapa hal berikut ini:

a. peta dan batas koordinat wilayah,

b. bukti pelunasan iuran tetap dan iuran produksi 3 tahun terakhir,

c. laporan akhir kegiatan operasi produksi,

IMA-Daily Update Page 17

d. environmental management imple-mentation report,

e. work plan and budget, and

f. balance of resources and reserves.

However, the Minister may reject the application for the IUPK extension in the event that based on the evaluation results, the IUPK holder as a continuation of the contract/agreement operation does not show a good production operation performance.

The rejection must be submitted to the IUPK holder no later than before the IUPK expires as a continuation of the contract/agree-ment operation.

In the transitional provisions in Article 187 it is also stated that "for holders of Coal Mining Exploitation Work Agreement (PKP2B) who have applied for an extension of PKP2B to become a Special Mining Business License (IUPK) for Production Operations to the Minister before this Government Regulation is promulgated must adjust the extension application to IUPK is a continuation of contract/ agreement operation based on the provisions of this Government Regulation, except in relation to plans for developing and or utilizing coal."

Plans for development and/or utilization of coal must be submitted together with the application for extension of PKP2B to IUPK as a continuation of contract/ agreement operations.

Although the previous Minerba Law did not mention when the government could approve or reject the application for extension of IUPK at the latest as a continuation of this contract/agreement operation, this RPP states that "the Minister approves the IUPK application as a continuation of the contract/agreement operation within the maximum period of time no later than 30 days before the end of PKP2B."

d. laporan pelaksanaan pengelolaan ling-kungan,

e. rencana kerja dan anggaran biaya, dan

f. neraca sumber daya dan cadangan.

Namun demikian, Menteri dapat menolak permohonan perpanjangan IUPK tersebut dalam hal berdasarkan hasil evaluasi, peme-gang IUPK sebagai kelanjutan operasi kontrak/perjanjian tidak menunjukkan kinerja operasi produksi yang baik.

Penolakan tersebut harus disampaikan kepada pemegang IUPK sebagai paling lambat sebelum berakhirnya IUPK sebagai kelan-jutan operasi kontrak/ perjanjian.

Dalam ketentuan peralihan pada Pasal 187 pun disebutkan bahwa "bagi pemegang Perjanjian Karya Pengusahaan Pertambangan Batu Bara (PKP2B) yang telah mengajukan permohonan perpanjangan PKP2B menjadi Izin Usaha Pertambangan Khusus (IUPK) Operasi Produksi perpanjangan kepada Menteri sebelum Peraturan Pemerintah ini diundangkan harus menyesuaikan permohonan perpanjangan menjadi IUPK sebagai kelanjutan operasi kontrak/ perjanjian berdasarkan ketentuan dalam Peraturan Pemerintah ini kecuali terkait rencana pengembangan dan atau pemanfaatan batu bara."

Rencana pengembangan dan atau peman-faatan batu bara harus disampaikan ber-samaan dengan permohonan perpanjangan PKP2B menjadi IUPK sebagai kelanjutan operasi kontrak/ perjanjian.

Meski dalam UU Minerba sebelumnya tidak disebutkan kapan paling lambat pemerintah dapat memberikan persetujuan atau penolakan dari permohonan perpanjangan IUPK sebagai kelanjutan operasi kontrak/ perjanjian ini, namun di RPP ini disebutkan bahwa "Menteri memberikan persetujuan permohonan IUPK sebagai kelanjutan operasi kontrak/ perjanjian dalam jangka waktu paling lambat 30 hari sebelum berakhirnya PKP2B."

IMA-Daily Update Page 18

The Minister may grant IUPK approval as a continuation of contract/agreement operations, must consider the sustain-ability of operations, optimization of potential mineral or coal reserves in the context of mineral or coal conservation from WIUPK for the production operation activity stage, and national interests. (wia)

Menteri dapat memberikan persetujuan IUPK sebagai kelanjutan operasi kontrak/ perjanjian harus mempertimbangkan keberlanjutan operasi, optimalisasi potensi cadangan mineral atau batu bara dalam rangka konservasi mineral atau batu bara dari WIUPK untuk tahap kegiatan operasi produksi, dan kepentingan nasional. (wia)

Stuck by corona, two non-coal projects of Darma Henwa (DEWA)

postponed to semester I-2020 Reporter: Ridwan Nanda Mulyana | Editor:

Wahyu T. Rahmawati

IN THE midst of the Covid-19 pandemic, PT Darma Henwa Tbk (DEWA) is still pursuing non-coal business development. Plans for a number of mineral projects are continuing while keeping an eye on the latest developments during the pandemic.

Even so, Darma Henwa Mukson's Corporate Secretary Arif Rosyidi did not deny that Covid-19 was hampering a number of non-coal projects that had been planned by DEWA. Currently, DEWA is developing its non-coal business through four projects.

Mukson said the work schedule was postponed and adjusted for projects in Dairi, North Sumatra and projects located in Palu, Central Sulawesi. Mukson said that his party hopes that the two projects can start in the first semester of next year.

"Until now there is still no definite information regarding the time to start work from clients, however, we hope that these projects can start in the first half of 2021," Mukson told Kontan.co.id, Tuesday (8/9).

Tertahan corona, dua proyek non-batubara Darma Henwa (DEWA)

mundur ke semester I-2020 Reporter: Ridwan Nanda Mulyana | Editor:

Wahyu T. Rahmawati

DI tengah pandemi Covid-19, PT Darma Henwa Tbk (DEWA) masih tetap mengejar pengembangan bisnis non-batubara. Rencana sejumlah proyek mineral terus berjalan sembari mencermati perkem-bangan kondisi terkini selama pandemi.

Kendati begitu, Sekretaris Perusahaan Darma Henwa Mukson Arif Rosyidi tak menampik bahwa covid-19 menghambat sejumlah proyek nonbatubara yang sudah direncanakan DEWA. Saat ini, DEWA mengembangkan bisnis nonbatubara melalui empat proyek.

Mukson menyebut, pemunduran dan penye-suaian jadwal pengerjaan dilakukan pada proyek di Dairi, Sumatra Utara dan proyek yang berlokasi di Palu, Sulawesi Tengah. Mukson bilang, pihaknya berharap kedua proyek tersebut bisa dimulai pada periode semester I tahun depan.

"Sampai dengan saat ini masih belum ada informasi yang pasti terkait waktu untuk memulai pekerjaan dari klien, namun demikian kami berharap proyek-proyek ter-sebut dapat dimulai pada semester pertama tahun 2021," kata Mukson kepada Kontan.co.id, Selasa (8/9).

IMA-Daily Update Page 19

Meanwhile, the four DEWA non-coal business development projects are, first, a zinc and tin mining project in Dairi, North Sumatra. DEWA is currently discussing with the client regarding the finalization of the contract for mining infrastructure development.

Second, the gold and copper mining project in Palu, Central Sulawesi. The construction of infrastructure development projects, exploration drilling and mining in gold and copper mines is stil l waiting for instructions to start work from clients.

Third, a gold mining project in Garut, West Java. Gold mining and ore processing services in Garut are currently stil l ongoing.

Fourth, the gold and copper mining project in Tombulilato, Mek River Block, Gorontalo, which is stil l awaiting information regarding the project tender from the client. In this project, DEWA plans to be able to work on road construction, mining activities and reclamation.

Regarding investment needs, Mukson said, DEWA still has not budgeted for capital expenditure (capex) specifically related to non-coal projects. As a result, most spending stil l comes from operational expenses.

"This is because the scope of work is quite diverse and different in each project. However, DEWA will certainly allocate capex according to project needs or project work strategies," Mukson explained.

What is clear, up to Semester I-2020, the total realization of DEWA's capex reached US$ 31.26 million. Most of the capex is used for the procurement of components and parts for production equipment, as well as big tires.

Adapun, keempat proyek pengembangan bisnis non-batubara DEWA adalah, pertama, proyek penambangan seng dan timah di Dairi, Sumatra Utara. DEWA saat ini tengah melakukan pembahasan dengan klien terkait dengan finalisasi kontrak pengerjaan pembangunan infrastruktur tambang.

Kedua, proyek penambangan emas dan tembaga di Palu, Sulawesi Tengah. Penger-jaan proyek pengembangan infrastruktur, eksplorasi pengeboran dan penambangan di tambang emas dan tembaga masih me-nunggu instruksi untuk memulai pekerjaan dari klien.

Ketiga, proyek pertambangan emas di Garut, Jawa Barat. Pengerjaan jasa per-tambangan emas dan pengolahan bijih di Garut saat ini masih terus berjalan.

Keempat, proyek penambangan emas dan tembaga di Tombulilato, Blok Sungai Mek, Gorontalo, yang masih menunggu adanya informasi terkait tender pengerjaan dari klien. Pada proyek ini rencananya DEWA akan bisa mengerjakan road construction, aktivitas penambangan dan reklamasi.

Mengenai kebutuhan investasi, Mukson mengatakan, DEWA masih belum meng-anggarkan belanja modal alias capital expenditure (capex) khusus terkait proyek non-batubara. Alhasil, sebagian besar pem-belanjaan masih berasal dari pengeluaran operasional.

"Hal ini disebabkan oleh lingkup pekerjaan yang cukup beragam dan berbeda-beda di setiap proyek. Meskipun demikian, DEWA tentu akan mengalokasikan capex sesuai kebutuhan proyek ataupun strategi pengerjaan proyek," terang Mukson.

Yang jelas, sampai dengan Semester I-2020, total realisasi capex DEWA mencapai US$ 31,26 juta. Sebagian besar capex di-gunakan untuk pengadaan komponen dan suku cadang alat produksi, serta big tyre.

IMA-Daily Update Page 20

For the coal service business line, DEWA is still focused on pursuing operational performance as targeted. Because according to Mukson, although coal prices still tend to weaken, until now there has been no request for a decrease in coal production from clients.

Thus, DEWA's strategy is to increase productivity and increase the capacity of production equipment by making several improvements to equipment. "We are currently still focused on achieving produc-tion according to the target. We are currently reviewing it according to the conditions of

Covid 19," Mukson concluded.

Untuk lini bisnis di jasa batubara, DEWA masih fokus mengejar kinerja operasional sesuai dengan yang telah ditargetkan. Sebab menurut Mukson, meski harga batubara masih cenderung melemah, namun sampai saat ini belum ada permintaan penurunan produksi batubara dari klien.

Sehingga, strategi yang dilakukan DEWA adalah peningkatan produktivitas serta peningkatan kapasitas alat produksi dengan melakukan beberapa perbaikan alat. "Kami saat ini masih fokus pada pencapaian produksi sesuai dengan target. Saat ini terus kami review sesuai dengan kondisi Covid 19," pungkas Mukson.

PTFI's Efforts to Restore Ex-

Mining Lands Get Support Editor: Gita Amanda

PT FREEPORT Indonesia (PTFI) continues

to restore the former Grasberg open pit mine so that it can be reused as an adequate conservation area for flora and safe habitat for various types of wildlife. Restoration efforts that have been ongoing since the beginning of Grasberg's operational period and will continue until the operational period of all PTFI mines has received support from academics and environmental experts, such as the Faculty of Agriculture, University of Papua (FAPERTA UNIPA) and the Center for Mine Reclamation Studies, Bogor Agricultural University (IPB), through the implementation of a number of studies.

The location of Grasberg which is at an altitude of about 4,000 meters above sea level makes this area has a natural ecosystem that cannot be found in other areas, such as being dominated by grasslands and equipped with shrubs and exotic herbs. With thes e alt itudes and characteristics,...

Upaya PTFI Merestorasi Lahan

Eks Tambang dapat Dukungan Redaksi: Gita Amanda

PT FREEPORT Indones ia (PTFI) terus

merestorasi kawasan bekas tambang terbuka Grasberg agar dapat dimanfaatkan kembali sebagai area konservasi yang memadai bagi flora dan habitat yang aman bagi berbagai jenis satwa liar. Upaya restorasi yang telah berlangsung sejak awal masa operasional Grasberg dan masih akan terus dilakukan hingga masa operasional seluruh tambang PTFI berakhir ini mendapatkan dukungan dari akademisi dan pakar lingkungan, seperti Fakultas Pertanian Universitas Papu a (FAPERTA UNIPA) dan Pusat Studi Reklamasi Tambang Institut Pertanian Bogor (IPB), melalui pelaksanaan sejumlah penelitian.

Lokasi Grasberg yang berada di ketinggian sekitar 4.000 meter di atas permukaan laut membuat area ini memiliki ekosistem alami yang belum tentu dapat dijumpai di daerah lain, seperti didominasi oleh padang rumput dan dilengkapi tumbuhan semak serta herba eksotis. Dengan ketinggian dan karakteristik tersebut,...

IMA-Daily Update Page 21

With these altitudes and characteristics, the challenge of restoring environmental

ecological conditions is increasing. Some of them are the temperature that can reach

seven degrees Celsius, the rainfall is so high, the light intensity is very low, and the

area is surrounded by rocks without soil, which makes the ability to grow various

types of vegetation very slowly.

Therefore, one of the restoration efforts that are being carried out is to carry out

germplasm conservation efforts, namely fully using local plant species around

Grasberg into plants planted in the reclamation area.

"Conservation of germplasm has helped us

to optimize the restoration of the former Grasberg mining area in the highlands,

considering that cultivating plants from the lowlands is very difficult to do in Grasberg.

We hope that the Grasberg open pit mine which we have closed can recover and

become a healthy ecosystem for flora and fauna," said PT Freeport Indonesia General

Superintendent of Highland Reclamation and Monitoring, Pratita Puradyatmika, in a

press release.

Apart from using germplasm, another effort that can also be done to support the

Grasberg restoration program is to restore the Grasberg area using biological

methods, or bioremediation. Deputy Dean 1 of FMIPA UNIPAMaria Massora, who has

been involved in Grasberg restoration research, said that the bacteria isolated

from ore in the Grasberg mine has the potential to be used in the restoration

program through the bioremediation program to help accelerate environmental

recovery around the Grasberg area. The ability of bacteria to develop...

Dengan ketinggian dan karakteristik ter-sebut, tantangan untuk merestorasi kondisi ekologi lingkungan semakin meningkat. Beberapa di antaranya adalah suhunya yang bisa mencapai tujuh derajar Celcius, curah hujannya yang begitu tinggi, intensitas cahayanya yang sangat rendah, dan kawasan-nya yang dihampari bebatuan tanpa tanah, yang membuat kemampuan tumbuh ber-bagai jenis vegetasi menjadi sangat lambat.

Oleh karena itu, salah satu upaya restorasi yang tengah dilakukan adalah melakukan upaya konservasi plasma nutfah, yakni menggunakan sepenuhnya spesies tumbuhan lokal di sekitar Grasberg menjadi tumbuhan yang ditanam di area reklamasi.

“Konservasi plasma nutfah telah membantu kami melakukan upaya restorasi kawasan bekas tambang Grasberg di dataran tinggi dengan lebih optimal, mengingat mem-budidayakan tanaman dari dataran rendah sangat sulit dilakukan di Grasberg. Kami berharap, tambang terbuka Grasberg yang telah kami tutup dapat kembali pulih dan menjadi ekosistem yang sehat bagi flora dan fauna,” ujar General Superintendent of Highland Reclamation and Monitoring PT Freeport Indonesia Pratita Puradyatmika, dalam siaran persnya.

Selain menggunakan plasma nutfah, upaya lain yang juga bisa dilakukan untuk menyokong program restorasi Grasberg adalah memulihkan area Grasberg dengan menggunakan metode biologi, atau bio-remediasi. Wakil Dekan 1 FMIPA UNIPA-Maria Massora yang pernah terlibat dalam penelitian restorasi Grasberg mengatakan, bakteri yang diisolasi dari batuan bijih di tambang Grasberg berpotensi untuk di-manfaatkan dalam program restorasi melalui program bioremediasi untuk membantu mempercepat pemulihan lingkungan di sekitar area Grasberg. Kemampuan bakteri untuk mengembangkan...

IMA-Daily Update Page 22

The ability of bacteria to develop resistance mechanisms to metals allows

them to live in media with high metal content such as in the Grasberg area, to

support the availability of nutrients for plants, and to help accelerate environ-

mental recovery in the Grasberg area.

This research collaboration between PTFI and academics has also received support

from other environmental experts. Researcher at the Center for Mine

Reclamation Studies, Bogor Agricultural University, Dr. Ir. Iskandar said, efforts to

restore the Grasberg area, with its various natural uniqueness and challenges, require

strong and sustainable collaboration between various sectors.

"The cooperation between PTFI and

academia really helps to accelerate efforts to optimize the restoration of the

ecological conditions of the Grasberg open pit mine," he said.

Restoration activities are not only carried

out by PTFI in the former Grasberg mining area, but also in other operating areas in

the lowlands. Especially in Grasberg, restoration has been carried out since

1999 involving various parties, both academics and the Mimika Regency

Government and the central government.

"Environmental restoration in all PTFI work areas is a form of our commitment to

achieve safe and sustainable production, not only for the community, but also for

the environment in which we operate," concluded PTFI Environment Manager

Gesang Setyadi.

Kemampuan bakteri untuk mengem-bangkan mekanisme resistensi terhadap logam membuat bakteri tersebut dapat hidup pada media yang memiliki kadar logam tinggi seperti di area Grasberg, menunjang ketersediaan hara bagi tumbuhan, serta membantu mempercepat pemulihan lingkungan di area Grasberg.

Kerja sama penelitian yang dilakukan PTFI dan kalangan akademisi ini pun mendapat dukungan dari pakar lingkungan lainnya. Peneliti Pusat Studi Reklamasi Tambang Institut Pertanian Bogor Dr. Ir. Iskandar mengatakan, upaya restorasi kawasan Grasberg, dengan berbagai keunikan alam dan tantangan yang dimilikinya, mem-butuhkan kolaborasi yang kuat dan ber-kelanjutan antar berbagai sektor.

"Kerja sama yang PTFI lakukan dengan dunia akademisi sangat membantu mem-percepat upaya optimalisasi pemulihan kondisi ekologi tambang terbuka Grasberg,” katanya.

Aktivitas restorasi tidak hanya dilakukan PTFI di area bekas pertambangan Grasberg, namun juga di wilayah operasi lainnya di dataran rendah. Khusus di Grasberg, restorasi sudah dilakukan sejak tahun 1999 dengan melibatkan berbagai pihak, baik kalangan akademisi maupun Pemerintah Kabupaten Mimika dan pemerintah pusat.

“Pemulihan lingkungan di seluruh area kerja PTFI merupakan salah satu bentuk komitmen kami untuk mewujudkan produksi yang aman dan berkelanjutan, tidak hanya bagi masyarakat, namun juga bagi lingkungan tempat kami beroperasi,” tutup Manajer Lingkungan Hidup PTFI Gesang Setyadi.

IMA-Daily Update Page 23

Adaro Green Watershed,

Improve Community Economy

MINING is believed to be one of the sectors

that can be relied on to create new jobs for communities in operational areas, especially during a pandemic. PT Adaro Indonesia, a coal mining company located in Tabalong and Balangan Regencies, is very aware of this, South Kalimantan.

PT Adaro Indonesia is a subsidiary of PT Adaro Energy Tbk. who received the Gold Proper award in 2019 from the Ministry of Environment and Forestry. This encourages Adaro to continue realizing its commitment as a company that is responsible for the environment and society through various activities in the environmental and social responsibility sectors. One of them is the rehabilitation of watersheds (DAS).

On September 7, 2020, Adaro was selected to hand over a portion of the results of the 298.36 Ha watershed rehabilitation plant to the Ministry of Environment and Forestry (KLHK). PT Adaro Indonesia has imple-mented watershed rehabilitation in Tahura Sultan Adam, South Kalimantan Province.

Minister of Environment and Forestry of the Republic of Indonesia, Dr. Ir. Siti Nurbaya Bakar, M.Sc, Deputy Minister of Environment and Forestry of the Republic of Indonesia Alue Dohong, accompanied by the President Director of PT Adaro Energy Tbk, Garibadi Thohir, witnessed the signing of the minutes and the handover of the results of planting rehabilitation of PT Adaro Indonesia's watershed by PT Adaro Indonesia's director representative Richard Tampi to Director General of PDASHL, Ir. Hudoyo MM on Monday (7/9) in the Rimbawan 1 room, Manggala Wanabakti, Jakarta.

Adaro Hijaukan DAS, Tingkatkan

Ekonomi Masyarakat

PERTAMBANGAN diyakini menjadi salah

satu sektor yang diandalkan untuk mencipta-kan lapangan kerja baru bagi masyarakat di wilayah operasional terutama di masa pandemi. Hal ini sangat di sadari oleh PT Adaro Indonesia, perusahaan pertambangan batubara yang berlokasi di Kabupaten Tabalong dan Balangan Kalimantan Selatan.

PT Adaro Indonesia merupakan anak per-usahaan PT Adaro Energy Tbk. yang meraih anugerah Proper Emas tahun 2019 dari Kementerian Lingkungan Hidup dan Kehutanan. Hal ini mendorong Adaro untuk terus mewujudkan komitmennya sebagai perusahaan yang bertanggungjawab ter-hadap lingkungan dan masyarakat melalui berbagai kegiatan di bidang lingkungan maupun tanggung jawab sosial. Salah satu-nya rehabilitasi Daerah Aliran Sungai (DAS).

Pada tanggal 7 September 2020, Adaro terpilih menserah terimakan sebagian hasil tanaman rehabilitasi DAS seluas 298,36 Ha kepada Kementerian Lingkungan Hidup dan Kehutanan (KLHK). PT Adaro Indonesia telah melaksanakan rehabilitasi DAS di Tahura Sultan Adam Provinsi Kalimantan Selatan.

Menteri Lingkungan Hidup dan Kehutanan RI, Dr. Ir. Siti Nurbaya Bakar, M.Sc , Wakil Menteri Lingkungan Hidup dan Kehutanan RI Alue Dohong, didampingi Presiden Direktur PT Adaro Energy Tbk Garibadi Thohir menyaksikan penandatangan berita acara dan serah terima hasil penanaman rehabilitasi DAS PT Adaro Indonesia oleh perwakilan direksi PT Adaro Indonesia Richard Tampi kepada Dirjen PDASHL, Ir. Hudoyo MM pada Senin (7/9) di ruang Rimbawan 1, Manggala Wanabakti, Jakarta.

IMA-Daily Update Page 24

The event with the theme of Watershed Rehabilitation for Environmental Recovery and Community Economic Improvement during the COVID-19 Pandemic is expected to spark enthusiasm for other IPPKH holders to immediately complete their watershed rehabilitation obligations.

In the midst of the COVID-19 Pandemic, Adaro always ensures that watershed rehabilitation activities are carried out in line with government efforts to accelerate watershed rehabilitation. The creation of job opportunities for the surrounding community is an important point in this program. For this reason, this company's concern is also carried out in order to support government programs to overcome the impact of the spread of Covid-19.

The synergy of community economic improvement programs with the watershed rehabilitation program is expected to help ease the economic burden of communities affected by COVID-19. In addition, community involvement in the watershed rehabilitation program will help create community independence in the future. During this pandemic, watershed rehabilitation activities are carried out by paying attention to the COVID-19 health protocol established by the government.

Since June 2016, Adaro has carried out planting activities in the context of River Area Rehabilitation (DAS) on rocky critical land in Kiram Village and Abirau Village, Karang Intan District, Banjar Regency, which is the Sultan Adam Forest Park Conservation Area. This location selection is determined by the government through BPDAS HL Barito in collaboration with related parties and determined by the Director General of PDASHL on behalf of the Minister of LHK. The plants chosen were productive plants such as Mahogany, Angsana, Rubber, Jackfruit, Cempedak, Jengkol, Gaharu, Cashew Nut, Sonokeling.

Acara yang bertemakan Rehabilitasi DAS Untuk Pemulihan Lingkungan dan Peningkatan Ekonomi Masyarakat di Masa Pandemi COVID-19 ini diharapkan dapat memicu semangat bagi para pemegang IPPKH yang lain untuk segera menye-lesaikan kewajiban rehabilitasi DAS.

Di tengah Pandemi COVID-19, Adaro senantiasa memastikan bahwa kegiatan rehabilitasi DAS tetap dilaksanakan sejalan dengan upaya pemerintah untuk per-cepatan rehabilitasi DAS. Penciptaan lapangan kerja bagi masyarakat sekitar menjadi poin penting dalam program ini. Untuk itu, kepedulian perusahaan ini juga dilaksanakan dalam rangka mendukung program pemerintah untuk menanggulangi dampak penyebaran Covid-19.

Sinergi program-program peningkatan ekonomi masyarakat dengan program rehabilitasi DAS diharapkan dapat mem-bantu meringankan beban ekonomi masya-rakat yang terdampak COVID-19. Selain itu, keterlibatan masyarakat di dalam program rehabilitasi DAS akan membantu tercipta-nya kemandirian masyarakat di kemudian hari. Di masa pandemi ini, kegiatan reha-bilitasi DAS dilkukan dengan memperhati-kan protokol kesehatan COVID-19 yang ditetapkan pemerintah.

Sejak bulan Juni 2016, Adaro telah melaku-kan kegiatan penanaman dalam rangka Rehabilitasi Daerah Sungai (DAS) di lahan kritis berbatu di Desa Kiram dan Desa Abirau Kecamatan Karang Intan Kabu-paten Banjar yang merupakan Kawasan Konservasi Taman Hutan Raya Sultan Adam. Pemilihan lokasi ini ditentukan oleh pemerintah melalui BPDAS HL Barito bekerjasama dengan pihak terkait serta ditetapkan oleh Dirjen PDASHL atas nama Menteri LHK. Tanaman yang dipilih adalah jenis tanaman produktif seperti Mahoni, Angsana, Karet, Nangka, Cempedak, Jengkol, Gaharu, Jambu Mente, Sonokeling.

IMA-Daily Update Page 25

President Director of PT Adaro Indonesia Garibaldi Thohir said that Adaro, as the holder of Borrowing and Use of Forest Areas Permit (IPPKH), carries out watershed rehabilitation activities on critical land on the principle that apart from providing ecological benefits it also improves the economy of the communities in its operational areas.

"In carrying out watershed rehabilitation, we involved more than 400 people consisting of the South Kalimantan Forestry Service, BPDAS HL Barito, TAHURA Sultan Adam and the active role of the local community both during planting preparation, making plant seeds, planting and maintaining plant activities and controlling forest and land fires (Dalkarhutla) in the form of the Fire Care Community (MPA)," said Garibaldi.

Adaro formed the Fire Concern Community Group (MPA) to carry out Forest and Land Fire Control (Dalkarhutla). The existence of this MPA is very important to protect the environment for the rehabilitation of Adaro's watershed and to increase awareness of forest fires that are rife, especially during the long dry season. Being part of the Adaro watershed project, the community who is used to gardening has gained insight and expertise in the correct procedures and Standard Operational Procedure (SOP) in planting.

Adaro's watershed rehabilitation program refers to Minister of Forestry Regulation number P.87/Mennhut-II/2014, the completion process of completing planting of 2,290.82 hectares divided into 2 years of planting, namely 2016 and 2017.

This DAS program faces many challenges in the field, including the low level of soil fertility and the social conditions of the community. Regarding soil conditions,...

Presiden Direktur PT Adaro Indonesia Garibaldi Thohir mengatakan Adaro, sebagai pemegang Izin Pinjam Pakai Kawasan Hutan (IPPKH), melaksanakan kegiatan rehabilitasi DAS di lahan kritis dengan prinsip selain memberikan manfaat ekologi juga mening-katkan ekonomi masyarakat di wilayah operasinya.

“Dalam melakukan Rehabilitasi DAS, kami melibatkan lebih dari 400 orang yang terdiri dari Dinas Kehutanan Kalimantan Selatan, BPDAS HL Barito, TAHURA Sultan Adam dan peran aktif masyarakat setempat baik saat persiapan penanaman, pembuatan bibit tanaman, kegiatan penanaman dan pemeliharaan tanaman serta Pengendalian Kebakaran Hutan dan Lahan (Dalkarhutla) berupa kelompok Masyarakat Peduli Api (MPA),” ucap Garibaldi.

Adaro membentuk Kelompok Masyarakat Peduli Api (MPA) untuk melaksanakan Pengendalian Kebakaran Hutan dan Lahan (Dalkarhutla). Keberadaan MPA ini sangat penting untuk menjaga lingkungan Rehabilitasi DAS Adaro dan meningkatkan kewaspadaan akan kebakaran hutan yang marak terjadi terutama di saat musim kering yang panjang. Menjadi bagian dari proyek DAS Adaro, masyarakat yang memang biasa berkebun ini mendapatkan peningkatan wawasan dan keahlian dalam hal tata cara maupun Standar Operational Procedure (SOP) yang benar dalam bertanam.

Program rehabilitasi DAS Adaro mengacu pada Peraturan Menteri Kehutanan nomor P.87/Mennhut-II/2014, proses penyelesaian menyelesaikan penanaman seluas 2,290.82 Ha terbagi dalam 2 tahun penanaman yaitu tahun 2016 dan 2017.

Program DAS ini cukup mendapatkan banyak tantangan di lapangan diantaranya, rendahnya tingkat kesuburan tanah dan kondisi sosial masyarakat. Terkait kondisi tanah,...

IMA-Daily Update Page 26

Regarding soil conditions, continuous plant maintenance efforts are made so that this challenge can be overcome. After being evaluated and declared successful, this plant will be handed over to the govern-ment. Plants whose growth reaches >75% are only ready to be handed over to the government. In the first phase, an area of 298.36 hectares will be handed over. Then the rest is continued with the plant maintenance stage, then the handover at the next stage will be carried out at the end of 2020.

For Adaro and all stakeholders, the success of this watershed rehabilitation is very important because it will further improve the function of the environment, especially improving the function of forests. In addition, plant assets in this watershed rehabilitation program can provide productivity effects for both IPPKH holders and stakeholders that can be used to improve the welfare of the communities around the watershed location.

Terkait kondisi tanah, dilakukan upaya perawatan tanaman yang terus-menerus sehingga tantangan ini dapat teratasi. Setelah dievaluasi dan dinyatakan sukses tanaman ini akan diserahterimakan kepada pemerintah. Tanaman yang pertumbuhan-nya mencapai >75% baru siap untuk di-serahterimakan kepada pemerintah. Dalam tahap pertama akan diserahterimakan seluas 298,36 Ha. Kemudian sisanya di-lanjutkan dengan tahap pemeliharaan tanaman, lalu serah terima pada tahap selanjutnya akan dilaksanakan di akhir tahun 2020.

Bagi Adaro maupun seluruh pemangku kepentingan, keberhasilan rehabilitas DAS ini sangat penting karena akan semakin meningkatkan fungsi lingkungan hidup terutama meningkatkan fungsi hutan. Selain itu, aset tanaman dalam program reha-bilitasi DAS ini dapat memberikan efek produktivitas baik pemegang IPPKH maupun pemangku kepentingan yang dapat digunakan untuk meningkatkan kesejah-teraan masyarakat di sekitar lokasi DAS.

Infrastructure Projects Start Running Again, Aluminum Prices

Raised Up Finna U. Ulfah

THE PRICE of aluminum managed to

follow the prices of other base metals to move higher as several infrastructure projects in several countries started to resume running after being stalled due to the Covid-19 pandemic.

Based on Bloomberg data, on Monday (7/9/2020) the price of aluminum on the London stock exchange was at the level of US$ 1,797.5 per ton, up 0.62 percent or 11 points. In mid-trading,...

Proyek Infrastruktur Mulai Kembali Berjalan, Harga

Aluminium Terkerek Finna U. Ulfah

HARGA aluminium berhasil mengekor harga

logam dasar lainnya untuk bergerak menguat seiring dengan beberapa proyek infra-struktur di beberapa negara mulai kembali berjalan setelah sempat terhenti akibat pandemi Covid-19.

Berdasarkan data Bloomberg, pada perda-gangan Senin (7/9/2020) harga aluminium di bursa London berada di level US$1.797,5 per ton, menguat 0,62 persen atau 11 poin. Pada pertengahan perdagangan,...

IMA-Daily Update Page 27

In mid-trading, the price touched the level of US$ 1,809 per ton. During the year 2020,

prices moved down 0.69 percent.

Meanwhile, the price of other base metals, copper managed to rise 1.18 percent or 79

points to US$ 6,789 per ton, zinc rose 1.07 percent to US$ 2,509.5 per ton, and tin rose

0.44 percent to US level. US$ 18,330 per tonne.

BMO analyst Timothy Wood-Dow said that not only China, but currently several

construction projects have started to run again so that consumers who have started

to dwindle reserves are starting to buy aluminum again.

Demand in Europe is slowly signaling recovery and in several other countries as

well, raising the prospect of increasing exports from the main aluminum producer,

China.

"Western countries are likely to buy from China and will charge a premium price and

that will attract the aluminum benchmark price in the market to move higher," Wood-

Dow said as quoted by Bloomberg, Tuesday (9/8/2020).

Meanwhile, China's exports rose for the third consecutive month in August as more

of the Panda Country's trading partners relaxed their lockdown policies due to the

Covid-19 pandemic and pushed further for recovery in the world's second-largest

economy.

The data boosted overall sentiment in the

industrial metals market, including aluminum.

On the other hand, China, which is also the

world's main consumer of base metals, is also boosting its economic growth through

reactivation of infrastructure projects.

Pada pertengahan perdagangan, harga sempat menyentuh level US$1.809 per ton. Sepanjang tahun berjalan 2020, harga bergerak melemah 0,69 persen.

Sementara itu, harga logam dasar lainnya, tembaga berhasil naik 1,18 persen atau 79 poin ke level US$6.789 per ton, seng naik 1,07 persen ke level US$2.509,5 per ton, dan timah naik 0,44 persen ke level US$18.330 per ton.

Analis BMO Timothy Wood-Dow mengata-kan bahwa tidak hanya China, saat ini beberapa proyek konstruksi sudah mulai kembali berjalan sehingga konsumen yang mulai berkurang cadangannya mulai kembali membeli aluminium.

Permintaan di Eropa secara perlahan memberikan sinyal pemulihan dan bebe-rapa negara lain juga demikian sehingga meningkatkan prospek peningkatan ekspor dari produsen utama aluminium, China.

“Negara-negara Barat tampaknya akan membeli dari China dan akan mengenakan harga premium dan itu akan menarik harga patokan aluminium di pasar ber-gerak lebih tinggi,” ujar Wood-Dow seperti dikutip dari Bloomberg, Selasa (8/9/2020).

Adapun, ekspor China naik untuk bulan ketiga berturut-turut pada Agustus karena lebih banyak mitra dagang Negeri Panda itu telah melonggarkan kebijakan lock-down akibat pandemi Covid-19 dan men-dorong lebih lanjut untuk pemulihan di ekonomi terbesar kedua di dunia itu.

Data tersebut meningkatkan sentimen secara keseluruhan di pasar logam industri, termasuk aluminium.

Di sisi lain, China yang juga merupakan konsumen utama logam dasar dunia juga tengah menggenjot pertumbuhan eko-nominya melalui pengaktifan kembali proyek-proyek infrastruktur.

IMA-Daily Update Page 28

Quoting Bloomberg, several local governments in China have again applied for loans to spend on infrastructure projects this year in order to drag their economy out of the slump caused by Covid-19.

Boosting economic growth through infrastructure projects is one of China's favorite steps when facing the financial crisis. Like last year, when its economy was hit by the issue of a trade war, China has spent a lot of money on road, airport and rail projects.

This initiative was successful in helping base metals including aluminum to get out of the red zone and eyeing a bullish trend. Moreover, the US dollar is currently experiencing a weakening trend which is also a positive catalyst for base metals.

The US dollar index, which measures the strength of the greenback in front of a basket of major currencies, is currently moving around the 93.285 level. Editor: Aprianto Cahyo Nugroho

Mengutip Bloomberg, beberapa pemerintah daerah di China kembali mengajuk an pinjaman untuk dibelanjakan pada proyek infrastruktur pada tahun ini agar dapat menyeret ekonominya keluar dari keme-rosotan yang disebabkan oleh Covid-19.

Penggenjotan pertumbuhan ekonomi melalui proyek infrastruktur adalah salah satu langkah favorit China saat menghadapi krisis keuangan. Seperti tahun lalu, saat ekonomi-nya diterpa isu perang dagang, China telah menghabiskan banyak uang di proyek jalan raya, bandara, dan kereta api.

Inisiatif yang dilakukan itu berhasil mem-bantu logam-logam dasar termasuk aluminium berhasil keluar dari jeratan zona merah dan mengincar tren pergerakan bullish. Apalagi dolar AS saat ini tengah mengalami tren pelemahan yang juga men-jadi katalis positif bagi logam dasar.

Indeks dolar AS yang mengukur kekuatan greenback di hadapan sekeranjang mata uang utama saat ini bergerak di kisaran level 93,285. Editor : Aprianto Cahyo Nugroho

Coal prices rise 1.8%, Eits, wait a minute, but there is! Tirta Citradi, CNBC Indonesia

COAL prices for actively transacted

contracts fell below US$ 50/ton. However, at the close of trading yesterday, the price

of the diamond reversed direction.

Tuesday (8/9/2020), the price of thermal coal for the Newcastle reference contract

rose 1.8% to US$ 50.8/ton from the previous closing position of US$ 49.9/ton.

Harga Batu Bara Naik 1,8%, Eits Tunggu Dulu Ada Tapinya!

Tirta Citradi, CNBC Indonesia

HARGA batu bara untuk kontrak yang aktif ditransaksikan sempat jatuh ke bawah US$ 50/ton. Namun pada penu-tupan perdagangan kemarin, harga batu legam berbalik arah.

Selasa (8/9/2020), harga batu bara termal untuk kontrak acuan Newcastle naik 1,8% ke US$ 50,8/ton dari posisi penutupan perdagangan sebelumnya yang berada di US$ 49,9/ton.

IMA-Daily Update Page 29

The soaring prices of Indonesia's and Australia's superior commodities do not necessarily reflect an improvement in demand. The price increase occurred because the price for the futures contract had broken the strong support level at US$ 50/ton so that the price started bouncing upwards.

It's just that the fundamentals of the coal market are still weak. This is evidenced by the sluggish demand in the Asian region for seaborne coal throughout this year.

Reuters reported China's coal imports fell to their lowest level in eight months to 20.66 million tonnes in August. According to customs data, import volumes were down 20.8% from July 26.1 million and 33% below the levels recorded in August last year.

The fall in August coal imports led to a drop in import growth of 0.2% (yoy) in the first eight months of this year from the same period in 2019.

The lack of growth in China's coal imports in the January to August period contrasts with an increase in crude oil imports by 12.1%, iron ore which is up 11.8%, and copper which is up by 34%.

The low coal imports that occurred in August are expected because market players have anticipated Beijing's unofficial efforts to limit imports to keep domestic prices in a price range that supports miners, but does not incur costs for power plants or industrial users, such as steel mills, to rise too high.

Based on data from Refinitiv Coal Flows, coal stocks at China's main port of Qinhuangdao began to decline in the last two weeks of August to 4.81 million tons until August 28, 2020.

Melesatnya harga komoditas unggulan RI dan Australia ini tak serta merta men-cerminkan adanya perbaikan permintaan. Kenaikan harga terjadi karena harga untuk kontrak futures-nya sudah menembus level support kuat di US$ 50/ton sehingga harga mulai memantul ke atas.

Hanya saja fundamental pasar batu bara masih lemah. Hal ini dibuktikan dengan demand di kawasan Asia terhadap batu bara lintas laut (seaborne) lesu di sepan-jang tahun ini.

Reuters melaporkan impor batu bara China turun ke level terendah dalam delapan bulan terakhir menjadi 20,66 juta ton pada Agustus. Menurut data bea cukai, volume impor turun 20,8% dari 26,1 juta Juli dan 33% di bawah level yang tercatat pada Agustus tahun lalu.

Anjloknya impor batu bara Agustus menyebabkan penurunan pertumbuhan impor sebesar 0,2% (yoy) dalam delapan bulan pertama tahun ini dari periode yang sama pada 2019.

Kurangnya pertumbuhan dalam impor batu bara China pada periode Januari hingga Agustus kontras dengan kenaikan impor minyak mentah sebesar 12,1%, bijih besi yang naik 11,8%, dan tembaga yang naik sebesar 34%.

Rendahnya impor batu bara yang terjadi pada bulan Agustus diperkirakan karena pelaku pasar telah mengantisipasi upaya tidak resmi Beijing untuk membatasi impor guna menjaga harga domestik pada kisaran harga yang mendukung penam-bang, tetapi tidak menimbulkan biaya bagi pembangkit listrik atau pengguna industri, seperti pabrik baja, naik terlalu tinggi.

Berdasarkan data Refinitiv Coal Flows, stok batu bara di pelabuhan utama China Qinhuangdao mulai turun dalam dua pekan terakhir bulan Agustus menjadi 4,81 juta ton hingga 28 Agustus 2020.

IMA-Daily Update Page 30

Although stocks have decreased, referring

to the Refinitiv Hidro Model data shows

that the use of coal as fuel for electricity

generation for August, September and

October will be largely replaced by hydro-

electric power.

Moreover, China's domestic coal price with

a calorific value of 5,500 Kcal/kg which fell

to RMB 555/ton or US$ 81.19/ton made

China likely to still implement its coal

import quota policy to boost domestic

demand.

China's domestic coal price has indeed

fallen. However, current prices are still in

the 'green zone' in the range of RMB 500 -

RMB 570 per tonne. The green zone is an

informal target term for the coal price

range set by the relevant authorities to

maintain the profitability of coal producers

and utility companies.

This decline in coal imports from China is

certainly a problem for major coal

exporters, such as Indonesia and Australia.

The decline in demand from the main

importer of China has made coal prices

bearish.

Total Asian coal imports from the seaborne

market have slumped this year amid the

economic impact of lockdowns in many

countries to tackle the novel coronavirus

pandemic that causes Covid-19.

In the first eight months of this year, Asian

seaborne coal imports reached 612.82

million tonnes, down 7.1% from the same

period last year when referring to ship and

port tracking data compiled by Refinitiv.

CNBC INDONESIA RESEARCH TEAM (twg/twg)

Meski stok mengalami penurunan, tetapi mengacu pada data Refinitiv Hidro Model menunjukkan bahwa penggunaan batu bara sebagai bahan bakar pembangkit listrik untuk bulan Agustus, September dan Oktober akan lebih banyak digantikan dengan pembangkit listrik tenaga air.

Lagi pula harga batu bara domestik China dengan nilai kalori 5.500 Kcal/kg yang turun ke RMB 555/ton atau US$ 81,19/ton membuat China kemungkinan besar masih akan menerapkan kebijakan kuota impor batu baranya untuk mendongkrak permin-taan domestik.

Harga batu bara domestik China memang turun. Namun harga saat ini masih berada di 'zona hijau' pada rentang RMB 500 - RMB 570 per ton. Zona hijau merupakan suatu istilah target informal rentang harga batu bara yang ditetapkan oleh otoritas terkait untuk menjaga profitabilitas produsen batu bara dan perusahaan utilitas.

Penurunan impor batu bara dari China ini tentu jadi masalah bagi eksportir batu bara utama, seperti Indonesia dan Australia. Penurunan permintaan dari importir utama China membuat harga batu bara menjadi bearish.

Total impor batu bara Asia dari pasar lintas laut telah merosot tahun ini di tengah dampak ekonomi dari lockdown di banyak negara untuk mengatasi pandemi virus corona baru penyebab Covid-19.

Dalam delapan bulan pertama tahun ini, impor batu bara seaborne Asia mencapai 612,82 juta ton, turun 7,1% dari periode yang sama tahun lalu apabila mengacu pada data pelacakan kapal dan pelabuhan yang dikumpulkan oleh Refinitiv. TIM RISET

CNBC INDONESIA (twg/twg)

IMA-Daily Update Page 31

Vale Indonesia delays smelter rebuild Craig Guthrie

PT VALE Indonesia has postponed to next year a US$90 million upgrade of its Sorowako

nickel smelter in South Sulawesi due to COVID-19 related logistical issues.

The Sorowako upgrade, which has been planned since 2017 and was due to take five months, will now proceed in May 2021, Vale Indonesia finance director Bernardus Irmanto told a

virtual shareholders' meeting.

A stabilisation of the market next year will enable the company to make regulatory and

investment progress on that expansion and on two new smelter projects on Sulawesi island, added Irmanto.

The company is reportedly in talks with Chinese investors over the development of the ferronickel Bahodopi smelter, and with Japan's Sumitomo Metal over the High Pressure Acid

Leaching (HPAL) Pomalaa smelter.

PT Vale Indonesia will make final investment decisions in 2021 for these two new projects,

which are currently still at the feasibility study stage, said Irmanto.

Vale Indonesia operates the world's largest integrated laterite nickel mining and processing

operation in Sorowako, located around 600 kilometers north of Makassar City, the provincial capital.

Indonesia, India work to develop underground coal gasification technology

THE INDONESIAN Ministry of Energy and Mineral Resources and the Indian Ministry of Coal are working together to develop and test the underground coal gasification (UCG) technology in two locations in India’s West Bengal and Rahihajit regions.

Technology Director at the Indian ministry Peeyush Kumar said the implementation of UCG technology is expected to help increase energy availability, conserve natural resources and reduce energy costs.

This technology is considered suitable for application in Indonesia and India. Moreover, the two countries have similarities in the proportion of fossil energy reserves, namely having coal reserves far greater than oil and gas reserves.

In detail, this technology will extract and convert coal below the surface into synthesis gas (syngas) in an on-site manner.

IMA-Daily Update Page 32

Besides being able to be used as fuel for power plants, this unconventional technology also produces syngas for various purposes such as petrochemical and chemical industries, Kumar noted, adding that UCG syngas production costs are cheaper than LNG imports.

Copper price drops despite 65% surge in China imports Frik Els

COPPER prices pulled back sharply on Monday despite near-record level Chinese imports

and dwindling global inventories of the metal.

Copper for delivery in September trading in New York briefly dipped below the $3.00 a pound

($6,600 a tonne) in afternoon trade, declining 2% from the more than two-year high struck on Friday.

Customs data released on Monday showed China’s unwrought copper imports (anodes and cathodes) in August declined to 668,486 tonnes from July’s record haul of 762,211 tonnes,

but still up 65% from August last year.

Year to date imports now total 4.27m tonnes, up 38% from 2019 and on track to easily beat 2018’s annual record of 5.3m tonnes.

August imports of copper concentrate fell by more than 12% from the same month last year

to 1.59m tonnes, on lingering supply disruptions from Peru and Chile, China’s top suppliers.

IMA-Daily Update Page 33

Arbitrage window closed

Copper traded in London could be picked up at a steep discount to Shanghai prices earlier this year, incentivizing imports, but that arbitrage opportunity no longer exists thanks to a 50% rally in the LME price from its March lows.

China copper demand analyst He Tianyu at CRU Group told Reuters given that imports “are still higher year-on-year, and last month’s base number is already pretty high. If the arbitrage window opens again, imports could increase again.”

Recovering Chinese steel output is boosting zinc price over short term By: Marleny Arnoldi, Creamer Media Online Writer

ON THE back of a stronger-than-expected rebound in economic growth in China, research

agency Fitch Solutions Macro Research has revised upward its zinc price forecast for the year. Initially, the agency anticipated a $2 100/t zinc price, but has revised it to $2 200/t, compared with a zinc price of $2 507/t at the end of 2019.

Zinc prices had fallen by 17.3% on average over the first three months of this year, but have since recovered to post new highs for the year, at a current price of about $2 483/t.

The agency expects the price of zinc to gradually drop further every year to $2 000/t by 2024.

Fitch Solutions says a rapid recovery in steel production and, therefore, zinc consumption in China will buoy zinc prices over the remainder of the year and into 2021.

However, sustained market oversupply will drag zinc prices lower in coming years.

Fitch Solutions explains that this structural decline will be driven by sluggish growth in global steel production, as galvanising steel is the primary use of zinc. “We forecast that, after a rebound in 2021, annual steel production growth will steadily slow down in the coming years due to declining capacity increases in China and Europe.

“In China, escalating environmental restrictions on producers and weakening demand growth from the construction sector will cap steel production growth rates, while European producers will cut production in the face of low steel prices.”

The agency adds that, given this weakening backdrop, it forecasts global zinc consumption growth to slow from an average of 2.2% year-on-year over 2010 to 2019 to an average of 1.1% year-on-year growth over 2020 to 2029.

The slowdown in consumption growth will keep the market in surplus over the coming years.

Fitch Solutions maintains a real gross domestic growth forecast of 2.2% this year for China, unless there is a pronounced second wave of Covid-19 with more lockdown measures.

IMA-Daily Update Page 34

Mongolia increases coal exports

STATISTICS released by the Mongolian Customs General Administration shows that

Mongolia’s coal export increased significantly last month, Montsame reported.

The number of coal freight trucks crossing Gashuunsukhait, Shiveekhuren, Yarant and Khangi border checkpoints have reached pre-coronavirus level.

In the first eight months of 2020, export of coal made up 26 percent of Mongolia’s total export.

More specifically, 15.2 million tons of coal worth USD 1.16 billion were exported in the given period, of which 3.6 million tons were exported in August.

The figure shows that the coal export in August increased by nearly two times compared to July.

Vietnam to rely on coal for decades to come By Anh Minh, Dat Nguyen

COAL-fired power will remain a key energy source for Vietnam for several decades to come

despite the boost in renewables, senior officials say.

Without coal-fired power, Vietnam will have to confront energy insecurity, Deputy National Assembly Chairman Phung Quoc Hien said Monday at a meeting between the parliamentary Economic Committee and Minister of Industry and Trade Tran Tuan Anh.

Amidst the boom in renewable energy production including solar and wind power in recent years, many localities have stopped accepting new coal power projects, which has led to a power supply shortage, Hien said.

Renewable energy, which includes solar power, wind power and small hydropower plants, accounted for 15.8 percent of Vietnam's energy supply last year, compared to coal-fired power at 36.1 percent and hydropower 30.8 percent, according to the Vietnam Energy Association (VEA).

Vietnam needs to ensure power security in the upcoming years, and coal power will still play a major role in achieving that goal, he added.

Minister Anh said in concurrence that coal power will still account for 36-37 percent of total power supply in the new energy development plan that the ministry is drafting for the 2021-2030 period.

"Coal energy is not a sinner that must be abandoned," he said.

IMA-Daily Update Page 35

A report prepared by the ministry shows that Vietnam’s power supply growth in the last five years has slowed down to an annual average of around 8 percent, compared to 13 percent in the 2011-2015 period.

Between the two periods, hydropower supply growth slowed from 15 percent to 5 percent, and that of thermal power (mostly coal-fired) down from 27 percent to 10 percent, it says.

Construction of coal-fired power plants has only met 60 percent of target for the 2016-2020 period. Ten major coal-fired power projects with a total capacity of 7,000 MW were scheduled to operate in this period, but all of them will fail to meet the deadline this year, it says.

With power demand set to increase 8 percent annually in the 2021-2030 period, the delays of new coal-fired projects will pose challenges to ensuring sufficient power supply in the next five years, the report stresses.

Minister Anh said that to ensure power security, the ministry will work to complete the development of existing coal-fired projects that have been delayed in recent years.

Top coal-producing area in U.S. on pace for record low year

THE UNITED States’ largest coal-producing region, the Powder River Basin in Wyoming, is

on pace to produce less than 200 million tons of coal (181 million metric tons) for the first time in three decades, The Gillette News Record reported.

The Powder River Basin has experienced a nearly 25% decrease in production from this time in 2019, according to the Energy Information Association. Last year, the U.S. produced its lowest amount of coal since 1975.

So far this year, 568 jobs have been lost in the basin, or over 12% of the workforce.

Rob Godby, director of the Center for Energy Economics and Public Policy at the University of Wyoming, said lower natural gas prices and the coronavirus pandemic are to blame for the decline in coal production.

The coronavirus pandemic in particular has exacerbated a trend of declining demand for coal, Godby said. Public health restrictions and economic concerns from the pandemic have reduced the demand in electricity, which in turn has reduced the demand for coal.

Travis Deti, executive director for the Wyoming Mining Association, adds that the emergence of renewable energies has aided a decline in coal production.

Roughly 10% of jobs in the Powder River Basin depend on coal.