Indonesia’s Largest Coal Miners Spared From Output Cuts

Some of Indonesia’s biggest coal miners have been spared from cuts to production quotas set by the government, leaving much of the burden to fall on smaller firms.

PT Bumi Resources, PT Adaro Andalan Indonesia and PT Indika Energy have all received their full requests for coal-mining quota this year, totaling about 170 million tons, according to people familiar with the matter who asked not to be named disclosing private information. The companies hold special mining contracts, known as IUPKs, which pay higher royalties to the government.