Insight

Indonesia Coal Production Reached Record High

market-avatar

Algo Research Team


The content provided here is for informational purpose only. It is not an advise or recommendation. Please do your own research.
content-img

Key Summary:


  • 2024 total coal production grew +7.9% YoY
  • Domestic demand is the main growth driver
  • Emission pledges are expensive for consumers

The total 2024 coal production in Indonesia was recorded at 831.6 million tons, an increase of +7.9% from 770.9 million tons produced in 2023 driven by domestic demand and exports.


See the numbers: According to the Ministry of Energy and Mineral Resources (ESDM), the total coal output in 2024 exceeded the government target by 17%.


How was our research?


DISCLAIMER: Algo is an independent research platform and is not affiliated with any financial institution. We are not a licensed securities dealer, financial advisor, broker, or investment bank. The contents shared across our website, and social media platforms are intended for informational purposes only and reflect our views and opinions. It is not meant to be construed as financial advice and/or a recommendation to buy or sell an asset. Past performance does not guarantee future results. As a research platform, our contents are made to provide data-driven information and research-based articles, and should not be used as a basis for making any investment decisions. We strongly encourage you to conduct your own research and consult with a licensed financial advisor before making any investment decisions. Algo is not regulated by OJK (Otoritas Jasa Keuangan) and does not provide any investment services. We are not responsible for any financial decisions you make based on the information provided. All content is presented with the intent of informing only.