Could Indonesia deplete its coal reserves by 2033?

Last Modified: Tue Mar 08 2016 07:32:27 GMT+0530 (India Standard Time)
  • 25
    coal mining companies representing around 80 percent of Indonesia's output were surveyed by PwC .
  • 60%
    decline in Coal miners' profitability in 2014 from 2011.
  • 80%
    drop in spending in 2015 from 2012 levels due to declining profits. This has resulted in reduction in exploration of new mines and rejection of mines with dirtier coal.
  • 32.3 billion
    tonnes of coal reserves were identified by Indonesia in 2014.
  • 8.3 billion
    tonnes of coal reserves that mining companies consider as economically retrievable due to declining profitability and inability to spend more on cleaning dirtier coal.
  • 2033
    year by when the 8.3 billion tonnes of economically retrievable coal reserves will be depleted based on current demand, if no new reserves are identified.