489 million tonnes
planned production of coal in 2017 and will be 18 percent above the government-mandated target, according to energy ministry forecasts. It's also up from last year’s output estimated at 434 million tonnes and would be at least the third year in a row that the nation has produced more than it planned.
of supply this year's forecast is to be consumed domestically, up from 21 percent in 2016 and 19 percent in 2015, according to energy ministry estimates.
is likely to be exported with China, India, South Korea, and Japan among its biggest customers.
Increase in coal prices in 2016 after tumbling to the lowest in almost a decade as efforts by China to reduce excess supply pushed prices higher and faster than anyone anticipated.
Surge in the gauge of Indonesian mining companies in 2016, dwarfing the 15 percent advance in the Jakarta Composite index. The gauge slumped 41 percent in 2015, its worst year since 2008.