Updated Coal Sale Price Introduced to Meet Domestic Need for Raw Materials and Industrial Coal

In order to fulfill the need for coal as a raw material or as an industrial fuel (collectively referred to as “Industrial Materials”) for use by domestic industry, the Minister of Energy and Mineral Resources (“Minister”) has issued Decree No. 58.K/HK.02/MEM.B/2022 on the Sales Price of Coal to Fulfil the Domestic Need for Raw Materials/Industrial Fuel (“Decree 58/2022”), which updates provisions which addressed the sales price of coal to meet the domestic requirement for Industrial Materials, as previously addressed under the now-repealed Decree No. 206.K/HK.02/MEM.B/2021 (“Decree 206/2021”).[1]