HMA for 20 Forms of Metal Mineral and HBA for Three Types of Coal Issued for April 2023

  • The Minister of Energy and Mineral Resources ("Minister") has set applicable references prices for metal minerals (harga mineral logam acuan – "HMA") and references prices for coal (harga batubara acuan – "HBA")  for the April 2023 period through the issuance of Decree No. 71.K/MB.01/MEM.B/2023 ("Decree 71/2023"), which has been in force since 17 April 2023.
  • As detailed under Appendix I to Decree 71/2023, the applicable HMA should be utilized as a reference during calculations of applicable metal mineral benchmark prices (harga patokan mineral logam/HPM) for April 2023. In this regard, the HMA applies to 20 types of metal mineral commodities, including: 1) Nickel (US$ 24,227/DMT); 2) Cobalt (US$ 33,981.75/DMT); 3) Lead (US$ 2,096.20/DMT); 4) Zinc (US$ 3,014.45/DMT); and 5) Aluminum (US$ 2,813.80/DMT).
  • Meanwhile, the applicable HBA are comprehensively detailed under Appendix II to Decree 71/2023. Said reference prices should be utilized as a reference during calculations of applicable coal benchmark prices (harga patokan batubara/HPB) for April 2023. The applicable HBA for the abovementioned coal commodities break down as follows: 1) Coal (with 6,322 Gross as Received ["GAR"]): US$ 265.26/ton; 2) Coal II (with 5,200 GAR): US$ 102.53/ton; and 3) Coal III (with 4,200 GAR): US$ 87.81/ton.
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  • The Minister of Energy and Mineral Resources ("Minister") has set applicable references prices for metal minerals (harga mineral logam acuan – "HMA") and references prices for coal (harga batubara acuan – "HBA")  for the April 2023 period through the issuance of Decree No. 71.K/MB.01/MEM.B/2023 ("Decree 71/2023"), which has been in force since 17 April 2023.
  • As detailed under Appendix I to Decree 71/2023, the applicable HMA should be utilized as a reference during calculations of applicable metal mineral benchmark prices (harga patokan mineral logam/HPM) for April 2023. In this regard, the HMA applies to 20 types of metal mineral commodities, including: 1) Nickel (US$ 24,227/DMT); 2) Cobalt (US$ 33,981.75/DMT); 3) Lead (US$ 2,096.20/DMT); 4) Zinc (US$ 3,014.45/DMT); and 5) Aluminum (US$ 2,813.80/DMT).
  • Meanwhile, the applicable HBA are comprehensively detailed under Appendix II to Decree 71/2023. Said reference prices should be utilized as a reference during calculations of applicable coal benchmark prices (harga patokan batubara/HPB) for April 2023. The applicable HBA for the abovementioned coal commodities break down as follows: 1) Coal (with 6,322 Gross as Received ["GAR"]): US$ 265.26/ton; 2) Coal II (with 5,200 GAR): US$ 102.53/ton; and 3) Coal III (with 4,200 GAR): US$ 87.81/ton.
......

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