Chairman of the Indonesian Coal Mining Association (APBI-ICMA) Priyadi admitted that he is optimistic about the prospect of coal mining in the midst of global economic turmoil.

To note, the current price of barta stone continues to soar amid the sentiment of the United States which has been hit by a recession and the geopolitical conflict between Russia and Ukraine that has not subsided.

Pajadi admitted that the prospect of coal in the future is still very good because whether or not there is war, coal as an energy source is still very much needed.

"Actually there is or there is no war, energy is definitely needed. And for now coal is one of the very cheap energies in the world," he said in the Mining Zone quoted on Thursday, August 15.

For this reason, Proyadi firmly stated that he was optimistic that the prospect of coal in 2024 would still be good. Moreover, he said, the turmoil that exists is not the first time this has happened so that APBI-ICMA members are believed to have prepared to face the challenges of the coal industry.

"I believe that in particular the price of coal still provides good prospects for our industry," added two.

For this reason, he hopes that in the future the price of coal can remain consistent so that mining engineers can make definite plans related to the coal mining business.

"So certainty is needed, both price certainty, regulatory certainty, tax certainty and as a very necessary so that we can predict and carry out longterm and Tidan planning changes," he explained.

Apart from that, continued Priyadi, coal is a dug material that can run out and cannot be replaced so that it can be used efficiently and sustainably.

"Coal is still relied on as a source of energy and source of state foreign exchange," concluded Priyadi.


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