ESDM: Indonesia okays 100% of RKAB for first-generation coal mine investors

Indonesia's Ministry of Energy and Mineral Resources (ESDM) has confirmed that first-generation Coal Mining Concession Agreement (PKP2B) holders will not face production quota cuts under the 2026 Work Plan and Budget (RKAB), Bloomberg reported on February 10, citing an ESDM official.

PKP2B refers to the initial wave of contracts signed in the early 1980s that allowed foreign investment in Indonesia's coal sector. First-generation PKP2B holders include leading companies such as PT Arutmin Indonesia, PT Kaltim Prima Coal (KPC), PT Adaro Andalan Indonesia (AADI), PT Kideco Jaya Agung, PT Multi Harapan