Indonesian Miners Halt Spot Coal Exports Amid Proposed Production Cuts Impacting Asian Buyers
Indonesian miners have ceased spot coal exports following a government proposal to significantly reduce production quotas. The proposed cuts, which range from 40% to 70% below 2025 levels, aim to decrease overall production by nearly a quarter to boost coal prices. This decision has left Asian buyers, particularly in China and India, struggling to secure coal supplies from Indonesia, the world's largest coal exporter. The Indonesian Coal Mining Association has expressed opposition to the government's plan, citing potential layoffs and mine closures. While long-term contracts are still being honored, some miners are contemplating cancellations due to unforeseen circumstances. The proposal is part of Indonesia's strategy to increase government revenues amid declining demand from major buyers. In 2025, Indonesia accounted for half of the global electricity-grade coal exports, and the proposed cuts could reduce production to about 600 million tons. 
