Indonesia's mining giants race to adapt as investors cool on coal

PTBA and Bumi bet on gasification tech to meet global demand for cleaner fuels

20210129 INDONESIA ADARO coal mines

Indonesia is the world’s largest coal exporter, supplying 455 million metric tons, or 31.7% of the world’s exports, in 2019. © Reuters

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- Indonesia's mining giants are piling into coal gasification projects as the country's biggest export markets and global investors move toward a carbon-neutral future.

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