Indonesia seeks investment for clean coal downstreaming industry

Indonesia through its Ministry of Energy and Mineral Resources said on Wednesday that it is currently seeking investors to develop a clean coal downstream industry to meet its decarbonization target.

The ministry's Head of the Center for Mineral and Coal Testing Yose Rizal said in a statement that the government is still conducting a study process about clean coal, particularly through coal liquefaction, to ensure that coal, the mineral commodity that produces a lot of emissions, could be processed to have added value whilst reducing its emission gas.

"The problem is that we are still struggling with the investment. And we also still wait and see about the prices of clean coal in the market. However, with technology, we can assure that we have the capacity and capability," Rizal said.

Previously, Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said the government continued to support coal as one of the country's main commodities. He said the government had tried to attract partners, including China, to develop and help create added value for Indonesia's coal in the form of derivative products, such as coal liquefaction.