Indonesia is set to surpass its 2023 sales after forecasted shipments for January and February 2024 soared by almost 25% in comparison to the same months in 2023. The country, which is the largest exporter of thermal coal globally, is expected to record more than 90 million metric tons of thermal and thermal bituminous coal sales in the first two months of this year.

Last year, total exports from Indonesia surpassed 504 million tons. This has many expecting that exports this year will go even higher. The top markets for…

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