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Brief
On Saturday, May 3, 2025, the Ministry of Energy and Mineral Resources (ESDM) issued an update regarding the HBA for the first period of May 2025. The government set the Harga Batubara Acuan (HBA) for penjualan batubara at USD121,15 per ton on a Free on Board (FOB Vessel) basis, a slight increase from the previous period of USD120,20 per ton, with a rise of 0.79% compared to the HBA Period Two April 2025.
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