The company and Indonesian energy and mineral resources ministry could not be reached for comment.

China's raw coal output rose 2 percent year on year to 380 million tonnes in August, official data showed.

Indonesia will revise its green taxonomy to facilitate funding for the early retirement of coal-fired power plants, according to domestic financial services authority (OJK).

Queensland Treasurer Cameron Dick has warned BHP that he may cancel the major miner’s leases in the state unless the company backtracks on its decision to pause new investments.

These sites are projected to reduce CO2 emissions per metric ton of raw coal by over 20 percent compared to 2020 levels, and achieve net-zero emissions by 2030.

The Vietnamese government sees the country's coal imports steadily rising over the next decade before peaking at around 85mn t in 2035, led by demand from utilities.

JSW Steel is on the lookout for coal assets globally as the tycoon Sajjan Jindal-led mill seeks to tie up raw material supplies for its expansions in India.

Australian producer Whitehaven Coal expects the federal government's carbon-mitigation safeguard mechanism to cost the firm around A$1/t ($0.68/t) in 2023-24.