Open AccessAn Analysis of Coal Post-Mining Land for Agricultivation Uses (A Case Study on PT ABK in Kutai Kartanegara District, East Kalimantan Province)
Author(s) -
Ansahar,
Santun R.P. Sitorus,
Hartrisari Hardjomidjojo,
Eka Intan Kumala Putri
Publication year - 2022
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/950/1/012047
Subject(s) - net present value , coal mining , benefit–cost ratio , internal rate of return , livelihood , coal , geography , environmental science , mining engineering , water resource management , agricultural science , agriculture , engineering , production (economics) , economics , archaeology , macroeconomics
The characteristics of coal surface mining activity are vulnerable to environmental degradation due to soil excavation, although only causing a lower risk in worker’s incidence and economically beneficial as requiring a lower cost than the underground mining method. This study aimed to analyze the types of post-mining land use worth developing for the local community’s livelihood around the post-mining land on the concession of PT Anugerah Bara Kaltim (ABK) in Kutai Kertanegara District, Kalimantan Timur Province. The method used was a cost-benefit analysis (CBA). The analysis results indicate that the pepper plant cultivation on the post-mining land within six years produces Net Present Value (NPV) at Rp 49,484,637.00, Benefit/Cost (B/C) Ratio at 1.347, Net B/C Ratio at 2.56, and Internal Rate Return (IRR) at 39.20%. Meanwhile, rice plant cultivation stimulated within six years produces NPV at Rp 8,653,754.00, B/C Ratio at 1.035, Net B/C ratio at 1.3871, IRR at 8,50%. The economic analysis results based on all indicators: NPV, B/C, net B/C, and IRR, demonstrate that the pepper and rice plant cultivation activities are feasible in the coal post-mining land.