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Wednesday, 05 October 11
MINISTRY STICKING TO RAW COMMODITY EXPORT BAN DESPITE INDUSTRY FEARS - JG
The Jakarta Globe, the one of the leading English news paper in Indonesia, reported that, the details of a controversial new regulation that would ban the export of raw commodities from 2014 are set to be released later this year.
“Our target is to issue a ministerial regulation by the end of this year,” said Thamrin Sihite, director general of minerals and coal at the Energy Ministry.
“We are holding discussions with businesses and business associations this month. After that, we will hold a large-scale group discussion before posting the ministerial regulation,’’ Thamrin said .
The government is drafting a regulation that would require all miners to process raw commodities, ranging from precious metals such as gold to base metals such as tin, before being shipped overseas.
The regulation is designed to boost the downstream mineral processing industry, preventing the nation from merely being a quarry for other economies by forcing companies to build smelters and processing facilities.
Some of the world’s biggest miners operate in Indonesia. Among them are Freeport McMoRan in Papua and BHP Billiton in Kalimantan.
The regulation would set minimum standards for the quality of coal exported, Thamrin said. The regulation would require coal to be of an energy density of at least 5,700 kilocalories per kilogram.
“The quality of coal below that ceiling should be discussed further,’’ Thamrin said.
The official said several miners, including Aneka Tambang, agreed with the regulation.
However, Supriatna Suhala, executive director of the Indonesian Coal Mining Association (APBI), said several coal miners opposed the plan. Those miners say building a smelter or other facilities would require costly investments in technology.
Arutmin Indonesia, a subsidiary of coal miner Bumi Resources, and Japanese steel manufacturer Kobe Steel are jointly constructing a smelter that will transform brown coal into higher-quality coal.
Dileep Srivastava, a director at Bumi Resources, said in July that the company would build a smelter for $150 million.
The smelter is expected to process one million tons of low-grade coal — which has a high moisture content — into higher-grade coal each year.
Aneka Tambang has teamed up with French mining group Eramet and Japan’s Mitsubishi Corporation to construct a $4.6 billion smelter servicing the Weda Bay Nickel project in Maluku.
Source: The Jakarta Globe (By-Ririn Radiawati Kusuma)
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Wednesday, 21 October 20
INDIA: THE COMMERCIALISATION OF COAL BLOCKS WILL BENEFIT THE ECONOMY - HINDU BUSINESS LINE
As the government of India receives 76 bids for 23 coal mines against the 38 up on auction, what does this commercialisation of coal block allocati ...
Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...
Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.
The index, released by China ...
Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...
Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...
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- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Planning Commission, India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
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