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Sunday, 06 May 12
EXPORT DUTY ON MINERAL FINALLY TO BECOME EFFECTIVE NEXT WEEK
.jpg) COALspot.com - Mineral ore exporters of Indonesia ( only IUP holders) are required to obtain recommendation letter from the energy and mineral resources ministry before being able to export metal ore starting from 7th May 2012 until 12 January 2014.
By 12 January 2014, all mineral ore and unprocessed coal exports will be stopped.
According to a notice published on directorate general of mineral and coal’s website, the recommendation will only be granted to companies, if the companies fulfill certain requirements, such as IUP status must be clean and clear, the company have paid all their tax and non-tax financial obligations, and they must submit a comprehensive proposal on whether they want to build their own smelters, establish a consortium with other companies to jointly build smelters, or sell their raw materials to smelting companies in the country.
Companies must also require to sign integrity pacts with the government undertaking they will stop exporting raw materials in 2014 as mandated by the Minerals and Coal Law. A 20-percent export duty on 14 mineral commodities (antimony, bauxite, chromium, copper, gold, iron ore, iron sand, lead, manganese, molybdenum, nickel, platinum, silver and tin ) will be imposed from 7th May 2012.
In the meantime, the energy and mineral resources ministry’s director general for minerals and coal, revealed the export tax and the requirements would apply only to IUP holders and not for contract of work (CoW) holders.
The government was silent on coal either export duty or export ban. Previously government was planning to introduce a ban on low calorific value coal or unprocessed coal by 2014, and finance ministry of Indonesia is expected to issue a regulation to impose export duty. A official from directorate general of mineral and coal previously revealed that, the export duty will be around 25 percent in 2012 and 50 percent in 2013.
However instead of proposed 25 percent export duty on mineral in 2012, now government is introduced only 20 percent duty and coal exempted temporary from any export duty.
If export duty on coal introduced and implemented, it will be applicable only for IUP holders and not for CCoW holders. According to market sources, CCoW holders are holding at least 70-80 percent of Indonesian coal production and exports.
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Monday, 28 September 20
NEW LNG PROJECTS - ALL DRESSED UP AND NO PLACE TO GO - WOOD MACKENZIE
It was meant to be another boom year. After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, at least as much capacity was lined up fo ...
Thursday, 24 September 20
SUPRAMAX: INDO TO INDIA FIXING AROUND US$13,000 - FEARNLEYS
Cape
Over the last week the iron ore segment from Brazil to China has picked up, and we see freight rates up USD 2 (12%) week on week Fearnleys ...
Thursday, 24 September 20
KOREA MIDLAND POWER TO BUY 1.92 MILLION TONS OF 4,300-4,700 NCV COAL FOR THREE YEARS
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 640,000 MT 4,300-4,700 kcal/kg NCV coal per year.
...
Wednesday, 23 September 20
VIETNAM'S NEW POWER DEVELOPMENT PLAN MUST OPTIMIZE RENEWABLES AND AVOID FOSSIL FUEL LOCK-IN: IEEFA
EVN’s financial constraints leaves the utility with little room for error
Implementing Vietnam’s soon-to-be-launched next Power De ...
Wednesday, 23 September 20
MARKET INSIGHT - INTERMODAL
Undoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to severely affect and shape our day to day p ...
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Showing 776 to 780 news of total 6871 |
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- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Deloitte Consulting - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- White Energy Company Limited
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
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