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Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
 The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining projects, a business association says, as reported by The Jakarta Post.
“The development of new mining projects might be delayed due to the moratorium. Mining projects such as BHP’s project in Maruwai could be affected,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (ICMA), told reporters Wednesday.
BHP Billiton, the world’s largest mining company, and local partner PT Adaro Energy are developing the Maruwai coal project in East and Central Kalimantan and waiting for forest land-use permits from the government. BHP said their concession held 774 million tons of undeveloped metallurgical and thermal coal.
Supriatna added that the moratorium might also affect the existing companies who need to expand their concessions. “There are some companies whose forest land-use permits will expire within two years. They may have to stop operating,” he added.
The moratorium was still under discussion and the association had submitted their views to the Forestry Ministry, Supriatna added.
In late May, the government signed an agreement with Norway to implement a two-year moratorium on forest conversions to reduce carbon emissions.
In exchange, Indonesia will receive a US$1 billion grant to reduce deforestation.
The government is preparing a presidential decree to implement the agreement.
Indonesia Mining Association (IMA) executive director Priyo Pribadi Soemarno said he was more concerned about the draft presidential decree draft than the agreement with Norway .
“The agreement only says the moratorium is aimed at reducing emission by halting forest use permits for natural forests and peat forests. We fully support this as most mining operations in Indonesia are outside natural forests and peatlands,” Priyo said.
He added that the draft raised more concerns as there was an article stating that the government would review previously-granted concessions.
“This reflects an effort to withdraw what has been given and this will have a bad effect on investment,” Priyo said.
Even without the moratorium, many mining projects, such as the $500 million zinc and black tin project by Dairy Prima and the Elang copper project by PT Newmont Nusa Tenggara, have been in limbo for years due to permit problems, he said.
Both projects are stuck because the permits have not been granted yet by the government.
Priyo said that eight projects were in a similar situation.
“Around $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...
Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...
Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said.
Due to Ram ...
Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat
COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...
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- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
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