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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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Friday, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
Friday, 19 August 11
INDIA IMPORTS LESS INDONESIAN COAL THAN CHINA IN JULY
COALspot.com - Indonesia shipped 31.30 Million tons of coal in July 2011, up by 10.69 percent compared to June's export of about 28.27 ...
Thursday, 18 August 11
INDONESIAS PROPOSED LOW GRADE COAL EXPORT BAN WILL NOT HAVE A SIGNIFICANT IMPACT ON INDIA - MISWIN MAHESH
COALspot.com - The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by Jan ...
Thursday, 18 August 11
MARUBENI ACQUIRED 42.86% OF YTL JAWA POWER
COALspot.com - Marubeni Corporation (Marubeni) has completed the acquisition of 42.86 percent of the shares of YTL Jawa Power Holdings BV from YTL P ...
Wednesday, 17 August 11
CME LAUNCHES ARGUS COKING COAL SWAP FUTURES
COALspot.com - Argus media reported that, leading exchange CME Group will list an Australian coking coal swap futures contract for trading on the Ny ...
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- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- White Energy Company Limited
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Marubeni Corporation - India
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