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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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Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...
Friday, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
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- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Marubeni Corporation - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
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