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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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Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
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- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- PTC India Limited - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
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