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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, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.
The BDI was dow ...
Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...
Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...
Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association.
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- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Australian Coal Association
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Marubeni Corporation - India
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