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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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Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
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- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
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