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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, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...
Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country.
&q ...
Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...
Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...
Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported 1.3 million tons of non - Coking coal and 468,229 Mt of coking coal for the period 16 - 22 August 2010 ...
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- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
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