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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
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- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
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