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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...
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- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- The University of Queensland
- Australian Coal Association
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
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