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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, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
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- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
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