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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban ex ...
Friday, 22 January 10
MERCATOR EYES MORE COAL MINES IN INDONESIA
India’s second-largest private shipping company Mercator Lines is looking at acquiring more coal mines in Indonesia as part of its strategy&nb ...
Friday, 22 January 10
BHAKTI ENERGI IN TALKS OVER COAL VENTURES IN KALIMANTAN
PT Bhakti Energi Persada, one of Indonesia’s biggest miners of brown coal, revealed on Thursday that it was in talks to form a joint venture w ...
Friday, 22 January 10
SHENHUA ENERGY 09 YIELDED 210MN TONS COMMODITY COAL
China Shenhua Energy Co., Ltd. yielded 210 million tons of commodity coal in 2009, hiking 13.2% year on year, the Chinese energy titan announced tod ...
Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 1 ...
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- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
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- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
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- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
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- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
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- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
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- Metalloyd Limited - United Kingdom
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- Merrill Lynch Commodities Europe
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- Economic Council, Georgia
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- Energy Development Corp, Philippines
- McConnell Dowell - Australia
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- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
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- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
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- Miang Besar Coal Terminal - Indonesia
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- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
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- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
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- SMC Global Power, Philippines
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- Orica Australia Pty. Ltd.
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- Thiess Contractors Indonesia
- Minerals Council of Australia
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- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
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- Thai Mozambique Logistica
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
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