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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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
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- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- White Energy Company Limited
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Lanco Infratech Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
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