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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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Tuesday, 22 December 09
NEWCASTLE COAL SHIP QUEUE LONGEST IN TWO YEARS AS EXPORTS SLOW
Bloomberg reported that, the queue of coal ships waiting at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, ...
Monday, 21 December 09
INDONESIA HAS EXPORTED AROUND 195.303 MILLION TONS OF COAL TILL END OF NOVEMBER 2009
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in November 2009, by taking 28.69% of total exported quan ...
Monday, 21 December 09
RUSSIAN COAL MINER SUEK EYES '10 LONDON IPO
* Company valued at around $8-$9 bln - banking source
* IPO could take place in H1 - source
* May list 25 pct of share capital - report
Reuters ...
Monday, 21 December 09
IGCC OUTLOOK CHINA 2010 TO BE HELD IN APRIL 2010 IN SHANGHAI
COALspot.com (China): Press Release - Aiming at unveiling the growth area of IGCC polygeneration, IGCC Outlook China 2010 is planned to be hel ...
Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...
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- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Australian Coal Association
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
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