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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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Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link
A 130-kilometre railway that will ease the transport of raw materials and finish ...
Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...
Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...
Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...
Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
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- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Australian Coal Association
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Planning Commission, India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
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