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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, 04 December 09
JSW ENERGY TO BUY OUT PARENT FIRM'S COAL BLOCK
JSW Energy plans to buy the stake held by JSW Steel in a thermal coal block in Mozambique in an attempt to become an integrated energy company with ...
Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
* Japan's demand seen steady in 2010 at 110 mln tonnes
* India's demand seen as robust, at 70 mln tonnes
Reuters reported that, Thermal coal i ...
Thursday, 03 December 09
INDONESIA MAY ALLOW COAL SALES BELOW GOVT PRICE
Reuters reported that, Indonesia is considering giving producers some flexibility to sell coal below the government's monthly benchmark price to co ...
Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and ...
Thursday, 03 December 09
COAL INDIA IPO LIKELY TO HIT MARKETS BY NOVEMBER 2010
Soon investors will get to own a slice of India's largest coal mining company. Coal India its initial public offering will hit markets in November ...
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- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- White Energy Company Limited
- Posco Energy - South Korea
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Minerals Council of Australia
- PTC India Limited - India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Lanco Infratech Ltd - India
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