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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, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...
Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...
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- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
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