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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, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
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- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Planning Commission, India
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
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