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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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Thursday, 19 November 15
CHINA STEEL PRODUCTION CAPACITY TO PEAK IN 2016 - FITCH RATINGS
COALspot.com: Fitch Ratings today says that China's steel production capacity is likely to peak in 2016, with capacity elimination over the nex ...
Thursday, 19 November 15
Q3' 16 RICHARDS BAY COAL SWAP CLOSED 9% LOWER THAN Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 up week over week and month over month.
The Q1’ 2016 swa ...
Thursday, 19 November 15
RATES FOR CAPES KEPT MOVING SOUTH - INTERMODAL
COALspot.com: With the BDI currently standing at less than 30 points above the historical lows marked in February this year and with activity acros ...
Wednesday, 18 November 15
MARKET (SHIPPING) INSIGHT - THEODORE NTALAKOS
Supply VS Demand
According to data from the IMF, global growth for 2015 is projected at 3.1 percent, 0.3 percentage point lower than in 2014, ...
Tuesday, 17 November 15
KOMIPO INVITES BIDS FOR (SEMI) ANTHRACITE COAL FOR SEOCHEON POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 70,000 Metric Tons of (Semi) Anthracite for Ja ...
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- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
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