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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, 23 September 15
INDONESIA: NEW REGULATION APPLIES FINAL INCOME TAX TO MINERAL AND COAL SALES - FLORENCE GRACIA SANTOSO
To increase state revenue from the mining sector, the Government of Indonesia has imposed a new final income tax on any sale of mineral and coal, a ...
Tuesday, 22 September 15
1Q16 FOB INDONESIA COAL SWAP DECLINED 6.49 PER CENT M-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week.
The 4Q swap declined $ 2.29 (-5.42%) per t ...
Tuesday, 22 September 15
FOB RICHARDS BAY COAL SWAPS FALL CONTINUES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month.
The 4Q swap was down US$ ...
Monday, 21 September 15
Q4' 15 FOB NEWCASTLE COAL SWAP CLOSED HIGHER THAN Q2' 16 SWAP
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery increased $0.43 per ton (1.01%) month over month to US$ 42.95 per ton. The ...
Monday, 21 September 15
CFR SOUTH CHINA COAL SWAP GAINED WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 0.45 (0.90 %) per ton month over month.
A commodit ...
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- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Planning Commission, India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
- ICICI Bank Limited - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
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