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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, 16 April 15
SHIPPING DEMAND TO SUFFER AS CHINESE SLOWDOWN CONFIRMED SAYS BIMCO'S CHIEF SHIPPING ANALYST - BIMCO
The Chinese economy grew by 7.0% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China. This is the weakest overa ...
Thursday, 16 April 15
INDIA: COAL IMPORTS RISE BY 33 PC TO 240 MT IN FY'15 - PTI
India’s coal imports in the just concluded FY 2015 increased by 33 per cent to about 240 million tonnes.
“Coal import have gone up ...
Thursday, 16 April 15
CAPESIZE: THE SUPPLY AND DEMAND SIDE ARE NOW SUFFERING HEAVILY - FEARNLEYS
Handy
It seems to be some standoff between owners and charterers in both hemispheres this week. Owners are raising their rates while charterers a ...
Thursday, 16 April 15
Q3 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 55.67 PMT
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month.
The Q2 swap has declined US$ 1.90 (3.17%) m ...
Wednesday, 15 April 15
PORT OF NEWCASTLE SHIPPED 13.63 MMT OF COAL IN MARCH; UP 4.41% M-O-M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.227 billi ...
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- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- The University of Queensland
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
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