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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Tuesday, 17 February 15
FOB SUB-BIT INDONESIA COAL SWAP UP 8% MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 rose week over week and month on month.
The Q2 swap up US$ 3.58 (+8.00%) month o ...
Tuesday, 17 February 15
Q2' FOB RICHARDS BAY COAL SWAP CLOSED AT $63.45; $ 1.85 HIGHER COMPARED TO Q4 CLOSING
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month, week on week and day on day.
The Q2 swap has ...
Monday, 16 February 15
COAL MINING SLUMP A BLESSING IN DISGUISE - THE JAKARTA POST
The growth of the coal-mining industry, which has diminished in the last two years, is expected to slump even further this year following weakening ...
Monday, 16 February 15
FOB NEWCASTLE COAL SWAPS SURGE WEEK ON WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery rose US$ 1.31 per MT (+2.59%) week over week and US$ 4.35 (+9.13%) month on ...
Monday, 16 February 15
Q2' 15 - CFR SOUTH CHINA COAL SWAP ROSE 5.22% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery rose US$ 2.88 (+5.22%) per MT month over month and US$ 1.08 (+1.90% ...
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- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- MS Steel International - UAE
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
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