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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Tuesday, 04 November 14
INDONESIAN COAL SWAPS FOR 2015 DELIVERIES SHOW A WEAK TREND
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost month on month and gained day on day and week on week, the trend was same as las ...
Tuesday, 04 November 14
FOB NEWCASTLE COAL SWAPS GAINED WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2014 delivery decreased US$ 1.09 (-1.99%) month over month and increased US$ 0.31 (+0.58% ...
Monday, 03 November 14
ADARO PRODUCED 41.90MT OF COAL FOR FIRST 9 MONTHS OF 2014
COALspot.com: Adaro’s coal production in the third quarter reached 14.03 Mt, a 2% increase compared to the same period of last year. Accordin ...
Monday, 03 November 14
CFR SOUTH CHINA COAL SWAP FOR Q4' 2014 DELIVERY LOST 2.80% MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery has decreased US$ 1.86 (-2.80%) month over month and increased US$ 0.37 ( ...
Monday, 03 November 14
INDONESIAN'S COAL EXPORTS JUMP IN SEPTEMBER
COALspot.com: Indonesia, one of the world's largest coal producers and the global leading multi grade coal exporter shipped around $1.50 ...
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- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Economic Council, Georgia
- Australian Coal Association
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- MS Steel International - UAE
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
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