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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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Sunday, 19 October 14
LOW DEMAND PUSHES DOWN COAL FREIGHT RATES; VOLATILITY CONTINUES
COALspot.com: This week all the segments softened including BDI except for Panamax index.
The BDI was down by1.70 pct and clsoed at 944 points ...
Friday, 17 October 14
INTERNATIONAL COAL PRICES ARE AT LOWEST LEVEL; COAL STOCKS AT INDIAN POWER PLANTS ARE ALSO AT LOWEST LEVEL
International coal prices as well as coal freights are falling and reaching to its lowest levels. According to PTI, fuel stockpiles at the thermal ...
Friday, 17 October 14
U.S. COAL PRODUCTION UP BY 3.6% WEEK - ON - WEEK
COALspot.com – United States the world's one of largest coal producers, produced approximately 19.20 million short tons (mmst) of coal in ...
Friday, 17 October 14
DRY BULK SHIPPING'S OUTLOOK NOW SHIFTING TO A LESS PROMISING ONE, SHIP PRICES EXPECTED TO FOLLOW SOON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
China’s and other Asian countries’ return to the dry bulk market last week, didn’t trigger the hoped support towards the dry bulk ...
Thursday, 16 October 14
KOREA MIDLAND POWER TO BUY 490K MT OF LCV COAL FOR 1Q 2015
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 490,000 Metric Tons (MT) of LCV (Sub) Bitumino ...
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- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
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