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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, 06 February 14
THE WORLD LARGEST COAL EXPORTER SHIPPED AROUND 35.90 MMT OF COAL IN DECEMBER 2013
COALspot.com: Indonesia, the world 4th largest coal producer and the Global largest multi grade coal exporter shipped around $2* billion worth ...
Thursday, 06 February 14
PANAMAX: FAR EAST IS ALMOST ABSENT AND ATLANTIC ON SLOW STEAM
Handy
Due to ongoing Chinese New Year the market is still quiet. Slowly we can see some fresh coal cargos entering the market with second half Feb/ ...
Wednesday, 05 February 14
DRY BULK MARKET HAS LOST FURTHER GROUND THIS PAST WEEK - INTERMODAL
COALspot.com: The Dry Bulk market has lost further ground this past week as activity ex-Far East disappeared into the Chinese holidays and owners id ...
Wednesday, 05 February 14
MARKET INSIGHT - TASOS PAPADOPOULOS
KNOWLEDGE TO ELEVATE
COALspot.com: Let's take a break from market prospects, numbers, order book etc. and shed some light on the conclusions of ...
Tuesday, 04 February 14
NEWCASTLE PORT'S WEEKLY COAL EXPORTS HIT NEW HIGH OF 3.53 MMT
COALspot.com: In the week ended 3 February 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled ...
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- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Minerals Council of Australia
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- White Energy Company Limited
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
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