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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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Friday, 01 November 13
DRY BULK MARKET IN FIRST POSITIVE SIGN IN DAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Owners of dry bulk carriers are well aware of the rollercoaster ride that has been the market for their vessels over the past few years. This trend ...
Thursday, 31 October 13
HANDY: ACTIVE; PANAMAX: QUIET; CAPESIZE: NO LIGHT
Handy
The handy market had an active week however not directly translated into the rates we´ve seen in the Pacific. We see more coal and baux ...
Wednesday, 30 October 13
INDONESIAN STATE OWNED COAL MINER HAS EXPORTED 7.02 MILLION TONS OF COAL IN 9 MONTHS
COALspot.com : PT. Bukit Asam, Indonesian state owned coal miner has sold 13.24 million tons of coal for the period January - September 2013. Accord ...
Wednesday, 30 October 13
DRY BULK MARKET HAS LOST FURTHER GROUND THIS PAST WEEK - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable-)
The Dry Bulk market has lost further ground this past week, as de-creased activity in both basins for both C ...
Wednesday, 30 October 13
CAPESIZE: DOWNWARD; SUPRAS AND HANDIES: STABLE - INTERMODAL
The Dry Bulk market has resumed its downward movement, noting another dip for a third week in a row. The larger size segments were responsible for p ...
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Showing 4036 to 4040 news of total 6871 |
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- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- The University of Queensland
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- GMR Energy Limited - India
- Cement Manufacturers Association - India
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