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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Tuesday, 15 October 13
CHINA COAL IMPORTS TO KEEP GROWING IN THE YEARS TO COME, ALBEIT AT A SLOWER RATE - EVA TZIMA / NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest monthly report, shipbroker Intermodal highlighted the growing role of coal in the energy mix. According to Intermodal's research anal ...
Tuesday, 15 October 13
NEWCASTLE PORT SHIPPED 6.50% MORE COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 6.50 per cent week on week to 3.19 million mt for ...
Monday, 14 October 13
MEMR OF INDONESIA SETS THE COAL'S SPOT PRICE AT US$ 76.61 FOR OCT'13 DELIVERY
COALspot. com - The Indonesian government has revised down government declared coal bench mark price by US$ 0.28/ MT to US$ 76.61 for October 2013 d ...
Monday, 14 October 13
CARBON POLICIES UNLIKELY TO PREVENT A COAL-FUELLED WORLD - WOOD MACKENZIE
China will propel coal growth but US, Europe and Asia will sustain global demand.
At the World Energy Congress (WEC) today Wood Mackenzie's Pres ...
Sunday, 13 October 13
Q4'13 DELIVERY SUB-BIT INDO COAL SWAP FALLS SEVEN STRAIGHT WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery fell 1.72 percept month on month on Friday 11 October 201 ...
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- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Planning Commission, India
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- White Energy Company Limited
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- The University of Queensland
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
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