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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Friday, 04 October 13
US COAL PRODUCTION UP 2.1% WEEK ON WEEK - EIA
COALspot.com – United States the world’s second largest coal producer produced approximately 19.70 million short tons (mmst) of coal in ...
Thursday, 03 October 13
INDONESIA AUGUST COAL EXPORTS FALL 12.90 % FROM JULY TO 30.71 MIL MT
COALspot.com: Indonesia, the 15th largest economy in world, 4th largest coal producer in world and world's largest multi grade coal exporter ...
Thursday, 03 October 13
TOP FOUR U.S. COAL COMPANIES SUPPLIED MORE THAN HALF OF U.S. COAL PRODUCTION IN 2011 - EIA
In the past two years, more than half of U.S. coal production was attributable to the top four coal producers, the result of changes in regional pro ...
Thursday, 03 October 13
HANDY: PERIOD MARKET STAND IN GOOD POSITION - FEARNRESEARCH
Handy
Nickel ore and Bauxite was active last week but slowed down now due to Chinese holidays. Ships opened in North China fixed at US$ 11-13k leve ...
Wednesday, 02 October 13
DRY BULK MARKET IS STILL MAINTAINING ITS UPWARD DIRECTION
Chartering (Wet: Stable- / Dry: Firm+)
Despite the fact that rates for Capes didn't continue their crazy ride this past week, the Dry Bulk market ...
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- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Parliament of New Zealand
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Xindia Steels Limited - India
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