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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, 05 September 13
DRY BULK MARKET ON A HIGH ROLL, MAINLY THANKS TO CAPESIZE APPETITE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize owners have been rejoycing on the back of renewed optimism for the further rise in the dry bulk market's freight rates, especially when on ...
Wednesday, 04 September 13
RBCT SHIPPED 16.18 PERCENT MORE COAL IN JULY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest coal export terminal South African as well as in the world has shipped 6,162, ...
Wednesday, 04 September 13
SUPRAS AND HANDIES : INDONESIAN COAL CARGOES ARE SUPPORTING HEALTHY ACTIVITY LEVELS - INTERMODAL
The Dry Bulk market has pooled back a bit this week after firming for two weeks in a row. The BDI is s holding above 1,100 points and despite the sm ...
Tuesday, 03 September 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 22.93 PER CENT MORE COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 22.93 per cent week on week to 3.39 million mt for ...
Sunday, 01 September 13
COAL SWAP SHOWS MIXED TREND
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery 1.25 percent up month on month. The swap was moved posit ...
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- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- The University of Queensland
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
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