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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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Monday, 22 July 13
INDO COAL SWAP FOR AUGUST 13 DELIVERY GAINED ON WEEK BUT LOST ON DAY AND MONTH
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 delivery slightly up on week but fell on day and month on Fri ...
Friday, 19 July 13
U.S.COAL PRODUCTION TOTALED APPROXIMATELY 19.60 MMST WEEK ENDED JULY 13
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 19.60 million short tons (mmst) of ...
Friday, 19 July 13
TNPL IS LOOKING FOR 300 K MT OF 6000 GAD COAL FOR FIVE MONTH
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 5 shipments about 60,0 ...
Thursday, 18 July 13
3RD ANNUAL FLOATING TERMINALS, INDONESIA
Commercial applications for offshore transshipment facilities
Floating Terminal solutions are increasingly being deployed by miners, independent ...
Thursday, 18 July 13
THE CAPE MARKET APPEARS TO BE HOLDING FIRM - FEARNLEYS AS
Handy
In the Pacific, market maintained similar levels during the week. There is several Indo coal orders in the market, ships passing Singapore fi ...
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- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- GMR Energy Limited - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- White Energy Company Limited
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
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