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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Friday, 05 April 13
SGX API 8 CFR SOUTH CHINA COAL SWAPS TO GO LIVE
COALspot.com - The Exchange has announced that the SGX API 8 CFR South China Coal Swap will go live for clearing on SGX-DC starting from 29 Ap ...
Thursday, 04 April 13
HANDY:QUIET ; PANAMAX: SLOW START; CAPESIZE: LOW ACTIVITIES - FEARNRESEARCH
Handy
The Atlantic markets remain quiet as charterers and owners waiting to see how it moves. The USG-Feast was at USD 20k and Black Sea-Feast was ...
Wednesday, 03 April 13
HBA HAS LOST US$ 1.53 PER MT IN APRIL 2013
COALspot.com - The Indonesian government’s declared coal bench mark price has lost $1.53 / MT in April 2013.
The monthly coal referen ...
Tuesday, 02 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 633K MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,029,482 tons of thermal and coking coal for week ended 0700 hours 1 April 2013, Newcas ...
Tuesday, 02 April 13
THE GOVERNORS TO TAKE OVER AUTHORITY OF MINING, FORESTRY AND PLANTATION CONCESSIONS
The Indonesian government is planning to transfer the authority of issuing mining, forestry and plantation concessions from municipalities and distr ...
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- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
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