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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, 23 July 12
NTPC INVITES BIDS FOR 2.6 MILLION TONS OF LOW MOISTURE IMPORTED COAL
COALspot.com - India’s largest electricity generator, NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government ...
Sunday, 22 July 12
NEW CHAIRMAN FOR AUSTRALIAN COAL ASSOCIATION
The Australian Coal Association (ACA) announced that Mr Ross Willims has been appointed as its new independent Chairman effective November 5 2012. M ...
Sunday, 22 July 12
CENTRAL KALIMANTAN COAL RAILWAY NETWORK WILL BE BUILT BY 2015 - THE BORNEO POST
The borneo post reported that, a declaration to build a coal railway network is signed today (12/07/2012) in front of the Indonesian Vice President ...
Sunday, 22 July 12
COAL PRICES IN MIXED TRENDS; STOCKS REMAIN HIGH AT BOTH ENDS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery fell 0.99 percent on last Friday closing (d-o-d) and 1.19 percent com ...
Sunday, 22 July 12
TATA POWER SIGNS A LONG TERM COAL SUPPLY AGREEMENT WITH PT ANTANG GUNUNG MERATUS, INDONESIA
COALspot.com - Tata Power, India’s largest integrated power utility, last Friday announced that it has signed a long term coal suppl ...
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- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Minerals Council of Australia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
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