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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, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- The University of Queensland
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
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