COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 08 October 10
INVESTORS STILL RELUCTANT TO ENTER DOWNSTREAM INDUSTRIES - THE JAKARTA POST


The Jakarta Post reported that, mining companies are showing a low level of enthusiasm to enter the downstream industries, as required by the 2009 Minerals and Coal Law, due to lack of incentive and unclear government policies, the Association of Indonesian Mining Professionals says.

The law stipulates that all mining companies are obliged to process their mining products in the country by no later than 2014. The law aims to promote the added value of the mining operations to the country’s economy.

Mining association chairman Irwandy Arif told The Jakarta Post that without attractive incentives, he was pessimistic that the companies would seriously comply with the law, moreover, the punishment for infringement was only administrative.

“Currently, only a company or two have seriously prepared to enter the downstream industries,” he said on the sidelines of the 4th Added Value Mining Indonesia Conference, Workshop and Exhibition at Ritz-Carlton Hotel in Jakarta on Thursday. He added that several companies had developed research or pilot projects to produce derivative products of their commodities, but claimed that none were ready to develop the products on an industrial scale.

Irwandy urged the government to create clearer guidelines and policies for companies to develop the downstream industries.

He said that a working group from his association was currently assisting the Energy and Mineral Resources Ministry in deliberating a new ministerial decree on detail rules and strategies to develop mining downstream industries.

“The draft will contain explanations on mechanisms on how mining companies should process their products,” he said. He took the example of the nickel commodity that he proposed had to be processed minimally into ferro or matte nickel.

Director General of Manufacturing Industry Base (BIM) for the Industry Ministry Panggah Susanto said that another factor hindering the development of the mining downstream industries was the uncertain supply of raw materials due to the country’s upstream industries low capacity as many mining companies exported their mineral production.

“Our industries [including mining] depend heavily on imported raw materials,” he said. He added that the government was seeking the best way to develop the capacity of upstream industries in supplying raw materials for downstream ones.

Beside the raw materials, energy supply, particularly electricity and gas, also became one decisive factor as to why investors and companies were reluctant to engage in mining downstream industries.

To tackle this problem, the government is now promoting the public-private partnership scheme to accelerate the development of infrastructure by focusing on energy and transportation sectors.

Panggah said the development of the mining downstream industries was vital to increase the country’s product competitiveness. He emphasized that in the current free-trade era, the country had to consistently improve the value and quality of its products to compete with more advance industrialized countries.

“We’re committed to supporting the development of the downstream industries by facilitating all proposal of incentives, developing human resource quality and promoting investments,” he emphasized. (rdf)
Source : The Jakarta Post

Share your coal & shipping news with COALspot.com

 



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 09 October 10
9TH ASIA PACIFIC MINING CONFERENCE & EXHIBITION 13 14 OCTOBER 2010 AT SHANGRI-LA HOTEL, JAKARTA.
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...


Saturday, 09 October 10
SAIL SEEKS LONG-TERM COKING COAL SUPPLY FROM GLOBAL COMPANIES - BUSINESS STANDARD
State-owned Steel Authority of India (SAIL) Friday invited bids from global companies for long-term supply of coking coal to feed its expanding stee ...


Friday, 08 October 10
VESSEL OWNERS ARE RELUCTANT FOR INDONESIA TO INDIA COAL TRIPS - FEARNBULK
Handy Last week ended with a flourish of activity as the Chinese tried to fix any prompt vessels before the Golden week festivities, and since the ...


Thursday, 07 October 10
MIRACH ENERGY GAINS RIGHTS TO EAST KALIMANTAN COAL MINE - THE EDGE SINGAPORE
The Edge Singapore reported that, Mirach Energy says it has gained the rights to produce and sell coal in an open-pit coal mine in Samarinda, the ca ...


Tuesday, 05 October 10
EWP SEEKING VIETNAMS ANTHRACITE COAL
COALspot.com: South Korea’s EWP is seeking Min 200,000MT of Vietnam coal with plus or minus 30,000MT at EWP’s (Korea East West Power Co ...


   1114 1115 1116 1117 1118   
Showing 5576 to 5580 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GN Power Mariveles Coal Plant, Philippines
  • Rio Tinto Coal - Australia
  • Energy Development Corp, Philippines
  • Enel Italy
  • Coaltrans Conferences
  • PowerSource Philippines DevCo
  • OCBC - Singapore
  • Essar Steel Hazira Ltd - India
  • VISA Power Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Parliament of New Zealand
  • McKinsey & Co - India
  • Maersk Broker
  • TGV SRAAC LIMITED, India
  • TNPL - India
  • Vizag Seaport Private Limited - India
  • Bangkok Bank PCL
  • Tata Power - India
  • San Jose City I Power Corp, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Commonwealth Bank - Australia
  • Larsen & Toubro Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Bharathi Cement Corporation - India
  • Global Coal Blending Company Limited - Australia
  • Sree Jayajothi Cements Limited - India
  • Inspectorate - India
  • Russian Coal LLC
  • Mechel - Russia
  • CESC Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Ince & co LLP
  • Reliance Power - India
  • Asian Development Bank
  • Ind-Barath Power Infra Limited - India
  • Planning Commission, India
  • Africa Commodities Group - South Africa
  • Barclays Capital - USA
  • PTC India Limited - India
  • Binh Thuan Hamico - Vietnam
  • Sucofindo - Indonesia
  • Cement Manufacturers Association - India
  • Electricity Generating Authority of Thailand
  • Uttam Galva Steels Limited - India
  • Indika Energy - Indonesia
  • Samsung - South Korea
  • Central Electricity Authority - India
  • International Coal Ventures Pvt Ltd - India
  • World Coal - UK
  • Moodys - Singapore
  • Runge Indonesia
  • Deloitte Consulting - India
  • Rashtriya Ispat Nigam Limited - India
  • Mintek Dendrill Indonesia
  • GNFC Limited - India
  • The State Trading Corporation of India Ltd
  • Sical Logistics Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Berau Coal - Indonesia
  • Lanco Infratech Ltd - India
  • Thai Mozambique Logistica
  • Clarksons - UK
  • Tata Chemicals Ltd - India
  • HSBC - Hong Kong
  • Vale Mozambique
  • Heidelberg Cement - Germany
  • Total Coal South Africa
  • Renaissance Capital - South Africa
  • Makarim & Taira - Indonesia
  • ICICI Bank Limited - India
  • Orica Australia Pty. Ltd.
  • Tamil Nadu electricity Board
  • Adaro Indonesia
  • PLN - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Jaiprakash Power Ventures ltd
  • Meenaskhi Energy Private Limited - India
  • Wilmar Investment Holdings
  • JPower - Japan
  • Global Green Power PLC Corporation, Philippines
  • Therma Luzon, Inc, Philippines
  • EIA - United States
  • Kideco Jaya Agung - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Mjunction Services Limited - India
  • ACC Limited - India
  • ASAPP Information Group - India
  • Independent Power Producers Association of India
  • SGS (Thailand) Limited
  • Savvy Resources Ltd - HongKong
  • Sinarmas Energy and Mining - Indonesia
  • Coal and Oil Company - UAE
  • Metalloyd Limited - United Kingdom
  • Ministry of Finance - Indonesia
  • KPCL - India
  • CoalTek, United States
  • Straits Asia Resources Limited - Singapore
  • J M Baxi & Co - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • SASOL - South Africa
  • Lafarge - France
  • Thiess Contractors Indonesia
  • Japan Coal Energy Center
  • UBS Singapore
  • Romanian Commodities Exchange
  • Eastern Coal Council - USA
  • Infraline Energy - India
  • South Luzon Thermal Energy Corporation
  • Indian Energy Exchange, India
  • Singapore Mercantile Exchange
  • Siam City Cement PLC, Thailand
  • Inco-Indonesia
  • Glencore India Pvt. Ltd
  • Asia Cement - Taiwan
  • Peabody Energy - USA
  • Salva Resources Pvt Ltd - India
  • Ambuja Cements Ltd - India
  • Kobe Steel Ltd - Japan
  • SN Aboitiz Power Inc, Philippines
  • India Bulls Power Limited - India
  • Agrawal Coal Company - India
  • Indian School of Mines
  • Mitra SK Pvt Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Medco Energi Mining Internasional
  • Aboitiz Power Corporation - Philippines
  • CCIC - Indonesia
  • Arutmin Indonesia
  • GVK Power & Infra Limited - India
  • bp singapore
  • Indonesia Power. PT
  • Kalimantan Lumbung Energi - Indonesia
  • Merrill Lynch Bank
  • Bahari Cakrawala Sebuku - Indonesia
  • GMR Energy Limited - India
  • Simpson Spence & Young - Indonesia
  • IBC Asia (S) Pte Ltd
  • ETA - Dubai
  • The India Cements Ltd
  • New Zealand Coal & Carbon
  • Edison Trading Spa - Italy
  • Bhushan Steel Limited - India
  • Indian Oil Corporation Limited
  • Attock Cement Pakistan Limited
  • PetroVietnam
  • Directorate Of Revenue Intelligence - India
  • WorleyParsons
  • Bangladesh Power Developement Board
  • Petron Corporation, Philippines
  • U S Energy Resources
  • Britmindo - Indonesia
  • DBS Bank - Singapore
  • Meralco Power Generation, Philippines
  • Shenhua Group - China
  • GHCL Limited - India
  • Panama Canal Authority
  • SMG Consultants - Indonesia
  • Maybank - Singapore
  • globalCOAL - UK
  • Orica Mining Services - Indonesia
  • Intertek Mineral Services - Indonesia
  • TANGEDCO India
  • MS Steel International - UAE
  • Thomson Reuters GRC
  • NTPC Limited - India
  • Power Finance Corporation Ltd., India
  • Semirara Mining and Power Corporation, Philippines
  • Indorama - Singapore
  • The Treasury - Australian Government
  • Sindya Power Generating Company Private Ltd
  • Cemex - Philippines
  • Ernst & Young Pvt. Ltd.
  • Bulk Trading Sa - Switzerland
  • Adani Power Ltd - India
  • Semirara Mining Corp, Philippines
  • Miang Besar Coal Terminal - Indonesia
  • APGENCO India
  • Shree Cement - India
  • Holcim Trading Pte Ltd - Singapore
  • Tanito Harum - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Altura Mining Limited, Indonesia
  • EMO - The Netherlands
  • Coal India Limited
  • Parry Sugars Refinery, India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • PNOC Exploration Corporation - Philippines
  • Malabar Cements Ltd - India
  • Pinang Coal Indonesia
  • Cebu Energy, Philippines
  • Coeclerici Indonesia
  • Bank of America
  • Xstrata Coal
  • AsiaOL BioFuels Corp., Philippines
  • Price Waterhouse Coopers - Russia
  • Mercuria Energy - Indonesia
  • GB Group - China
  • Mercator Lines Limited - India
  • Siam City Cement - Thailand
  • Anglo American - United Kingdom
  • IEA Clean Coal Centre - UK
  • KPMG - USA
  • Standard Chartered Bank - UAE
  • Baramulti Group, Indonesia
  • Credit Suisse - India
  • Platts
  • Wood Mackenzie - Singapore
  • Kumho Petrochemical, South Korea
  • Marubeni Corporation - India
  • ING Bank NV - Singapore
  • Geoservices-GeoAssay Lab
  • Deutsche Bank - India
  • Australian Coal Association
  • TRAFIGURA, South Korea
  • Posco Energy - South Korea
  • Gujarat Sidhee Cement - India
  • Mitsubishi Corporation
  • Coalindo Energy - Indonesia
  • IMC Shipping - Singapore
  • Humpuss - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Pendopo Energi Batubara - Indonesia
  • Surastha Cement
  • Xindia Steels Limited - India
  • Manunggal Multi Energi - Indonesia
  • Vitol - Bahrain
  • Bukit Asam (Persero) Tbk - Indonesia
  • SRK Consulting
  • Sarangani Energy Corporation, Philippines
  • Borneo Indobara - Indonesia
  • Petrosea - Indonesia
  • Ministry of Transport, Egypt
  • ANZ Bank - Australia
  • Kepco SPC Power Corporation, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • PetroVietnam Power Coal Import and Supply Company
  • Jindal Steel & Power Ltd - India
  • Qatrana Cement - Jordan
  • Thermax Limited - India
  • CIMB Investment Bank - Malaysia
  • Gujarat Mineral Development Corp Ltd - India
  • RBS Sempra - UK
  • Coal Orbis AG
  • Indo Tambangraya Megah - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Goldman Sachs - Singapore
  • Videocon Industries ltd - India
  • Interocean Group of Companies - India
  • IOL Indonesia
  • Australian Commodity Traders Exchange
  • Riau Bara Harum - Indonesia
  • Noble Europe Ltd - UK
  • Neyveli Lignite Corporation Ltd, - India
  • Global Business Power Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • Maruti Cements - India
  • MEC Coal - Indonesia
  • Arch Coal - USA
  • Samtan Co., Ltd - South Korea
  • Indonesian Coal Mining Association
  • IHS Mccloskey Coal Group - USA
  • Aditya Birla Group - India
  • Kapuas Tunggal Persada - Indonesia
  • Bhoruka Overseas - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • LBH Netherlands Bv - Netherlands
  • SUEK AG - Indonesia
  • The University of Queensland
  • London Commodity Brokers - England
  • BNP Paribas - Singapore
  • Economic Council, Georgia
  • Krishnapatnam Port Company Ltd. - India
  • Platou - Singapore
  • Star Paper Mills Limited - India
  • Gresik Semen - Indonesia
  • SMC Global Power, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Cargill India Pvt Ltd
  • European Bulk Services B.V. - Netherlands
  • Minerals Council of Australia
  • PLN Batubara - Indonesia
  • Port Waratah Coal Services - Australia
  • McConnell Dowell - Australia
  • Georgia Ports Authority, United States
  • Bhatia International Limited - India
  • Oldendorff Carriers - Singapore
  • Latin American Coal - Colombia
  • World Bank
  • Coastal Gujarat Power Limited - India
  • Banpu Public Company Limited - Thailand
  • Vedanta Resources Plc - India
  • Gupta Coal India Ltd
  • Malco - India
  • Carbofer General Trading SA - India
  • Karaikal Port Pvt Ltd - India
  • Energy Link Ltd, New Zealand
  • Rudhra Energy - India
  • Core Mineral Indonesia
  • NALCO India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Cosco
  • UOB Asia (HK) Ltd
  • Maheswari Brothers Coal Limited - India
  • Eastern Energy - Thailand
  • Trasteel International SA, Italy
  • TeaM Sual Corporation - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Idemitsu - Japan
  • Barasentosa Lestari - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Thriveni
  • Central Java Power - Indonesia
  • Antam Resourcindo - Indonesia
  • Formosa Plastics Group - Taiwan
  • Bank of China, Malaysia
  • Petrochimia International Co. Ltd.- Taiwan
  • BRS Brokers - Singapore
  • Sakthi Sugars Limited - India
  • Thailand Anthracite
  • OPG Power Generation Pvt Ltd - India
  • Chamber of Mines of South Africa
  • Kartika Selabumi Mining - Indonesia
  • KEPCO - South Korea
  • JPMorgan - India
  • Madhucon Powers Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Ministry of Mines - Canada
  • Fearnleys - India
  • Freeport Indonesia
  • Electricity Authority, New Zealand
  • Grasim Industreis Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mitsui
  • White Energy Company Limited
  • Argus Media - Singapore
  • Sojitz Corporation - Japan
  • Bayan Resources Tbk. - Indonesia
  • KOWEPO - South Korea
  • CNBM International Corporation - China
  • Jatenergy - Australia
  • Cardiff University - UK
  • Permata Bank - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Dalmia Cement Bharat India
  • Kaltim Prima Coal - Indonesia
  • Indogreen Group - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Merrill Lynch Commodities Europe
  • Kobexindo Tractors - Indoneisa
  • TNB Fuel Sdn Bhd - Malaysia