We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
|
|
|
Showing 5636 to 5640 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- The University of Queensland
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
|
| |
| |
|