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Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors turn to Indonesia to capitalize on possible increases in global commodities, an Energy Ministry official said.
A looming increase in global demand for commodities will lure investors, said Bambang Setiawan, director general of mineral, coal and geothermal at the Energy Ministry.
“We are targeting moderate investment in the mining sector this year, at $3.2 billion, slightly higher than last year’s $3.18 billion,” Bambang said on Friday.
Priyo Pribadi, the head of the Indonesian Mining Association, forecast an even more bullish future for the sector, projecting as much as $8 billion in investment.
“I have documented thousands of investments this year,” he said.
Bambang said almost all production of commodities is expected to increase this year.
Tin production is forecast to increase sharply to 95,000 tons this year from 54,646 tons last year, he said.
Coal production is forecast to surge 27 percent to 375 million tons this year from 275 million tons last year.
Bambang also said coal prices would remain high. Recent floods that struck Australia are expected to boost coal prices.
Harvests of several commodities in Indonesia, especially palm oil and rubber, were damaged by the La Nina weather phenomenon, which caused heavy downpours throughout the dry season and reduced supplies, contributing to higher prices.
Data from the Energy Ministry showed the coal price in 6,322 cal/kg is $112.4 per ton, higher than than December’s price of $103.4 per ton.
Analysts claim that uncertainty over regulations will hamper mining investment, and Bambang admitted that land acquisition and environmental rules remain a problem.
The Jakarta Globe reported last month that total investment in the oil and gas industry was estimated to increase 58 percent to $18.9 billion this year from $11.95 billion last year.
Oil production is forecast to reach 955,000 barrels per day this year, lower than the government’s target of 965,000 bpd in 2010.
Source: The Jakarta Globe
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Tuesday, 17 January 23
CHINA'S SHANXI TARGETS 2023 COAL PRODUCTION OF NEARLY 1.37B TONS - XINHUA
China’s coal-rich province of Shanxi has set a coal production target of nearly 1.37 billion metric tons for 2023, according to a government ...
Tuesday, 17 January 23
MARKET INSIGHT - INTERMODAL
Rumor has it that the New Year has come, to set the pace in, for Russia to continue hostilities against Ukraine. Ten months on the go, into Russia& ...
Tuesday, 17 January 23
INDONESIA IS ACCOUNTING FOR 32.3% OF THE GLOBAL SEABORNE COAL MARKET IN 2022 - BENCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, Benchero ...
Tuesday, 10 January 23
INDONESIAN HBA IS SEEING A SPIKE IN JANUARY 2023 INSTEAD OF A SIGNIFICANT FALL IN DECEMBER 2022
COALspot.com: Indonesian Coal Price Reference up 8.43% in January 2023.
HBA is seeing a dramatic spike in January 2023 i ...
Sunday, 08 January 23
INDIAN COAL POWER PLANTS SHOULD BE COMPENSATED FOR 2022 FORCED GENERATION – REGULATOR : REUTERS
Indian power plants that rely on imported coal should be fully compensated when forced to supply electricity, the country’s power regulator s ...
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- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Planning Commission, India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
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