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Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
 TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s investment target in the mineral and coal sector can be improved.
“The figure does not reflect the reality. Every year, there are thousands of new mines. There should be lots of new investment as well,” Priyo said last weekend.
The Energy Ministry has projected investments in the mineral and coal sector in 2011 will amount to US$3.2 billion. This is not too different from last year’s investment total of US$ 3.18 billion. Besides the investments, the government plans to increase mineral and coal production to meet international market demand.
According to Priyo, the investment value targeted by the government does not have a clear measurement. He even suggested there may be no new investments this year. “As no businessmen have submitted mining applications to the central government, investments this year remain unclear. Several mining companies have submitted applications to the provincial government, but this is not in line with the mineral and coal law,” he said.
The association calculated that this year’s investment could have been higher than the target. For instance, for the mining license arrangement (IUP) alone, the government could earn US$8 billion. “There are 8,000 IUPs currently. If one costs US$1 million, we could be earning US$8 billion,” Priyo said.
Mineral and Coal director general Bambang Setiawan admitted the investment target this year could be more than US$3.2 billion, as set by the government. “The target excludes the mining licenses in the provinces. If we include them, the value could reach US$5 billion,” he said.
In order to reach the target, Bambang plans to form an inventory team which will process and record the investment data in the provinces that have not been monitored properly. “We are not waiting for reports anymore. It is our turn to be proactive so that investment can be monitored and exceeded,” he said.
Source: Tempo Interactive
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Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...
Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...
Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...
Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points.
In May 2010 the BDI touched 4,209 ...
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- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Posco Energy - South Korea
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- The University of Queensland
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
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