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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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Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct.
Overall the market seems to be ...
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- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
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