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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, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...
Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...
Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...
Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year.
Kuzbasskaya Topli ...
Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points.
According to Vistaar Shipping of S ...
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- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Planning Commission, India
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Australian Coal Association
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Bhatia International Limited - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- The University of Queensland
- The Treasury - Australian Government
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
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