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Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
 The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on Thursday.
“It will create a negative impression for coal mining investors in the future,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (APBI), said on Thursday.
A new mining law requires traders to convert their old permits to the mining business license issued by the Energy and Mineral Resources Ministry before they are allowed to ship products overseas, Bloomberg reported on Wednesday.
The law was passed in 2009 with the aim of controlling minerals and coal mining.
Djunaedi, head of mining exports at the Trade Ministry, said the delay in issuing trading permits had disrupted commodity exports.
He said the Energy Ministry halted the process for giving out the licenses while waiting for Energy Minister Darwin Zahedi Saleh to sign off on the licenses.
Witoro Soelarno, secretary to the director general of coal and minerals, said the new law required traders to have permits to ship products. “Smuggling might happen if we don’t control our administration database,” he told the Jakarta Globe.
The government issues different licenses to miners, sellers and traders. Companies that ship coal or other mining products are considered traders.
Supriatna said traders had filed a protest with the Energy Ministry but refused to say how many. The APBI also sent a protest letter to Darwin.
“I think the problem is with the minister, because the licenses must be signed by the minister. He must delegate it to the Directorate General of Mining and Coal,” Supriatna said.
The pending licenses could force delays and cost traders Rp 15 million ($1,670) per day in penalties.
To avoid that and continue exporting, he said, some traders who lack the proper license are using a miner’s license to export coal, which is illegal under the new law.
Source: The Jakarta Globe
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Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...
Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...
Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...
Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...
Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...
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- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
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