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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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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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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- White Energy Company Limited
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
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