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Thursday, 22 January 09
MINISTER: MINING LAW PROHIBITS RAW MATERIAL EXPORT - ESDM
The Coal and Mining Law, approved during the House of Representatives plenary meeting on December 16, 2008 seeks to domestically increase mining commodity value. Mining companies are required to process their products domestically and at the same time prohibited from exporting raw material. This is aimed at increasing state revenue, opening new job opportunities, and increase public welfare.
“The Mining Law prohibits the export of raw material. This is a major change in our natural resources management, which is approved by the House of Representatives plenary meeting on December 16, 2008” explains the Minister of Energy and Mineral Resources, Purnomo Yusgiantoro during the explanation on “Mining Law: A New Era in Mining” in Jakarta on Wednesday (21/1).
The Minister further explains that for more than 30 years, we have been exporting raw mining products overseas, while at the same time importing processed products such as nickel, silver, and other products at a much higher price. This Mining Law aims to change this condition for the benefit of the nation.
The minister further explains that this task will not be an easy one, “this will only be accomplished through commitment and hard work”. The minister reminds that according to the 1945 Constitution, all natural reserves including mineral and coal as an un-renewable resource must be managed wisely to benefit the whole nation.
According to the minister, this Mining Law will provide a larger opportunity for Indonesia and its people to improve their natural resource management. “There have been a lot of debates, discussions, and agreements that we have been through before this law was issued. Of course not all ideas and opinions are accommodated in this law, but I am certain that several important and strategic aspects needed to carry out article 33 verse 3 of that 1945 Constitution is governed by this law. One of these aspects includes keeping a good investment climate”.
Source: ESDM
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Wednesday, 01 April 09
INDONESIAN OFFICIAL CLAIMS NEW LEGISLATION IS VINDICATED AS OVERSEAS FIRMS LINE UP FOR MINING LICENSES - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry is expected to issue six mining licenses under the country’s new mining law over the next two months ...
Wednesday, 01 April 09
COAL FIRMS' PROFITS NOT EXPECTED TO GROW IN '09 - - THE JAKARTA POST (ANALYSTS)
Despite their windfall profits in 2008, analysts doubt that PT Bumi Resources Tbk or any other coal firms will post profit growth this year, with pr ...
Tuesday, 31 March 09
DEUTSCHE BANK TO ADD COAL, GAS, SHIPPING IN COMMODITY EXPANSION - BLOOMBERG
Deutsche Bank AG, after quadrupling revenue from commodities in two years, plans to add coal, European natural-gas and shipping to its business, ant ...
Monday, 30 March 09
CHINA SHENHUA SAYS AGREES DOMESTIC COAL DEALS - REUTERS
Chinese coal mining giant China Shenhua Energy Co has agreed long-term contracts with some Chinese power producers, its President Ling Wen said on M ...
Sunday, 29 March 09
SHENHUA ENERGY 2008 NET RISES 29% TO RECORD ON PRICES - BLOOMBERG
China Shenhua Energy Co Ltd., the nation’s biggest coal producer, said profit rose 29 percent to a record in 2008 after it increased productio ...
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- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Romanian Commodities Exchange
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
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