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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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Monday, 16 March 09
ADARO TO BOLSTER SUPPLY CHAIN THROUGH ACQUISITIONS - THE JAKARTA POST
PT Adaro Energy Tbk, Indonesia's second-largest coal producer, plans to acquire a coal barging and transshipment company to improve its supply chai ...
Monday, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...
Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...
Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...
Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...
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- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- PTC India Limited - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
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