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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, 11 March 09
COAL EXPORTERS FEEL THE CHILL FROM ASIAN DOWNTURN -BUSINESS.SMH.COM
Business.smh.com reproted that, The demand for thermal coal - NSW's most valuable export - has begun to reduce dramatically in response to the need ...
Sunday, 08 March 09
AUSTRALIA'S FELIX STUDYING COAL ACQUISITIONS IN INDIA, INDONESIA
Bloomberg reported that, Felix Resources Ltd., an Australian supplier of coal to Korea and Japan, is studying acquisitions of energy coal assets in ...
Saturday, 07 March 09
THERMAL COAL PRICES MAY DROP, STANDARD CHARTERED SAYS
Bloomberg reported that, Coal prices may decline as a slump in demand for the fuel outpaces cuts in production, Standard Chartered Plc said.
Exp ...
Friday, 06 March 09
STRAITS ASIA EYES 3RD MINE
Straitstimes reported that, Mining company Straits Asia Resources is on an expansion trail to more than double its output by 2012.
Amid the econo ...
Friday, 06 March 09
INDONESIA MAY MISS 2009 COAL OUTPUT TARGET-OFFICIAL
Indonesia, the world's top thermal coal exporter, may fail to achieve its coal production target this year as the global economic crisis dents dema ...
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- The Treasury - Australian Government
- SMC Global Power, Philippines
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- White Energy Company Limited
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
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