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Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT Bukit Asam and the country’s second largest coal producer, PT Adaro Energy, on an overlapping mining area.
Director general for minerals and coal at the Energy and Mineral Resources Ministry Thamrin Sihite said that the government would wait for a legal decision on the dispute.
“The government will comply with the decision,” he told reporters after attending the launch of the Indonesian Coal Index (ICI) 5, a reference price for low-rank coal, in Jakarta on Thursday.
Overlapping mining areas often happened in the country after the implementation of regional autonomy, he reported.
“In many cases, regent A gives a mining permit to a company, but then regent B, who replaced regent A, also gives a permit for the same area to another company. That happens very often across the country,” said Thamrin.
He promised that the government would solve the problems of overlapping mining areas as soon as possible.
According to the ministry’s data, as of September, only 45 percent or 3,778 of 8,263 registered mining licenses (IUP) have the status of “clean and clear”, the remaining 4,485 licenses were problematic.
Bukit Asam and PT Mustika Indah, whose 75 percent share is owned by Adaro’s subsidiary PT Alam Tri Abadi, are currently in dispute over a mining area in South Sumatra. The case is now in the process of appeal process at the Supreme Court.
Bukit Asam sent a subpoena to Adaro on the disputed land. The company’s lawyer, Anton Dedi Hermanto, said earlier that Adaro claimed Mustika’s land did not overlap Bukit Asam’s mining areas.
He claimed that the mining right (KP) issued by the regent of Lahat for Mustika through the letter of authority number 540/65/KEP/PERTAMBEN/2005 with a total area of 2,742 hectares overlaps Bukit Asam’s exploration area.
The South Sumatra governor’s letter number 556/KPTS/PERTAMBEN/2004 which became Adaro’s reference did not eliminate the right of Bukit Asam over the exploration area of 26,760 hectares.
Source: The Jakarta Post
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Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
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- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
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