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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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Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...
Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...
Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...
Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...
Thursday, 20 October 11
CAPESIZE - TUBARAO /QINGDAO BEING FIXED AT STRONG US$ 29.75 PMT
Handy
The Atlantic market is quite steady, and market seems to be around the same levels as last week. Fewer fixtures reported though. ...
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- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Economic Council, Georgia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
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