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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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Friday, 20 April 12
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A rebound of demand for smaller dry bulk carriers has led the industry’s benchmark, the BDI (Baltic Dry Index) above the 1,000-point mark for ...
Friday, 20 April 12
BUMA HAS PRODUCED 2.6 MILLION TONS OF COAL IN MARCH 2012
COALspot.com - BUMA has removed 28.0 million bcm (+6.4% YoY) of overburden in March 2012 while coal production was at 2.6 million tons (+1.3% YoY).
...
Thursday, 19 April 12
FRESH COAL SALES FROM JATENERGYS JONGKANG MINES
COALspot.com - Energy company Jatenergy Ltd (ASX code JAT) announced today that it had signed a contract for an 11,000 tonne coal sale due for shipm ...
Thursday, 19 April 12
HANDY - 'POSITIVE TREND', PANAMAX - 'A FIRMER TENDENCY', CAPESIZE - 'AGAIN NEGATIVE'
Handy
The positive trend from last week continued, with more cargoes entering the market. Skaw/Passero del fixed tick above USD 4000 for US Gulf di ...
Thursday, 19 April 12
WILLIS MARINE MARKET REVIEW FORECASTS ANOTHER DIFFICULT YEAR - WILLIS GLOBAL MARINE / HELLENIC SHIPPING
After an inauspicious start, 2012 could well be "another difficult and uncertain year for the maritime industry faced with the aftermath of the ...
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- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Economic Council, Georgia
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- White Energy Company Limited
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Minerals Council of Australia
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