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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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Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...
Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...
Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...
Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...
Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...
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- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- The University of Queensland
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
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