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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, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- The University of Queensland
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
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