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Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Bukit Asam and PT Adaro has come to an end, with the verdict of the Supreme Court affirming the regency administration’s authority over the 24,752 hectare mining site that is located in the regency.
Deputy chief of the Supreme Court Farhan Berza revealed on Friday that the Supreme Court had decided to affirm the Lahat regent’s authority over the disputed mining site and that the copy of the decision made on Oct. 11 would be delivered to all conflicting parties, including publicly listed PT Bukit Asam.
“Bukit has to accept the Supreme Court’s verdict as final decision in the case because law is the supreme commander in this republic,” he said.
The Supreme Court made the decision to review, which was requested by Lahat Regent Syaifuddin Aswari Rivai in relation to the verdict of the State Administrative Court (PT TUN), which accepted Bukit Asam’s claim on the disputed site.
Lahat chief legislator Herliansyah hailed the Supreme Court’s verdict as the final decision that affirmed the regency administration’s authority over natural resources, including coal deposits and the mining site.
“The regency legislatures stand behind the regency administration’s decision, which has issued several coal work contracts in the past few years,” he said.
The regency administration has also issued a work contract to PT Mustika Indah Permai, owned by Adaro Group, but it suspended its operation following a lawsuit filed by Bukit Asam.
Adaro has acquired a 75 percent of Mustika Indah Permai’s stakes at a price of US$222.5 million from Elite Rich Investment Limited in order to improve its coal production. Adaro has secured several coal work contracts in South Kalimantan and has exported its coal production to China and Japan.
Source:The Jakarta Post (By Ridwan Max Sijabat)
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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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- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Australian Coal Association
- Singapore Mercantile Exchange
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
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