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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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Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...
Monday, 28 November 11
CITING CONTRACTS, MINING FIRMS ARE NOT PAYING ROYALTIES UNDER LAW - THE JAKARTA POST
The Jakarta Post reported that, when the 2009 Law on Minerals and Coal was endorsed, hopes that Indonesia could maximize its revenue from the minera ...
Monday, 28 November 11
NEW ENVIRONMENTAL MARINE REGULATIONS TO IMPACT SHIPPING IN 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
August of next year will see some major changes for marine navigation. It’s when the North American ECA will come into force, introducing a 1% ...
Sunday, 27 November 11
INDIA'S KPCL TO IMPORT 50 MMT OF COAL FOR 10 YEARS
COALspot.com - Karnataka Power Corporation Limited (KPCL) will buy 5 million metric tonnes of coal annually for 10 years starting from 2015.
In a ...
Saturday, 26 November 11
INDIAN PORTS ARE BECOME COAL STOCKPILES..!!
COALspot.com - The Indian coal stocks and power tariff situation is the hot topic among the world coal producers as well as Indian coal importers.&n ...
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- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- White Energy Company Limited
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
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