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Sunday, 12 February 12
INDONESIA HAS ISSUED A REGULATION TO BAN THE EXPORT OF UNPROCESSED MINERALS AND METALS BY 2014
COALspot.com - The Indonesian government has finally issued a ministerial decree (7 Year 2012 dated 6 February 2012) to ban the export of unprocessed minerals and metals by 2014.
"The law aims forced the development of the manufacturing sector by compelling resources companies to process materials at home rather than offshore. Mining companies that fail to meet new rules in place from 2014 banning the export of unprocessed commodities will face the revocation of their mining license and the suspension of their shipping activities, a government deputy minister said on Friday," as quoted by Jakarta Globe.
The producers of commodities require to process materials within Indonesia rather than offshore. According to an executive from a domestic shipping company, unprocessed commodities ban will help domestic shipping industry's growth in coming years. “The producers of mineral and metals in Kalimantan island will transport their unprocessed commodities to the facilities in Java Island to process. It will increase domestic shipping activities,” commented an another barge owner cum operator, based in Jakarta.
Small scale mine owners are expected to use private smelting plants to get their commodities processed.
According to the regulation, the companies that breaching the ban would be hit with penalties, including halving their production entitlement, revocation of their mining licenses and temporary suspension of their shipping activities. The sanctions will be imposed by the minister, governor or regent. Big companies won’t have problems with the law, says industry players.
The law bans the shipment of unprocessed gold, nickel, tin, copper, silver, bauxite, iron ore, sand iron, nickel, manganese, antimony, and other commodities. Non-metal minerals such as calcite (limestone), feldspar, kaolin, bentonite, zeolite, silica (quartz sand), zircon, and diamond will also be affected.
However, the regulation was silent on coal export ban. The government is currently drawing up a regulation to ban the export of coal below 5,700 kcal/kg (adb). The implementation of the regulation is expected as of January 12, 2014, aiming that the coal with low-grade can be upgraded upfront prior to export.
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Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Siam City Cement - Thailand
- MS Steel International - UAE
- Planning Commission, India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- White Energy Company Limited
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
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