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Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to submit a comprehensive plan to face the implementation of the ban on metal ore exports starting in 2014 or risk having their export permits revoked.
The paper further said, energy and Mineral Resources Minister Jero Wacik said the government would set up a team to review the proposals submitted by the companies. If the proposals were deemed “unreasonable” or “half-hearted”, the government would impose the export permit revocation.
“This is one of our strategies to ensure the mandates of the 2009 law on minerals and coal is upheld. Mining companies should have good faith in preparing the way for the raw-materials export ban,” he announced at a press conference at his office on Monday.
The ban on metal-ore exports was initially to be implemented three months after the ministry issued the regulation on Feb. 6. However, with the limited amount of smelting facilities in the country, the government acknowledged that the plan was not realistic and decided to grant a grace period for mineral producers to formulate contingency plans, which could include establishing smelter companies.
Coal and minerals director general Thamrin Sihite said the aim of the export ban was not to oblige all mining companies to individually establish smelters. If the production was too small for a smelter’s economic scale, the company could set up a consortium with several other companies to build a smelter together.
“Several investors have also expressed interest in building smelters in the country, however, they have requested a guarantee that they will access sufficient supply of raw materials,” he said.
Thamrin said the export ban was necessary given the fact that over the past several years Indonesia’s metal ore exports had increased rapidly.
“The pace of the export increase is rather scary,” he said after the press conference.
The ministry’s data shows that in 2011 Indonesia’s bauxite exports reached nearly 40 million tons, jumping from 27 million tons in 2010, 16 million tons in 2009 and 13.5 million tons in 2008.
For iron ore, exports hit 13 million tons in 2011, up significantly from 8 million tons in 2010, 7 million tons in 2009 and 2 million tons in 2008.
The same trend is also seen in nickel. Nickel exports were 33 million tons last year, rising steeply from only 17 million tons in a year earlier. The export level was 11 million tons in 2009 and 4 million tons in 2008.
Indonesian Mining Association (IMA) executive director Syarir AB said the association would fully back the government’s strategy. He argued that companies should have already been ready with comprehensive proposals a long time ago.
“The time limit isn’t three months. Mineral mining companies should have had plans in 2009 when the Mineral and Coal Law was first enacted,” he told The Jakarta Post over the phone.
Source: The Jakarta Post (By:Rangga D. Fadillah)
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Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
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- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- PTC India Limited - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- The University of Queensland
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Indogreen Group - Indonesia
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