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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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Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...
Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower ...
Tuesday, 21 November 23
INDIAN COAL POWER PLANTS’ CAPACITY UTILISATION WILL IMPROVE TO 65% THIS FISCAL: - CRISIL
Coal-based thermal power units’ plant load factor (PLF) or capacity utilisation will improve to 65 percent in the current fiscal year despite ...
Tuesday, 14 November 23
CAPITAL PRODUCT PARTNERS L.P. ANNOUNCES TRANSFORMATIVE TRANSACTION INCLUDING THE ACQUISITION OF 11 NEWBUILD LNG CARRIERS FOR $3.1 BILLION
Capital Product Partners L.P. announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime ...
Tuesday, 14 November 23
COAL INDIA BEATS Q2 PROFIT VIEW ON HIGH POWER DEMAND AMID WEAK MONSOON - REUTERS
Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon.
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- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
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