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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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Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...
Tuesday, 22 August 23
CHINA'S COAL PRODUCTION LOGS STEADY GROWTH IN JANUARY-JULY: XINHUA
China’s output of raw coal went up 3.6 percent year on year in the first seven months of this year, official data showed.
The ...
Sunday, 13 August 23
THE COMMODITIES FEED: LNG SUPPLY RISKS LINGER - ING
Energy – OPEC sees deficit over remainder of 2023
Oil prices came under some pressure yesterday with ICE Brent settling a litt ...
Wednesday, 09 August 23
COAL TRADE TO RETURN TO 2019 LEVELS - BALTIC EXCHANGE
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. ...
Sunday, 23 July 23
ANALYSIS-INDIA'S COAL MINING BET STUMBLES AS WARY BANKS WEIGH RISING RISKS - REUTERS
India’s drive to ramp up coal output to meet growing energy demand is faltering due to banks’ reluctance to finance newly auctioned min ...
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- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Parliament of New Zealand
- White Energy Company Limited
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- The University of Queensland
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
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