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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, 07 March 12
ASSESS ASIAS POTENTIAL, DEVELOPMENTS AND APPETITE FOR SHALE AT SHALE GAS SUMMIT
Press Release - Assess Asia’s Potential, Developments and Appetite for Shale at Shale Gas Summit on 23-24 Apr, 2012 in Beijing
China is rep ...
Wednesday, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference
2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique
http://www.immevents.com/mo ...
Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...
Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...
Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
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