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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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Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at o ...
Tuesday, 31 January 12
DRY BULK MARKET KEEPS FALLING FOR WORST MONTH IN YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn't manage to put a halt in its downfall, with the industry's benchmark, the BDI (Baltic Dry Index), posting yet another fa ...
Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally.
Et ...
Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct cl ...
Friday, 27 January 12
DEMOLITION ACTIVITY NEEDS TO INCREASE SIGNIFICANTLY THIS YEAR AS WELL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of vessels in most shipping sectors is so intense that it’s become clear to ship owners that unless they scrap as many of their ...
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- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
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