We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
 The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining companies’ profits but also cause problems in the domestic market, which won’t be able to absorb all the output, a mining executive said.
Ray Antonio Gunara, president director of Harum Energy (HRUM), a coal mining and logistics company with operations in East Kalimantan, said that his business already had to pay a 13.5 percent royalty and that the additional 20 percent would only cut deeper into its profit margin.
“If the policy is really implemented, it would mean that besides of the 13.5 percent royalty obligation, we will also have to pay another 20 percent to the government and therefore we will only get about 70 percent of sales,” Ray said.
The new rule — moved up to this year from 2014 — bans shipments of unprocessed gold, silver, platinum, copper, lead, nickel, zinc, iron ore and sand iron, manganese, chromium, molybdenum, bauxite and antimony in a bid to boost value-added products.
The government has made exceptions for miners that plan to build smelters. They will be taxed at an average of 20 percent on ore exports.
Some companies may end up holding back ore shipments if the new levy makes mining unprofitable and might focus instead on building smelters or selling domestically.
Ray said if wouldn’t be easy for sales to shift to the domestic market because its absorption rate was much smaller than the export market. Currently around 90 percent of mining products are exported.
However, Herman Afif Kusumo, head of the Indonesia Mining Community Presidium (MPI), said 20 percent was an acceptable level that local mining concerns could still afford. The new taxes were needed to prevent the rapid overexploitation of Indonesia’s natural resources, he said.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 16 October 12
DRY BULK FREIGHT RATES COULD IMPROVE ON CHINESE STIMULUS AND WINTER CARGO DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO has given out its forecast for the next six weeks, in terms of freight rates for dry bulk carriers. According to them, Capesize TC Average rat ...
Monday, 15 October 12
IT'S STRICTLY COME CHARTERING - CLARKSON RESEARCH SERVICES
The charter market is a bit of a dance between ship owner and charterer: one leader, one follower; one step, two steps, turn... The dance is symbiot ...
Sunday, 14 October 12
SUB-BIT INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS: SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery lost 0.329 percent w- w but gained 0.248 percent d-d on Friday, 12 Oct ...
Sunday, 14 October 12
SUPRAMAX FREIGHT STEADY: PANAMAX FREIGHTS FIRM - VISTAAR
COALspot.com - The shipping market saw some hectic activity in the Cape and panamax sector and quite a lot of fixtures reported.
The BDI was up b ...
Friday, 12 October 12
HOW REAL IS THE THREAT OF PIRACY? - BIMCO
The threat of modern piracy remains serious, regardless of its seasonal variations and the fact that it is chiefly confined to the Indian Ocean, Gul ...
|
|
|
Showing 4536 to 4540 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
|
| |
| |
|
