COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST


Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post, one of the Indonesia's leading English news paper.

The paper further reported that, "There has been a growing discourse regarding coal exports. Rationally speaking, we have signed a working contract with coal mining companies and by that, they have to pay 45 percent of royalties and taxes," Gita told reporters on Wednesday.

"Then there is a plan to tax coal exports coming out of nowhere. This could be regarded as a violation of the signed working contract," he added.

According JP, Gita said that it would be irrational to impose other kind of taxes on companies that had already paid royalties and taxes.

The idea of imposing an export tax on coal was recently raised by Energy and Mineral Resources Minister Jero Wacik.

On Monday, while opening of Coaltrans Asia conference in Bali, Energy and Minerals Minister Jero Wacik said the country was looking into imposing levies on coal shipments to regulate the outflow of the mineral and save it for domestic use.

Accordign to COALspot.com, Indonesian government’s declared coal prices or know as HBA  has fell 5.36 percent in June 2012, to US$ 96.65 from May 2012 price or -18.80%  Y-o-Y.

The buyers of Indonesian coal were looking for low price from their counterpart. The during the Coaltrans Asia conference, Indonesian 3800 GAR coal was offered between US$ 38- 39 per MT against the bids of US$ 35-36 per MT. In the meantime 4200 GAR coal was bid at low 40.

Some Indian traders from India claimed that, they were successfully concluded 3800 GAR coal of East Kalimantan origin at below US$ 36/ MT for spot loading. The suppliers of Indonesian coal were struggling to keep their cash flow as well as their coal stock inventory due to low demand as well as low price.
(additional reports by COALspot.com)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 28 July 12
CAL 2013 COAL SWAPS ARE HIGHER COMPARED TO SEPT 2012 PRICES
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 0.47 percent on Friday (27 July 2012) closing DoD but lost 0.90 ...


Friday, 27 July 12
PACIFIC MARKET REMAINED FLAT - FEARNLEYS AS
Handy The Atlantic market continued its downward trend from last week with what appears to be a summer lull across the board. A trip from the USG t ...


Wednesday, 25 July 12
BUKIT ASAMS H1 REVENUE JUMPED BY 13 PERCENT
COALspot.com - PT Bukit Asam (Persero), Tbk., the state owned coal miner's revenue in H1 2012, has jumped 13 percent to IDR 5.79 trillion (approxim ...


Wednesday, 25 July 12
BUMI RESOURCES MINERALS SECURED PINJAM PAKAI FOR ITS ZINC AND LEAD PROJECT
COALspot.com - PT Bumi Resources Minerals Tbk. ("BRMS" or "the Company") today reported that its 80% owned subsidiary, PT Dairi ...


Tuesday, 24 July 12
SHIP OWNERS WAITING FOR SHIP PRICES TO FALL FURTHER BEFORE MOVING IN MORE AGGRESSIVELY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the summer season already well under way and many ship owners getting ready for the autumn, the sale & purchasing activity of second hand v ...


   927 928 929 930 931   
Showing 4641 to 4645 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Coastal Gujarat Power Limited - India
  • JPMorgan - India
  • Gupta Coal India Ltd
  • Surastha Cement
  • Orica Mining Services - Indonesia
  • EIA - United States
  • GMR Energy Limited - India
  • Aditya Birla Group - India
  • Singapore Mercantile Exchange
  • Central Electricity Authority - India
  • McConnell Dowell - Australia
  • Mjunction Services Limited - India
  • South Luzon Thermal Energy Corporation
  • Eastern Energy - Thailand
  • Samsung - South Korea
  • WorleyParsons
  • Directorate General of MIneral and Coal - Indonesia
  • Malco - India
  • Miang Besar Coal Terminal - Indonesia
  • Ministry of Mines - Canada
  • The Treasury - Australian Government
  • Total Coal South Africa
  • Shenhua Group - China
  • Electricity Authority, New Zealand
  • Ind-Barath Power Infra Limited - India
  • Jaiprakash Power Ventures ltd
  • Port Waratah Coal Services - Australia
  • APGENCO India
  • Reliance Power - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Maheswari Brothers Coal Limited - India
  • Core Mineral Indonesia
  • Bank of China, Malaysia
  • Kideco Jaya Agung - Indonesia
  • Asia Cement - Taiwan
  • Cement Manufacturers Association - India
  • Mercator Lines Limited - India
  • Planning Commission, India
  • Karbindo Abesyapradhi - Indoneisa
  • Latin American Coal - Colombia
  • Indian Energy Exchange, India
  • Essar Steel Hazira Ltd - India
  • RBS Sempra - UK
  • Coeclerici Indonesia
  • Posco Energy - South Korea
  • Sree Jayajothi Cements Limited - India
  • Semirara Mining Corp, Philippines
  • Indika Energy - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Sakthi Sugars Limited - India
  • Iligan Light & Power Inc, Philippines
  • Pendopo Energi Batubara - Indonesia
  • Kobe Steel Ltd - Japan
  • Maruti Cements - India
  • Kepco SPC Power Corporation, Philippines
  • Indian School of Mines
  • Eastern Coal Council - USA
  • Cemex - Philippines
  • Malabar Cements Ltd - India
  • PTC India Limited - India
  • Borneo Indobara - Indonesia
  • NTPC Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Maersk Broker
  • Bayan Resources Tbk. - Indonesia
  • PowerSource Philippines DevCo
  • Shree Cement - India
  • Bharathi Cement Corporation - India
  • GAC Shipping (India) Pvt Ltd
  • Runge Indonesia
  • GB Group - China
  • SGS (Thailand) Limited
  • Global Green Power PLC Corporation, Philippines
  • Global Coal Blending Company Limited - Australia
  • Meenaskhi Energy Private Limited - India
  • Kumho Petrochemical, South Korea
  • ASAPP Information Group - India
  • OPG Power Generation Pvt Ltd - India
  • NALCO India
  • Orica Australia Pty. Ltd.
  • Maharashtra Electricity Regulatory Commission - India
  • Deutsche Bank - India
  • Vitol - Bahrain
  • CESC Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • PLN Batubara - Indonesia
  • Mechel - Russia
  • Directorate Of Revenue Intelligence - India
  • Moodys - Singapore
  • Sarangani Energy Corporation, Philippines
  • HSBC - Hong Kong
  • Electricity Generating Authority of Thailand
  • Therma Luzon, Inc, Philippines
  • PetroVietnam
  • Ince & co LLP
  • VISA Power Limited - India
  • London Commodity Brokers - England
  • SASOL - South Africa
  • Independent Power Producers Association of India
  • SMC Global Power, Philippines
  • Petrosea - Indonesia
  • Attock Cement Pakistan Limited
  • Carbofer General Trading SA - India
  • Indonesian Coal Mining Association
  • San Jose City I Power Corp, Philippines
  • Siam City Cement PLC, Thailand
  • EMO - The Netherlands
  • Gujarat Sidhee Cement - India
  • Goldman Sachs - Singapore
  • GNFC Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Siam City Cement - Thailand
  • Mitra SK Pvt Ltd - India
  • Tata Chemicals Ltd - India
  • Bangladesh Power Developement Board
  • Karaikal Port Pvt Ltd - India
  • Deloitte Consulting - India
  • Mintek Dendrill Indonesia
  • CCIC - Indonesia
  • GVK Power & Infra Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Thai Mozambique Logistica
  • GN Power Mariveles Coal Plant, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Australian Commodity Traders Exchange
  • Economic Council, Georgia
  • TNPL - India
  • Madhucon Powers Ltd - India
  • Berau Coal - Indonesia
  • Intertek Mineral Services - Indonesia
  • Glencore India Pvt. Ltd
  • Lafarge - France
  • Heidelberg Cement - Germany
  • Uttam Galva Steels Limited - India
  • Rio Tinto Coal - Australia
  • Leighton Contractors Pty Ltd - Australia
  • Lanco Infratech Ltd - India
  • SRK Consulting
  • Vale Mozambique
  • Arch Coal - USA
  • Cargill India Pvt Ltd
  • Parry Sugars Refinery, India
  • Adani Power Ltd - India
  • Tanito Harum - Indonesia
  • Coal India Limited
  • World Coal - UK
  • Aboitiz Power Corporation - Philippines
  • Peabody Energy - USA
  • KPMG - USA
  • UBS Singapore
  • Thomson Reuters GRC
  • Billiton Holdings Pty Ltd - Australia
  • Noble Europe Ltd - UK
  • DBS Bank - Singapore
  • Sucofindo - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Vizag Seaport Private Limited - India
  • Permata Bank - Indonesia
  • Riau Bara Harum - Indonesia
  • The State Trading Corporation of India Ltd
  • Banpu Public Company Limited - Thailand
  • Interocean Group of Companies - India
  • Geoservices-GeoAssay Lab
  • Timah Investasi Mineral - Indoneisa
  • Adaro Indonesia
  • Marubeni Corporation - India
  • Semirara Mining and Power Corporation, Philippines
  • Rudhra Energy - India
  • Kapuas Tunggal Persada - Indonesia
  • Idemitsu - Japan
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ICICI Bank Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Merrill Lynch Commodities Europe
  • Infraline Energy - India
  • Petron Corporation, Philippines
  • Coaltrans Conferences
  • Toyota Tsusho Corporation, Japan
  • OCBC - Singapore
  • Altura Mining Limited, Indonesia
  • Commonwealth Bank - Australia
  • CoalTek, United States
  • Argus Media - Singapore
  • Power Finance Corporation Ltd., India
  • Wilmar Investment Holdings
  • Energy Development Corp, Philippines
  • CNBM International Corporation - China
  • Kohat Cement Company Ltd. - Pakistan
  • KOWEPO - South Korea
  • Barasentosa Lestari - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Star Paper Mills Limited - India
  • Inspectorate - India
  • Salva Resources Pvt Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Grasim Industreis Ltd - India
  • Panama Canal Authority
  • Pinang Coal Indonesia
  • Russian Coal LLC
  • Central Java Power - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Ministry of Finance - Indonesia
  • TeaM Sual Corporation - Philippines
  • Xindia Steels Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Thiess Contractors Indonesia
  • IEA Clean Coal Centre - UK
  • Ambuja Cements Ltd - India
  • Savvy Resources Ltd - HongKong
  • Global Business Power Corporation, Philippines
  • Standard Chartered Bank - UAE
  • Metalloyd Limited - United Kingdom
  • Trasteel International SA, Italy
  • Kartika Selabumi Mining - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Asian Development Bank
  • IOL Indonesia
  • Fearnleys - India
  • Barclays Capital - USA
  • ACC Limited - India
  • Coal Orbis AG
  • TANGEDCO India
  • IBC Asia (S) Pte Ltd
  • Indo Tambangraya Megah - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Georgia Ports Authority, United States
  • Bulk Trading Sa - Switzerland
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Australian Coal Association
  • Coalindo Energy - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Bhoruka Overseas - Indonesia
  • Maybank - Singapore
  • Arutmin Indonesia
  • ING Bank NV - Singapore
  • Kobexindo Tractors - Indoneisa
  • TGV SRAAC LIMITED, India
  • BNP Paribas - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Cardiff University - UK
  • India Bulls Power Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • PLN - Indonesia
  • Samtan Co., Ltd - South Korea
  • Wood Mackenzie - Singapore
  • Minerals Council of Australia
  • World Bank
  • Vijayanagar Sugar Pvt Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Qatrana Cement - Jordan
  • ETA - Dubai
  • International Coal Ventures Pvt Ltd - India
  • Chamber of Mines of South Africa
  • Simpson Spence & Young - Indonesia
  • Larsen & Toubro Limited - India
  • Jindal Steel & Power Ltd - India
  • Cosco
  • Indorama - Singapore
  • BRS Brokers - Singapore
  • U S Energy Resources
  • Bhushan Steel Limited - India
  • Binh Thuan Hamico - Vietnam
  • SUEK AG - Indonesia
  • Energy Link Ltd, New Zealand
  • Tata Power - India
  • Inco-Indonesia
  • Bangkok Bank PCL
  • KEPCO - South Korea
  • Bank of America
  • Mercuria Energy - Indonesia
  • Meralco Power Generation, Philippines
  • Thriveni
  • Antam Resourcindo - Indonesia
  • Formosa Plastics Group - Taiwan
  • Cebu Energy, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Enel Italy
  • The University of Queensland
  • Coal and Oil Company - UAE
  • Thailand Anthracite
  • ANZ Bank - Australia
  • bp singapore
  • SMG Consultants - Indonesia
  • Parliament of New Zealand
  • Sojitz Corporation - Japan
  • Mitsui
  • Straits Asia Resources Limited - Singapore
  • European Bulk Services B.V. - Netherlands
  • Gresik Semen - Indonesia
  • Vedanta Resources Plc - India
  • McKinsey & Co - India
  • Baramulti Group, Indonesia
  • Mitsubishi Corporation
  • MEC Coal - Indonesia
  • Edison Trading Spa - Italy
  • JPower - Japan
  • Africa Commodities Group - South Africa
  • MS Steel International - UAE
  • PNOC Exploration Corporation - Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Britmindo - Indonesia
  • Bhatia International Limited - India
  • Tamil Nadu electricity Board
  • Platts
  • Indogreen Group - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Humpuss - Indonesia
  • Credit Suisse - India
  • The India Cements Ltd
  • Ceylon Electricity Board - Sri Lanka
  • Price Waterhouse Coopers - Russia
  • Makarim & Taira - Indonesia
  • White Energy Company Limited
  • Bahari Cakrawala Sebuku - Indonesia
  • GHCL Limited - India
  • IHS Mccloskey Coal Group - USA
  • Freeport Indonesia
  • Clarksons - UK
  • Romanian Commodities Exchange
  • Medco Energi Mining Internasional
  • globalCOAL - UK
  • Japan Coal Energy Center
  • Ernst & Young Pvt. Ltd.
  • Petrochimia International Co. Ltd.- Taiwan
  • SN Aboitiz Power Inc, Philippines
  • UOB Asia (HK) Ltd
  • Sical Logistics Limited - India
  • Oldendorff Carriers - Singapore
  • Jatenergy - Australia
  • Videocon Industries ltd - India
  • Renaissance Capital - South Africa
  • Dalmia Cement Bharat India
  • J M Baxi & Co - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Xstrata Coal
  • IMC Shipping - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Indian Oil Corporation Limited
  • Ministry of Transport, Egypt
  • New Zealand Coal & Carbon
  • KPCL - India
  • Thermax Limited - India
  • Platou - Singapore
  • CIMB Investment Bank - Malaysia
  • Anglo American - United Kingdom
  • Kaltim Prima Coal - Indonesia
  • TRAFIGURA, South Korea
  • Rashtriya Ispat Nigam Limited - India
  • Merrill Lynch Bank
  • Indonesia Power. PT
  • Agrawal Coal Company - India
  • PetroVietnam Power Coal Import and Supply Company