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

Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...


Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com -  Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...


Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...


Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...


Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...


   931 932 933 934 935   
Showing 4661 to 4665 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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