We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 become marred by unabashed exchanges of threats between government officials.
Rudi Rubiandini, the newly appointed deputy energy and mineral resources minister, said Japan had sent a letter stating that it would ban photocopy paper imports from Indonesia should the country go ahead and tax metal ore exports.
Japan, the world’s second-largest nickel consumer, previously threatened to file a complaint with the World Trade Organization (WTO) in response to new changes in Indonesia’s mineral trade policy.
On May 6, the government issued a regulation that introduced tougher requirements on the exportation of 65 types of raw minerals — excluding coal — and imposed a 20 percent export tax. The regulation is deemed necessary to curb overexploitation of resources ahead of the full implementation of a ban on raw mineral exports in 2014 as demanded by 2009 Minerals and Coal Mining Law.
The government has encouraged companies to either build smelters, either individually or through joint ventures, or make other plans for processing raw minerals.
In response to Japan’s threat of barring photocopy paper imports, Rudi said Indonesia could easily retaliate by cutting supplies of liquefied natural gas (LNG) to Japan.
According to ministry data, last year, Indonesia produced 362 LNG cargoes. Japan was the largest buyer, purchasing 172 cargoes, followed by Korea with 68 cargoes, the US (55), China (35) and Taiwan (32).
Other data show that in the first four months of this year, Indonesia exported 2.72 million tons of gas worth US$2.43 billion or 18.65 percent less than the $2.99 billion in the same period last year.
Based on Trade Ministry data, between January and April 2012, Indonesia exported more than 173 tons of photocopy paper to Japan. Total exports were valued at US$207.07 million, up 15.52 percent compared to the same period last year.
Trade Ministry director general for foreign trade Deddy Saleh said on Friday that the ministry had not decided to take any action in response to the photocopy paper threat.
“Japan has not filed an official complaint with us. So we are just going to wait and see,” Deddy said.
Experts say that Japan’s desperate response to the new Indonesian policy was an indication of Japan’s high dependence on raw materials to sustain both exports and the lifestyles of Japanese people.
Toshio Nakamura, the general manager of stainless raw materials at Mitsui & Co., was quoted by Bloomberg news service recently as saying that no other countries could immediately replace Indonesia in terms of raw material supplies.
Takayuki Ueda, the director general of the manufacturing industries bureau of Japan’s Trade Ministry, said that Japan would prefer to negotiate a solution to prevent a full ban on mineral exports.
However, he said, Japan might file an objection with the WTO should Indonesia proceed with a complete ban.
Utama Kajo, head of the Indonesian Chamber of Commerce and Industry’s (Kadin) standing committee on investment, human resource development and small and medium enterprises, said he was not worried that the rift would affect other sectors in the trade relations between the two countries.
“This is only a small-scale argument. It will not matter much if Japan stops photocopy paper exports because Indonesia can send it elsewhere, for example, to China or South America,” he said.
Utama suggested that Japan build smelters in Indonesia to process metal ore. Furthermore, he reminded the Indonesian government to think twice before making threats about cutting off the gas supply as it would only harm Indonesia.
“We can’t just cut off the supply because the countries have signed long-term contracts. We would risk being reported to the WTO,” he said.
Avilian, an economist at the Institute for Development of Economics and Finance (Indef) who is also a commissioner at one of the country’s biggest lenders, Bank BRI, said she doubted that the bickering between state officials would damage the long standing relations between Indonesia and Japan.
“We have had good relations so far. This is a small problem and can be addressed by the officials. Indonesia and Japan need each other,” she said.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 04 June 13
NEWCASTLE PORT SHIPPED 2.56 MILLION TONS OF COAL IN A WEEK
COALspot.com - Newcastle port in Australia has loaded 2,563,596 tons of coal for week ended 0700 hours 3 June 2013, Newcastle Port Corp. said ...
Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...
Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.18 percent week on week and 0.03 percent ...
Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013.
The Cape ...
Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...
|
|
|
Showing 4261 to 4265 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Australian Coal Association
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- The University of Queensland
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Central Electricity Authority - India
|
| |
| |
|