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Wednesday, 11 December 13
THE INDONESIAN GOVERNMENT IS CONSIDERING SETTING A REGULATION ON THE MINIMUM PURITY TO REGULATE UNPROCESSED ORE BAN
 COALspot.com: Energy and Mineral Resources Minister Jero Wacik recently proposed to house those mining (mineral) companies that had shown a commitment to build smelters ought to be exempted from the upcoming export ban on raw ore. However the proposal was rejected by house member of commission VII who is overseeing energy ministry. According to majority of members of commission VII, the mining companies had already been given more than four years to comply with the requirement; hence the export ban has to be implemented fully by 12 January 2014.
In the meantime, according to circular No. 04/M-DAG/ED/12/203 dated 9 December posted on minerba's website, says that the unprocessed ore export will be allowed until 12 January 2014. The circular was signed by Bachrul Chairi, the director general for foreign trade of Trade Ministry of Indonesia. It is mean, no unprocessed ore exports will be allowed after 12 January 2014.
However the industry players says, most of the country’s miners including large scale miners would be unable to comply with the law, which only allows the export of ore that has first been processed in domestic smelters beginning January 12' 2014. Constructing a smelter and a power plant are requiring a huge amount of fund, time and certainty of raw material supply.
As quoted by a local news paper, the government is still seeking a way, without breaking the law, to allow mining companies that have concrete plans to build smelters to still be able to export their ore.
Ali Mardi, partner of Pricewaterhouse coopers says, during PWC's Mining Breakfast Technical Update, today, MoEMR regulation No.7/2012 and its amendments governs in-country mineral processinghas been revoked by country's Supreme court recently, this mean there are currently no rules to implement the in-country processing requirements, but the mining law is still in force to ban the export.
In the meantime, the Trade Ministry’s director general for foreign trade, Bachrul Chairi, said Tuesday that the government was considering setting a regulation on the minimum purity threshold for processed ore produced by local mining companies, as quoted by the Jakarta post.
Country's mining sector particularly ore miners and exporters are awaiting a clear guidance or regulation from the government on unprocessed ore export ban by 12 January 2014, The planned raw ore export ban at the start of the new year, but government has yet to offer a concrete implementation statement.
Marwan Batubara of Indonesian Resources Studies (IRESS) said firmer official statements were necessary to give certainty to the market about the implementation of the mining law, as quoted by JP yesterday.
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Wednesday, 18 December 13
DEMOLITION ACTIVITY SCALED BACK AS FREIGHT RATES RISE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's always been the case that each time we witness a spike in freight rates, demolition activity is decreasing, as owners are looking for more car ...
Tuesday, 17 December 13
NEWCASTLE COAL EXPORTS UP 37.83% WEEK ON WEEK
COALspot.com: In the week ended December 16, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.45 ...
Monday, 16 December 13
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 0.53 IN A WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 0.91 pmt month on month on Friday 13 December 2013 ...
Monday, 16 December 13
API 8 CFR SOUTH CHINA COAL Q3' 14 DELIVERY PRICE CLOSED $1.63 LESSER THAN Q1' 14 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 5.34 percept month on month as on Friday 13 December 2013. ...
Sunday, 15 December 13
SUPRAMAX'S FREIGHT RALLY COMES TO AN END THIS WEEK
COALspot.com: The BDI was up by 7 pct closing at 2,330 points week on week and the cape index was also up by 10.51 points and closed at 4,246 points ...
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- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Planning Commission, India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
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