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Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
 Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry of Industry had then called for mining permits to only be granted to investors who are willing to establish smelters and processing facilities domestically. I Gusti Putu Wiriyawan, the Ministry’s Director of Metal Industry stated that efforts should also be made to fend off a scarcity of mining areas, which are now heavily bossed by traders.
He was present at the Ministry for Energy and Mineral Resources on Tuesday, 4 August 2009 to address a discussion on the substance for a draft government regulation as an additional instrument for implementation of the mining law No. 4/2009 (RPP Minerba in its Indonesian acronym).
He mentioned that minerals from the country are exported as raw materials and imported back as processed goods, negatively affecting the competitiveness of Indonesia’s mined products. The new mining law should have aptly governed that mining permits (IUP and IUPK in Indonesian abbreviation) be only given to those willing to develop domestic processing industry. This would eventually lead to support a domestic market obligation (DMO) policy contained in a draft government regulation on mining business.
Mr. Wiriyawan took the example of India who only grant permits to companies who are able to mine and process their mined products. He then mentioned that some local iron ore and iron sand producers could also processed raw products into sponge already. “IUP and IUPK should be given to (companies like) them,” he stated.
He went on to inquire whether a regulation on export verification of mined products could also be included in the RPP Minerba to add to the quality of its legal base.
Source: Tambang
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Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
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- Gujarat Mineral Development Corp Ltd - India
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- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
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- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
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- Kalimantan Lumbung Energi - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
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- Singapore Mercantile Exchange
- Australian Coal Association
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- Makarim & Taira - Indonesia
- ASAPP Information Group - India
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- PTC India Limited - India
- GMR Energy Limited - India
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- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Orica Australia Pty. Ltd.
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- Coal and Oil Company - UAE
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- Africa Commodities Group - South Africa
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- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- MS Steel International - UAE
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- PowerSource Philippines DevCo
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- Orica Mining Services - Indonesia
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- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
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- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
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- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
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- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
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- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
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- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
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- Sojitz Corporation - Japan
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