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Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
 The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's instructions.
The Ministry of Energy and Mineral Resources has threatened to revoke mining business permits that do not carry out any activities at all. At least 2,350 business licenses that do not carry out any activities out of 5,600 mining business licenses that exist today, said katadata, a local media in its report.
The report further noted that, special Staff of the Mineral Resources for Mineral and Coal - Mining Management of Minister of Energy Irwandy Arif said that according to the instructions of the President of Indonesia, mining companies that do not carry out activities will have their permits revoked.
The katadata’s report further said, initially, the President requested 1,600 mining business permits, holders of Mining Business Permits (IUP), Coal Mining Concession Work Agreements (PKP2B), and Contracts of Work (KK) to have their permits reviewed. However, after the Ministry of Energy and Mineral Resources conducted a number of evaluations, it turned out that those who did not carry out activities actually exceeded 1600 permits.
Currently, the government is still evaluating all the problematic mining permits. Those who cannot carry out the activities will have their permit revoked. "It turns out that it's not 1,600, in fact there are 2,300 or closer to 2350 permits," said Irwandy in a virtual discussion, Friday (25/6).
For information, mining permits are no longer the authority of local governments. In accordance with Law Number 3 of 2020 concerning Mineral and Coal Mining or the Minerba Law, the central government took over the authority to issue or revoke permits. It is hoped that the presence of the regulation will reduce the complicated licensing process. At the same time, the government also issued Law Number 11 of 2020 concerning Job Creation. This omnibus law will facilitate the implementation of the one-stop licensing process and online single submission (OSS). The government is currently working on its derivative regulations. One that is being formulated is the draft government regulation (RPP) on the implementation of business licensing in the regions. It will contain technical requirements for simplification of low and medium risk business activities.
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Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the ...
Thursday, 08 July 21
STRONGEST HALF YEAR FOR SHIPPING MARKETS SINCE 2008 - CLARKSONS
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional ind ...
Tuesday, 06 July 21
INDONESIA COAL PRICE REFERENCE RISES TO 112 MONTHS HIGH IN JULY 2021; 121.15% HIGHER COMPARED TO THAT IN JULY 2020 PRICE
COALspot.com: The Indonesia coal price reference for July 2021 fixed at US$ 115.35 per ton FOB vessel.
The Indonesia coal price referenc ...
Tuesday, 06 July 21
INDONESIAN COAL EXPORTS FELL BY 37% YOY IN 1Q21 DUE TO ADVERSE WEATHER CONDITIONS - FITCH RATINGS
Chinese coal imports declined by 25% yoy in 5M21as a result of both restrictions on Australian coal and the high base in 2020. Import volume in Jan ...
Tuesday, 06 July 21
INDONESIAN 4,200 INDEX HAS ALSO INCREASED TO OVER USD50 PER TONNE SINCE MAY THIS YEAR REFLECTING STRONG CHINESE IMPORT DEMAND - FITCH RATINGS
Price Surge Since March
APAC thermal coal has resumed its price surge since March this year. The benchmark Newcastle 6,000kcal/kg grade c ...
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- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- SMG Consultants - Indonesia
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