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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, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Posco Energy - South Korea
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Aditya Birla Group - India
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
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