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Monday, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
.jpg) Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are unable to reach a solution with the government.
The law’s implementing decree seeks to limit the work that mining companies can outsource to companies not approved by the government and which may not take environmental and other obligations as seriously.
In October, the industry associations said they were confused about the decree and were in talks with government officials. Susanto Joseph, executive director of the Indonesian Mining Services Association, said at the time that the law could lead to a $750 million decline in mining industry revenue this year.
However, those talks have yet to bear fruit.
“We’re currently studying our options regarding the law,” Priyo Pribadi Soemarno, executive director of the Indonesian Mining Association, said on Wednesday. “If our latest discussion with the government doesn’t go anywhere then I think we could ask for a judicial review.”
Article 8 of the implementing decree, states that the mining concession holder is prohibited from using affiliated companies for any service work unless it gets approval from the Energy Ministry.
It means a company like PT Bumi Resources would have to divest its contractor subsidiary, PT Dharma Henwa, if it doesn’t get approval.
| “The holder of a mining concession or special mining concession must itself perform mining, processing, and refining work” |
Article 10, which states that “the holder of a mining concession or special mining concession must itself perform mining, processing, and refining work,” is particularly problematic, because much of this work is carried out by contractors.
Article 5 states that contracting work must be given to domestic companies for a first right of refusal before foreign companies can be involved.
Bob Kamandanu, chairman of the Indonesian Coal Producers Association (APBI), said mining companies had found some loopholes in the decree.
“On affiliation, I think it can be arranged as the ownership of the affiliated company could be exchanged on paper but the owner could still be the same.” Bob said.
“It creates a headache for us because we have to think of how to overcome the regulation. I prefer the old regulation and I hope there should be some revision of the decree,” he said.
Source: The Jakarta Globe
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Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
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- Edison Trading Spa - Italy
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
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- Makarim & Taira - Indonesia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
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- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
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- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
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- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Interocean Group of Companies - India
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- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Australian Coal Association
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- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
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- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
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- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Petron Corporation, Philippines
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