We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 13 February 10
RULES MAY FREE $10B OF MINING PROJECTS IN INDONESIA
 The government announced on Friday that it had issued two implementing regulations for the new Mining Law that will clear the way for the development of $10 billion worth of projects that have been stalled because of the slow legislation.
The detailed guidelines governing mining concessions were signed by President Susilo Bambang Yudhoyono and are retroactive to Feb. 1. Investors had long been waiting on the regulations to resolve questions over the validity of their existing contracts of work (KK).
“We will honor the existing contracts,” said Bambang Gatot Ariyono, director of coal and minerals at the Energy Ministry.
|
|
“We will honor the existing contracts” - Bambang Gatot Ariyono”
|
|
The Indonesian Mining Association said at the end of last year that $10 billion worth of mining projects were stalled because of the government’s slow pace in issuing the regulations.
The regulations state that existing contracts will not be subject to changes in the new Mining Law.
Article 39 of regulation No. 22/2010 stipulates the smaller existing mining areas will be known as mining business permit territories (WIUP) within three months. However, Bambang said the shift in terms from mining areas to WIUP did not mean they would be affected by the new law.
Larger, existing mining concessions will be called mining business areas (WUP) within three months. The new Mining Law sets limits on exploration, production and size of concession, but WUP and WIUP holders are not subject to the restrictions.
The other regulation, No. 23/2010, states that the government must honor existing KK and mining concessions (KP) until the contracts expire. KK contracts are long-term deals signed with the central government guaranteeing lengths of 25 years and upward. KP are shorter duration contracts.
Both systems are being phased out in favor of mining business permits (IUP), which will further restrict the durations of contracts and areas of
|
|
“The regulation No. 23/2010, states that the government must honor existing KK and mining concessions (KP) until the contracts expire”
|
|
concessions.
According to the Energy Ministry, there are 8,020 applications for IUPs.
“We hope with the regulations release, the investors will start their projects soon,” Bambang said.
However, the IMA was wary of the regulations, saying it needed to study them further.
“We’re still unsure on how it will be implemented,” said Priyo Pribadi Soemarno, IMA’s executive director.
The stalled projects include a $4 billion nickel project by Rio Tinto, a $2 billion nickel project by Eramet, a $500 million zinc and black tin project by Dairy Prima, a $500 million gold project by Meares Soputan, and three PT Aneka Tambang projects — a $1 billion hydrometallurgy project, a $320 million ferronickel project and a $220 million chemical grade alumunia project.
Source: The Jakarta Globe
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
|
|
|
Showing 6021 to 6025 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Planning Commission, India
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
|
| |
| |
|
