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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
 Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top coal miner Banpu PCL, a senior government official said on Monday.
Indonesian police temporarily closed the Jorong coal mine in Indonesia's portion of Borneo island last week over the permitting issue.
"We are holding talks at the coordinating economics' ministry on how to settle this issues," Bambang Setiawan, director general of coal, minerals and geothermal at the energy and mining ministry, told reporters.
The official said that the Jorong mine had already put in a request to Indonesia's forestry ministry to extend its permit, but one had not yet been issued.
"Because of a need to continue production, the producer went on operating without the extension permit," he added.
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"We are holding talks at the coordinating economics' ministry on how to settle this issues" - Bambang Setiawan, director general of coal, minerals and geothermal
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Banpu confirmed in a statement last Thursday that the mine had been shut but said it would only have a slight impact on production at its Indonesian unit Indo Tambangraya Mega Tbk
Indo Tambangraya has six coal concessions on Borneo island including Jorong in South Kalimantan.
Another official at the energy and mining ministry said problems like this over land permits could hit mining output by increasing uncertainty in the investment climate in Indonesia.
"Indonesia needs more coal to supply coal-fired power plants, especially in Java island, from this year," said the official, who declined to be identified by name.
"If there are many of this type of problem in the sector then it will cut coal production in future," added the official.
Coal output from Jorong mine accounted for around 1.97 million tonnes, or 8.6 percent of Banpu's 2010 production target of 23 million tonnes, the firm has said.
Banpu said it did not know when it would be able to resume operations.
Jorong mine produces sub-bituminous coal which is supplied to local power plants and overseas utilities.
According to estimates from Indo Tambangraya, Jorong mine produced 2.85 million tonnes in 2009, with 2.3 million tonnes targeted at the overseas market.
Indonesia Forestry Minister Zulkifli Hasan told Reuters on Jan 10 the ministry had revoked the land use permits for 23 mining and other firms operating in forested areas and may crack down further, indicating a tougher stance on environmental protection.
But the government of President Susilo Bambang Yudhoyono has also pledged to resolve bottle necks and other bureaucratic obstacles that frequently hamper investment projects and have discourage investment in the mining sector.
Source: Reuters
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Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the ne ...
Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
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- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- PTC India Limited - India
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Australian Coal Association
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- VISA Power Limited - India
- CNBM International Corporation - China
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
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