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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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Thursday, 18 February 10
THE INDIAN MARKET IS FIRMING A BIT, DUE TO LACK OF TONNAGE IN THE REGION
HANDY
The BSI still decline as holidays around the world have reduced trading.
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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
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- Economic Council, Georgia
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- The University of Queensland
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- GMR Energy Limited - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
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