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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, 12 November 09
FOREIGN INVESTMENT IN RUSSIAN COAL SECTOR
Reuters reported that, Russia's coal mines, particularly in the Arctic and Far East, are attracting interest from foreign investors as commodity pr ...
Thursday, 12 November 09
BANPU TO INVEST US$ 466 M
Plan targets 33.5m tonnes of coal per year
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is planning capital investments of ...
Wednesday, 11 November 09
NORTHSTAR TAKES 40 PER CENT OF INDONESIAN MINING COMPANY
AltAssets reported that, PT Northstar Pacific Partners, the Indonesian affiliate of US private equity firm TPG, has taken a 40 per cent stake in Ind ...
Wednesday, 11 November 09
INDONESIAN COAL MINERS SOLD BIG VOLUMES OF 2010 TO CHINA
* China has scooped up large volumes of Indonesian coal
* Total exports to China in 2010 seen to exceed 20 million T
* Chinese, Indian demand may ...
Wednesday, 11 November 09
INDIAN COAL IMPORT FROM SA IN OCTOBER
Reuters reported that India imported 2.4 million tonnes of coal from South Africa's Richards Bay Coal Terminal in October 2009, 35% of the total of ...
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- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
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- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
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- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
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- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
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- Sindya Power Generating Company Private Ltd
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- Kalimantan Lumbung Energi - Indonesia
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- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Planning Commission, India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
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- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
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- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
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- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
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- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
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- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
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- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
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- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
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