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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, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...
Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...
Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years
Live Mint reported that, Essar Shipping ...
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...
Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
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- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Planning Commission, India
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Australian Coal Association
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- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
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- International Coal Ventures Pvt Ltd - India
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- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
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- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
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- SMC Global Power, Philippines
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