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Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
 Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are currently applying forest use permit to run their business, are a threat to the forests’ sustainability.
“Unfortunately, some areas are protected forests,” the forum director, Isal Wardhana said in Samarinda as reported by tvone.co.id on Monday, March 1, 2010.
He also said that morally, the decision of Forestry Ministry to approve the request of the regional government and more than 60 mining companies in East Kalimantan to approve the forest use for non-forestry activities is unjustifiable.
According to the data obtained by Walhi, the provinces which mostly propose for forest use permit are South Kalimantan with 72 requests, East Kalimantan with 65 requests, Central Kalimantan with 20 requests and West Kalimantan with 8 requests.
Since 2001, deforestation in East Kalimantan has affected 350 thousand acres every year, which led to losses for the locals who still rely on forest products to earn a living.
Wardhana assumes that the government should not have granted the requests even though according to the rule, they should be approved after the issuance of Forest Ministerial Decrees.
“The requests should be deeply analyzed because the amount of deforestations in East Kalimantan is increasing. It has even affected protected forests as well,” he said.
Forest area exploitations in East Kalimantan would significantly affect the sustainability of forests in East Kalimantan and cause ecological disasters in the province. Based on Walhi’s observation, in the case occurred in Nunukan regency, the local government executed a road development project in a protected forest area.
“Until now, the local government has not been able to publicly show the Forest Ministerial Decree regarding the forest use, “ Wardhana said.
The project execution was a violation against the forestry law. “Authorities should have stopped it,” he said.
He went on by saying that the new Forestry Minister should not issue a decree on forestry use for Nunukan local government until the project is deeply examined. There has been an indication that the project was implemented without any decree.
“The particular activity will reduce the number of forest areas in East Kalimantan, especially because the reclamations, which have been done by several major coal companies in East Kalimantan, haven’t run maximally, “ he said.
Wardhana’s statement is supported by the finding of several lands that have not been maximally reclaimed by the team from the Provincial House of Representatives a while ago.
Source: Viva News - Translated by: Nataya Ermanti
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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Xindia Steels Limited - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Planning Commission, India
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
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