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Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
 The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for commercial purposes, including long-banned mining activities.
Under the regulations, conservation forests could also be converted to production forests, to be used for plantations of trees such as acacia.
“We are now waiting for a presidential decree to bring the regulations into force. A number of firms have applied for mining permits in protected forest areas,” a senior official at the Forestry Ministry, Bambang Mulyo, said Monday.
The government regulation No. 24 on the use of forest areas says mining firms can dig for natural resources deposited under protected and production forests.
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“The government regulation No. 24 on the use of forest areas says mining firms can dig for natural resources deposited under protected and production forests”
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Article 5 of the regulation stipulates that in protected areas, miners are only allowed to conduct underground mining that does not change the forest functions.
However, in production forests miners could use both open pit and underground mining techniques. Indonesia currently has 31.6 million hectares of the protected forests, of which 10.6 million hectares is in Papua province.
The second-largest area of protected forests is in East Kalimantan (2.7 million hectares) and West Kalimantan (2.3 million hectares).
The government has allotted some 22.7 million hectares for production land that could be converted for business uses.
The 1999 Law on Forestry strongly prohibits mining activities in protected forest areas, be it open pit or underground mining. Under this law, mining is only allowed in production forest areas.
Former president Megawati Soekarnoputri issued a decree to grant special licenses to 13 giant mining firms to operate open-pit mines in protected forest areas.
Among the 13 are PT Aneka Tambang in Southeast Sulawesi, PT Freeport Indonesia in Mimika, Papua, Karimun Granit in Riau, INCO in Sulawesi, Natarang Mining in Lampung, Nusa Halmahera Mineral in North Maluku, Pelsart Tambang Kencana in South Kalimantan, Interex Sacra Raya in East and South Kalimantan and Weda Bay Nickel in North Maluku.
Regulation No. 24 also stipulates that protected forests may now be used for non-forestry businesses serving strategic purposes.
“We will elaborate on these strategic goals with the Environment Ministry and the Energy and Mineral Resources Ministry,” Bambang said.
Greenomics Indonesia executive director Elfian Effendi warns that a blurred definition of strategic goals could mean more areas of protected forests are cleared in the name of development.
“The government needs to impose a moratorium on new permits for mining firms conducting open-pit mining in forest areas,” he said.
In addition to the mining sector, the ministry issued regulation No. 10 that allows for protected and conservation forests to be converted to production land, the first ever such policy in Indonesia.
Critics say the regulation may lead to open-pit mining in protected forest areas.
Bambang, however, said he would not allow this to happen. “While there are minerals deposited under the production land, license holders are not allowed to dig them up,” he said.
The government has long faced international pressure to improve its management of forests, with the current rate of deforestation at more than 1 million hectares a year.
Indonesia plans to reduce its greenhouse gas emissions by 26 percent by 2020, of which 14 percent would be from stopping deforestation, combating illegal logging and controlling forest fires.
The government also pledged to plant 1 billion trees this year to re-green the country’s millions of hectares of degraded forest land.
Source: The Jakarta Post - Reported by: Adianto P. Simamora
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Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
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- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Parliament of New Zealand
- Marubeni Corporation - India
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
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