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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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Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
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- GMR Energy Limited - India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- PTC India Limited - India
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Parliament of New Zealand
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
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