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Sunday, 12 February 12
INDONESIA HAS ISSUED A REGULATION TO BAN THE EXPORT OF UNPROCESSED MINERALS AND METALS BY 2014
COALspot.com - The Indonesian government has finally issued a ministerial decree (7 Year 2012 dated 6 February 2012) to ban the export of unprocessed minerals and metals by 2014.
"The law aims forced the development of the manufacturing sector by compelling resources companies to process materials at home rather than offshore. Mining companies that fail to meet new rules in place from 2014 banning the export of unprocessed commodities will face the revocation of their mining license and the suspension of their shipping activities, a government deputy minister said on Friday," as quoted by Jakarta Globe.
The producers of commodities require to process materials within Indonesia rather than offshore. According to an executive from a domestic shipping company, unprocessed commodities ban will help domestic shipping industry's growth in coming years. “The producers of mineral and metals in Kalimantan island will transport their unprocessed commodities to the facilities in Java Island to process. It will increase domestic shipping activities,” commented an another barge owner cum operator, based in Jakarta.
Small scale mine owners are expected to use private smelting plants to get their commodities processed.
According to the regulation, the companies that breaching the ban would be hit with penalties, including halving their production entitlement, revocation of their mining licenses and temporary suspension of their shipping activities. The sanctions will be imposed by the minister, governor or regent. Big companies won’t have problems with the law, says industry players.
The law bans the shipment of unprocessed gold, nickel, tin, copper, silver, bauxite, iron ore, sand iron, nickel, manganese, antimony, and other commodities. Non-metal minerals such as calcite (limestone), feldspar, kaolin, bentonite, zeolite, silica (quartz sand), zircon, and diamond will also be affected.
However, the regulation was silent on coal export ban. The government is currently drawing up a regulation to ban the export of coal below 5,700 kcal/kg (adb). The implementation of the regulation is expected as of January 12, 2014, aiming that the coal with low-grade can be upgraded upfront prior to export.
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
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Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Parliament of New Zealand
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
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