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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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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- MS Steel International - UAE
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- White Energy Company Limited
- Australian Coal Association
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
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