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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, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Independent Power Producers Association of India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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