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Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining companies for taking too much profit. The profits of these companies, he said, reached 66 percent of total production, while the state only receives 34 percent of the profit.
“That’s too much. It’s different with the oil and gas industries that provide benefits for the state and the public,” he said in Balikpapan on Saturday.
This condition has led to rapid growth in the mining industry and the high production profit has also seen many Indonesian grow rich, he said. “Look at the list of the richest people in Indonesia according to Forbes magazine. Almost all of them are in the coal mining sector,” he said.
As such, Widjajono said the regulation on profit sharing in the coal mining sector between the government and contractor companies must be revised.
He said the Energy Ministry was now drafting a formula for coal mine profit sharing between coal companies and the state.
Source: Tempo Interactive
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Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and ...
Tuesday, 26 April 22
INDIA'S COAL IMPORTS ARE SHIFTING, THERMAL MORE THAN COKING - REUTERS
India’s coal imports are starting to reflect shifting world trade and pricing dynamics in the wake of Russia’s invasion of neighbouring ...
Monday, 18 April 22
GERMAN COAL IMPORTERS EXPECT A BRIEF SPIKE IN PRICES ON EU BAN - REUTERS
A European Union embargo on Russian coal imports will push up prices in the short term before alternative supplies become available to steady the c ...
Monday, 18 April 22
FINNISH 'LOOPHOLES' ALLOW IMPORTS OF RUSSIAN COAL AND OIL TO CONTINUE - EURONEWS
Activists in Finland are calling for the government to clamp down faster on state-owned companies that continue to import raw materials from Russia ...
Monday, 18 April 22
GOVT IN DISCUSSION WITH WORLD BANK ON FRAMEWORK FOR COAL MINE CLOSURE - BUSINESS STANDARD
The coal ministry is in discussions with the World Bank for collaboration on the mine closure framework, a government official said on Wednesday.
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- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
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