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Sunday, 06 May 12
EXPORT DUTY ON MINERAL FINALLY TO BECOME EFFECTIVE NEXT WEEK
COALspot.com - Mineral ore exporters of Indonesia ( only IUP holders) are required to obtain recommendation letter from the energy and mineral resources ministry before being able to export metal ore starting from 7th May 2012 until 12 January 2014.
By 12 January 2014, all mineral ore and unprocessed coal exports will be stopped.
According to a notice published on directorate general of mineral and coal’s website, the recommendation will only be granted to companies, if the companies fulfill certain requirements, such as IUP status must be clean and clear, the company have paid all their tax and non-tax financial obligations, and they must submit a comprehensive proposal on whether they want to build their own smelters, establish a consortium with other companies to jointly build smelters, or sell their raw materials to smelting companies in the country.
Companies must also require to sign integrity pacts with the government undertaking they will stop exporting raw materials in 2014 as mandated by the Minerals and Coal Law. A 20-percent export duty on 14 mineral commodities (antimony, bauxite, chromium, copper, gold, iron ore, iron sand, lead, manganese, molybdenum, nickel, platinum, silver and tin ) will be imposed from 7th May 2012.
In the meantime, the energy and mineral resources ministry’s director general for minerals and coal, revealed the export tax and the requirements would apply only to IUP holders and not for contract of work (CoW) holders.
The government was silent on coal either export duty or export ban. Previously government was planning to introduce a ban on low calorific value coal or unprocessed coal by 2014, and finance ministry of Indonesia is expected to issue a regulation to impose export duty. A official from directorate general of mineral and coal previously revealed that, the export duty will be around 25 percent in 2012 and 50 percent in 2013.
However instead of proposed 25 percent export duty on mineral in 2012, now government is introduced only 20 percent duty and coal exempted temporary from any export duty.
If export duty on coal introduced and implemented, it will be applicable only for IUP holders and not for CCoW holders. According to market sources, CCoW holders are holding at least 70-80 percent of Indonesian coal production and exports.
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Monday, 17 July 23
APPROVED AMMONIA-FUELED CONTAINERSHIP - BENEFITS AND RISKS: REED SMITH
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in principle from the American Bureau of Shipping for it ...
Friday, 14 July 23
CLEAN COAL USE KEY TO DEEP CUTS IN EMISSIONS, STABLE ELECTRICITY SUPPLY - CHINA DAILY
China must push for the clean use of coal and step up integration of the dirty fuel with carbon capture, utilization and storage to achieve sustain ...
Thursday, 13 July 23
VIETNAM'S COAL EMISSIONS PRIMED FOR SURGE AFTER IMPORTS JUMP - REUTERS
Vietnam’s thermal power emissions are primed for a steep climb this summer after the country’s imports of thermal coal soared to their ...
Monday, 26 June 23
COAL PRODUCTION AND CONSUMPTION UP IN 2022 - EUROSTAT
In 2022, EU coal production and consumption continued to increase, reaching 349 million tonnes (+5% compared with the previous year) and 454 millio ...
Wednesday, 21 June 23
QATAR STRIKES SECOND BIG LNG SUPPLY DEAL WITH CHINA - REUTERS
Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead i ...
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- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Australian Coal Association
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
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