We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 06 May 12
EXPORT DUTY ON MINERAL FINALLY TO BECOME EFFECTIVE NEXT WEEK
.jpg) 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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
|
|
|
Showing 106 to 110 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Australian Coal Association
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
|
| |
| |
|
