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Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
 The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining projects, a business association says, as reported by The Jakarta Post.
“The development of new mining projects might be delayed due to the moratorium. Mining projects such as BHP’s project in Maruwai could be affected,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (ICMA), told reporters Wednesday.
BHP Billiton, the world’s largest mining company, and local partner PT Adaro Energy are developing the Maruwai coal project in East and Central Kalimantan and waiting for forest land-use permits from the government. BHP said their concession held 774 million tons of undeveloped metallurgical and thermal coal.
Supriatna added that the moratorium might also affect the existing companies who need to expand their concessions. “There are some companies whose forest land-use permits will expire within two years. They may have to stop operating,” he added.
The moratorium was still under discussion and the association had submitted their views to the Forestry Ministry, Supriatna added.
In late May, the government signed an agreement with Norway to implement a two-year moratorium on forest conversions to reduce carbon emissions.
In exchange, Indonesia will receive a US$1 billion grant to reduce deforestation.
The government is preparing a presidential decree to implement the agreement.
Indonesia Mining Association (IMA) executive director Priyo Pribadi Soemarno said he was more concerned about the draft presidential decree draft than the agreement with Norway .
“The agreement only says the moratorium is aimed at reducing emission by halting forest use permits for natural forests and peat forests. We fully support this as most mining operations in Indonesia are outside natural forests and peatlands,” Priyo said.
He added that the draft raised more concerns as there was an article stating that the government would review previously-granted concessions.
“This reflects an effort to withdraw what has been given and this will have a bad effect on investment,” Priyo said.
Even without the moratorium, many mining projects, such as the $500 million zinc and black tin project by Dairy Prima and the Elang copper project by PT Newmont Nusa Tenggara, have been in limbo for years due to permit problems, he said.
Both projects are stuck because the permits have not been granted yet by the government.
Priyo said that eight projects were in a similar situation.
“Around $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
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- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
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