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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 $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Saturday, 14 August 10
INDONESIAN THERMAL COAL PRICES EXPECTED TO MOVE UP IN SEPTEMBER 2010 - CHAIRMAN ICMA
COALspot.com: Indonesian Coal Mining Association is expecting, the Indonesian and international coal prices will increase, and will be reached ...
Thursday, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...
Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy
Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...
Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...
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- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- The University of Queensland
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
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