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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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Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
Thursday, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...
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- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
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