COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 08 October 10
INVESTORS STILL RELUCTANT TO ENTER DOWNSTREAM INDUSTRIES - THE JAKARTA POST


The Jakarta Post reported that, mining companies are showing a low level of enthusiasm to enter the downstream industries, as required by the 2009 Minerals and Coal Law, due to lack of incentive and unclear government policies, the Association of Indonesian Mining Professionals says.

The law stipulates that all mining companies are obliged to process their mining products in the country by no later than 2014. The law aims to promote the added value of the mining operations to the country’s economy.

Mining association chairman Irwandy Arif told The Jakarta Post that without attractive incentives, he was pessimistic that the companies would seriously comply with the law, moreover, the punishment for infringement was only administrative.

“Currently, only a company or two have seriously prepared to enter the downstream industries,” he said on the sidelines of the 4th Added Value Mining Indonesia Conference, Workshop and Exhibition at Ritz-Carlton Hotel in Jakarta on Thursday. He added that several companies had developed research or pilot projects to produce derivative products of their commodities, but claimed that none were ready to develop the products on an industrial scale.

Irwandy urged the government to create clearer guidelines and policies for companies to develop the downstream industries.

He said that a working group from his association was currently assisting the Energy and Mineral Resources Ministry in deliberating a new ministerial decree on detail rules and strategies to develop mining downstream industries.

“The draft will contain explanations on mechanisms on how mining companies should process their products,” he said. He took the example of the nickel commodity that he proposed had to be processed minimally into ferro or matte nickel.

Director General of Manufacturing Industry Base (BIM) for the Industry Ministry Panggah Susanto said that another factor hindering the development of the mining downstream industries was the uncertain supply of raw materials due to the country’s upstream industries low capacity as many mining companies exported their mineral production.

“Our industries [including mining] depend heavily on imported raw materials,” he said. He added that the government was seeking the best way to develop the capacity of upstream industries in supplying raw materials for downstream ones.

Beside the raw materials, energy supply, particularly electricity and gas, also became one decisive factor as to why investors and companies were reluctant to engage in mining downstream industries.

To tackle this problem, the government is now promoting the public-private partnership scheme to accelerate the development of infrastructure by focusing on energy and transportation sectors.

Panggah said the development of the mining downstream industries was vital to increase the country’s product competitiveness. He emphasized that in the current free-trade era, the country had to consistently improve the value and quality of its products to compete with more advance industrialized countries.

“We’re committed to supporting the development of the downstream industries by facilitating all proposal of incentives, developing human resource quality and promoting investments,” he emphasized. (rdf)
Source : The Jakarta Post

Share your coal & shipping news with COALspot.com

 



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...


Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...


Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up. The BDI was almost at sam ...


Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy The  Atlantic  markets  are  weak  and  remained  unusually  calm  after  the Thanksgiving ...


   1099 1100 1101 1102 1103   
Showing 5501 to 5505 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Cemex - Philippines
  • Kumho Petrochemical, South Korea
  • Banpu Public Company Limited - Thailand
  • Thiess Contractors Indonesia
  • Glencore India Pvt. Ltd
  • PLN Batubara - Indonesia
  • Arch Coal - USA
  • Bhoruka Overseas - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Australian Commodity Traders Exchange
  • Maybank - Singapore
  • Central Java Power - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Australian Coal Association
  • Core Mineral Indonesia
  • Salva Resources Pvt Ltd - India
  • EIA - United States
  • Global Green Power PLC Corporation, Philippines
  • bp singapore
  • Platou - Singapore
  • European Bulk Services B.V. - Netherlands
  • Rudhra Energy - India
  • Rashtriya Ispat Nigam Limited - India
  • Antam Resourcindo - Indonesia
  • Carbofer General Trading SA - India
  • Simpson Spence & Young - Indonesia
  • Bhushan Steel Limited - India
  • IMC Shipping - Singapore
  • The Treasury - Australian Government
  • Ambuja Cements Ltd - India
  • TANGEDCO India
  • KEPCO - South Korea
  • Merrill Lynch Commodities Europe
  • Mitsui
  • PLN - Indonesia
  • MS Steel International - UAE
  • Gujarat Mineral Development Corp Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • J M Baxi & Co - India
  • Semirara Mining Corp, Philippines
  • Indonesia Power. PT
  • Freeport Indonesia
  • U S Energy Resources
  • Dalmia Cement Bharat India
  • Riau Bara Harum - Indonesia
  • WorleyParsons
  • Inco-Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Indogreen Group - Indonesia
  • Jatenergy - Australia
  • KPCL - India
  • Siam City Cement PLC, Thailand
  • Madhucon Powers Ltd - India
  • Edison Trading Spa - Italy
  • Thriveni
  • Singapore Mercantile Exchange
  • GAC Shipping (India) Pvt Ltd
  • Electricity Authority, New Zealand
  • Formosa Plastics Group - Taiwan
  • ING Bank NV - Singapore
  • Ministry of Transport, Egypt
  • Savvy Resources Ltd - HongKong
  • Berau Coal - Indonesia
  • Indian School of Mines
  • Thomson Reuters GRC
  • Oldendorff Carriers - Singapore
  • Vale Mozambique
  • Bahari Cakrawala Sebuku - Indonesia
  • Jaiprakash Power Ventures ltd
  • Mitra SK Pvt Ltd - India
  • Star Paper Mills Limited - India
  • Videocon Industries ltd - India
  • Interocean Group of Companies - India
  • Maruti Cements - India
  • CESC Limited - India
  • MEC Coal - Indonesia
  • Medco Energi Mining Internasional
  • Independent Power Producers Association of India
  • Asian Development Bank
  • Humpuss - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Malco - India
  • OPG Power Generation Pvt Ltd - India
  • Siam City Cement - Thailand
  • Runge Indonesia
  • Eastern Coal Council - USA
  • PetroVietnam Power Coal Import and Supply Company
  • SN Aboitiz Power Inc, Philippines
  • Cosco
  • HSBC - Hong Kong
  • Toyota Tsusho Corporation, Japan
  • OCBC - Singapore
  • JPMorgan - India
  • Romanian Commodities Exchange
  • NALCO India
  • TRAFIGURA, South Korea
  • SRK Consulting
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Clarksons - UK
  • Xstrata Coal
  • Kepco SPC Power Corporation, Philippines
  • Coaltrans Conferences
  • Krishnapatnam Port Company Ltd. - India
  • Makarim & Taira - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Argus Media - Singapore
  • Mjunction Services Limited - India
  • ICICI Bank Limited - India
  • Shree Cement - India
  • PetroVietnam
  • Indian Energy Exchange, India
  • Tata Chemicals Ltd - India
  • McKinsey & Co - India
  • KOWEPO - South Korea
  • Credit Suisse - India
  • Directorate Of Revenue Intelligence - India
  • Idemitsu - Japan
  • Ministry of Finance - Indonesia
  • Bangkok Bank PCL
  • RBS Sempra - UK
  • Petron Corporation, Philippines
  • Vitol - Bahrain
  • Binh Thuan Hamico - Vietnam
  • SMG Consultants - Indonesia
  • Chamber of Mines of South Africa
  • Leighton Contractors Pty Ltd - Australia
  • IOL Indonesia
  • Essar Steel Hazira Ltd - India
  • Commonwealth Bank - Australia
  • Sical Logistics Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Barasentosa Lestari - Indonesia
  • London Commodity Brokers - England
  • Sree Jayajothi Cements Limited - India
  • NTPC Limited - India
  • Mechel - Russia
  • PowerSource Philippines DevCo
  • Aboitiz Power Corporation - Philippines
  • Tamil Nadu electricity Board
  • Karaikal Port Pvt Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Africa Commodities Group - South Africa
  • IBC Asia (S) Pte Ltd
  • BNP Paribas - Singapore
  • Asmin Koalindo Tuhup - Indonesia
  • Posco Energy - South Korea
  • Wilmar Investment Holdings
  • Coal Orbis AG
  • Maharashtra Electricity Regulatory Commission - India
  • Grasim Industreis Ltd - India
  • Thai Mozambique Logistica
  • Permata Bank - Indonesia
  • Gujarat Sidhee Cement - India
  • Coastal Gujarat Power Limited - India
  • World Bank
  • Minerals Council of Australia
  • Coalindo Energy - Indonesia
  • CoalTek, United States
  • Bharathi Cement Corporation - India
  • Indian Oil Corporation Limited
  • AsiaOL BioFuels Corp., Philippines
  • Straits Asia Resources Limited - Singapore
  • Arutmin Indonesia
  • Peabody Energy - USA
  • Pinang Coal Indonesia
  • Energy Development Corp, Philippines
  • Reliance Power - India
  • Port Waratah Coal Services - Australia
  • Adani Power Ltd - India
  • TNPL - India
  • Mercator Lines Limited - India
  • Indika Energy - Indonesia
  • Samtan Co., Ltd - South Korea
  • Energy Link Ltd, New Zealand
  • Shenhua Group - China
  • Bukit Makmur.PT - Indonesia
  • The State Trading Corporation of India Ltd
  • APGENCO India
  • Electricity Generating Authority of Thailand
  • Economic Council, Georgia
  • Russian Coal LLC
  • Britmindo - Indonesia
  • GB Group - China
  • Timah Investasi Mineral - Indoneisa
  • Kalimantan Lumbung Energi - Indonesia
  • Sojitz Corporation - Japan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Samsung - South Korea
  • Parliament of New Zealand
  • Therma Luzon, Inc, Philippines
  • GVK Power & Infra Limited - India
  • Global Coal Blending Company Limited - Australia
  • Global Business Power Corporation, Philippines
  • Miang Besar Coal Terminal - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Wood Mackenzie - Singapore
  • World Coal - UK
  • Noble Europe Ltd - UK
  • Lafarge - France
  • Petrosea - Indonesia
  • White Energy Company Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Standard Chartered Bank - UAE
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Sindya Power Generating Company Private Ltd
  • Geoservices-GeoAssay Lab
  • Tata Power - India
  • Coal and Oil Company - UAE
  • PNOC Exploration Corporation - Philippines
  • CIMB Investment Bank - Malaysia
  • Ernst & Young Pvt. Ltd.
  • Surastha Cement
  • Kobe Steel Ltd - Japan
  • Total Coal South Africa
  • ANZ Bank - Australia
  • Bangladesh Power Developement Board
  • Bulk Trading Sa - Switzerland
  • Central Electricity Authority - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • TNB Fuel Sdn Bhd - Malaysia
  • BRS Brokers - Singapore
  • Heidelberg Cement - Germany
  • Semirara Mining and Power Corporation, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Bank of America
  • Malabar Cements Ltd - India
  • Vizag Seaport Private Limited - India
  • Thailand Anthracite
  • globalCOAL - UK
  • Thermax Limited - India
  • Marubeni Corporation - India
  • Orica Australia Pty. Ltd.
  • GNFC Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Cardiff University - UK
  • Cargill India Pvt Ltd
  • ASAPP Information Group - India
  • Fearnleys - India
  • Attock Cement Pakistan Limited
  • Altura Mining Limited, Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Agrawal Coal Company - India
  • Price Waterhouse Coopers - Russia
  • Sucofindo - Indonesia
  • Japan Coal Energy Center
  • Tanito Harum - Indonesia
  • Goldman Sachs - Singapore
  • GHCL Limited - India
  • Sakthi Sugars Limited - India
  • Bhatia International Limited - India
  • Ince & co LLP
  • Moodys - Singapore
  • CNBM International Corporation - China
  • Latin American Coal - Colombia
  • DBS Bank - Singapore
  • Metalloyd Limited - United Kingdom
  • Cement Manufacturers Association - India
  • International Coal Ventures Pvt Ltd - India
  • Planning Commission, India
  • Platts
  • Mercuria Energy - Indonesia
  • India Bulls Power Limited - India
  • Rio Tinto Coal - Australia
  • Renaissance Capital - South Africa
  • ETA - Dubai
  • IEA Clean Coal Centre - UK
  • SMC Global Power, Philippines
  • Anglo American - United Kingdom
  • UBS Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Orica Mining Services - Indonesia
  • Xindia Steels Limited - India
  • Borneo Indobara - Indonesia
  • Vedanta Resources Plc - India
  • SGS (Thailand) Limited
  • Gupta Coal India Ltd
  • Infraline Energy - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Aditya Birla Group - India
  • Mintek Dendrill Indonesia
  • New Zealand Coal & Carbon
  • Eastern Energy - Thailand
  • Ind-Barath Power Infra Limited - India
  • Trasteel International SA, Italy
  • Mitsubishi Corporation
  • Kobexindo Tractors - Indoneisa
  • Maersk Broker
  • Barclays Capital - USA
  • LBH Netherlands Bv - Netherlands
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • San Jose City I Power Corp, Philippines
  • TGV SRAAC LIMITED, India
  • Indonesian Coal Mining Association
  • Coal India Limited
  • Parry Sugars Refinery, India
  • TeaM Sual Corporation - Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Deutsche Bank - India
  • SASOL - South Africa
  • Adaro Indonesia
  • GMR Energy Limited - India
  • JPower - Japan
  • VISA Power Limited - India
  • Power Finance Corporation Ltd., India
  • Bayan Resources Tbk. - Indonesia
  • Uttam Galva Steels Limited - India
  • Cebu Energy, Philippines
  • Gresik Semen - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • GN Power Mariveles Coal Plant, Philippines
  • Pendopo Energi Batubara - Indonesia
  • Indorama - Singapore
  • Qatrana Cement - Jordan
  • Panama Canal Authority
  • EMO - The Netherlands
  • South Luzon Thermal Energy Corporation
  • PTC India Limited - India
  • Intertek Mineral Services - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Indo Tambangraya Megah - Indonesia
  • Georgia Ports Authority, United States
  • Jindal Steel & Power Ltd - India
  • Larsen & Toubro Limited - India
  • CCIC - Indonesia
  • Lanco Infratech Ltd - India
  • Asia Cement - Taiwan
  • Kaltim Prima Coal - Indonesia
  • Merrill Lynch Bank
  • SUEK AG - Indonesia
  • Coeclerici Indonesia
  • The University of Queensland
  • Sarangani Energy Corporation, Philippines
  • Ministry of Mines - Canada
  • Maheswari Brothers Coal Limited - India
  • ACC Limited - India
  • Baramulti Group, Indonesia
  • Meralco Power Generation, Philippines
  • Inspectorate - India
  • KPMG - USA
  • Bukit Baiduri Energy - Indonesia
  • UOB Asia (HK) Ltd
  • Ceylon Electricity Board - Sri Lanka
  • Bank of China, Malaysia
  • The India Cements Ltd
  • McConnell Dowell - Australia
  • Deloitte Consulting - India
  • Enel Italy