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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
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Saturday, 09 October 10
9TH ASIA PACIFIC MINING CONFERENCE & EXHIBITION 13 14 OCTOBER 2010 AT SHANGRI-LA HOTEL, JAKARTA.
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Saturday, 09 October 10
SAIL SEEKS LONG-TERM COKING COAL SUPPLY FROM GLOBAL COMPANIES - BUSINESS STANDARD
State-owned Steel Authority of India (SAIL) Friday invited bids from global companies for long-term supply of coking coal to feed its expanding stee ...
Friday, 08 October 10
VESSEL OWNERS ARE RELUCTANT FOR INDONESIA TO INDIA COAL TRIPS - FEARNBULK
Handy
Last week ended with a flourish of activity as the Chinese tried to fix any prompt vessels before the Golden week festivities, and since the ...
Thursday, 07 October 10
MIRACH ENERGY GAINS RIGHTS TO EAST KALIMANTAN COAL MINE - THE EDGE SINGAPORE
The Edge Singapore reported that, Mirach Energy says it has gained the rights to produce and sell coal in an open-pit coal mine in Samarinda, the ca ...
Tuesday, 05 October 10
EWP SEEKING VIETNAMS ANTHRACITE COAL
COALspot.com: South Korea’s EWP is seeking Min 200,000MT of Vietnam coal with plus or minus 30,000MT at EWP’s (Korea East West Power Co ...
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- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Planning Commission, India
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- MS Steel International - UAE
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
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