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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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Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...
Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...
Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...
Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY
Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...
Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
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- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
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