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Thursday, 22 January 09
MINISTER: MINING LAW PROHIBITS RAW MATERIAL EXPORT - ESDM
The Coal and Mining Law, approved during the House of Representatives plenary meeting on December 16, 2008 seeks to domestically increase mining commodity value. Mining companies are required to process their products domestically and at the same time prohibited from exporting raw material. This is aimed at increasing state revenue, opening new job opportunities, and increase public welfare.
“The Mining Law prohibits the export of raw material. This is a major change in our natural resources management, which is approved by the House of Representatives plenary meeting on December 16, 2008” explains the Minister of Energy and Mineral Resources, Purnomo Yusgiantoro during the explanation on “Mining Law: A New Era in Mining” in Jakarta on Wednesday (21/1).
The Minister further explains that for more than 30 years, we have been exporting raw mining products overseas, while at the same time importing processed products such as nickel, silver, and other products at a much higher price. This Mining Law aims to change this condition for the benefit of the nation.
The minister further explains that this task will not be an easy one, “this will only be accomplished through commitment and hard work”. The minister reminds that according to the 1945 Constitution, all natural reserves including mineral and coal as an un-renewable resource must be managed wisely to benefit the whole nation.
According to the minister, this Mining Law will provide a larger opportunity for Indonesia and its people to improve their natural resource management. “There have been a lot of debates, discussions, and agreements that we have been through before this law was issued. Of course not all ideas and opinions are accommodated in this law, but I am certain that several important and strategic aspects needed to carry out article 33 verse 3 of that 1945 Constitution is governed by this law. One of these aspects includes keeping a good investment climate”.
Source: ESDM
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Friday, 06 March 09
POWER FIRMS HEAD TO INDONESIA FOR COAL
The Hindu Businessline reported that, The enactment of a new, more liberal, mining legislation in Indonesia is drawing coal-starved Indian power uti ...
Friday, 06 March 09
CHURCHILL STARTS REVERSE DRILLING AT INDONESIAN COAL PROJECT
Miningweekly reported that, Aim-listed minerals explorer Churchill Mining on Thursday stated that reverse drilling at its East Kutai coal project (E ...
Thursday, 05 March 09
UAE FUND PLANS INDONESIA COAL RAIL LINK
News.alibaba reported that, A United Arab Emirates' fund signed a memorandum of understanding on Monday (2 March 2009) with an Indonesian prov ...
Thursday, 05 March 09
CHINA COAL-PRICES LITTLE CHANGED DESPITE PLUNGE ABROAD
China's spot coal prices were little changed from a week earlier, despite the sharp fall in the international market, and demand for coal remains s ...
Thursday, 05 March 09
RAK TO BUILD COAL FIRED POWER STATION
The National Ras al Khaimah, which is developing a coal mine in Indonesia, will build a coal-fired power plant in the emirate in the next two years ...
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- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- White Energy Company Limited
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
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