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Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inferior to 5,100 kcal/kg, to be effective 2014. “ICMA disagrees over this. We oppose it and plead for its postponement,” said, ICMA’s Executive Director Suhala Supriatna.
The government is currently drawing up a regulation to ban the export of coal below 5,100 kcal/kg (adb). The implementation of the regulation is expected as of January 12, 2014, aiming that the coal with low-grade can be upgraded upfront prior to export.
According to Suhala, there is no demonstrably proven and reliable technology to upgrade low calorific value coal to higher-grade coal. Currently existing is negligible technology only as applied by a Japanese UBC at an Arutmin mine. Binderless Coal Briquetting plant (BCB Plant) constructed in Tabang mine, Indonesia, which is owned by PT Bayan Resources.
When the regulation is enforced, many low grade coal producers will face the problem.
Constructing coal upgrading technology is costly, requiring at least over US$75 million. That is why, it entails incentives, such as a reduction in coal royalty and taxes. “we have not yet proposed. How much will the royalty and taxes be,” Suhala said.
According to him, the regulation is being drafted by bureaucrats, but they don’t understood the business as this is a tough regulation to implement. He calls [the government’s attention] not to control and dictate investments.
He notes at least there will be four low-grade coal producers being affected as they are already in the production stage. Those four coal producers together might produce 5 million ton or more per annum.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com. Translated by WB
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Tuesday, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
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- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Planning Commission, India
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- VISA Power Limited - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Siam City Cement - Thailand
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