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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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Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
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