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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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- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
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