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