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Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targeted this year’s coal production to between 340 million and 360 million tons said,the Indonesian coal mining association.
“If between October and December, rainfall is high, total production may be around 340 million. But if everything goes well, production may reach to 370 million tons,” chairman of ICMA Bob Kamandanu told reporters on the sidelines of the Indonesian Mining Conference & Exhibition 2011 in Jakarta.
Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 percent higher than 2011 allocations. DMO requires coal producers to sell a part of their production to local buyers.
According to the Energy and Mineral Resources Ministry, domestic coal needs in 2012 would be reached to 82.07 million tons, comprising 63.84 million tons for coal-fired power plants, 12.23 million tons for cement, fertilizer, pulp and textile industries.
Out of the 63.84 million tons of coal allocated for generating electricity, 57.20 million tons is allocated to state electricity company, 10.76 million tons to IPPs, 0.83 million tons to PT Freeport Indonesia, 0.54 million tons for PT Newmont Nusa Tenggara and 0.19 million tons for PT Pusaka Jaya Palu Power.
To date, only 63 coal mining companies are obliged to comply with the DMO.Out of the 63 coal companies, 40 companies are holders of CCoW and 22 companies are IUP OP holders.
According to Energy and Mineral Resources Ministry In 2012, total 63 coal mining companies will be obliged to sell 82.07 million tons of coal or 24.72 percent of total estimated Indonesain coal production (government estimation was 332 million tons) to domestic users under the DMO ruling.
In 2012, the Indonesian government set the production target at 332 million tons, while the ICMA forecasted that the out put of coal may hit 380 million tons, which is 14.45 percent higher than government's estimation.
Indonesia governemnt may officially apply a ban on low-grade coal exports by 2014. To anticipate the regulation, ICMA revealed that two coal upgrade facilities are ready to be installed in South Kalimantan and South Sumatra in 2012 and 2014, respectively, as quoted by media. However, no further details given on either upgrading technology that to be used,the total investment or capacity of upgrading facilities.
"If the regulation is implemented, then the impact will be tremendous, because there are 150 million tons of coal low calorific value coal (below 5700 gad coal) that cannot be exported," Chirman of ICMA said earlier. Hence if the coal below 5700 calorific value on ADB basis banned for export, then the coal upgrading facilities to be installed must have the capacity to upgrade higher volume of coal yearly.
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Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...
Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy
The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...
Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...
Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment.
The five-year surge ...
Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...
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- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Aditya Birla Group - India
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