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Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT Bukit Asam and the country’s second largest coal producer, PT Adaro Energy, on an overlapping mining area.
Director general for minerals and coal at the Energy and Mineral Resources Ministry Thamrin Sihite said that the government would wait for a legal decision on the dispute.
“The government will comply with the decision,” he told reporters after attending the launch of the Indonesian Coal Index (ICI) 5, a reference price for low-rank coal, in Jakarta on Thursday.
Overlapping mining areas often happened in the country after the implementation of regional autonomy, he reported.
“In many cases, regent A gives a mining permit to a company, but then regent B, who replaced regent A, also gives a permit for the same area to another company. That happens very often across the country,” said Thamrin.
He promised that the government would solve the problems of overlapping mining areas as soon as possible.
According to the ministry’s data, as of September, only 45 percent or 3,778 of 8,263 registered mining licenses (IUP) have the status of “clean and clear”, the remaining 4,485 licenses were problematic.
Bukit Asam and PT Mustika Indah, whose 75 percent share is owned by Adaro’s subsidiary PT Alam Tri Abadi, are currently in dispute over a mining area in South Sumatra. The case is now in the process of appeal process at the Supreme Court.
Bukit Asam sent a subpoena to Adaro on the disputed land. The company’s lawyer, Anton Dedi Hermanto, said earlier that Adaro claimed Mustika’s land did not overlap Bukit Asam’s mining areas.
He claimed that the mining right (KP) issued by the regent of Lahat for Mustika through the letter of authority number 540/65/KEP/PERTAMBEN/2005 with a total area of 2,742 hectares overlaps Bukit Asam’s exploration area.
The South Sumatra governor’s letter number 556/KPTS/PERTAMBEN/2004 which became Adaro’s reference did not eliminate the right of Bukit Asam over the exploration area of 26,760 hectares.
Source: The Jakarta Post
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Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size.
The BDI was up by 3.26 pct and closed at 1895 poin ...
Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...
Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories.
Insi ...
Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy
The Atlantic Supramax market experienced a steady and firm tendency this week. Especially the North Atlantic and Mediterranean position ...
Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...
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- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
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