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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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Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...
Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...
Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...
Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy
The Atlantic market kept its strong position from last week. Even with fewer fixtures reported. Fronthauls still around 25k, wit ...
Thursday, 03 November 11
DRY BULK MARKET OFFICIALLY IN THE RED ON LOWER CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept falling yesterday, on lower iron ore demand, which has caused the industry’s benchmark, the BDI (Baltic Dry Index) to ...
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- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Economic Council, Georgia
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- PTC India Limited - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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