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Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
 The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Bukit Asam and PT Adaro has come to an end, with the verdict of the Supreme Court affirming the regency administration’s authority over the 24,752 hectare mining site that is located in the regency.
Deputy chief of the Supreme Court Farhan Berza revealed on Friday that the Supreme Court had decided to affirm the Lahat regent’s authority over the disputed mining site and that the copy of the decision made on Oct. 11 would be delivered to all conflicting parties, including publicly listed PT Bukit Asam.
“Bukit has to accept the Supreme Court’s verdict as final decision in the case because law is the supreme commander in this republic,” he said.
The Supreme Court made the decision to review, which was requested by Lahat Regent Syaifuddin Aswari Rivai in relation to the verdict of the State Administrative Court (PT TUN), which accepted Bukit Asam’s claim on the disputed site.
Lahat chief legislator Herliansyah hailed the Supreme Court’s verdict as the final decision that affirmed the regency administration’s authority over natural resources, including coal deposits and the mining site.
“The regency legislatures stand behind the regency administration’s decision, which has issued several coal work contracts in the past few years,” he said.
The regency administration has also issued a work contract to PT Mustika Indah Permai, owned by Adaro Group, but it suspended its operation following a lawsuit filed by Bukit Asam.
Adaro has acquired a 75 percent of Mustika Indah Permai’s stakes at a price of US$222.5 million from Elite Rich Investment Limited in order to improve its coal production. Adaro has secured several coal work contracts in South Kalimantan and has exported its coal production to China and Japan.
Source:The Jakarta Post (By Ridwan Max Sijabat)
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Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Minerals Council of Australia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
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