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Sunday, 12 February 12
INDONESIA HAS ISSUED A REGULATION TO BAN THE EXPORT OF UNPROCESSED MINERALS AND METALS BY 2014
COALspot.com - The Indonesian government has finally issued a ministerial decree (7 Year 2012 dated 6 February 2012) to ban the export of unprocessed minerals and metals by 2014.
"The law aims forced the development of the manufacturing sector by compelling resources companies to process materials at home rather than offshore. Mining companies that fail to meet new rules in place from 2014 banning the export of unprocessed commodities will face the revocation of their mining license and the suspension of their shipping activities, a government deputy minister said on Friday," as quoted by Jakarta Globe.
The producers of commodities require to process materials within Indonesia rather than offshore. According to an executive from a domestic shipping company, unprocessed commodities ban will help domestic shipping industry's growth in coming years. “The producers of mineral and metals in Kalimantan island will transport their unprocessed commodities to the facilities in Java Island to process. It will increase domestic shipping activities,” commented an another barge owner cum operator, based in Jakarta.
Small scale mine owners are expected to use private smelting plants to get their commodities processed.
According to the regulation, the companies that breaching the ban would be hit with penalties, including halving their production entitlement, revocation of their mining licenses and temporary suspension of their shipping activities. The sanctions will be imposed by the minister, governor or regent. Big companies won’t have problems with the law, says industry players.
The law bans the shipment of unprocessed gold, nickel, tin, copper, silver, bauxite, iron ore, sand iron, nickel, manganese, antimony, and other commodities. Non-metal minerals such as calcite (limestone), feldspar, kaolin, bentonite, zeolite, silica (quartz sand), zircon, and diamond will also be affected.
However, the regulation was silent on coal export ban. The government is currently drawing up a regulation to ban the export of coal below 5,700 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.
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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- VISA Power Limited - India
- Medco Energi Mining Internasional
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- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
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- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
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- Sakthi Sugars Limited - India
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- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
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- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
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- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
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- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
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