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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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Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Planning Commission, India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Parliament of New Zealand
- Romanian Commodities Exchange
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- The Treasury - Australian Government
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