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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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Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...
Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...
Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...
Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessm ...
Thursday, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production.
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- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
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- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
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- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- VISA Power Limited - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- PTC India Limited - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
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