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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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Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week..
globalCOAL index in Newcastle Port, benchmark for Asian mark ...
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...
Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...
Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy
As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...
Thursday, 05 January 12
DRY BULK MARKET TAKES A PLUNGE OF LOW ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected the first days of the new year are characterized by significantly low chartering across the board of the dry bulk market, pus ...
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- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Planning Commission, India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
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