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Wednesday, 22 February 12
RAW COMMODITY EXPORT BAN SPARKS SMELTER BUILDING BOOM IN INDONESIA ANTARA / THE JAKARTA GLOBE
 Antara / The Jakarta Globe reported that, as the government gears up to ban all exports of unprocessed commodities, Indonesia will see 12 new smelters in operation by the end of 2014, a senior ministry official said on Tuesday.
The smelters, which will help process the nation’s mineral and coal output, are owned by local and international companies, said Thamrin Sihite, the director general of mineral and coal at the Ministry of Energy and Mineral Resources.
In Cilegon, Banten province, steel billets producer Indoferro will build a smelter with a processing capacity of up to 500,000 tons of sponge iron per year. It is expected to be in operation sometime this year, Thamrin said.
DH Energy and its affiliated coal miner will also build a coal upgrading facility to produce up to five million tons of high-calorific value coal products for the export market by 2013.
State-miner Aneka Tambang (Antam) will build smelters in Halmahera, North Maluku, to produce 27,000 tons of ferronickel annually; in North Konawe, Southeast Sulawesi, for 120,000 tons of “pig iron” annually; and in Mempawah, West Kalimantan, for one million tons of smelter-grade alumina. The smelters are expected to be ready in 2014.
Ferronickel, pig iron and smelter-grade alumina are all processed commodities .
A joint venture between Antam and two Japanese companies, Showa Denko and Marubeni Corporation, will produce 300,000 tons of chemical-grade alumina annually with a smelter in Tayan, West Kalimantan.
Krakatau Steel and South Korea’s Posco are also teaming up to build a plant that will produce 3.5 million tons of steel plate, 2.5 million tons of slab steel and 3 million tons of hot rolled coil. Operations are targeted to begin in 2014.
The government earlier this month issued a regulation to implement a new law that will ban the export of unprocessed commodities.
The ban will begin in May for miners in the processing stage and in three years for those in the exploration stage.
Companies that breach the regulation will face sanctions,including the revocation of their mining licenses and the suspension of their shipping activities.
The government said earlier that it expects all raw minerals to be processed prior to shipment by 2014.
Source: Antara / The Jakarta Globe
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Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...
Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES
8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongka ...
Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...
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 ...
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- The State Trading Corporation of India Ltd
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- Romanian Commodities Exchange
- VISA Power Limited - India
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- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
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- Port Waratah Coal Services - Australia
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- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
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- SMG Consultants - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Asmin Koalindo Tuhup - Indonesia
- Formosa Plastics Group - Taiwan
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- Toyota Tsusho Corporation, Japan
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- Indian Oil Corporation Limited
- Posco Energy - South Korea
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- Bulk Trading Sa - Switzerland
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- Economic Council, Georgia
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- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
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- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Binh Thuan Hamico - Vietnam
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Latin American Coal - Colombia
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- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
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- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
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- The University of Queensland
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- Energy Development Corp, Philippines
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- Bukit Makmur.PT - Indonesia
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- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
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- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
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- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
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- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
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- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
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- Australian Coal Association
- Australian Commodity Traders Exchange
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- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
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- Sindya Power Generating Company Private Ltd
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