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Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quoted by Thamrin Sihite, director general for mineral and coal, saying the policy is being finalized by various government agencies. Finance ministry, Trade ministry along with the Energy ministry is finalizing the new regulation.
"It is not an export tax, but export duty. The level of export duty, however, has yet to be decided," Thamrin said, according to Bisnis Indonesia. Some suggested 15%, others 25% and 50% export duty for minerals like nickel ore, bauxite ore, copper concentrate, etc.
The policy, will help to curb export of mineral ores. Fiscal Policy Board of Ministry of Finance also planning to utilize the funds collected from the export duty to use to build smelters.
Miners could still export unprocessed mineral ores until 12 January 2014, but they will be charged with export duty until a full-fledge ban on unprocessed mineral ore export.
"There were indications that the government is considering applying an export duty for coal only to low-calorie fuel, with a heating value of under 5,700 kcal/kg", industry players said. Coal export duty or tax also expecting to be introduced any time this year.
However the export duty or tax, which the government is planning to introduce to mineral and coal may applicable only for non CoW and CCoW holders as those contract holders were protected from any new rule changes in the sector.
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Saturday, 28 July 12
CAL 2013 COAL SWAPS ARE HIGHER COMPARED TO SEPT 2012 PRICES
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 0.47 percent on Friday (27 July 2012) closing DoD but lost 0.90 ...
Friday, 27 July 12
PACIFIC MARKET REMAINED FLAT - FEARNLEYS AS
Handy
The Atlantic market continued its downward trend from last week with what appears to be a summer lull across the board. A trip from the USG t ...
Wednesday, 25 July 12
BUKIT ASAMS H1 REVENUE JUMPED BY 13 PERCENT
COALspot.com - PT Bukit Asam (Persero), Tbk., the state owned coal miner's revenue in H1 2012, has jumped 13 percent to IDR 5.79 trillion (approxim ...
Wednesday, 25 July 12
BUMI RESOURCES MINERALS SECURED PINJAM PAKAI FOR ITS ZINC AND LEAD PROJECT
COALspot.com - PT Bumi Resources Minerals Tbk. ("BRMS" or "the Company") today reported that its 80% owned subsidiary, PT Dairi ...
Tuesday, 24 July 12
SHIP OWNERS WAITING FOR SHIP PRICES TO FALL FURTHER BEFORE MOVING IN MORE AGGRESSIVELY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the summer season already well under way and many ship owners getting ready for the autumn, the sale & purchasing activity of second hand v ...
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- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- PTC India Limited - India
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
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