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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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Wednesday, 18 July 12
SHIP PRICES HAVE FALLEN RAPIDLY THIS YEAR, FAVORING INVESTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The price for a 5 year old Capesize dry bulk carrier of 172,000 dwt has fallen to about $33,4mil from $42.9 at the end of June 2011, while at end of ...
Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...
Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...
Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...
Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...
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- Parliament of New Zealand
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- London Commodity Brokers - England
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- VISA Power Limited - India
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
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