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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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Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
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- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
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