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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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Thursday, 26 April 12
PANAMAXES AGAIN EARN MORE THAN CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of demand for Panamaxes has led the dry bulk market to new higher ground on Monday, with the Baltic Dry Index (BDI) reaching 1,090 ...
Wednesday, 25 April 12
CHINA IMPORTS 9.76 MMT AND INDIA IMPORTS 7.03 MMT OF INDONESIAN COAL LAST MONTH
COALspot.com: Indonesia, the world largest coal exporter, shipped 30.64* million tons of coal in March 2012, compared to 27.12* million tons i ...
Monday, 23 April 12
ALTURA ENTERS INTO AGREEMENT TO ACQUIRE 2 COAL PROJECTS IN SOUTH KALIMANTAN
COALspot.com - Altura Mining Limited (ASX: AJM) has announced that it has entered into an agreement to acquire a further two (2) Mining Permits (IUP ...
Sunday, 22 April 12
THE FREIGHT MARKET EXPECTED TO REMAIN FIRM NEXT WEEK - VISTAAR
COALspot.com - The BDI has broken the psychological barrier of 1000 points and closed at 1067 points.
The cape index was slightly down by 2.48 pc ...
Saturday, 21 April 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP 2.61 PERCENT THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps fell for a fifth day, according to DSP of SGX AsiaClear OTC Coal Swaps.
CFR South China Coal ...
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- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
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