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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, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian Mining law in 2009, miners have increased their activities in exploring , ex ...
Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and larg ...
Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...
Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...
Wednesday, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA
Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected th ...
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- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
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