COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST


Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post, one of the Indonesia's leading English news paper.

The paper further reported that, "There has been a growing discourse regarding coal exports. Rationally speaking, we have signed a working contract with coal mining companies and by that, they have to pay 45 percent of royalties and taxes," Gita told reporters on Wednesday.

"Then there is a plan to tax coal exports coming out of nowhere. This could be regarded as a violation of the signed working contract," he added.

According JP, Gita said that it would be irrational to impose other kind of taxes on companies that had already paid royalties and taxes.

The idea of imposing an export tax on coal was recently raised by Energy and Mineral Resources Minister Jero Wacik.

On Monday, while opening of Coaltrans Asia conference in Bali, Energy and Minerals Minister Jero Wacik said the country was looking into imposing levies on coal shipments to regulate the outflow of the mineral and save it for domestic use.

Accordign to COALspot.com, Indonesian government’s declared coal prices or know as HBA  has fell 5.36 percent in June 2012, to US$ 96.65 from May 2012 price or -18.80%  Y-o-Y.

The buyers of Indonesian coal were looking for low price from their counterpart. The during the Coaltrans Asia conference, Indonesian 3800 GAR coal was offered between US$ 38- 39 per MT against the bids of US$ 35-36 per MT. In the meantime 4200 GAR coal was bid at low 40.

Some Indian traders from India claimed that, they were successfully concluded 3800 GAR coal of East Kalimantan origin at below US$ 36/ MT for spot loading. The suppliers of Indonesian coal were struggling to keep their cash flow as well as their coal stock inventory due to low demand as well as low price.
(additional reports by COALspot.com)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 05 July 12
BUMI ACHIEVES HIGHER SELLING PRICE IN FIRST QUARTER
COALspot.com - PT Bumi Resources Tbk (BUMI), Indonesia's largest coal producer and exporter, has successfully maintained a higher sales margin, des ...


Tuesday, 03 July 12
DRY BULK MARKET INCHED FORWARD AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward at the beginning of the new week, prior to the US holidays regarding the celebration of the 4th of July, which is ...


Monday, 02 July 12
ORPHEUS STRENGTHENS REVENUE STREAM WITH NEW ROYALTY AGREEMENT AT THE B2 COAL PROJECT
Orpheus Energy (ASX:OEG) is pleased to advise that it has executed a life of mine Royalty Agreement with Indonesian mining contractor PT Debbia Mini ...


Monday, 02 July 12
DRY BULK DEMAND TO RISE TO 3.6 BILLION TONNES IN 2012, BUT NEW BUILDING DELIVERIES ARE
In its latest analysis on the dry bulk market fundamentals, DVB Bank said that dry bulk cargo demand is forecast to rise to approximately 3.6 billio ...


Sunday, 01 July 12
AUSTRALIAS CARBON TAX - SUNIL K KUMBHAT
COALspot.com - Climate Change Climate change and global warming have now become buzzwords the world over. The disastrous consequences for global ...


   933 934 935 936 937   
Showing 4671 to 4675 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • International Coal Ventures Pvt Ltd - India
  • Parliament of New Zealand
  • Electricity Generating Authority of Thailand
  • Carbofer General Trading SA - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Britmindo - Indonesia
  • Indika Energy - Indonesia
  • Tanito Harum - Indonesia
  • Mechel - Russia
  • Indian Oil Corporation Limited
  • Gujarat Sidhee Cement - India
  • Chamber of Mines of South Africa
  • CoalTek, United States
  • World Bank
  • Maheswari Brothers Coal Limited - India
  • Australian Coal Association
  • UOB Asia (HK) Ltd
  • Bangkok Bank PCL
  • Bahari Cakrawala Sebuku - Indonesia
  • Banpu Public Company Limited - Thailand
  • Fearnleys - India
  • Argus Media - Singapore
  • Inco-Indonesia
  • CIMB Investment Bank - Malaysia
  • Platou - Singapore
  • Clarksons - UK
  • Marubeni Corporation - India
  • Goldman Sachs - Singapore
  • PLN - Indonesia
  • Coastal Gujarat Power Limited - India
  • Indonesia Power. PT
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Lanco Infratech Ltd - India
  • Geoservices-GeoAssay Lab
  • Pendopo Energi Batubara - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • EIA - United States
  • SGS (Thailand) Limited
  • Tata Chemicals Ltd - India
  • Bank of America
  • Makarim & Taira - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Cement Manufacturers Association - India
  • Coaltrans Conferences
  • SASOL - South Africa
  • Rashtriya Ispat Nigam Limited - India
  • White Energy Company Limited
  • Antam Resourcindo - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Thiess Contractors Indonesia
  • Shree Cement - India
  • Barasentosa Lestari - Indonesia
  • Samsung - South Korea
  • CNBM International Corporation - China
  • Ministry of Finance - Indonesia
  • IHS Mccloskey Coal Group - USA
  • TNPL - India
  • Berau Coal - Indonesia
  • Platts
  • BRS Brokers - Singapore
  • Shenhua Group - China
  • Cardiff University - UK
  • Minerals Council of Australia
  • Asia Cement - Taiwan
  • Eastern Energy - Thailand
  • GVK Power & Infra Limited - India
  • Mintek Dendrill Indonesia
  • Sarangani Energy Corporation, Philippines
  • Agrawal Coal Company - India
  • Runge Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Surastha Cement
  • ASAPP Information Group - India
  • Indogreen Group - Indonesia
  • Sakthi Sugars Limited - India
  • Mitsui
  • CCIC - Indonesia
  • Peabody Energy - USA
  • KOWEPO - South Korea
  • Coal India Limited
  • Directorate General of MIneral and Coal - Indonesia
  • GNFC Limited - India
  • Gresik Semen - Indonesia
  • Electricity Authority, New Zealand
  • Bukit Asam (Persero) Tbk - Indonesia
  • Vale Mozambique
  • Wilmar Investment Holdings
  • Siam City Cement PLC, Thailand
  • Bharathi Cement Corporation - India
  • PLN Batubara - Indonesia
  • Kobe Steel Ltd - Japan
  • Arch Coal - USA
  • AsiaOL BioFuels Corp., Philippines
  • PowerSource Philippines DevCo
  • Neyveli Lignite Corporation Ltd, - India
  • Simpson Spence & Young - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Jatenergy - Australia
  • Kumho Petrochemical, South Korea
  • KEPCO - South Korea
  • Billiton Holdings Pty Ltd - Australia
  • Petron Corporation, Philippines
  • LBH Netherlands Bv - Netherlands
  • IOL Indonesia
  • Standard Chartered Bank - UAE
  • Holcim Trading Pte Ltd - Singapore
  • GB Group - China
  • Power Finance Corporation Ltd., India
  • IMC Shipping - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Latin American Coal - Colombia
  • SN Aboitiz Power Inc, Philippines
  • Cargill India Pvt Ltd
  • Bangladesh Power Developement Board
  • WorleyParsons
  • Coeclerici Indonesia
  • Karaikal Port Pvt Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Port Waratah Coal Services - Australia
  • Jaiprakash Power Ventures ltd
  • Barclays Capital - USA
  • Deloitte Consulting - India
  • Xindia Steels Limited - India
  • World Coal - UK
  • Total Coal South Africa
  • Ince & co LLP
  • Meralco Power Generation, Philippines
  • Maersk Broker
  • The University of Queensland
  • Siam City Cement - Thailand
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Indorama - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Metalloyd Limited - United Kingdom
  • Commonwealth Bank - Australia
  • Japan Coal Energy Center
  • Russian Coal LLC
  • Cebu Energy, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Rudhra Energy - India
  • Global Green Power PLC Corporation, Philippines
  • Qatrana Cement - Jordan
  • Directorate Of Revenue Intelligence - India
  • Australian Commodity Traders Exchange
  • Xstrata Coal
  • Gujarat Electricity Regulatory Commission - India
  • Malabar Cements Ltd - India
  • Mitra SK Pvt Ltd - India
  • Posco Energy - South Korea
  • Economic Council, Georgia
  • Jindal Steel & Power Ltd - India
  • Central Java Power - Indonesia
  • Bank of China, Malaysia
  • Idemitsu - Japan
  • JPMorgan - India
  • Ind-Barath Power Infra Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Permata Bank - Indonesia
  • Ambuja Cements Ltd - India
  • TANGEDCO India
  • Coalindo Energy - Indonesia
  • Baramulti Group, Indonesia
  • Cemex - Philippines
  • Orica Mining Services - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • TRAFIGURA, South Korea
  • Sical Logistics Limited - India
  • Panama Canal Authority
  • Mjunction Services Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Therma Luzon, Inc, Philippines
  • Africa Commodities Group - South Africa
  • Madhucon Powers Ltd - India
  • TeaM Sual Corporation - Philippines
  • Sindya Power Generating Company Private Ltd
  • Larsen & Toubro Limited - India
  • Timah Investasi Mineral - Indoneisa
  • The Treasury - Australian Government
  • PetroVietnam
  • Glencore India Pvt. Ltd
  • Samtan Co., Ltd - South Korea
  • Bayan Resources Tbk. - Indonesia
  • Energy Link Ltd, New Zealand
  • Essar Steel Hazira Ltd - India
  • NTPC Limited - India
  • Borneo Indobara - Indonesia
  • SRK Consulting
  • Planning Commission, India
  • Coal and Oil Company - UAE
  • Bhushan Steel Limited - India
  • Kaltim Prima Coal - Indonesia
  • Thailand Anthracite
  • Romanian Commodities Exchange
  • Kobexindo Tractors - Indoneisa
  • Cosco
  • Thai Mozambique Logistica
  • Pinang Coal Indonesia
  • Toyota Tsusho Corporation, Japan
  • Sojitz Corporation - Japan
  • ACC Limited - India
  • Aboitiz Power Corporation - Philippines
  • Credit Suisse - India
  • Parry Sugars Refinery, India
  • Reliance Power - India
  • Straits Asia Resources Limited - Singapore
  • Bulk Trading Sa - Switzerland
  • Indian School of Mines
  • Deutsche Bank - India
  • Rio Tinto Coal - Australia
  • London Commodity Brokers - England
  • TGV SRAAC LIMITED, India
  • ING Bank NV - Singapore
  • Infraline Energy - India
  • Indo Tambangraya Megah - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Enel Italy
  • Petrochimia International Co. Ltd.- Taiwan
  • Heidelberg Cement - Germany
  • Bukit Baiduri Energy - Indonesia
  • Georgia Ports Authority, United States
  • Manunggal Multi Energi - Indonesia
  • Attock Cement Pakistan Limited
  • Meenaskhi Energy Private Limited - India
  • GMR Energy Limited - India
  • Moodys - Singapore
  • New Zealand Coal & Carbon
  • ICICI Bank Limited - India
  • Central Electricity Authority - India
  • PTC India Limited - India
  • Vitol - Bahrain
  • Star Paper Mills Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Anglo American - United Kingdom
  • The India Cements Ltd
  • Global Coal Blending Company Limited - Australia
  • Adani Power Ltd - India
  • Independent Power Producers Association of India
  • RBS Sempra - UK
  • San Jose City I Power Corp, Philippines
  • DBS Bank - Singapore
  • Globalindo Alam Lestari - Indonesia
  • ANZ Bank - Australia
  • UBS Singapore
  • Thriveni
  • Ministry of Transport, Egypt
  • The State Trading Corporation of India Ltd
  • McConnell Dowell - Australia
  • Dalmia Cement Bharat India
  • Bhatia International Limited - India
  • Grasim Industreis Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Salva Resources Pvt Ltd - India
  • Humpuss - Indonesia
  • Energy Development Corp, Philippines
  • SUEK AG - Indonesia
  • CESC Limited - India
  • Indonesian Coal Mining Association
  • Aditya Birla Group - India
  • Binh Thuan Hamico - Vietnam
  • U S Energy Resources
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • APGENCO India
  • Mitsubishi Corporation
  • Adaro Indonesia
  • Asian Development Bank
  • KPMG - USA
  • Malco - India
  • Trasteel International SA, Italy
  • Kapuas Tunggal Persada - Indonesia
  • India Bulls Power Limited - India
  • Formosa Plastics Group - Taiwan
  • EMO - The Netherlands
  • Uttam Galva Steels Limited - India
  • Inspectorate - India
  • Altura Mining Limited, Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • MEC Coal - Indonesia
  • SMC Global Power, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Vizag Seaport Private Limited - India
  • Savvy Resources Ltd - HongKong
  • bp singapore
  • Ernst & Young Pvt. Ltd.
  • BNP Paribas - Singapore
  • MS Steel International - UAE
  • GN Power Mariveles Coal Plant, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Singapore Mercantile Exchange
  • Arutmin Indonesia
  • J M Baxi & Co - India
  • GHCL Limited - India
  • Intertek Mineral Services - Indonesia
  • Orica Australia Pty. Ltd.
  • Vedanta Resources Plc - India
  • Gupta Coal India Ltd
  • Medco Energi Mining Internasional
  • Edison Trading Spa - Italy
  • South Luzon Thermal Energy Corporation
  • Freeport Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Oldendorff Carriers - Singapore
  • SMG Consultants - Indonesia
  • Wood Mackenzie - Singapore
  • KPCL - India
  • Tamil Nadu electricity Board
  • Riau Bara Harum - Indonesia
  • Indian Energy Exchange, India
  • Thermax Limited - India
  • OCBC - Singapore
  • Leighton Contractors Pty Ltd - Australia
  • Videocon Industries ltd - India
  • VISA Power Limited - India
  • Mercator Lines Limited - India
  • Petrosea - Indonesia
  • Sucofindo - Indonesia
  • IEA Clean Coal Centre - UK
  • Noble Europe Ltd - UK
  • PNOC Exploration Corporation - Philippines
  • Bukit Makmur.PT - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Tata Power - India
  • ETA - Dubai
  • HSBC - Hong Kong
  • Merrill Lynch Bank
  • McKinsey & Co - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mercuria Energy - Indonesia
  • JPower - Japan
  • Ministry of Mines - Canada
  • NALCO India
  • Merrill Lynch Commodities Europe
  • Thomson Reuters GRC
  • Kideco Jaya Agung - Indonesia
  • Renaissance Capital - South Africa
  • Sree Jayajothi Cements Limited - India
  • Price Waterhouse Coopers - Russia
  • Maruti Cements - India
  • Coal Orbis AG
  • Sinarmas Energy and Mining - Indonesia
  • Bhoruka Overseas - Indonesia
  • Global Business Power Corporation, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • globalCOAL - UK
  • Maybank - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Lafarge - France
  • GAC Shipping (India) Pvt Ltd
  • Core Mineral Indonesia
  • Interocean Group of Companies - India
  • IBC Asia (S) Pte Ltd
  • Semirara Mining Corp, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Eastern Coal Council - USA
  • Iligan Light & Power Inc, Philippines