We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Tuesday, 22 May 12
DRY BULK MARKET STEADY, AWAITING FURTHER RISE IN DEMAND WHICH IS DOUBTFUL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, the second and third quarters of the year are the strongest for the dry bulk market, but this year, things seem to be quite subdued, ...
Sunday, 20 May 12
SPOT FREIGHT RATE DIPS FURTHER - VISTAAR
COALspot.com - The BDI was marginally up by 3 points (0.26 pct) closing at 1,141 points.
The cape index was up by 1.17 pct closing at 1,633 point ...
Saturday, 19 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP US$ 2.88 PMT W-O-W
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries have drops this week by 3.86 percent and& ...
Saturday, 19 May 12
INDONESIAN EXPORT TAX GIVES COAL MINERS A CHEAP RIDE: ANALYSTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s policy to exclude coal from an export tax that has been applied to 14 other mineral commodities h ...
Friday, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...
|
|
|
Showing 4721 to 4725 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- White Energy Company Limited
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- The University of Queensland
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Minerals Council of Australia
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Planning Commission, India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
|
| |
| |
|