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
Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO


COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by Regulation No.11), introduced an export ban for unprocessed ore. This was for the intended purpose of ensuring an adequate supply of minerals for the domestic market and encouraging the development of domestic processing facilities. Further implementing regulations were issued during the year to provide more guidance on the requirements on the export of minerals.

In mid 2012, the Indonesian Nickel Association filed a judicial review to the Supreme Court against the restrictions imposed in Reg-7. A decision was issued in September, where the Supreme Court revoked several Articles in Reg-7 (being Articles 8(3), 9(3), 10(1) and 21). The exact details of the relevant decision however have not been made publicly available by the Supreme Court to date.

The first three articles that were revoked (i.e. Articles 8(3), 9(3) and 10(1)) mainly dealt with the requirement for approval from the Director General of Minerals and Coal (“DGMC”) in respect of “cooperation” for minerals processing and the need for consultation with the DGMC if the project is not economic or cooperation is not viable.

Article 21 dealt with the export ban on raw minerals and ore with effect from 6 May 2012. With the revocation of this article, the export ban is effectively lifted but it appears that the other requirements in relation to the export of raw minerals and ore are still in force (for example, the need for an export permit from the Ministry of Trade, an export “recommendation” from the DGMC and the payment of a 20% export duty).

In response to the above, the MoEMR is currently drafting a new regulation to govern this area. We will provide an update on the details of the Supreme Court decision, and the revised MoEMR regulation, in a future.

About Rita Susanto
Rita is a Manager with PwC Indonesia. She has been providing various tax services to multinational and domestic companies, focusing on the Energy Utilities and Mining sector. She has an in-depth knowledge of the full range of Indonesian tax issues, including corporate income tax, VAT and withholding taxes.

Publications related to the Indonesia Energy Utilities and Mining sector can also be accessed at
PwC Indonesia’s website

For further queries you can contact Rita at
rita.susanto@id.pwc.com



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

Recent News

Monday, 17 December 12
SHIP PRICES TO BOTTOM OUT IN 2013 SAYS GEORGE D. GOURDOMICHALIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship values especially in older tonnage, or even modern vessels with poor quality are expected to fall further during 2013, with the market as a who ...


Monday, 17 December 12
SYNERGISING WITH PIONEERS TO DEVELOP TOMORROW'S LATIN AMERICAN RAILWAYS
Press Release: Brazil being one of the largest country in South America has one of the most dynamic rail markets in the world. Rail transport in Bra ...


Sunday, 16 December 12
FREIGHT TREND SOFTENED THIS WEEK - VISTAAR
COALspot.com - The freight market further softened this week and closed at 784 points (down by 18.84 pct).  The cape index had the biggest fall ...


Friday, 14 December 12
GMR GROUP OF INDIA TO IMPORT 100K MT OF 4800 GAR COAL
COALspot.com: GMR Group of India to invite bids for 100,000 Metric Tons of imported non coking coal to be delivered during January and February 2013 ...


Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates ...


   891 892 893 894 895   
Showing 4461 to 4465 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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