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Wednesday, 11 December 13
THE INDONESIAN GOVERNMENT IS CONSIDERING SETTING A REGULATION ON THE MINIMUM PURITY TO REGULATE UNPROCESSED ORE BAN
COALspot.com: Energy and Mineral Resources Minister Jero Wacik recently proposed to house those mining (mineral) companies that had shown a commitment to build smelters ought to be exempted from the upcoming export ban on raw ore. However the proposal was rejected by house member of commission VII who is overseeing energy ministry. According to majority of members of commission VII, the mining companies had already been given more than four years to comply with the requirement; hence the export ban has to be implemented fully by 12 January 2014.
In the meantime, according to circular No. 04/M-DAG/ED/12/203 dated 9 December posted on minerba's website, says that the unprocessed ore export will be allowed until 12 January 2014. The circular was signed by Bachrul Chairi, the director general for foreign trade of Trade Ministry of Indonesia. It is mean, no unprocessed ore exports will be allowed after 12 January 2014.
However the industry players says, most of the country’s miners including large scale miners would be unable to comply with the law, which only allows the export of ore that has first been processed in domestic smelters beginning January 12' 2014. Constructing a smelter and a power plant are requiring a huge amount of fund, time and certainty of raw material supply.
As quoted by a local news paper, the government is still seeking a way, without breaking the law, to allow mining companies that have concrete plans to build smelters to still be able to export their ore.
Ali Mardi, partner of Pricewaterhouse coopers says, during PWC's Mining Breakfast Technical Update, today, MoEMR regulation No.7/2012 and its amendments governs in-country mineral processinghas been revoked by country's Supreme court recently, this mean there are currently no rules to implement the in-country processing requirements, but the mining law is still in force to ban the export.
In the meantime, the Trade Ministry’s director general for foreign trade, Bachrul Chairi, said Tuesday that the government was considering setting a regulation on the minimum purity threshold for processed ore produced by local mining companies, as quoted by the Jakarta post.
Country's mining sector particularly ore miners and exporters are awaiting a clear guidance or regulation from the government on unprocessed ore export ban by 12 January 2014, The planned raw ore export ban at the start of the new year, but government has yet to offer a concrete implementation statement.
Marwan Batubara of Indonesian Resources Studies (IRESS) said firmer official statements were necessary to give certainty to the market about the implementation of the mining law, as quoted by JP yesterday.
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Wednesday, 01 January 14
COAL & OIL TO SET UP ANOTHER 1,600 MW POWER PLANT IN INDIA - VENKATARAMANI
COALspot.com: Dubai-based Coal & Oil (C&O) Group is planning to make additional investment of around US$ 1.61 billion to set up 1,600 mega w ...
Wednesday, 01 January 14
DRY BULK CARRIER OWNERS ANTICIPATING AN EVEN STRONGER 2014 YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
To begin with, The Hellenic Shipping News Worldwide team would like to wish you all a Happy and Prosperous 2014! We begin the New Year with our firs ...
Tuesday, 31 December 13
INDONESIA'S COAL PRODUCTION COULD HIT 450 MMT IN 2014 - ICMA
COALspot.com: Indonesia, the fourth largest coal producer and largest coal exporter in the world, to increase coal output in year 2014 instead of th ...
Tuesday, 31 December 13
U.S. COAL PRODUCTION INCREASED WEEK ON WEEK, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.5 million short tons (mmst) of coal in ...
Tuesday, 31 December 13
MORE THAN $21 BILLION INVESTED IN SECOND HAND SHIP PURCHASES IN 2013
One thing that was apparent in the sale and purchasing markets during 2013 was the ship owners' larger appetite for vessel acquisitions, as most so ...
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- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Planning Commission, India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Bhatia International Limited - India
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
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