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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Technical Update, today, MoEMR regulation No.7/2012 and its amendments governs in-country mineral processinghas been revoked by country's Supreme court recently, this mean there are currently no rules to implement the in-country processing requirements, but the mining law is still in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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Friday, 13 December 13
HARD COAL : VOLUMES POSSIBLY AT RECORD-BREAKING HIGH; PRICES POSSIBLY AT A RECORD-BREAKING LOW - VDKI
Press Release : World Hard Coal Market 2013: volumes possibly at record-breaking high, prices possibly at a record-breaking low. German and UK impor ...
Friday, 13 December 13
DRY BULK SHIPPING TO WITNESS HEALTHY DEMAND MOVING FORWARD - ICS
The Institute of Chartered Shipbrokers Greek Branch organised its 9th Annual Forum at Eugenides Foundation, on Wednesday, 11th of December, with a r ...
Friday, 13 December 13
US PRODUCED APPROXIMATELY 18.4 MILLION SHORT TONS OF COAL W/E 7 DECEMBER 2013
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.4 million short tons (mmst) of coal in ...
Thursday, 12 December 13
GREAT EXPECTATIONS SANCTIONED - EVA TZIMA
News that sanctions on Iranian oil exports could be lifted sometime in the following months have shaken the markets recently. One of the world&rsquo ...
Thursday, 12 December 13
DRY BULK MARKET RATES FOR CAPESIZES TO REMAIN VOLATILE SAYS BIMCO
The dry bulk market has reached multi year highs this week, as the BDI is standing at the 2,300-point mark. In its analysis of the market, BIMCO pre ...
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- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- PTC India Limited - India
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
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