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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Technical Update, today, MoEMR regulation No.7/2012 and its amendments governs in-country mineral processinghas been revoked by country's Supreme court recently, this mean there are currently no rules to implement the in-country processing requirements, but the mining law is still in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, 11 December 13
BDI REACHED A PEAK OF YEAR RECORD OF 2,237 POINTS WHICH IS A SIGNIFICANT CHANGE IN MARKET CONDITIONS
Getting closer to the end of 2013, it is important that we have a review of the course the market has taken these past 12 months by looking at the B ...
Tuesday, 10 December 13
HNL, AN INDIAN STATE-OWNED NEWSPRINT PAPER MAKER SEEKS 50K TONS OF INDONESIAN 5600 COAL
COALspot.com: Hindustan Newsprint limited (HNL), an Indian state owned news print paper producer invited bids to supply 50,000MT of min 5,200kcal/kg ...
Tuesday, 10 December 13
COLOMBIAN THERMAL COAL EXPORTS SLIPPED 25.54% M-M IN OCTOBER'13
COALspot.com: Colombia's Thermal coal exports in October dropped 25.54% month on month to 5,990,815.13 million mt, according to data from mining de ...
Tuesday, 10 December 13
NEWCASTLE COAL EXPORTS PLUNGE W-O-W
COALspot.com: In the week ended December 9, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.50 ...
Monday, 09 December 13
SOUTH AFRICA'S RICHARDS BAY COAL EXPORTS IN NOVEMBER DECLINED 14.43% M-M
COALspot.com: South Africa's Richards Bay coal terminal exported 6.224 million tonnes of coal in November, declining by 1.05 million tons from the ...
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- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
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