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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Technical Update, today, MoEMR regulation No.7/2012 and its amendments governs in-country mineral processinghas been revoked by country's Supreme court recently, this mean there are currently no rules to implement the in-country processing requirements, but the mining law is still in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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Tuesday, 26 November 13
EWP INVITES COAL BIDS FOR 2014 - 2018 DELIVERIES
COALspot.com: Korea East-West Power Co. Ltd (EWP) invited bids to supply 130,000MT of min 5,600kcal/kg (Sub)-bituminous Coal on NCV basis for March ...
Tuesday, 26 November 13
NEWCASTLE COAL EXPORTS SLIP 22.62% W-W
COALspot.com: In the week ended November 25, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.26 ...
Monday, 25 November 13
THE SUB-BIT INDONESIA COAL SWAP MOVEMENT IN YEAR 2014 IS STILL FAR FROM PROMISING
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 2.54 pmt month on month on Friday 22 Novemb ...
Sunday, 24 November 13
CFR SOUTH CHINA COAL SWAPS FOR Q4' 14 DELIVERY PRICE SHOWS A NEGATIVE TREND WEEK ON WEEK AND FLAT ON D-D
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.13 percept d-d on Friday 22 November 2013. The CFR South ...
Sunday, 24 November 13
SUPRAMAX FREIGHT RATES REMAINED FIRM FROM INDONESIA TO INDIA AND CHINA - SOLYM
COALspot.com: The freight market was fairly steady except for the Supramax in SE Asia region which continued to remain firm. The BDI was down by 1.5 ...
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- Sojitz Corporation - Japan
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
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- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
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- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
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- Australian Coal Association
- Sical Logistics Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Jorong Barutama Greston.PT - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
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- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Indika Energy - Indonesia
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- Banpu Public Company Limited - Thailand
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- London Commodity Brokers - England
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- Aboitiz Power Corporation - Philippines
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- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
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- Coalindo Energy - Indonesia
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- Malabar Cements Ltd - India
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- Star Paper Mills Limited - India
- Economic Council, Georgia
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- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
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- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Medco Energi Mining Internasional
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- Ministry of Transport, Egypt
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- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
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- Kapuas Tunggal Persada - Indonesia
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- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Parliament of New Zealand
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- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
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- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
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- Wood Mackenzie - Singapore
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- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
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- The State Trading Corporation of India Ltd
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- Xindia Steels Limited - India
- Ministry of Mines - Canada
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- Planning Commission, India
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- The University of Queensland
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
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- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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