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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Technical Update, today, MoEMR regulation No.7/2012 and its amendments governs in-country mineral processinghas been revoked by country's Supreme court recently, this mean there are currently no rules to implement the in-country processing requirements, but the mining law is still in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, 20 November 13
TAIPOWER TO IMPORT 0.825 MMT OF 5000 GAR COAL FOR Q2' 14
COALspot.com: Taiwan Power Company intends to procure 825,000 metric tons of general sub-bituminous coal with calorific value not lesser than 5,000 ...
Wednesday, 20 November 13
CAPES AND PANAMAXES SOFTENING; SMALLER SIZE SEGMENTS FIRMING FURTHER - INTERMODAL
Chartering (Wet: Firm+ / Dry: Stable- )
The BDI has closed off the week on the red, with rates for Capes and Panamaxes softening and those fo ...
Tuesday, 19 November 13
INDONESIAN GOVERNMENT'S DECLARED COAL PRICE REFERENCE UP 1.98% IN NOVEMBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 1.52 / MT ...
Tuesday, 19 November 13
WEEKLY COAL EXPORTS FROM NEWCASTLE PORT INCREASED BY 20.59%
COALspot.com: In the week ended November 18, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.92& ...
Tuesday, 19 November 13
SHIP OWNER POUR MORE MONEY INTO DRY BULK CARRIER ACQUISITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent dry bulk market's rally, coupled with an expected fall in oversupply and robust cargo demand has boosted ship owners' optimism on the l ...
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- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Anglo American - United Kingdom
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- MS Steel International - UAE
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Planning Commission, India
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
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