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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Technical Update, today, MoEMR regulation No.7/2012 and its amendments governs in-country mineral processinghas been revoked by country's Supreme court recently, this mean there are currently no rules to implement the in-country processing requirements, but the mining law is still in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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Monday, 18 November 13
SUB-BIT INDONESIA COAL SWAP LOST ON WEEK; MARGINALLY GAINED ON DAY
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 1.25 pmt month on month on Friday 15 Novemb ...
Sunday, 17 November 13
Q4' 14 API 8 CFR SOUTH CHINA COAL SWAP CLOSED $ 3.43 PMT (4.34 %) HIGHER THAN Q1' 14 SWAP
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.05 percept d-d on Friday 15 November 2013. The CFR South ...
Saturday, 16 November 13
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES FIRM DUE TO STRONG COAL ACTIVITIES
COALspot.com: The Cape and Panamax index was down this week and pulling down the BDI by about 5 pct. BDI was closed at 1507 points on Friday 1 ...
Friday, 15 November 13
DRY BULK MARKET STILL LINGERING ON, DESPITE PREDICTIONS OF NEW IMMINENT RALLY PRIOR TO THE YEAR'S END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn't yet managed to stage a new comeback after its retreat from the recent multiyear highs. Yesterday, the industry's benchm ...
Friday, 15 November 13
US COAL PRODUCTION UP 2.59% WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.8 million short tons (mmst) of coal in ...
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- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- The University of Queensland
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
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