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Monday, 09 June 14
GOVT GETS TOUGH ON ILLEGAL MINING, SUSPENDS LICENSES - THE JAKARTA POST
 The government has temporarily suspended the licenses of 62 mineral and coal transportation companies as part of its efforts to curb illegal mining activities, the jakarta post has reported.
The transportation companies were given 30 days to report the source of their products and to where they were destined. Otherwise, the licenses will fully be revoked.
The 62 companies were some of the 78 firms that had been given third warning letters for their failure to report their activities. Some 136 other companies were issued first and second warning letters.
“I’m worried that the goods are from illegal mining, which is why they are not wanting to report [their activities] to us. We have set a 30-day deadline for the reports or we will revoke their licenses,” said Energy and Mineral Resources Ministry director general for mineral and coal Sukhyar.
There are currently around 750 mineral and coal transportation license holders.
The output of many ores have declined after the ban on the export of unprocessed minerals, which started on Jan. 12.
Meanwhile, according to figures from the Energy and Mineral Resources Ministry’s mineral and coal directorate, coal production reached 110 million tons in the first three months of the year, increasing roughly 4.5 percent compared to 105 million tons in the same period last year.
The ministry is expecting flat growth of coal output this year at 421 million tons, similar to last year’s growth. However, industry players are predicting that the output will be higher due to growing demand, including from Japan, which recently shut down its nuclear power plants.
Moreover, illegal coal mining activities will continue to flood the global market, the deputy chairman of the Indonesian Coal Mining Association, Herman Kasih, has said.
Based on the association’s study, illegal mining activities stole 56 million tons of coals in 2012, contributing to a prolonged oversupply in the global market.
As part of attempts to minimize illegal coal activities, Sukhyar said late last month that his office mulled limiting coal trading to 14 dedicated ports in Sumatra and Kalimantan, where most coal mining takes place.
Meanwhile, coal association chairman Bob Kamandanu, late last week agreed that the plan to establish dedicated terminals for coal trading would be a good idea.
“However, the terminals cannot be too far from the mining areas, as that would make it uneconomic,” Bob said.
He added that the terminals would have to accommodate around 40 million tons and be complete with supporting facilities, such as customs offices, so that companies would be willing to use them.
Source: The Jakarta Post
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Monday, 23 June 14
INDONESIAN COAL SWAP FOR Q3 DELIVERY LOST 8.60% Y-O-Y;4.80% M-O-M
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
Monday, 23 June 14
COAL SWAPS DROPS FURTHER MONTH ON MONTH ON WEAK DEMAND
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 6.91 percent month on month and closed at US$ 69.00 per mt a ...
Sunday, 22 June 14
THE PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA SLIPPED THIS WEEK
COALspot.com: The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell slightly on Friday ...
Friday, 20 June 14
DRY BULK MARKET LOOKING FOR UPSIDE ON ROBUST SEABORNE IRON ORE TRADE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn’t been able to justify the heightened expectations this year. Yesterday, the Baltic Dry Index managed to inch forwar ...
Friday, 20 June 14
US WEEKLY COAL PRODUCTION DROPS 1.8% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
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- Africa Commodities Group - South Africa
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- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
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- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
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- Coal and Oil Company - UAE
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
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- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
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- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Ministry of Mines - Canada
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- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
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- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
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- Mintek Dendrill Indonesia
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- Australian Coal Association
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- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
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- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
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- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
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- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
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- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- PTC India Limited - India
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- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
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- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
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- Trasteel International SA, Italy
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