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Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
 Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director General of Taxes, Darmin Nasution, in a press conference, there is no income tax received from the general mining sector as they keep on incurring losses. 31.3% OF TARGET In the period January-June 2009, coal production reached 72 million tons (31.3%) of the 230 million tons national target for this year. The Director General of Mineral, Coal and Geothermal, Bambang Setiawan, said 62 million tons come from Coal Contract of Work (CCoW) holders and 10 million tons from Mining Authorization (KP) holders.
75 million tons in a half year
The Director General of Mineral, Coal and Geothermal, Bambang Setiawan, cited the realization of coal sales in the first half of 2009 reached 75 million tons. Of this amount, 52 million tons were exported and 23 million tons for domestic consumption.
Mining PNBP Rp 7.2 trillion Information from the Director General of Mineral, Coal and Geothermal is that Non-Tax State Revenue (PNBP) from mining up to 30 June was Rp7.2 trillion. Rp43.7 billion is derived from dead rent, Rp4.88 trillion from royalty and Rp2.3 trillion from coal sales.
Not to participate in tender
The President Director of PT Tambang Batubara Bukit Asam, Sukrisno, said the company will not participate in the tender for procuring 3.26 million tons of low rank coal opened by PLN (Persero) under a 20-year contract due to limited transportation.
This year, PT Garda Tujuh Buana Tbk projected a production of 900,000 MT of coal, a jump compared to that in 2008 at 30,000 MT. The company is to export the entire production i.a. to Dynet International in Singapore. “Actually, their demand is 1.2 million tons,” said Business Development Director Socrates Rudi Sirait.
State Enterprise Holding Company not yet clear
The Secretary to the Minister of State Enterprises, Said Didu, predicts that the setting up of a holding company of state enterprises will not have been realized in October 2009, due to constraints of inter department coordination. The forming of a holding company is the mandate of Presidential Instruction No.5/2008 and should have been effective this year. The Presidential Instruction regulates rightsizing and restructuring of state enterprises.
Production up to 70 million tons
PT. Kaltim Prima Coal targets its coal production at 43 million tons this year and throughout 2012-2013 to rise to 70 million tons. According to KPC CEO Endang Ruchyat, the rise in production will be followed by the construction of a 2x100 MW power plant.
Awaits BHP Internal Evaluation
At the moment BHP Billiton is finalizing its internal evaluation on the option of releasing its ownership of the Maruwai coal project in Murung Raya regency, Central Kalimantan. “We are waiting for BHP to open an official tender on the sale of said asset,” said Bumi Resources Tbk spokesperson Dileep Srivastava.
Coal supply secured by PLN
Primary Energy Unit Head Nasri Sebayang is optimistic that coal supply for the 10,000 MW power plants phase I will not be short. A stock of some 5 million tons per year is being readied by a number of supplying companies.
Optimistic Target will be reached
Although until last May production was only 4.58 million tons or 36% of the annual target, the President Director of PT Tambang Batubara Bukit Asam, Sukrisno, is optimistic this year’s target of 12.7 million tons could be reached. “We shall try hard to produce 1.15 million tons per month” he said.
Royalty Remittance to Increase
The government is to optimize state revenue from the mining sector by raising the remittance of royalty from mining companies operating in Indonesia. Special Staff Member of the EMR Minister, Simon F. Sembiring, said the plan is still in the negotiation stage.
Pawning IUP prohibited
The Director of Mineral and Coal Business Development, Bambang Gatot Ariyono, asserted that mining companies are prohibited to pawn company shares or Mining Business License (IUP) to obtain funding loans. Such pawning is against Law No.4/2009 regarding Mineral and Coal Mining.
Source: Coalindo Energy
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Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...
Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland.
The terminal is now ...
Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...
Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...
Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
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- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
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