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Tuesday, 01 September 09
EXPORT OF COAL RAW MATERIAL SHOULD BE REDUCED - INDONESIAN OFFICIAL
Antara reported that, Coal producing companies should reduce the volume of their export of coal raw material and increase the volume of their finished coal exports, a mining official said.
The Kotabaru head of the Mines and Energy affairs office, Akhmad Rivai said here on Saturday that export of the finished coal would bring about added value as well as give job opportunities to the local community.
"There will be much benefit if the coal is exported after being processed into the ready made goods for use," Rivai said.
Although this region has obtained royalty from the coal sale abroad, but the royalty value is not comparable with the risk of natural damage which become the regional spending burden, he said.
Earlier, Kotabaru regent H Sjachrani Mataja, said that the royalty and the Community Development program are not comparable with the bad impact of the mining activities faced by the regional administration.
"The coal mines caused massive impact, so if we (the local government) are not allowed to issue the regional rules of law, the central government is expected to tackle all problems arising such as the coal mining cases," Sjachrani Mataja said, adding that some 300 regional rulings will be nullified due to overlaping with the higher laws.
Meanwhile, Rivai said, with the endorsing of Law No.4/2009 about the minerals and coal mining in addition to substitute the law No.11/1967, this effort is also to increase the added value of the mine products.
"We also strongly support the statement of the Director of Environmental Engineering and Mineral, Coal and Geothermal, MS Marpaung who said it`s time to export the finished product," he said.
The mineral laws ban the export of raw materials and requires the processing. Rivai said that until the second quarter of 2009 the number of coal export by PT Arutmin Indonesia and PT Bahari Cakrawala Sebuku (BCS) reached 2.7 million tons.
PT Arutmin produced 1.8 million tons and the rest made by PT BCS totaling 858 thousand tons.Japan and South Korea are major importers of the South Kalimantan coal products.
Source: Antara
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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
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- Kartika Selabumi Mining - Indonesia
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- Interocean Group of Companies - India
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- Ministry of Transport, Egypt
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- International Coal Ventures Pvt Ltd - India
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- Trasteel International SA, Italy
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- Minerals Council of Australia
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- Price Waterhouse Coopers - Russia
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- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
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- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- White Energy Company Limited
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- Africa Commodities Group - South Africa
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- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
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- Manunggal Multi Energi - Indonesia
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- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
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- Petron Corporation, Philippines
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- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
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- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
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- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
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- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
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- Planning Commission, India
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- Siam City Cement PLC, Thailand
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- Wilmar Investment Holdings
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- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
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- Sinarmas Energy and Mining - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Eastern Coal Council - USA
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