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Wednesday, 14 March 18
NEW COAL PRICE FORMULA DOESN'T APPLY RETROACTIVELY: OFFICIAL - THE JAKARTA GLOBE
 The Energy and Mineral Resources Ministry has decided to change the implementation period of the new discounted price formula for coal sold to the domestic market, saying the policy had only taken effect since March 12 instead of the previous Jan. 1.
Through this decision, coal miners do not have to give compensation for state electricity firm PLN and independent power producers (IPPs) regarding the overpayment they made from Jan. 1 until March 11.
The change was made through the issuance of Decree No. 1410/2018 on Monday, a revision of Decree No. 1395/2018 that was introduced on last Friday.
“We made this change to simplify the financial administration report [of all parties involved],” the ministry’s mineral and coal director general Bambang Gatot Ariyono said Tuesday.
Through the issuance of the first decree, the ministry has capped the country’s coal reference price (HBA) used in the formulation of coal selling prices for domestic power generation at a maximum level of US$70 per ton until 2019.
The HBA is an average of four different price indexes coming from the previous month, namely the Indonesia Coal Index for coal with a calorific value of 6,500 kilocalorie/kilogram gross as received (GAR), the Platts Kalimantan for 5,900 kcal/kg GAR, as well as the Newcastle Export Index and the globalCOAL Newcastle Index, both for 6,322 kcal/kg GAR.
The ministry announces the HBA on a monthly basis to calculate the non-tax revenues that should be paid by mining companies and to determine the coal benchmark price (HBP) of all types of coal.
Source: The Jakarta Globe
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Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...
Tuesday, 27 March 18
SHIPPING MARKET ANALYSIS - GERRY LATHROP
With the almost complete phase out of Tier II new-building slots on our door step, along with the plethora of emissions related articles seemingly ...
Friday, 23 March 18
RIO TINTO AGREES SALE OF HAIL CREEK AND VALERIA TO GLENCORE FOR $1.7 BILLION
Press Release: Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and th ...
Wednesday, 21 March 18
CHINA'S RAW COAL OUTPUT UP IN 2017, FIRST GROWTH SINCE 2014 - XINHUA
China’s raw coal output rose in 2017 due to rebounding demand and high-quality capacity, according to the National Bureau of Statistics (NBS) ...
Wednesday, 21 March 18
MARKET INSIGHT - CHRISTOPHER T. WHITTY
President’s Trump administration proposed tariffs on steel and aluminum imports in an attempt to target China and Europe among others. Earlie ...
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- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Posco Energy - South Korea
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Indogreen Group - Indonesia
- PTC India Limited - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
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