COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM


The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part because of a greater degree of certainty following the enactment of the mining law, the  Investment Coordinating Board (BKPM) says.

“The investment will come from all activities in mining including smelting,” BKPM chief M. Lutfi said, adding that the lion’s share would come from several large mining projects.

Those projects include a $4.6 billion nickel smelting plant in Halmahera, North Maluku, being built by a consortium of the state-owned PT Aneka Tambang (Antam) and three foreign companies.

Another project is a nickel project on Gag Island off Papua, which is also partly owned by Antam, Lutfi added.

Indonesia, the world’s largest archipelago, is rich in various mining resources including gold, copper, tin, coal, bauxite and nickel. However, investment in this sector has not fully recovered from the regional financial crisis of the late 1990s.

Last year, investment reached about $1.35 billion, 2.5 percent more than the $1.25 billion booked one year earlier.

As for this year, the government expects mining and geothermal projects to attract $2.15 billion worth of investment.

Of this target, around $250 million was secured in the first quarter of this year.

However, things would improve gradually in the following years with the enactment of the 2009 Mining Law, which has provided certainty for investors in the sector, Lutfi said.

Among other things, the law requires miners to process their metals domestically. For the existing contracts, miners have been given five years to prepare smelters.

Bambang Setiawan, the director general for coal, minerals, and geothermal energy, said the regulation would develop the sector’s downstream businesses.

“Smelter operators do not need to mine the minerals by themselves. They can source them from other areas and process them in Indonesia.

“This will help small miners, because they have no capacity to build smelters by themselves,”  Bambang said.

The government plans to issue a ministerial regulation setting out specific levels of processing required for each commodity, he added.

“Not all commodities can be processed to become end products. It would not be economically viable to build smelters for commodities that we only have small reserves of,” Bambang said.
Source: The Jakarta Post



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...


Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...


Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years Live Mint reported that, Essar Shipping ...


Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...


Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...


   1271 1272 1273 1274 1275   
Showing 6361 to 6365 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • ANZ Bank - Australia
  • IOL Indonesia
  • PLN Batubara - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Indika Energy - Indonesia
  • Oldendorff Carriers - Singapore
  • Credit Suisse - India
  • Pendopo Energi Batubara - Indonesia
  • Goldman Sachs - Singapore
  • Binh Thuan Hamico - Vietnam
  • Bahari Cakrawala Sebuku - Indonesia
  • Indonesia Power. PT
  • ICICI Bank Limited - India
  • OCBC - Singapore
  • bp singapore
  • PetroVietnam Power Coal Import and Supply Company
  • India Bulls Power Limited - India
  • Baramulti Group, Indonesia
  • SMC Global Power, Philippines
  • Therma Luzon, Inc, Philippines
  • Riau Bara Harum - Indonesia
  • MS Steel International - UAE
  • Interocean Group of Companies - India
  • Coal and Oil Company - UAE
  • Electricity Authority, New Zealand
  • Africa Commodities Group - South Africa
  • CCIC - Indonesia
  • White Energy Company Limited
  • Thomson Reuters GRC
  • Vale Mozambique
  • Toyota Tsusho Corporation, Japan
  • McConnell Dowell - Australia
  • Thai Mozambique Logistica
  • Star Paper Mills Limited - India
  • Ind-Barath Power Infra Limited - India
  • Eastern Energy - Thailand
  • Neyveli Lignite Corporation Ltd, - India
  • Coaltrans Conferences
  • Meralco Power Generation, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Directorate General of MIneral and Coal - Indonesia
  • Grasim Industreis Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mercuria Energy - Indonesia
  • Glencore India Pvt. Ltd
  • KPMG - USA
  • Savvy Resources Ltd - HongKong
  • Anglo American - United Kingdom
  • Maybank - Singapore
  • European Bulk Services B.V. - Netherlands
  • Kaltim Prima Coal - Indonesia
  • GMR Energy Limited - India
  • Bank of America
  • Billiton Holdings Pty Ltd - Australia
  • Price Waterhouse Coopers - Russia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Madhucon Powers Ltd - India
  • Indian Energy Exchange, India
  • Energy Development Corp, Philippines
  • Metalloyd Limited - United Kingdom
  • Lanco Infratech Ltd - India
  • Makarim & Taira - Indonesia
  • Electricity Generating Authority of Thailand
  • Deloitte Consulting - India
  • Central Java Power - Indonesia
  • Samtan Co., Ltd - South Korea
  • Sindya Power Generating Company Private Ltd
  • J M Baxi & Co - India
  • Sucofindo - Indonesia
  • Eastern Coal Council - USA
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Clarksons - UK
  • Semirara Mining Corp, Philippines
  • ETA - Dubai
  • Mitra SK Pvt Ltd - India
  • Xstrata Coal
  • PTC India Limited - India
  • SGS (Thailand) Limited
  • ACC Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • TGV SRAAC LIMITED, India
  • Rudhra Energy - India
  • Kobexindo Tractors - Indoneisa
  • Gujarat Electricity Regulatory Commission - India
  • JPower - Japan
  • APGENCO India
  • Merrill Lynch Commodities Europe
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • AsiaOL BioFuels Corp., Philippines
  • Freeport Indonesia
  • BNP Paribas - Singapore
  • Medco Energi Mining Internasional
  • Surastha Cement
  • Petrochimia International Co. Ltd.- Taiwan
  • Parliament of New Zealand
  • JPMorgan - India
  • Britmindo - Indonesia
  • Minerals Council of Australia
  • CoalTek, United States
  • Gupta Coal India Ltd
  • ASAPP Information Group - India
  • Power Finance Corporation Ltd., India
  • Malabar Cements Ltd - India
  • Peabody Energy - USA
  • Vijayanagar Sugar Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • Australian Coal Association
  • TNPL - India
  • Maruti Cements - India
  • Ernst & Young Pvt. Ltd.
  • Attock Cement Pakistan Limited
  • Coal India Limited
  • Asmin Koalindo Tuhup - Indonesia
  • CNBM International Corporation - China
  • Antam Resourcindo - Indonesia
  • Trasteel International SA, Italy
  • LBH Netherlands Bv - Netherlands
  • Argus Media - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Mitsui
  • Ince & co LLP
  • EIA - United States
  • Pinang Coal Indonesia
  • Berau Coal - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Larsen & Toubro Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • globalCOAL - UK
  • Coastal Gujarat Power Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • World Coal - UK
  • Banpu Public Company Limited - Thailand
  • UBS Singapore
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • NTPC Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • PowerSource Philippines DevCo
  • IBC Asia (S) Pte Ltd
  • WorleyParsons
  • Jatenergy - Australia
  • Siam City Cement - Thailand
  • Shree Cement - India
  • Adaro Indonesia
  • Coalindo Energy - Indonesia
  • The University of Queensland
  • KEPCO - South Korea
  • IEA Clean Coal Centre - UK
  • Commonwealth Bank - Australia
  • UOB Asia (HK) Ltd
  • Bhatia International Limited - India
  • Petrosea - Indonesia
  • Sakthi Sugars Limited - India
  • Total Coal South Africa
  • Arutmin Indonesia
  • Directorate Of Revenue Intelligence - India
  • Bhoruka Overseas - Indonesia
  • Ministry of Finance - Indonesia
  • Thailand Anthracite
  • Qatrana Cement - Jordan
  • Gujarat Mineral Development Corp Ltd - India
  • Samsung - South Korea
  • PLN - Indonesia
  • Aditya Birla Group - India
  • Cargill India Pvt Ltd
  • Rio Tinto Coal - Australia
  • Cosco
  • Vizag Seaport Private Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Port Waratah Coal Services - Australia
  • Borneo Indobara - Indonesia
  • Lafarge - France
  • Romanian Commodities Exchange
  • Enel Italy
  • MEC Coal - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Global Business Power Corporation, Philippines
  • Platts
  • Coeclerici Indonesia
  • South Luzon Thermal Energy Corporation
  • Karaikal Port Pvt Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Wilmar Investment Holdings
  • Chamber of Mines of South Africa
  • Meenaskhi Energy Private Limited - India
  • KOWEPO - South Korea
  • Petron Corporation, Philippines
  • GAC Shipping (India) Pvt Ltd
  • Adani Power Ltd - India
  • Orica Mining Services - Indonesia
  • U S Energy Resources
  • Kepco SPC Power Corporation, Philippines
  • CIMB Investment Bank - Malaysia
  • Platou - Singapore
  • Bukit Baiduri Energy - Indonesia
  • SASOL - South Africa
  • Russian Coal LLC
  • Formosa Plastics Group - Taiwan
  • Wood Mackenzie - Singapore
  • Tata Chemicals Ltd - India
  • Ambuja Cements Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • TRAFIGURA, South Korea
  • Planning Commission, India
  • Panama Canal Authority
  • Standard Chartered Bank - UAE
  • Core Mineral Indonesia
  • Australian Commodity Traders Exchange
  • Renaissance Capital - South Africa
  • Inco-Indonesia
  • Gresik Semen - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Orica Australia Pty. Ltd.
  • Infraline Energy - India
  • Sojitz Corporation - Japan
  • Kartika Selabumi Mining - Indonesia
  • Marubeni Corporation - India
  • Permata Bank - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Cardiff University - UK
  • Arch Coal - USA
  • DBS Bank - Singapore
  • Reliance Power - India
  • GVK Power & Infra Limited - India
  • Bangladesh Power Developement Board
  • Globalindo Alam Lestari - Indonesia
  • The Treasury - Australian Government
  • Tanito Harum - Indonesia
  • Humpuss - Indonesia
  • The State Trading Corporation of India Ltd
  • World Bank
  • Runge Indonesia
  • PetroVietnam
  • VISA Power Limited - India
  • GNFC Limited - India
  • Tamil Nadu electricity Board
  • Dalmia Cement Bharat India
  • San Jose City I Power Corp, Philippines
  • EMO - The Netherlands
  • McKinsey & Co - India
  • Barclays Capital - USA
  • Salva Resources Pvt Ltd - India
  • Straits Asia Resources Limited - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Maersk Broker
  • Kobe Steel Ltd - Japan
  • Parry Sugars Refinery, India
  • Cemex - Philippines
  • Fearnleys - India
  • The India Cements Ltd
  • BRS Brokers - Singapore
  • Vedanta Resources Plc - India
  • Thriveni
  • Economic Council, Georgia
  • Global Coal Blending Company Limited - Australia
  • Mechel - Russia
  • Tata Power - India
  • Indorama - Singapore
  • CESC Limited - India
  • Bukit Makmur.PT - Indonesia
  • Indian Oil Corporation Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • PNOC Exploration Corporation - Philippines
  • Mercator Lines Limited - India
  • TANGEDCO India
  • TeaM Sual Corporation - Philippines
  • SRK Consulting
  • Kumho Petrochemical, South Korea
  • Altura Mining Limited, Indonesia
  • Indonesian Coal Mining Association
  • SN Aboitiz Power Inc, Philippines
  • Bank of China, Malaysia
  • IHS Mccloskey Coal Group - USA
  • Coal Orbis AG
  • Bangkok Bank PCL
  • Essar Steel Hazira Ltd - India
  • Sical Logistics Limited - India
  • Mjunction Services Limited - India
  • Barasentosa Lestari - Indonesia
  • Manunggal Multi Energi - Indonesia
  • New Zealand Coal & Carbon
  • Geoservices-GeoAssay Lab
  • Moodys - Singapore
  • SMG Consultants - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Posco Energy - South Korea
  • SUEK AG - Indonesia
  • Inspectorate - India
  • Miang Besar Coal Terminal - Indonesia
  • Jaiprakash Power Ventures ltd
  • Aboitiz Power Corporation - Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Timah Investasi Mineral - Indoneisa
  • Maheswari Brothers Coal Limited - India
  • Simpson Spence & Young - Indonesia
  • Latin American Coal - Colombia
  • IMC Shipping - Singapore
  • Energy Link Ltd, New Zealand
  • Asia Cement - Taiwan
  • Carbofer General Trading SA - India
  • Ministry of Mines - Canada
  • Cement Manufacturers Association - India
  • Sarangani Energy Corporation, Philippines
  • Uttam Galva Steels Limited - India
  • Ministry of Transport, Egypt
  • London Commodity Brokers - England
  • RBS Sempra - UK
  • Bharathi Cement Corporation - India
  • Central Electricity Authority - India
  • Japan Coal Energy Center
  • NALCO India
  • Bhushan Steel Limited - India
  • Edison Trading Spa - Italy
  • Merrill Lynch Bank
  • Indian School of Mines
  • Gujarat Sidhee Cement - India
  • OPG Power Generation Pvt Ltd - India
  • Xindia Steels Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Malco - India
  • Deutsche Bank - India
  • KPCL - India
  • GB Group - China
  • Intertek Mineral Services - Indonesia
  • Independent Power Producers Association of India
  • Shenhua Group - China
  • GHCL Limited - India
  • Agrawal Coal Company - India
  • Mitsubishi Corporation
  • Cebu Energy, Philippines
  • Heidelberg Cement - Germany
  • HSBC - Hong Kong
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bayan Resources Tbk. - Indonesia
  • Mintek Dendrill Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Thiess Contractors Indonesia
  • Videocon Industries ltd - India
  • Thermax Limited - India
  • Noble Europe Ltd - UK
  • Kapuas Tunggal Persada - Indonesia
  • Asian Development Bank
  • Vitol - Bahrain
  • Idemitsu - Japan
  • Singapore Mercantile Exchange
  • Jindal Steel & Power Ltd - India
  • Siam City Cement PLC, Thailand
  • Georgia Ports Authority, United States
  • Indogreen Group - Indonesia
  • ING Bank NV - Singapore