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

Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...


Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...


Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...


Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...


Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...


   1272 1273 1274 1275 1276   
Showing 6366 to 6370 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 ...

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