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Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts to attract investment in low-quality coal, a senior government official said on Monday.
Bigger coal producers holding contracts of work have struggled to compete with small producers holding a different contract, a mining authority licence (KP), for low-quality coal as they paid higher royalty, Bambang Setiawan, director general of mining, coal and geothermal at the energy and mines ministry, said.
"When the coal contractors join a tender, they can't compete with smaller producers because they pay higher royalties. So we are thinking of reducing royalties for coal-contract of works producers," Setiawan told reporters at the Coaltrans 3rd Coal Mining Operations and Economics conference in Jakarta.
Producers holding coal-contracts of work, whose output accounts for 80 percent of Indonesia's total coal output, pay a royalty of 13.5 percent for all types of coal.
Under the existing scheme, the government owns 13.5 percent of miners' total coal supplies. Miners have to relay the proceeds of the sale of the coal supplies back to the government.
Smaller producers that hold a mining authority licence (KP) -- a different type of mining permit issued by regional a government -- pay 7 percent royalty for high-quality coal, 5 percent for medium-quality coal and 3 percent for low-quality coal.
Indonesia's coal production is expected to reach 250-258 million tonnes of coal this year, the Indonesia Coal Producers Association has said.
Source:Reuters
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Wednesday, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...
Wednesday, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
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- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
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- Gujarat Electricity Regulatory Commission - India
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- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
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- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Australian Coal Association
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- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
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- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
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- LBH Netherlands Bv - Netherlands
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- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
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- Heidelberg Cement - Germany
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- Deloitte Consulting - India
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- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- PTC India Limited - India
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
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- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
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- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
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- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
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- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
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- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
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