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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
 The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic demand, especially for electricity generation, an official said.
"The figure is based on our estimate of the domestic demand for coal," Bambang Setiawan, director general for coal, minerals and geothermal energy at the Energy and Mineral Resources Ministry, told reporters Wednesday.
The export cap will be included in a government regulation on domestic market obligations (DMO).
"We expect the regulation on the DMO to be concluded this year," Bambang said.
According to Bambang, national coal production this year is targeted at 230 million tons. He said that as much as 161.5 tons of this total were for export and the remaining 68.5 tons were for the domestic market.
The Indonesian Coal Producers Association has estimated national coal production will reach 250 million tons this year while the domestic demand will reach 50 million tons.
Bambang said the domestic demand would increase significantly in the upcoming years as power plants from the government's 10,000 megawatt electricity crash program would begin operation in 2011.
He said the coal demand from the power sector in 2011 would be somewhere between 65 million and 70 million tons a year, up from 40 million to 46 million tons this year.
Bambang also announced a government plan to provice incentives for low-calorie coal producers.
Bamband said the government plans to reduce the percentage of the so-called coal production fund (DHPB), which basically consist of development fee and royalty paid to the government.
The government requires low-calorie coal producers to pay the DHPB as much as 13.5 percent of their sales revenue.
Bambang said the Energy and Mineral Resources Ministry proposed to reduce the DHPB for low-calorie coal producers from 13.5 percent to around 7.5 percent. The reduction will only be taken from the development fee, while the royalty will remain at 3 percent.
"This proposal still needs to be discussed further with the Finance Ministry," Bambang said.
Source: The Jakarta Post
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Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...
Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...
Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...
Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...
Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
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- Sree Jayajothi Cements Limited - India
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- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
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- The State Trading Corporation of India Ltd
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- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- VISA Power Limited - India
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- Latin American Coal - Colombia
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- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
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- European Bulk Services B.V. - Netherlands
- Planning Commission, India
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- Price Waterhouse Coopers - Russia
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- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
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- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
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- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
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- Economic Council, Georgia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
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- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
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- Metalloyd Limited - United Kingdom
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- White Energy Company Limited
- Medco Energi Mining Internasional
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- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
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- SMC Global Power, Philippines
- PTC India Limited - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
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- Energy Development Corp, Philippines
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- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Parliament of New Zealand
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- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
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