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Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
 Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors to emphasize that the moratorium on the issuance of new mining licenses is still in place.
DGMC letter No. 809/30.01/DJB/2020 (“DGMC Letter 809/2020”), issued July 9, 2020, emphasizes the transitional provision of Article 173C of Law No. 3 of 2020 regarding Amendment to Law No. 4 of 2009 regarding Mineral and Coal Mining (“Law 3/2020”). Article 173C of Law 3/2020 contemplates a moratorium on the issuance of new mining licenses by both the Minister of Energy and Mineral Resources and Governors.
This new letter is subsequent to DGMC letter No. 742/30.01/DJB/2020 dated June 18, 2020 (“DGMC Letter 742/2020”), which also serves to emphasize the transitional provision of Article 173C of Law 3/2020 and contains similar provisions to DGMC Letter 809/2020. That earlier letter stipulated as follows:
1. Governors shall not issue new mining licenses (for mineral and coal mining) for six months as of June 10, 2020, the date Law 3/2020 was promulgated, or until the implementing regulations for Law 3/2020 are issued.
2. Governors may, however, continue to process, according to their legal authority, licensing and non-licensing applications submitted by holders of existing mining licenses, limited to:
a. conversion of mining business license (izin usaha pertambangan or “IUP”) for exploration to an IUP for Production Operation;
b. extension of existing licenses, including extension of IUP for Production Operation specifically for transportation and sales;
c. adjustment of existing licenses due to change of capital investment status;
d. approval and recommendation related to the exercise of supervisory and advisory functions for mineral and coal mining business activities, such as approval of annual workplan and budget, approval of Chief Mine Officer (Kepala Teknik Tambang) and/or Deputy Chief Mine Officer (Wakil Kepala Teknik Tambang), approval of blasting permit (Kartu Izin Meledakkan), and approval of storage for explosives.
In DGMC Letter 742/2020, the acting DGMC further states that Governors shall not process applications submitted to Governors prior to June 10, 2020, which licenses based on such applications have not been issued.
DGMC Letter 809/2020 and DGMC Letter 742/2020 were issued to implement the provisions of Article 173C of Law 3/2020.
It is worth noting that Article 35 (i) and (iv) of Law 3/2020 shifts the mining license issuing authority to the central government pending the issuance of regulations delegating such authority to regional governments. It remains to be seen what the consequence will be, if any, for the mining license moratorium if the six months lapse and no implementing regulations for Law 3/2020 are issued.
This publication is intended for informational purposes only and does not constitute legal advice. Any reliance on the material contained herein is at the user’s own risk. You should contact a lawyer in your jurisdiction if you require legal advice. All SSEK publications are copyrighted and may not be reproduced without the express written consent of SSEK.
If you believe an article violates your rights or the rights of others, please contact us.
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Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
...
Wednesday, 19 August 20
MISC MARKS ITS MAIDEN FORAY INTO MAJOR DEEP-WATER PROJECT IN LATIN AMERICA WITH MERO 3 FPSO
MISC Berhad (MISC) is pleased to announce its acceptance of Letter of Intent (LOI) from Petróleo Brasileiro S.A. (Petrobras) for the provisi ...
Wednesday, 19 August 20
MARKET INSIGHT - GEORGE LAIOS | INTERMODAL
Since the Covid-19 outbreak, governments and central banks around the globe have been using their ammunition and stimulus packages to keep their ec ...
Wednesday, 19 August 20
INDIA SAW A SHARP DECLINE IN ENERGY COAL IMPORTS IN JANUARY - JUNE 2020; –27 PER CENT YOY - BHP
Energy coal prices were weak in the second half of financial year 2020, BHP says in its Economic and Commodity Outlook FY20.
Accordi ...
Wednesday, 19 August 20
COAL PRICES TO REMAIN SUBDUED THIS FISCAL AMID WEAK DEMAND, HIGH INVENTORY - THE HINDU BUSINESS LINE
Coal offtake is improving gradually as lockdown eases
Coal prices are expected to remain subdued to weak demand and high inventory l ...
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- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
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