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Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
 The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's instructions.
The Ministry of Energy and Mineral Resources has threatened to revoke mining business permits that do not carry out any activities at all. At least 2,350 business licenses that do not carry out any activities out of 5,600 mining business licenses that exist today, said katadata, a local media in its report.
The report further noted that, special Staff of the Mineral Resources for Mineral and Coal - Mining Management of Minister of Energy Irwandy Arif said that according to the instructions of the President of Indonesia, mining companies that do not carry out activities will have their permits revoked.
The katadata’s report further said, initially, the President requested 1,600 mining business permits, holders of Mining Business Permits (IUP), Coal Mining Concession Work Agreements (PKP2B), and Contracts of Work (KK) to have their permits reviewed. However, after the Ministry of Energy and Mineral Resources conducted a number of evaluations, it turned out that those who did not carry out activities actually exceeded 1600 permits.
Currently, the government is still evaluating all the problematic mining permits. Those who cannot carry out the activities will have their permit revoked. "It turns out that it's not 1,600, in fact there are 2,300 or closer to 2350 permits," said Irwandy in a virtual discussion, Friday (25/6).
For information, mining permits are no longer the authority of local governments. In accordance with Law Number 3 of 2020 concerning Mineral and Coal Mining or the Minerba Law, the central government took over the authority to issue or revoke permits. It is hoped that the presence of the regulation will reduce the complicated licensing process. At the same time, the government also issued Law Number 11 of 2020 concerning Job Creation. This omnibus law will facilitate the implementation of the one-stop licensing process and online single submission (OSS). The government is currently working on its derivative regulations. One that is being formulated is the draft government regulation (RPP) on the implementation of business licensing in the regions. It will contain technical requirements for simplification of low and medium risk business activities.
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Monday, 14 June 21
'WISHFUL THINKING': WHY CHINA NEEDS AUSTRALIAN IRON ORE FOR 'MANY YEARS' TO COME - YAHOO FINANCE AU
A “wintry period”.
That’s what’s expected to happen to Australia’s economy “when” China st ...
Sunday, 13 June 21
COAL AND LNG’S SURGE IN ASIA PLAYS INTO RENEWABLE ENERGY HANDS - REUTERS
Liquefied natural gas (LNG) and thermal coal prices in Asia have been roaring ahead in recent months amid strong demand, but while welcome news for ...
Friday, 11 June 21
5 REASONS GLOBAL SHIPPING COSTS WILL CONTINUE TO RISE - ING
No short-term relief
Shipping costs have been growing strongly since the autumn of 2020, but the first months of this year have seen a new surg ...
Friday, 11 June 21
ASIA COAL PRICES SURGE, BUT CHINA-AUSTRALIA DISPUTE MEANS RALLY IS UNEVEN - REUTERS
Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have don ...
Thursday, 10 June 21
INDONESIA COAL EARNINGS RECOVERY TO SLOW AFTER STRONG 1Q - FITCH RATINGS
Fitch Ratings expects the recovery in operating and financial performance of Indonesian coal miners and coal contractors to slow during rest of 202 ...
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- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Minerals Council of Australia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Planning Commission, India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
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