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Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE


Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, a document from the energy and mines ministry showed on Wednesday.

The document, seen by Reuters, said the government will set a minimum percentage for domestic sales of coal and mineral each year.

This percentage will be calculated based on total domestic consumption of coal or minerals, divided by the total production of coal or minerals.

Coal and metal miners can export their products as long as they are able to meet the minimum percentage of coal or mineral sales to the domestic market, according to the document. To read more Reuters



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Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...


Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...


Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...


Tuesday, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS
India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18 ...


Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009  to China and 15. ...


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