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Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
 Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal Mining Companies (APBI).
APBI`s chief public relations officer, Herman Heru Suprob, said here on Wednesday the 2010 target was higher than last year`s which reached 254 million metric tons of which 85 percent was contributed by APBI members.
"If all goes well, we believe production in 2010 will reach 275 million to 280 million metric tons," he said.
Herman admitted the industry had had to deal with various problems in 2009 so that it was unable to reach its production target and even produced 20 percent less than the year before.
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"If all goes well, we believe production in 2010 will reach 275 million to 280 million metric tons"
- Herman Heru Suprob
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One of the problems, he said, was licensing, particularly for mining in forested areas, a process that could take between six and 12 months to complete.
He said this had happened because of lack of coordination between the central administration, in this case the energy and mineral resources ministry and regional administrations as well as between provincial and district administrations.
"The industry would suffer if they would go by themselves and become sector- ego-sectoral," he said.
He said the condition would increase potential loss in the industry.
Some companies have even postponed their investment plan due to a lack of legal certainty in the sector that needs huge investment, he said.
"Every office feels to have an authority with regard to mining licensing and it has confused investors," he said.
Regarding the government`s plan to issue new regulations in the forestry sector that would be connected with mining, Herman said he hoped they could be issued immediately.
The new regulations that will be connected with upstream gas and oil activities and mining in the forestry sector are the government regulation on forestry land use and the government regulation on change of forestry land use and function.
In addition to them there will also be a regulation on non-tax state revenue from forestry land opening and a presidential regulation on underground mining.
He said the regulations which had become the program of the first 100 days of the government should have been produced on February 1, 2010.
Source: Antara
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Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
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- Power Finance Corporation Ltd., India
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- SMG Consultants - Indonesia
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- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
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- Makarim & Taira - Indonesia
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- Orica Australia Pty. Ltd.
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- Minerals Council of Australia
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- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
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- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
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- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
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- Neyveli Lignite Corporation Ltd, - India
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- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
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- PTC India Limited - India
- Wilmar Investment Holdings
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- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
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- IHS Mccloskey Coal Group - USA
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- Leighton Contractors Pty Ltd - Australia
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- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
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- MS Steel International - UAE
- Singapore Mercantile Exchange
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- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
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- CNBM International Corporation - China
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- Standard Chartered Bank - UAE
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- Directorate General of MIneral and Coal - Indonesia
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- Timah Investasi Mineral - Indoneisa
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- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
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- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
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- Uttam Galva Steels Limited - India
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- Price Waterhouse Coopers - Russia
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- Semirara Mining and Power Corporation, Philippines
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- Parry Sugars Refinery, India
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