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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...
Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
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Showing 5941 to 5945 news of total 6871 |
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- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
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