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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 $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
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- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- GMR Energy Limited - India
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Petron Corporation, Philippines
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
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