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Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
 COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two regulations issued recently to support implementation of law no 04/2009. Regulation number 23 of 2010 concerning implementation of mineral and coal mining business activities issued on 1 February 2010, provides more clarity on the application process and obtaining a new Mining Business Permit (IUP).
An applicant who wishes to obtain an Mining Business Permit (IUP) must first obtain Mining Permit Area (WIUP) and then submit an application for the Mining Business Permit (IUP). A company or individual obtaining the right to a WIUP can apply for an Exploration Mining Permits (IUP Eksplorasi) and then a Production Operation Mining Permits (IUP Operasi Produksi).
Foreign based companies cannot apply WIUP directly. However 100% foreigner owned company, but registered in Indonesia under Indonesian law, can apply for WIUP and then for IUP. One company can hold only one Mining Permit Area (WIUP), except for listed companies, who may hold multiple WIUPs and IUPs.
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“The new Mining Law set out some very clear guiding principles as to the regulation of Indonesian mining projects into the future” - Legal Counsels
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The tender or application process is made to the relevant authority. Applicant must submit application to Regent of the Regency, if the Mining Permit Area (WIUP) is within one Regency, but with-in two Regencies, then to the Governor of the Province and within two provinces, then to the Minister.
Applicants are required to deposit a perseverance guarantee in cash with a state bank prior to submit the application and documents for WIUP. Applicants who pass the pre-qualification requirements are given access to the Government's research and survey data and may be given the opportunity for site visits.
A period of the bid award process shall not exceed 35 working days from date of submission of the bid / offer by applicant. Once a WIUP has been obtained, the winner of WIUP, must submit the application for the Exploration Mining Permits (IUP Eksplorasi) within 5 working days of date of announcement of the winner. If the applicant failed to submit IUP Eksplorasi application within 5 working days, then the applicant deemed to have withdrawn from the tender process and perseverance guarantee which submitted during WIUP tender process shall become the property of the Government.
Exploration Mining Permits (IUP Eksplorasi ) shall be granted for holders of WIUP and met other eligibility requirements. Exploration Mining Permits shall include the activities of general survey, exploration, and feasibility study.
Extensions to Production Operation Mining Permits (IUPs) must be submitted at least 6 months prior to the expiration of the IUP. Only two extensions are allowed and the WIUP must be surrendered back to government at the end of the second extension of the IUP.
Production Operation Mining Permit holders do not allow to haul, sale and / or processing of coal. The activities of hauling and sale and/or processing may be performed by third party that hold a specific purpose Production Operation Mining Permit for hauling and sale.
Coal trading companies must obtain specific purpose Production Operation IUP for hauling and sale of coal and Coal transporting companies must obtain specific purpose Production Operation IUP for hauling of coal and sale.
The specific purpose Production Operation IUPs can apply directly to relevant authority and no need to follow tender process.
IUP holders who export coal are required to refer to the benchmark price set by the Minister. Benchmark prices shall be determined by market mechanisms and/or refer prevailing on the international markets prices. The Minister for Energy and Mineral Resources already have issued a Ministerial Regulation on the prioritizing of coal supply for domestic needs on 31 December 2009.
IUP holders who are intent to appoint expatriates, require to submit an application to the Minister to obtain approval prior to employing expatriates.
Some more government regulations as well as ministerial regulations are expected to issue coming weeks to fully support of implementation of law no 04/2009.(cs)
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Thursday, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
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- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- White Energy Company Limited
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
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