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Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
 The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for commercial purposes, including long-banned mining activities.
Under the regulations, conservation forests could also be converted to production forests, to be used for plantations of trees such as acacia.
“We are now waiting for a presidential decree to bring the regulations into force. A number of firms have applied for mining permits in protected forest areas,” a senior official at the Forestry Ministry, Bambang Mulyo, said Monday.
The government regulation No. 24 on the use of forest areas says mining firms can dig for natural resources deposited under protected and production forests.
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“The government regulation No. 24 on the use of forest areas says mining firms can dig for natural resources deposited under protected and production forests”
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Article 5 of the regulation stipulates that in protected areas, miners are only allowed to conduct underground mining that does not change the forest functions.
However, in production forests miners could use both open pit and underground mining techniques. Indonesia currently has 31.6 million hectares of the protected forests, of which 10.6 million hectares is in Papua province.
The second-largest area of protected forests is in East Kalimantan (2.7 million hectares) and West Kalimantan (2.3 million hectares).
The government has allotted some 22.7 million hectares for production land that could be converted for business uses.
The 1999 Law on Forestry strongly prohibits mining activities in protected forest areas, be it open pit or underground mining. Under this law, mining is only allowed in production forest areas.
Former president Megawati Soekarnoputri issued a decree to grant special licenses to 13 giant mining firms to operate open-pit mines in protected forest areas.
Among the 13 are PT Aneka Tambang in Southeast Sulawesi, PT Freeport Indonesia in Mimika, Papua, Karimun Granit in Riau, INCO in Sulawesi, Natarang Mining in Lampung, Nusa Halmahera Mineral in North Maluku, Pelsart Tambang Kencana in South Kalimantan, Interex Sacra Raya in East and South Kalimantan and Weda Bay Nickel in North Maluku.
Regulation No. 24 also stipulates that protected forests may now be used for non-forestry businesses serving strategic purposes.
“We will elaborate on these strategic goals with the Environment Ministry and the Energy and Mineral Resources Ministry,” Bambang said.
Greenomics Indonesia executive director Elfian Effendi warns that a blurred definition of strategic goals could mean more areas of protected forests are cleared in the name of development.
“The government needs to impose a moratorium on new permits for mining firms conducting open-pit mining in forest areas,” he said.
In addition to the mining sector, the ministry issued regulation No. 10 that allows for protected and conservation forests to be converted to production land, the first ever such policy in Indonesia.
Critics say the regulation may lead to open-pit mining in protected forest areas.
Bambang, however, said he would not allow this to happen. “While there are minerals deposited under the production land, license holders are not allowed to dig them up,” he said.
The government has long faced international pressure to improve its management of forests, with the current rate of deforestation at more than 1 million hectares a year.
Indonesia plans to reduce its greenhouse gas emissions by 26 percent by 2020, of which 14 percent would be from stopping deforestation, combating illegal logging and controlling forest fires.
The government also pledged to plant 1 billion trees this year to re-green the country’s millions of hectares of degraded forest land.
Source: The Jakarta Post - Reported by: Adianto P. Simamora
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Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
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- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Minerals Council of Australia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- The University of Queensland
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- ASAPP Information Group - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
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