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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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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- The University of Queensland
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Planning Commission, India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Xindia Steels Limited - India
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