DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9d417d/indonesia_mining_r) has announced the addition of the "Indonesia Mining Report Q1 2011" report to their offering.
The Indonesian Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Indonesia's mining industry.
Indonesia is endowed with a wide range of key minerals. It is the world's second largest producer of tin and nickel and the fourth largest copper producer. The country also produces significant quantities of gold, bauxite, phosphates and iron sand, and has the potential for alluvial diamond production. The mining industry accounted for 10.8% of Indonesia's GDP in 2009, with minerals and related products contributing one-fifth of the country's total exports.
Indonesia's mining industry looks set to post strong average annual double-digit growth of 11.2% in real terms over the forecast period to reach US$149.8bn in 2015, as weak growth in tin and nickel output should be offset by robust growth in copper, coal and gold production. Going into 2011, we expect to see two pertinent themes: the continued influx of foreign investment and the depletion of onshore reserves.
Regulatory Environment Mining activity in Indonesia is regulated by the Ministry of Mines and Energy. Like other industries in Indonesia, the mining sector has been plagued by perennial allegations of corruption. In addition, the sector also suffers from a lack of infrastructure and rampant illegal mining. Furthermore, projects have been delayed due to inconsistent interpretations of regulations at local level. We believe that the government's continued efforts to improve the country's business environment will only benefit the sector in years to come.
Key Players Indonesia's mining sector is dominated by Bumi Resources, which owns Indonesia's largest and fourth largest coal miners Kaltim Prima Coal (KPC) and Arutmin. State-owned PT Timah Tbk is the world's largest integrated tin mining company. It is the tin-rich Bangka region's biggest operator, followed by PT Koba Tin. Timah has a 25% share in Koba Tin while the remaining stake is held by the Malaysian Smelting Corporation. PT Freeport Indonesia and PT Newmont Nusa Tenggara are the only copper mining players in Indonesia, carrying out mining activities at the Grasberg and Batu Hijau copper mines. Freeport and Newmont are also engaged in the production of gold and silver.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Global Mining Outlook
- Industry Trends And Developments
- Business Environment
- Political Outlook
- Competitive Landscape
- Company Monitor
- Global Assumptions
- Business Environment Ratings Methodology
Companies Mentioned:
- PT Antam
- Bumi Resources
- Newmont Mining
For more information visit http://www.researchandmarkets.com/research/9d417d/indonesia_mining_r