news coming?, page-3

I wouldn´t count on a "out of court solution" in the very near future. Bayans attack started at the most vulnerable time for WEC, i.e. proving nameplate capacity of a large upgrade facility with 1 MT p.a. IMO it is likely that the attack has been carried out as henchman of the Indonesian Coal Mining Association who opposes the "Draft Value Added Regulation" in it´s current form for several reasons:

1. Many, if not most, producers of low grade coal will clearly not be in a position to establish their own coal upgrading facilities given the associated cost and technical constraints. It is, presumably with this in mind, that the Draft Value Added Regulation allows mine owners to carry out the required upgrading in co-operation with other mine owners. Although this is obviously desirable from a practical perspective, it does raise the risk that WEC or a small number of parties may come to dominate the coal upgrading process in Indonesia.
2. This could result in substantial consolidation of the coal mining sector as small and medium sized coal producers are forced, to sell out to those parties which control the coal upgrading facilities.
3. It also seems questionable why, as currently worded, the Draft Value Added Regulation may help metal mineral producers, but not coal producers, with finding and even constructing suitable processing and refining facilities.
4. January 2014 - deadline for implementing the domestic processing and refining requirement - is a very tight timeframe to ramp up a complete new downstream industry.

Easing the "Draft Value Added Regulation" is the key for WEC´s short term success in Donesia, IMO.