#Corporate
Vale Indonesia to add new partner in Sorowako nickel processing project
Mining company PT Vale Indonesia is set to add a new partner for its High Pressure Acid Leaching (HPAL) smelter project in Sorowako, South Sulawesi, aiming to process limonite nickel ore.
IDX faces allegations of bribery involving five employees
The Indonesia Stock Exchange (IDX) is under scrutiny following allegations of bribery involving five employees who reportedly solicited substantial kickbacks to facilitate the listing of companies on the exchange.
PT Vale Indonesia set to launch nickel plant in Southeast Sulawesi by 2026
PT Vale Indonesia (INCO) is setting its sights on operationalizing its nickel processing plant in Pomalaa, Southeast Sulawesi by 2026 as part of the company’s strategy to expand its nickel processing capabilities in Indonesia, fueled by growing global demand for nickel in electric vehicle batteries.
Freeport Indonesia to launch first production at Gresik copper smelter this week
PT Freeport Indonesia (PTFI) has announced plans to officially begin production at its Gresik copper smelter facility this week.
AMMN books major transactions on Indonesia Stock Exchange at Rp26.38 trillion
On August 22, 2024, PT Amman Mineral Internasional (AMMN) recorded a significant share transaction on the negotiated market of the Indonesia Stock Exchange (IDX) on Thursday, August 22, 2024, involving 26.38 million lots of AMMN shares worth Rp26.38 trillion (US$1.7 billion).
Freeport resumes copper concentrate exports following export permit extension
PT Freeport Indonesia (PTFI) has managed to resume its copper concentrate exports after receiving an extension on its export permit until the end of December 2024, while aiming to export a total of 900,000 tons of copper concentrate by the end of the year.
Pertamina-JOGMEC strengthen energy transition commitment on methane emissions
State energy company PT Pertamina has strengthened cooperation in the measurement and quantification of methane emissions with Japan Organization for Metals and Energy Security (JOGMEC), formalizing the cooperation through the signing of a Joint-Study Agreement (JSA) at the Asia Zero Emission Community (AZEC) Ministerial Meeting 2024 on Thursday, August 22, 2024.
Pertamina secures collaboration with Japan's companies at AZEC Meeting 2024
State energy company PT Pertamina and its sub-holdings signed a cooperation with Japanese institutions and global companies on efforts to achieve government target on Net Zero Emission (NZE) by 2060 during the second Asia Zero Emission Community (AZEC) 2024 Ministerial Meeting.
Pertamina-Hyundai Motor Company to develop hydrogen ecosystem in Indonesia
In order to encourage energy transition, State energy company PT Pertamina continues to collaborate with global strategic partner in encouraging energy transition, focusing on developing environmental friendly green energy.
Pertamina calls for alternative LPG supply strategies to meet domestic demand surge
Amid rising domestic demand for Liquefied Petroleum Gas (LPG), State oil and gas company PT Pertamina has suggested for alternative supply solutions, acknowledging that current production levels are insufficient to meet the nation's needs.
Ministry awaits transition to new government for major corporate actions
The Ministry of State-Owned Enterprises (SOEs) is in a holding pattern, awaiting the transition to a new government before taking major corporate actions, including forming new holdings and launching initial public offerings (IPOs) of SOEs.
KHE vows to immediately complete the Kayan Cascade Hydroelectric Power Plant
PT Kayan Hydro Energy (KHE), a player in renewable energy projects in Indonesia, is striving to immediately realize the construction of the Kayan Cascade Hydroelectric Dam in Bulungan Regency, North Kalimantan, a key project in supporting Indonesia's energy transition from fossil to green energy.