#Corporate
Exxonmobil settles a landmark case lawsuit by Aceh villagers
Villagers in Aceh sued ExxonMobil for gross human rights violations committed by the Indonesian military 22 years ago.
Report reveals human rights violations and environmental abuses in nickel supply chains in the Philippines and Indonesia
The London-based Business & Human Rights Resource Centre (BHRRC) released a report revealing human rights violations and environmental abuses in two nickel supply chains operating in the Philippines and Indonesia.
Indonesia seeks support from IPG and GFANZ for energy transition through JETP implementation
The government is pushing for real support from the International Partners Group (IPG) and the Glasgow Financial Alliance for Net Zero (GFANZ) for the energy transition in Indonesia, by creating transparent and accountable financing mechanisms and structures.
Unveiling Salim Group’s strategic vision for Amman Minerals’ IPO
PT Amman Mineral Internasional, the parent company of PT Amman Mineral Nusa Tenggara (formerly Newmont Nusa Tenggara), is now under the control of Salim Group, as evidenced by the company’s increased stake in PT Amman Mineral Internasional and the appointment of several of its board members.
Susi Pudjiastuti owner of Susi Air, expresses anger over the shooting of Phil Mehrtens' evacuation force
Susi Pudjiastuti, ex-minister of Maritime Affairs and owner of Susi Air, was furious during a conversation with Pastor Karel Phil Erari and a man known as Bishop, discussing the kidnapping of Philip Mehrtens by Papua's KKB.
Volkswagen expressed interest in making investment in nickel ore processing in Indonesia
German car manufacturer Volkswagen expressed its interest and commitment to becoming a part of the electric vehicle battery supply chain by making investment in nickel ore processing industry through one of its member of group of companies Volkswagen PowerCo.
MIND ID continues acquisition of Vale Indonesia's shares
Indonesian mining industry holding MIND ID is ready to acquire shares in PT Vale Indonesia Tbk (INCO) and tap into the company's enormous potential in nickel reserves.
Indonesian government program pave way to legalize illicit oil palm farms and plantations
The Indonesian government has legalized 237,511 hectares (586,902 acres) of illegal plantation areas through an 'amnesty' program stipulated under Law No. 11 of 2020 concerning Job Creation, or more famously known as the Omnibus Law.
Chevron out, Italian ENI set to take over Indonesia Deepwater Development project
Indonesian Minister of Energy and Mineral Resources Arifin Tasrif, announced that the Italian oil company ENI, will become the new operator of the Indonesia Deepwater Development (IDD) project starting from the end of May 2023. ENI would replace the position previously held by Chevron.
Indonesia cuts tax incentives to limit investment in lower quality nickel products
Indonesia has reduced tax incentives to restrict investment in lower-quality nickel products, including nickel pig iron (NPI) and second-class nickel ore processing products. The government has made the decision to make the most of its abundant nickel reserves and to encourage more high-value investments in the downstream.
U.S. investigates the venture between Ford, China's Zhejiang Huayou Cobalt and PT Vale Indonesia
U.S. Senator Marco Rubio asked the Biden administration to investigate Ford Motor Co's plan to partner with PT Vale Indonesia, and China's Zhejiang Huayou Cobalt in a $4.5 billion nickel processing facility in Indonesia for the production of EV batteries.
South Korea’s POSCO to build US$441 million nickel refining facility in Halmahera
POSCO Holdings Inc. stated that it is spending US$441 million to build a nickel refining facility in Indonesia as it pushes to beef up its supply chains of the key secondary battery material.