#Mining Industry
Most Indonesian business leaders support coal phase-out before 2035: Survey
A significant majority of Indonesian business executives − 88 percent − support transition from coal to renewable energy before 2035, according to a global survey conducted by Savanta on behalf of the We Mean Business Coalition, E3G, and Beyond Fossil Fuels.
New ESDM Ministry rule offers hope for accelerated energy transition, creates gaps
Experts have warned that the Minister of Energy and Mineral Resources (ESDM) Regulation No. 10/2025 on Energy Transition Roadmap for the Electricity Sector that is meant as a legal framework for early retirement of coal-fired power plants (CFPPs) lacks critical details and may hinder Indonesia's climate goals if not improved.
PT Timah books net profit of Rp1.19 Trillion in 2024
State-owned tin miner PT Timah (IDX: TINS) reported a net profit of Rp1.19 trillion (US$74 million) in 2024, an increase of 364 percent from the previous year, when the company recorded a net loss of IDR 449.67 billion (approximately $28 million).
Indonesia defies global trend, expands captive coal power capacity
In stark contrast to the global decline in coal-fired power plant (CFPP) expansion, Indonesia has emerged as the third-largest country in terms of new coal capacity additions in 2024 − adding 1.9 gigawatts (GW), 80 percent of which comes from captive coal power plants dedicated to industrial use.
Harita Nickel enhances operational efficiency amid industry challenges
Nickel mining company PT Trimegah Bangun Persada (NCKL), known as Harita Nickel, has completed the construction of its second refinery, PT Obi Nickel Cobalt (ONC), which has been in full commercial operation since August 2024.