Sunday, April 14, 2024

Tag: Primary

Bahlil Lahadalia, the Minister of Investment and Head of the Indonesia Investment Coordinating Board (BKPM), has disclosed details regarding contract extension of PT Vale Indonesia’s (INCO), expecting it to be completed after Idul Fitri.  […]
PT Trimegah Bangun Persada (NCKL), also known as Harita Nickel, recorded a significant increase in the production and sales of nickel ore and ferronickel throughout 2023. […]
State-owned tin mining giant PT Timah is gearing up to launch two strategic programs this year, with a focus on downstream development and harnessing the potential of rare earth metals − byproducts of tin mining. […]
PT Merdeka Copper Gold (MDKA) has recorded a significant increase in indicated resources of 755 million tons at the Tembaga Tujuh Bukit Project located in Banyuwangi, East Java. This figure marks an increase of over 300 million tons or 71 percent from the previously recorded indicated resources of 442 million tons. […]
PT Amman Mineral Internasional (AMMN) is poised to revolutionize Indonesia’s mining landscape with its ambitious infrastructure development initiatives. The company’s relentless pursuit of excellence is exemplified by its expedited construction of a gas-fired power plant (PLTG) to support the commissioning of a copper smelter project and precious metal refining (PMR). […]
PT Amman Mineral Internasional Tbk. (AMMN) has set the Indonesian mining industry abuzz with its recent revelation regarding the Elang Deposit, which boasts an astounding 1.4 billion tons of mineral reserves. […]
President Jokowi met with officials from PT Freeport in Jakarta on Thursday, March 28, 2024. Those present were CEO of Freeport Mc Moran Inc Richard Adkerson, President Director of PT Freeport Indonesia Tony Wenas, and Board of Commissioners of PT Freeport Indonesia Kathleen Quirk. […]
The Bangka Belitung provincial administration seeks expedited approval for community mining permits (IPR) from tin mining blocks that have recently been designated as areas for community mining (WPR) amid the decline in tin exports from the province in the last three months. […]
A senior government official has revealed that a renewed auction on eight mineral and coal mining blocks will be held next week.  […]
Indonesia is nearing the completion of a Smelter Grade Alumina Refinery (SGAR) facility in Mempawah Regency, West Kalimantan. The SGAR plant is owned by PT Aneka Tambang  (ANTM) and PT Indonesia Asahan Aluminium (Inalum). […]
State-owned nickel and gold mining firm PT Aneka Tambang (ANTM) targets the construction of an industrial park for battery ecosystem development to be realized in 2025. The industrial park referred to includes nickel smelters with high-pressure acid leaching (HPAL) and rotary kiln electric furnace (RKEF) technologies. […]
PT RMK Energy (RMKE) through its subsidiary PT Royaltama Multi Komoditi Nusantara (RMKN) has established a collaboration with PT Atlas Resource (ARII) through its subsidiary PT Gorby Putra Utama (GPU) on coal trading with an operational cooperation (KSO) and offtake mechanism. […]
The Ministry of Industry is actively promoting the development of downstream aluminum industries, despite minimal investment interest and production expansion from existing smelters. […]
Indonesia is set to have the largest oil refinery with a capacity of 360,000 barrels per day (bpd) by 2025. This refinery is part of the mega Refinery Development Master Plan (RDMP) project in Balikpapan owned by PT Kilang Pertamina Internasional (KPI) as a Subholding Refining & Petrochemical of PT Pertamina. […]
Coordinating Minister for Maritime Affairs and Investment, Luhut B. Pandjaitan emphasized the government’s commitment to pay government debt in regards with claims made by cooking oil traders over the price gap incurred as a results of the government’s one-price cooking program. […]
In a move to strengthen regulatory oversight in the mining sector, the Indonesian Ministry of Energy and Mineral Resources (ESDM) has revoked thousands of inactive mining permits (IUPs). […]
The Indonesian Ministry of Energy and Mineral Resources (ESDM) has unveiled an ambitious plan to construct 16 integrated mineral refining facilities across the archipelago by 2024, representing a transformative investment of US$11.6 billion (IDR 165.2 trillion). […]
The Ministry of Energy and Mineral Resources (ESDM) has reported a diminishing nickel reserve in Indonesia, particularly for high-grade saprolite nickel. Nickel is among the 47 critical mineral mining commodities identified by the ministry. […]
The Ministry of Energy and Mineral Resources (ESDM) has approved 587 work plan and budget proposals (RKAB) in the coal sector, out of 883 applications submitted to the ministry. […]
The Association of Metalworking and Machinery Industries of Indonesia (Gamma) has revealed significant challenges faced by the basic metal industry in supporting the growth of manufacturing export performance this year. […]
The government of Southwest Papua is pushing for two Chinese investors to construct a nickel smelter and a steel manufacturing plant in the Sorong Special Economic Zone (SEZ), with an estimated investment value of IDR 75 trillion (US$4.8 million). […]
The extension of PT Vale Indonesia’s contract of work will have potentials on the prospect of the country’s electric vehicle ecosystem, with several investment planning in the development of nickel downstream.  […]
Coal downstreaming in Indonesia is constrained by the lack of technology to execute the program, a senior government official says. […]
President Joko “Jokowi” Widodo inaugurated the first Crude Palm Oil (CPO) processing factory in Deli Serdang, North Sumatra, on Thursday, March 14, 2024. The factory establishment was an initiative of the Ministry of Cooperatives and Micro, Small and Medium Enterprises. […]
Construction company PT Acset Indonusa (ACST) has divulged a plan to diversify its business into the mining construction sector. […]
Global energy think tank EMBER Climate estimates that methane emissions from coal mines in Indonesia are eight times higher than official estimates. […]
State electricity company PT PLN aims to have the 500-kilovolt (kV) Muara Enim-New Aur Duri Extra High Voltage Transmission Line operational by late 2026. […]
State electricity company PT PLN is exploring opportunities for a new financing scheme, coined the term transition financing, to accelerate investments in gas power plants and fossil fuel efficiency. […]
Micro, Small, and Medium Enterprises (MSMEs in the automotive industry are considerably ready to produce components for electric vehicles (EVs), yet confronted with some challenges that need to be addressed. […]
The Indonesian Oil Palm Farmers Association (Apkasindo) has predicted that the development of biodiesel in Indonesia will halt at B50, a 50 percent blend of palm oil, due to declining palm oil production coupled with unsupportive regulations. […]