#Primary
Challenges to Indonesia's 7 percent economic growth target
Indonesia faces formidable challenges in achieving a 7-percent economic growth target, primarily due to the uncertainties in the global economy and inneficient imnvestment in the country, resulting in commodity price weakness. As of 2023, the Indonesian economy recorded a growth of 5.05 percent, a decline from the previous year's realization of 5.31 percent.
PTPN seeks growth expansion in tobacco plantation to 750 hectares
In pursuit of bolstering its export production for a key commodity, PT Perkebunan Nusantara (PTPN) is set to increase its tobacco cultivation area to 750 hectares this year. The expansion initiative will be spearheaded by PTPN I Regional 4 across the Ajong Gayasan, Kertosari, and Klaten plantations.
Demand for nickel to continuously increase in the future: Experts
Experts and observers in the energy and mining industries have expressed their confidence on the prospect of nickel use in the future, while citing that this typical silvery metal with its corrosion resistant capacity at high temperatures is used in a variety of industries.
Nickel downstreaming impoverishes people, damages environment: Trend Asia
Nickel downstreaming, which is relied on and revered by the government as a surefire move, potentially damages the environment and impoverish the poor amid the intertwining natural resources, a study by Trend Asia reveals.
Expanding cooperation in LFP battery technology: A mutual benefit
Chairman of the Indonesian Mining Experts Association (Perhapi), Rizal Kasli, expresses his optimism on expanded collaboration in the development of iron-based or lithium ferro phosphate (LFP) batteries driven by the Indonesian government alongside China.
Agincourt commits Rp457 B for Martabe Gold Mine closure by 2033
Mining company PT Agincourt Resources has allocated a commitment of approximately US$29 million or equivalent to Rp457.91 billion for the closure of the Martabe Gold Mine area in North Sumatra, after the contract ends in 2033.
ESDM says over 300 coal miners’ work plans and budgets await verification
The Ministry of Energy and Mineral Resources (ESDM) has approved more than 480 out of 800 Work Plans and Budget Costs (RKAB) of coal mining companies to date.
Experts call for comprehensive roadmap in mining downstreaming
The topic of mining downstreaming has become a heated discussion among presidential and vice-presidential candidates in Indonesia. Presidential candidate number 3, Ganjar Pranowo, recently argued that the more appropriate term for Indonesia's current condition is "smelterization" rather than downstreaming.
Vale Indonesia's divestment still ongoing
The divestment process of PT Vale Indonesia (INCO) shares has not been completed, yet the Ministry of Energy and Mineral Resources (ESDM) ensures that process is still ongoing.
Climate investment challenges in Electricity sector: Between oversupply and demand
Investment in Indonesia's electricity sector is deemed to have reached a saturation point, with high uncertainty is a major concern, despite the pressure to transition to renewable energy sources (RE).
SKK Migas to become CCS business regulator in Indonesia
The government is expanding access to carbon capture and storage (CCS) activities beyond the oil and gas working area (WK), designating the Upstream Oil and Gas Regulatory Task Force (SKK Migas) as the regulator for future CCS activities. The additional role of SKK Migas will be regulated in a Presidential Decree which is expected to be completed this month.
Expensive 'carbon warehouse' investment, govt promotes CCS hub concept
The government is promoting the development of carbon capture and storage (CCS) hubs to reduce the investment costs of CCS facilities domestically.