#Primary
Inalum to invest US$ 5.7 Billion until 2030
Aluminum producer PT Indonesia Asahan Aluminium, or Inalum, has revealed that the company will invest up to Rp 90 trillion or US$ 5.7 billion until 2030.
House leaks divestment price of Vale shares offered to MIND ID
Chairman of the House of Representatives (DPR) Commission VII overseeing energy and mineral resources, Sugeng Suparwoto, says discussion on the final decision regarding shares acquisition of PT Vale Indonesia (INCO) by Mining SOE Holding MIND ID is in stalemate due to bidding technicalities.
No agreement yet on Vale Indonesia divestment price with government
Minister of Investment and Head of Investment Coordinating Board (BKPM), Bahlil Lahadalia, revealed the outcome of PT Vale Indonesia’s 14 percent share divestment to Indonesia via the mining industry holding MIND ID. Bahlil asserted that the primary obstacle for accomplishing Vale's shares divestment is due to an unestablished agreement on price.
Ministry : Development of Bauxite Downstream Industry “not quite encouraging”
The development of the Indonesia bauxite downstream industry has been less encouraging with only four companies having the capacity to process bauxite into alumina.
Ford Motor joins Vale Indonesia, Zhejiang Huayou Cobalt in nickel battery project
PT Vale Indonesia Tbk. (INCO) and Zhejiang Huayou Cobalt Co. have established partnership with Ford Motor Company in a project to build a nickel battery raw material plant in Indonesia.
Minister Sakti Wahyu Trenggono encourages collaboration to boost lobster farming
Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono, is urging Indonesia to play a strategic role in the global lobster supply chain.
Vast Indonesian blue economy untapped with potential benefits and reduction in green house gas
Suharso Monoarfa, the Minister of National Development Planning/Head of the National Development Planning Agency (Bappenas), stated that Indonesia possesses significant untapped potential in the blue economy. However, this potential has not been fully utilized.
Indonesia invites investors to develop local fish feed industry and reduce import dependencies
Sakti Wahyu Trenggono, the Minister of Marine Affairs and Fisheries, has opened opportunities for investors to establish a fish feed industry in Indonesia. Currently, 89% of the country's fish feed needs are imported.
Indonesia's environmental future an urgent challenge and a path to sustainability
Indonesia is grappling with a critical environmental crisis as anthropogenic pressures and diminishing environmental capacity give rise to ecological disasters, triggering social and economic upheavals.
PT Timah explores downstreaming potential in rare earth monazite mining in Bangka Belitung
PT Timah, a state-owned mining holding company has announced that it is currently conducting a study on the mining of rare earth metal monazite.
Vale Indonesia signs agreement to divest 14% stake to MIND ID
Arifin Tasrif, the Minister of Energy and Mineral Resources, has revealed that PT Vale Indonesia has signed a Head of Agreement (HOA) concerning the divestment of its 14% stake to the Indonesian state-owned mining holding company, MIND ID.