#Primary
Indonesia’s palm oil export revenue jumps 43% to US$24.8 B in January–August 2025
Indonesia’s palm oil export revenue surged 43 percent year on year to US$24.79 billion (Rp412 trillion) in the January–August 2025 period, driven by stronger global prices and higher production, according to data from the Indonesian Palm Oil Association (Gapki).
PT Timah appoints a retired general as Director of Operation and Commercial Affairs
State-owned tin miner PT Timah (TINS) appointed retired Major General Handy Geniardi as the company’s new Director of Operation and Commercial Affairs, replacing Nur Adi Kuncoro, in an Extraordinary General Meeting of Shareholders held on Wednesday, October 29, 2025.
Freeport reports sharp drop in copper and gold production after Grasberg landslide
Freeport-McMoRan (FCX) has reported a significant decline in copper and gold production during the first nine months of 2025, with output dropping nearly 30 percent year-on-year, largely due to a landslide at its Grasberg mine in Central Papua on September 8, 2025.
RAJA explores LNG project in Banten, eyes partnership with CDIA and Krakatau Steel
PT Rukun Raharja (RAJA), an affiliate of Happy Hapsoro − businessman and husband of House of Representatives (DPR) Speaker Puan Maharani − is exploring a liquefied natural gas (LNG) project in Banten, potentially along with PT Chandra Daya Investasi (CDIA) and PT Krakatau Steel.
Pertamina seals deal with China’s Daqing oilfield for enhanced oil recovery collaboration
Indonesia’s state-owned energy company PT Pertamina has set up partnership with China’s Daqing Oilfield Co., Ltd. to implement chemical injection technology under the Enhanced Oil Recovery (EOR) method a memorandum of understanding (MoU) signed on Tuesday, October 14, 2025.
First Stainless Steel Summit launched to strengthen industry competitiveness, green transition
The Indonesian Stainless Steel Development Association (INASSDA) launched the first-ever national Indonesian Stainless Steel Summit (ISSS) 2025 at Grand Mercure Hotel, Kemayoran, Jakarta on Tuesday, October 21, 2025.
Arsari Tambang targets Rp 7 T mine acquisition in Canada, backed by new trade pacts
PT Arsari Tambang plans to acquire a mining asset in Canada as part of its international expansion strategy, with the deal expected to be finalized by mid-2026, according to President Director Aryo Djojohadikusumo.
Govt weighs domestic market obligation for gold to support Antam’s supply shortfall
The Ministry of Energy and Mineral Resources (ESDM) is studying the possibility of introducing a Domestic Market Obligation (DMO) policy for gold, in an effort to help State-owned miner PT Aneka Tambang (Antam) overcome a severe supply shortage.
Neo Energy eyes Mega IPO of over Rp5 T, aims to lead Indonesia’s green nickel revolution
PT Anugrah Neo Energy Materials (ANEM) is reportedly preparing a massive initial public offering (IPO) on the Indonesia Stock Exchange (IDX), with potential proceeds estimated to exceed Rp5 trillion (US$301.5 million).
Freeport’s Grasberg Mine remains shut following landslide, government launches full audit
Energy and Mineral Resources Minister Bahlil Lahadalia confirmed that operations at PT Freeport Indonesia’s (PTFI) Grasberg mine remain suspended following a fatal landslide at its Grasberg Block Cave (GBC) underground site last month.
PACK expands into mineral mining with dual acquisitions in Southeast Sulawesi
Plastic packaging producer PT Abadi Nusantara Hijau Investama (PACK) has announced the acquisition of shares in two mineral mining companies located in North Konawe, Southeast Sulawesi, through its two subsidiaries.
We are in discussions with many other associations, trying to build a system for Indonesian industries: Adam Fan
Adam Fan is the President director of Shanghai Metals Market (SMM), where he leads efforts to develop transparent and reliable price indices for global metals and minerals. With a background in international trade and deep experience in commodity markets, he has been at the forefront of shaping industry benchmarks across Asia, Africa, and emerging markets. In this interview with Indonesia Business Post, Fan shares his vision for fair pricing, his insights on Indonesia’s downstream ambitions, and his personal reflections on economics and leadership.