#Primary
Freeport agrees to divest 12 percent shares to Indonesia free of charge
Freeport-McMoRan has agreed to divest 12 percent of its shares in PT Freeport Indonesia to the Indonesian government at no cost, according to Rosan P. Roeslani, CEO of the state-owned investment management agency BPI Danantara.
Freeport expects Grasberg block cave to resume full operations in 2027 after landslide
Freeport McMoran (FCX), the parent company of PT Freeport Indonesia (PTFI), announced that its underground Grasberg Block Cave (GBC) mine in Papua is unlikely to resume full operations until 2027 after a massive landslide disrupted production earlier this month.
Kadin: Coal remains vital for Indonesia’s energy security despite rising challenges
An executive with the Indonesian Chamber of Commerce and Industry (KADIN) has underscored the enduring importance of coal in maintaining Indonesia’s energy security despite rising challenges from other and environmentally friendly energy sources.
Coal association seeks to maintain export dominance in SE Asia amid rising competition
The Indonesian Coal Mining Association (APBI) is determined to maintain its dominance in Southeast Asia’s coal export market as new players from outside the region − including Australia, South Africa, and Russia − begin entering ASEAN markets, while demand from Indonesia’s two largest buyers, India and China, is weakening.
Indonesia eyes bigger stake in Freeport Indonesia as part of mining license extension
The Indonesian government is seeking to acquire more than 10 percent of PT Freeport Indonesia (PTFI) shares from U.S.-based Freeport-McMoRan, surpassing the original target tied to the company’s mining license extension beyond 2041.
Indonesia’s Gag nickel resumes operations after temporary suspension
The Ministry of Energy and Mineral Resources (ESDM) has confirmed that PT Gag Nickel, a subsidiary of state-owned miner PT Antam, has resumed operations on Gag Island, Raja Ampat, Southwest Papua.
Danantara, GEM Limited, Vale Indonesia ink US$1.42 B deal for nickel smelter
Indonesian investment firm Danantara, through its subsidiary Danantara Investment Management, has signed a US$1.42 billion (Rp23.29 trillion) partnership with GEM Limited and PT Vale Indonesia (INCO) to build a High-Pressure Acid Leach (HPAL) smelter with an annual capacity of 66,000 tons of nickel.
Indonesia to crack down on illegal mining in forestland starting September 1
Indonesia’s forestry task force will begin a crackdown on illegal mining operations in forest areas covering about 4.27 million hectares starting Monday, September 1, 2025.
Indonesia-Bangladesh strengthen energy cooperation with 1st joint committee meeting
Indonesia and Bangladesh held the inaugural Joint Committee Meeting on Energy on Monday, August 25, 2025, a milestone in strengthening the two countries’ strategic collaboration, after the signing of the Memorandum of Understanding (MoU) on energy cooperation on September 4, 2023.
Nickel industry in uncertainty as work plan, budget reduced to one year
Indonesian nickel industry is once again dealing with challenges after the government decided to reduce the mineral and coal production period under the government-approved Work Plans and Budgets (RKAB) from the previously three years, to one year.
Eramet: Collaboration with INA, Danantara continues
Mining company Eramet Indonesia has confirmed that collaboration with the Indonesian Investment Management Agency (INA) and Sovereign Wealth Agency Danantara Indonesia is underway and will continue into the future, citing ongoing cooperation to establish a strategic investment platform in the nickel sector, from upstream to downstream operations.
Indonesia accelerates EV battery industry with US$5.9 B integrated nickel project
Indonesia’s state-owned mining holding company, MIND ID, is stepping up efforts to optimize the country’s strategic mineral potential to fuel the growth of the electric vehicle (EV) battery industry.