#Primary

Pertamina

Pertamina to maintain price stability, safe fuel supply amid rise in world oil prices

World crude oil prices have risen following Israel's attack on Iran and subsequent Iran’s counterattack on Israel, with the Brent crude futures being pushed to trade above US$90 after closing 1.1 percent higher on April 10, 2024, while the West Texas Intermediate (WTI) prices approached US$86.

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Freeport smelter in Gresik to start operation in early June 2024

PT Freeport Indonesia (PTFI) aims for its new copper smelter in the Java Integrated Industrial and Port Estate (JIIPE), Manyar, Gresik, East Java, to commence operations in early June 2024.

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Bahlil checks Vale Indonesia's governance before granting permit extension

Minister of Investment /Head of Investment Coordinating Board, Bahlil Lahadalia, said his ministry is verifying the governance of PT Vale Indonesia 's investment before granting the special mining business permit for the company.

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National coal production reaches 195 million tons as of Idul Fitri

National coal production this year has reached 195.74 million tons as of Idul Fitri, data from the Minerba One Data Indonesia (MODI) website of the Ministry of Energy and Mineral Resources (ESDM) revealed on Saturday, April 13, 2024.

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Bahlil confirms Freeport's permit extension to be granted In June 

Minister of Investment /Head of Investment Coordinating Board. Bahlil Lahadalia, has confirmed that the government would grantpermit extension for PT. Freeport Indonesia in June 2024. 

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Vale Indonesia's contract extension to be confirmed after Idul Fitri

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. 

Nickel

Harita Nickel boasts nickel production of 20.75 million tons in 2023, up by 93.7 percent

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.

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PT Timah unveils strategic programs in rare earth metal downstreaming

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.

INDUSTRY-EUROPE

Merdeka Copper Gold reports increase in indicated resources at Tembaga Tujuh Bukit

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.

mining-companies-indonesia

Amman to accelerate infrastructure development for Indonesia's mining sector

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).

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Amman unveils vast mineral reserves in Elang Deposit

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.

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Jokowi meets Freeport CEO, discusses extension of mining license

President Joko “Jokowi” Widodo met with officials of gold and copper mining company PT Freeport at the Presidential Palace 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.

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