#Primary
ESDM coordinate with Finance Ministry on Vale Indonesia's tax after divestment
The Energy and Mineral Resources Ministry is coordinating with the Ministry of Finance on concerted effort to increase the state revenue after the divesment of 14 percent shares of PT Vale Indonesia, a subsidiary of Vale Canada Limited (VCL).
Indo Tambangraya Megah explores acquisition opportunities, focuses on nickel
PT Indo Tambangraya Megah (ITMG) is exploring the opportunity to acquire several mining companies, with a specific focus on nickel.
ESDM regulates on hybrid generator tariffs
The Ministry of Energy and Mineral Resources (ESDM) will accommodate hybrid power plant tariffs in the draft Ministerial Regulation on the Principles of Renewable Energy Power Plant Electricity Purchase Agreements (PJBL). The formulation of ministerial-level regulations is a follow-up to the issuance of Presidential Regulation No. 112/2022 on Accelerating the Development of Renewable Energy for Electricity Supply in mid-2022.
ESDM minister: Freeport smelter ready to operate in June 2024
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif said PT Freeport Indonesia's (PTFI) smelter in JIIPE area, Gresik, East Java is ready to operate in June 2024.
Rice politics: From New Order to Reformasi
By Nikolaus Loy, a lecturer on international relations at the UPN Veteran, Yogyakarta
PLN-Mitsui conflict on Paiton 3 divestment disrupts investment
A new chapter in the dispute between Mitsui & Co Ltd and State electricity company PT PLN regarding the certainty of the Paiton 3 divestment could set a precedent reflecting the high investment uncertainty in Indonesia.
MIND ID, VCL & SMM signed share sale and purchase agreement
PT Mineral Industri Indonesia (MIND ID), together with Vale Canada Limited (VCL) and Sumitomo Metal Mining Co., Ltd. (SMM) signed a share sale and purchase agreement for the divestment of PT Vale Indonesia (INCO) in Jakarta on Monday, February 26, 2024.
Indonesian government becomes PT Vale Indonesia's largest shareholder
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, on Monday, February 26, 2024, attended the signing of transaction documents for the acquisition of 14 percent of PT Vale Indonesia by MIND ID, making the Indonesian government the largest shareholder of the mining company.
BP Batam lures the US to build semiconductor plants in Batam Island
The Batam Indonesia Free Trade Zone Authority (BP Batam) is enticing the United States to choose Batam Island as the location to build semiconductor industrial plants.
Kamojang plant, 1st green hydrogen-based geothermal energy in ASEAN
The Kamojang Geothermal Power Plant (PLTP Kamojang) becomes the first producer of green hydrogen based geothermal energy in Southeast Asia after its Green Hydrogen Plant (GHP), which is the 22nd GHP built by State electricity company PT PLN, has been set to supply green hydrogen to the Senayan Hydrogen Refueling Station (HRS), the first such station in the region.
Vale denies reaching agreement with MIND ID on divestment share price
PT Vale Indonesia, a subsidiary of Canadian company Vale, has denied the Indonesian government’s claim that Vale Indonesia and Indonesian state-owned mining holding company MIND ID had reached an agreement with the government on the price of divestment shares.
Pursuing Masela Block gas sales, SKK Migas examines LNG market projections
The Upstream Oil and Gas Regulatory Task Force (SKK Migas), along with Inpex Corporation, is still studying global liquefied natural gas (LNG) market projections to secure long-term gas sales contracts for the Masela Block.