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View all search resultsSetting up a super holding company to oversee sector-specific holding companies in a multitiered model could prople our SOEs to the global stage, but this will also require both governance and judicial reform to ensure transparency and accountability.
State-owned coal miner PT Bukit Asam (PTBA), a subsidiary of mining holding company MIND ID, and the National Research and Innovation Agency (BRIN) have begun the world’s first pilot project to convert coal into artificial graphite and anode sheet, both of which are raw materials for lithium-ion electric vehicle (EV) batteries.
Gold reserves are included in the above article, which should be implemented with national interests in mind. Based on the Constitutional Court ruling, the “shall be controlled by the State” clause is interpreted as five principles or functions.
Vale Canada, a subsidiary of Brazilian mining firm Vale, and Sumitomo Metal Mining (SMM), a unit of Japanese conglomerate firm Sumitomo Group, have finally agreed to divest parts of their stake in Vale Indonesia (INCO) to Indonesian state-owned mining holding company Mineral Industri Indonesia (MIND ID). The initial deal was inked with the signing of a Head of Agreement (HoA) on the sideline of the 2023 Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting, bringing MIND ID to be one step closer to becoming INCO’s controlling shareholder.
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