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View all search resultsIn its ruling published on Oct. 2, the WTO has ruled in favor of Indonesia in its stainless steel dispute with the EU after finding that Brussels's countervailing measures were inconsistent with the trade body's SCM Agreement.
A new report has once again highlighted the heavy toll of Indonesia’s nickel industry, where decades of poorly regulated extraction have scarred landscapes, choked coral reefs and eroded local livelihoods, while companies face little accountability.
Analysis of recent and historic mining in the region showed a "domino effect of destruction," ranging from deforestation on land to sediment run-off smothering coral reefs, the report by NGOs Auriga Nusantara and Earth Insight said.
Analysis of recent and historic mining in the region showed a "domino effect of destruction," ranging from deforestation on land to sediment run-off smothering coral reefs, the report by NGOs Auriga Nusantara and Earth Insight said.
The company at the center of the controversial mining activities in Raja Ampat had resumed operations on Sept. 3, the environment minister revealed on Sunday, promising to increase the frequency of assessments from six months to two months to accommodate any necessary mitigation measures.
Managed by the country's central bank Norges Bank and fueled by its vast energy revenues, the fund is the world's biggest, with a value of nearly $2 trillion and investments in more than 8,600 companies across the globe.
The global race for critical minerals like rare earth elements has descended into a geopolitical struggle, where these once-obscure resources now loom as existential threats to national survival.
Industry experts have bemoaned the latest rule on coal and mineral sales, which maintains the government-set benchmark prices for calculating royalties and taxes despite allowing more pricing flexibility, burdening miners with a widening gap between sales prices and royalties as global rates fall.
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