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Companies 11 months ago
PREMIUM
China's GEM assumes control of nickel processor BNSI
A Chinese battery and materials recycler has become the majority owner of Bahodopi Nickel Smelting Indonesia (BNSI), the developer of a nickel processing facility in the Bahodopi Block in Morowali, Central Sulawesi, thereby reducing the stake of PT Vale Indonesia.
Companies 1 year ago
PREMIUM
Danantara to revive costly coal gasification, oil refinery projects
The government plans to kick off dozens of natural resource processing projects worth $40 billion this year, including coal gasification projects, though both local and international analysts have cautioned about the technology's costliness and unfavorable investment trends.
Companies 1 year ago
PREMIUM
Merdeka Battery to build $1.8b HPAL nickel processing plant
Merdeka Battery Materials has signed an agreement to build a $1.8 billion high-pressure acid leach (HPAL) processing plant at Central Sulawesi's Indonesia Morowali Industrial Park, to start operating by mid-2026.
Companies 1 year ago
PREMIUM
Freeport expects green light for copper concentrate exports in Q1
The US mining giant says it expects to soon get final export approval for local subsidiary Freeport Indonesia, after a fire last October prompted the company to close operations and file an extension request.
Markets 1 year ago
PREMIUM
No talks yet to curb nickel output: Energy ministry official
Indonesia, the world’s top nickel supplier, was reportedly weighing deep production cuts to the metal’s mining quota and is considering lowering the amount of ore mined next year to as low as 150 million tonnes from 227 million tonnes this year.
Companies 1 year ago
PREMIUM
Hotel industry raises concern over nickel mine in Raja Ampat
The PHRI says that although the nickel production facility on Gag Island is likely to stimulate the local economy, its adverse impacts on the island's environment and marine ecosystem is likely to trickle down to affect nearby Raja Ampat Marine Park, a super priority tourism destination.
