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View all search resultsThe general trend in switching to LNG as a so-called bridge fuel is a cautionary tale, say experts, given the country's declining reserves and the fact that natural gas is still a fossil fuel, albeit with lower emissions.
US-based Atlas said it has come up with a way to treat a type of nickel ore usually used as an ingredient in stainless steel into a form that can be used for EV batteries with low emissions and no waste.
Freeport Indonesia CEO and Kadin vice president of investment Tony Wenas said regulatory stability and continuity beyond next year's general election was important for investors across the country.
Following recent criticism, the government has argued in defense of its policy to boost investment in the nickel processing industry, saying it had paid off for the country with a significant rise in tax and export revenues.
The incident happened on Monday at the Gunbuster Nickel Industry (GNI) plant in Morowali, local police spokesperson Sr. Comr. Djoko Wienartono confirmed. The smelter, launched in 2021, is owned by China's Jiangsu Delong Nickel Industry and has an annual capacity of 1.8 million tonnes.
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