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Indonesia Lowers Smelter Project Numbers Amid Shortage Supply

JAKARTA (TheInsiderStories) - Indonesia expects to have 52 smelters operating by 2022 with a total combined investment estimated at US$20.39 billion, energy and mineral...

Freeport’s Employee Buses Shoted in Papua

JAKARTA (TheInsiderStories) - The bus group transporting the employees of PT Freeport Indonesia was shot in Papua on Monday (01/13), local media reported. A...

Indonesia’s MIND ID Boost the Production to Curb Import

JAKARTA (TheInsiderStories) - PT Indonesia Asahan Aluminum (MIND ID), a state-owned miner, aimed to boost the production around 500,000 tons of aluminum per annum to...

Freeport’s Underground Mine to Produces 96,000 Tons in 2020

JAKARTA (TheInsiderStories) - PT Freeport Indonesia (PTFI) targeting underground mining volume to reach 96,000 tons of ore per day in 2020. In the following year, the production...

Indonesian House Ensures Amending Coal Mining Law Completed in August 2020

JAKARTA (TheInsiderStories) - Indonesian House's Commission VII, who oversees the energy sector, set targets to be able to complete the amending coal mining rules...

Indonesia Raises Nickel Royalty from 5% to 10%

JAKARTA (TheInsiderStories) - Indonesian government raised nickel royalty from 5 percent to 10 percent, said energy and mineral resources (EMR) ministry today (12/10). The new...

Indonesian Govt, House Resumes Talk on Mineral Laws Revision

JAKARTA (TheInsiderStories) - Indonesian House of Representatives resumed talks over new mineral and coal law to replace the then-law number 4 of 2009 in...

Investment in Indonesia’s Energy Sector Reaches US$63.6B by 2024

JAKARTA (TheInsiderStories) - Indonesian coordinating minister for maritime and investment affairs Luhut Binsar Pandjaitan said he is upbeat the investment target in the energy...

Famous Names in Indonesia will Lead Major SOEs

JAKARTA (TheInsiderStories) - Several famous names will lead major state own enterprises (SOEs), sources told TheInsiderStories recently. As reported, several big companies leader has...

Indonesia Imposes Tariffs on Imported Aluminium Foils

JAKARTA (TheInsiderStories) - The Indonesian government has imposed safeguard tariffs for imported aluminum foil products, the trade ministry announced on Wednesday (11/07). The new...

Sinar Mas Become the Shareholders of Bank CCB Indonesia

JAKARTA (TheInsiderStories) - Financial company, PT Sinar Mas Multiartha Tbk (IDX: SMMA) will become the shareholders of PT Bank of CCB Indonesia Tbk (IDX: MCOR), said...

EU Challenges Indonesian Nickel Ore Export Ban to WTO

JAKARTA (TheInsiderStories) - European Union (EU) is possible challenges Indonesia’ planned to ban nickel ore exports to the World Trade Organization (WTO), amid concerns about supply shortages...

Indonesia’s WIKA, PTPP Build Integrated Toll Road and Sea Wall in Semarang

JAKARTA (TheInsiderStories) - The consortium of PT PP Tbk (IDX: PTPP), PT Wijaya Karya (IDX: WIKA), and PT Misi Mulia Metrika along signed an agreement to...

Indonesia Losses US$56.34B from Tax Cut Plan

JAKARTA (TheInsiderStories) - Indonesia has the potential to loss tax revenues up to Rp887 trillion (US$56.34 billion) as the government' plan to reduce the...

Indonesia Officially Issues Nickel Export Ban Regulation

JAKARTA (TheInsiderStories) - Indonesian government officially issued an energy minister' regulation concerning on Minerals to implement the banning of export of nickel ore with content...

Freeport Get Permit to Export 300,000 Tons of Copper

JAKARTA (TheInsiderStories) -  Indonesia' Energy and Mineral Resources (EMR) ministry rise PT Freeport Indonesia (PTFI)' quota after approved the revision of the company' Work Plan...

Indonesia to Ban Nickel Ore Export Starting 2020

JAKARTA (TheInsiderStories) - Nickel price soared to its highest in five years after major producer Indonesia said it would ban the export of ore starting Jan.1,...

Vale Indonesia Invests US$2B to Build Bahodopi, Pomalaa Projects

JAKARTA (TheInsiderStories) - Publicly listed miner, PT Vale Indonesia Tbk (IDX: INCO) in talks with potential investor from China to build Bahodopi smelter in Central...

Indonesia Arrests 34 People in Papua, West Papua Riots

JAKARTA (TheInsiderStories) - Indonesian government has arrested 34 people during the four days' riot in Papua and West Papua. Yesterday, antiracism protest continued in Papua for...

Indonesia Targeting Amman Mineral’s Smelter Completed in 2022

JAKARTA (TheInsiderStories) - Indonesian government hope the smelter owned by PT Amman Mineral Nusa Tenggara (AMNT) in Sumbawa, West Nusa Tenggara, to be be...

Vale Indonesia Prepares US$5B to Build Nickel Projects with Partners

JAKARTA (TheInsiderStories) - Publicly listed nickel miner, PT Vale Indonesia Tbk (IDX: INCO), has planned to invest US$5 billion in nickel projects with its...

Indonesia Prepares Central, East Java to Boost Export and Investment

JAKARTA (TheInsiderStories) - Indonesian government prepares East and Central Java provinces as the center of national economic development. Both province were considered to have...

Indonesia to Stops Raw Mineral Exports in 2022

Jakarta (TheInsiderStories) - Indonesian government ensured that after 41 smelters operating, the country will stop raw mineral exports in 2022. So far, most of...
Indonesian Government to Summon Garuda’s Auditors and Directors Next Week

Indonesian Govt to Summon Garuda’s Auditors, Directors Next Week

JAKARTA (TheInsiderStories) – After finding irregularities in the annual financial statements of PT Garuda Indonesia Tbk (IDX:GIAA) in 2018, Ministry of Finance, Supreme Audit...
Indonesia’s Inalum and ANTAM to Invest US$850 M to Produce Alumina

Indonesia’s Inalum, ANTM Prepares Smelter Project in Menpawah

JAKARTA (TheInsiderStories) – PT Indonesia Asahan Aluminum (Inalum) and PT Aneka Tambang Tbk (IDX: ANTM) have started the construction of bauxite ore to alumina...
Walhi Critics of Indonesia's Plan to Leave the Paris Commitment

Walhi Critics Indonesia’s Plan to Leave Paris Commitment

JAKARTA (TheInsiderStories) – Wahana Lingkungan Hidup Indonesia (Walhi) assessed the statement of the Coordinating Minister of Maritime Affairs, Luhut Binsar Pandjaitan who said the...

Five Indonesia’s Mineral Firms Carry Out Divestment in 2019-2020

JAKARTA (TheInsiderStories) - Indonesia' Energy and Mineral Resources (EMR) ministry said there are five mineral companies that will carry out the divestment in 2019 - 2020....

Indonesia Targets Completes 57 Smelters Until 2022

JAKARTA (TheInsiderStories) - The government targets the development of mineral processing and refining facilities (smelters) until 2022 to complete the construction of 57 smelters...

Indonesia’s Adaro Eyes Indian Power Producer

JAKARTA (TheInsiderStories) - Indonesian coal miner PT Adaro Energy Tbk (IDX: ADRO) have expressed interest in buying India' IL&FS Tamil Nadu Power Co. Ltd. (ITPCL)...
Indonesian Election Possible Loses West Papua's Voters

Indonesian Election Possible Loses West Papua’s Voters

JAKARTA (TheInsiderStories) – Indonesian presidential and legislative elections will not be followed by the people of West Papua said the protester today (02/12). The declaration...