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China’s CNGR, Rigqueza Build Nickel Matte Plant in Indonesia

JAKARTA (TheInsiderStories) - Chinese electric vehicle (EV) battery maker, CNGR Advance Material Co., and Singapore-based Rigqueza International Pte. Ltd., set up a nickel matte for lithium battery...

Indonesia’s ANTAM Targets Higher Sales Volume in 2021

JAKARTA (TheInsiderStories) - State miner, PT Aneka Tambang Tbk (IDX: ANTM), also know ANTAM, targeting the sales volume of nickel ore rose 104 percent in this...

Vale Indonesia Allocates Capex US$152M, Profits Skyrocketed

JAKARTA (TheInsiderStories) - A nickel miner, PT Vale Indonesia Tbk (IDX: INCO), preparing funds of US$152 million to execute furnace and other projects in this year. At...

Freeport Indonesia, Tsingshan to build Copper Smelter in Weda Bay

JAKARTA (TheInsiderStories) - Senior minister, Luhut Binsar Panjaitan, said on Wednesday (02/03), PT Freeport Indonesia (PTFI) and China’ Tsingshan Steel is finalizes the development of copper smelter...

GEM Aims to Increase Stakes in Indonesia’s Nickel Project

JAKARTA (TheInsiderStories) - Chinese electric vehicle (EV) battery producer, GEM Co. Ltd., aims to double its ownerships in an Indonesian nickel project at Indonesia Morowali Industrial Park...

Japan’s Toyota Prepares US$2B to Build EV Plant in Indonesia

JAKARTA (TheInsiderStories) - Japan' auto-maker, Toyota Motor Corp., is preparing an investment fund up to US$2 billion in indonesia until the next five years, said the...

Indonesia’s PTPP, CNI Build Ferronickel Smelter Project

JAKARTA (TheInsiderStories) - State-owned construction firm, PT PP Tbk (IDX: PTPP) and a private nickel producer, PT Ceria Nugraha Indotama (CNI), collaborating to construct a ferro-nickel...

Indonesia’s Nickel Ore Production Could Grow Triple by 2023

JAKARTA (TheInsiderStories) - Indonesian government estimates that nickel ore production will nearly triple to 71.40 wet million tones (WMT) in 2023 along with the construction of...

Indonesia’s IMIP Plans to Go IPO, Needs US$3B Investment

JAKARTA (TheInsiderStories) - A mining industrial zone' manager, PT Indonesia Morowali Industrial Park (IMIP) plans to list its shares in 2021, said the management yesterday....

Vale Indonesia’s Production Rises 10% on the High Demand

JAKARTA (TheInsiderStories) - The miner, PT Vale Indonesia Tbk (IDX: INCO) reported a 10 percent increase in production to 55,792 metric tones (MT) of nickel in...

Indonesia’s Trinitan to Build Nickel Smelter in Central Sulawesi

JAKARTA (TheInsiderStories) - The issuer owned by the Tandiono family, PT Trinitan Metals and Minerals Tbk (IDX: PURE), has plans to build a nickel smelter...

Hydrotech Metal Indonesia to Lists Shares in Canada

JAKARTA (TheInsiderStories) - PT Hydrotech Metal Indonesia, a private nickel producer, has plans to list its shares on the Toronto Stock Exchange as part of...

Vale Indonesia Revises Up Nickel Productions to 73,700 MT in 2020

JAKARTA (TheInsiderStories) - Nickel producer, PT Vale Indonesia Tbk (IDX: INCO), has revised its production targets to 73,700 metric tones (MT) nickel in matte from...

Vale Indonesia Sees Slowing Demand for Nickel and World Supply

JAKARTA (TheInsidersStories) - Nickel producer, PT Vale Indonesia Tbk (IDX: INCO) is projecting a slowdown, both in terms of demand and supply, as commodity...

Vale Indonesia Memproyeksikan Ada Perlambatan Permintaan Nickel Dunia

JAKARTA (TheInsidersStories) - Produsen nikel, PT Vale Indonesia Tbk (IDX: INCO) memproyeksikan akan terjadi perlambatan, baik dari sisi permintaan maupun pasokan, seiring membaiknya harga...

Huadi Nickel Adds US$458M of Investment for Bantaeng Smelter

JAKARTA (TheInsiderStories) - Nickel miner PT Huadi Nickel-Alloy Indonesia has re-injected Rp6.5 trillion (US$457.74 million) to build a smelter in Bantaeng, South Sulawesi, which...

MIND ID officially Holds 20% Vale Indonesia Shares

JAKARTA (TheInsiderStories) - PT Indonesia Asahan Aluminium (MIND ID0 officially hold 20 percent shares of PT Vale Indonesia Tbk (IDX: INCO) after signed a definitive agreement...

Canada’s Pacific Rim Build Nickel Cobalt Plant in Papua

JAKARTA (TheInsiderStories) - Canadian cobalt producer, Pacific Rim Cobalt Corp., (CSE: BOLT) (FRANKFURT: NXFE) has planned to develop nickel-cobalt business in north coast of Papua. To...

Five Smelters Operates This Year, says EMR Ministry

JAKARTA (TheInsiderStories) - Five smelters will operates in this year Indonesia, said the government official yesterday (01/23). Three smelter based on nickel and others use...

Morning Briefing: President Widodo Visits Natuna Island

JAKARTA (TheInsiderStories) - President of Indonesia Joko Widodo has scheduled to visit Natuna Island today. As known, the country has dispute with China on the...

Indonesian Nickel Export Swells to US$97M in October

JAKARTA (TheInsiderStories) - Ahead of the permanent halt in nickel exports from Indonesia early next year, the world's top supplier of nickel recorded export...

China Molybdenum Buys 30% Huayeu Shares in Indonesia

JAKARTA (TheInsiderStories) - China Molybdenum Co. (CMOC) through its financial arm W-Source planned to take an indirect 30 percent stake in an Indonesian project own by...

Indonesian Mining Export Price Lowering in October

JAKARTA (TheInsiderStories) - Indonesian mining export price lowering in October due to global fluctuations, the trade ministry has announced today (09/27). Compared to 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...

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,...

Indonesia’s ANTAM to Export 1.2MT Nickel Ore, Extend Gold Mining License

Jakarta (TheInsiderStories) - PT Aneka Tambang Tbk (IDX: ANTM), a state-owned miner targeting to export 1.2 million wet metric ton (wmt) of nickel ore...

Japan’s Sumitomo Invests US$1.8B in Indonesia’s EV Battery Project

JAKARTA (TheInsiderStories) - Japan's miner Sumitomo Metal Mining Co., Ltd., planned to invest US$1.8 billion on EV battery  businesses in Indonesia. The miner has conducted...

Antam Granted Additional Export Permits for Nickel, Bauxite

JAKARTA (TheInsiderStories) - PT Antam Tbk (ANTAM; IDX: ANTM; ASX: ATM) has received the renewal recommendation permit of mineral export for low grade nickel ore and...

Korea MBG to Construct $5.32B Nickel Smelter

JAKARTA (TheInsiderStories) – South Korean Made By Good (MBG) Group, operating through its Indonesian subsidiary PT MBG Nikel Indonesia, is in the process of...

Encouraging Signs in Nickel Smelter Development, But Exports Slow

JAKARTA (TheInsiderStories) – The Energy and Mineral Resources Ministry has recorded an encouraging progress of nickel smelter development as reflected in the amount of...
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