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LG Energy, SOEs Build EV Industrial Centre in Indonesia

JAKARTA (TheInsiderStories) - Indonesia will soon have the first integrated electric vehicle (EV) battery cell industrial center, after the South Korean firm, LG Energy Solution Ltd.,...

MIND ID, Emirates Global to Build Smelter in Indonesia for US$800M

JAKARTA (TheInsiderStories) - The holding of state mining firms, PT Indonesia Asahan Aluminum (MIND ID) signed a deal with Emirates Global Aluminum (EGA), the largest aluminum...

Indonesian Demand for DMO to Reaches 187MT in 2024

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry sees, the demand for Domestic Market Obligation (DMO) is estimated to increase by 21 percent to 187...

After Get Warning, Freeport Indonesia Promises to Build New Smelter

JAKARTA (TheInsiderStories) - After get warning from the energy and mineral Resources (EMR) ministry, PT Freeport Indonesia (PTFI), agreed to build a new copper smelter...

The Government Send Warning Letter to Freeport Indonesia

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry gave a warning to the gold and copper miner, PT Freeport Indonesia (PTFI), for the delay...

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....

Freeport-Mcmoran Wants to Expand Copper Smelter in Gresik

JAKARTA (TheInsiderStories) - American miner, Freeport-McMoRan Inc., (NYSE: FCX) aimed to expand its existing copper smelter at Gresik, East Java by 30 percent, said the company...

ANTAM, Vale Indonesia Declares the Potential Sumbawa

JAKARTA (TheInsiderStories) - A joint venture company (JVC) between PT Aneka Tambang Tbk. (IDX: ANTM) and Eastern Star Resources Pty. Ltd., PT Sumbawa Timur Mining found...

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...

Vale Indonesia Halt Nickel Smelter Projects due to Pandemic

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Vale Indonesia (IDX: INCO), has postponed a US$90 million of its Sorowako nickel smelter in South Sulawesi due...

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...

Huadi Nickel Tambah Investasi Rp6.5T untuk Smelter Bantaeng

JAKARTA (TheInsiderStories) - Penambang nikel PT Huadi Nickel-Alloy Indonesia telah menyuntikkan kembali Rp6,5 triliun untuk membangun smelter di Bantaeng, Sulawesi Selatan, yang direncanakan menjadi...

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...

Indonesia’s Inalum Sold Bond US$2B to Refinances Debt, Build Projects

JAKARTA (TheInsiderStories) - Integrated aluminum company, PT Indonesia Asahan Aluminium (Inalum) has successfully issued global bond worth of US$2.5 billion, said the state own enterprises ministry...

Indonesia’s Timah Slices the Production up to 30% per Month

JAKARTA (TheInsiderStories) - The world’ second-largest tin producer, PT Timah Tbk (IDX: TINS), plans to cut its capacity production up to 30 percent a month...

Sumbawa Timur Founds Copper, Gold Deposits in West Nusa Tenggara

JAKARTA (TheInsiderStories) - Local miner, PT Sumbawa Timur Mining (STM) announced the discovery of the onto copper-gold ore deposit. STM is the seventh generation contract of...

Freeport Indonesia Build New Smelter in East Java

JAKARTA (TheInsiderStories) - The second-biggest copper miner in the world, PT Freeport Indonesia (PTFI), expects to start the construction of a new smelter, processing and...

Indonesia’s Nickel Ore Production to Drops 52% in 2020

JAKARTA (TheInsiderStories) - Indonesian Nickel Mining Association sees, local nickel ore production is projected drops 52 percent ​​to 25 million wet metric tons (WMT) in this...

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...

Freeport Indonesia In-talks With Banks for Smelter Project’s Financing

JAKARTA (TheInsiderStories) - Gold and copper miner, PT Freeport Indonesia (PTFI) in-talks with local and foreign bank to get a syndicate loans to build smelter project in...

Japan’s Sumitomo Targeting to Operates Pomalaa Nickel Mines in 2020

JAKARTA (TheInsiderStories) - Japanese miner, Sumitomo Metal Mining Co. Ltd., (SMM), targeting to operate Pomalaa nickel owned by PT Vale Indonesia Tbk (IDX: INCO)...

Indonesian Set Nickel Ore Price US$30 for Domestic Market

JAKARTA (TheInsiderStories) - Indonesian government, nickel miner, and smelter operator agreed the nickel ore price maximum US$30 per metric ton (MT) for domestic market. The...

After Halt for Moment, Indonesia Re-opened Nickel Ore Export

JAKARTA (TheInsiderStories) - After halt for 10 days, Indonesian government finally re-opened nickel ore export, said senior minister today. On Oct. 10 energy and mineral resources...

Indonesian Govt Halt Nickel Ore Export for Temporarily

JAKARTA (TheInsiderStories) - Indonesia' energy and mineral resources ministry halt nickel ore export for temporally starting today to evaluate the nickel mining contract, said the...

Freeport Indonesia Prepares US$3B to Build Smelter

JAKARTA (TheInsiderStories) - PT Freeport Indonesia (PTFI) prepared an initial investment US$3 billion to build smelter in the country, said its holding today (10/23). The...

Brazilian Company, Vale Indonesia Invests US$5B to Build Smelter

JAKARTA (TheInsiderStories) - Brazilian company joined with nickel miner, PT Vale Indonesia Tbk (IDX: INCO) collaborating build smelter in the country Indonesia with an...

Indonesia Targets 31 Smelters Operated in 2022

JAKARTA (TheInsiderStories) - Indonesian government targets 31 nickel smelter to be operate in 2022, with 20 of them projected to be achieved next year...