
Freeport Begins Construction of $3bn Indonesian Copper Smelter
Freeport McMoRan has started construction of a $3bn copper smelter facility in Gresik, East Java, Indonesia.
Freeport McMoRan has started construction of a $3bn copper smelter facility in Gresik, East Java, Indonesia.
Big publicly listed nickel miners and an equipment supplier saw their fundamentals improve this year, making up for losses from the previous year, amid surging global nickel prices.
The Investment Ministry is mulling over plans to ban or restrict the export of processed nickel products with less than 70 percent nickel content.
State-owned mining holding company MIND ID plans to spin off its aluminium operations into PT Indonesia Asahan Aluminium (Inalum) Operating.
Minister of Energy and Mineral Resources (ESDM), Ir. Arifin Tasrif made a working visit to the Batu Hijau Site, West Sumbawa Regency, West Nusa Tenggara Province on Friday (17/9).
Record-high coal prices have helped Indonesian miners post strong results in the first half of the year, giving rise to market optimism as economies around the world begin to reopen.
The Reference Coal Price (HBA) rose again to reach USD 161.63 per ton in October 2021. This increase was due to the increasing demand for coal from China for power generation purposes.
Record-high coal prices have helped Indonesian miners post strong results in the first half of the year, giving rise to market optimism as economies around the world begin to reopen following the easing of COVID-19 restrictions.
Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) said that downstreaming the nickel, bauxite, copper, gold, and crude palm oil (CPO) industries will be a major strategy for the Indonesian economy going forward.
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