Why Freeport-McMoRan Shares Rose Sharply
The note released by Scotiabank analyst Orest Wowkadow and the takeover bids highlight a couple of bullish arguments for Freeport-McMoran.
Archive News
GMR to offload $420m stake in Indonesian coal mining company
The sale forms part of the GMR’s efforts to exit non-core businesses to focus on its core infrastructure business.
Ground Breakers: Nickel Industries’ Indonesian nickel mine now one of 10 largest deposits in the world
Nickel Industries (ASX:NIC) is up by over 6% this morning after announcing a mega resource upgrade at its Hengjaya mine in Indonesia.
PTT sells Indonesian mines
National oil and gas conglomerate PTT Plc has decided to sell its Indonesian coal mining business for US$471 million as the firm continues to move towards clean energy.
Should Tesla Invest In Indonesia’s Nickel Mines & Build A New Gigafactory There?
Dozens of non-governmental organizations (NGOs) have appealed to Tesla to terminate their anticipated investment in Indonesia’s nickel industry.
Govt plans to raise tin royalty, ban ingot exports
The government plans to raise the royalty on tin in a bid to gain more revenue amid surging commodity price, the Energy and Mineral Resources Ministry said on Tuesday.
China’s Bauxite Imports Plummeted 2.56 Million mt MoM in June
SHANGHAI, Aug 1 (SMM) – Customs data showed that China imported 9.42 million mt of bauxite in June, down 21.4% MoM and 7.1% YoY.
Nickel Miners News For The Month Of July 2022
The big news emerging in July was the U.S government’s moves to support the EV supply chain (includes nickel) as well as new electric vehicle subsidies.
Cokal (ASX:CKA) appoints additional mining contractor for the BBM Mine, Indonesia
Cokal (CKA) has appointed an additional contractor for the Bumi Barito mineral coking coal mine site in Indonesia.