Market analyst Wood Mackenzie warns that the ongoing metals and mined commodity price spikes, combined with heightened geopolitical tensions, could result in long-lasting market changes.
PT Freeport’s industry-leading corporate policies mandate safer mining practices to remove personnel from working in areas of the Grasberg Block Cave.
London Metals Exchange stockpiles have been extremely tight, hitting their lowest levels since 1974 last year.
As automakers around the world set bold targets for vehicle electrification, many in the industry are looking to nickel — an integral component of most lithium ion batteries — as a major hurdle.
Australia’s Nickel Mines has signed a binding definitive agreement with its partner Shanghai Decent Investment (Group) to acquire a 70% equity interest in the Oracle Nickel Project in Indonesia.
Freeport Indonesia is studying a plan to switch energy sources at its massive Grasberg copper and gold mine.
Indonesian police are looking into the death of a politician from Sulawesi island who opposed a gold mine project.
The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK).
The mining contractor issuer PT Petrosea Tbk (PTRO) will be acquired by PT Caraka Reksa Optima, this happens after PT Indika Energy Tbk.
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