PT Merdeka Copper and Gold Tbk just completed the installation of SNCTechnologies’ MineLink fleet management system at their Wetar Island mine in South-East Maluku.
Indonesia will allow miners Freeport Indonesia and Amman Mineral Nusa Tenggara to continue exporting copper concentrate until next year, despite a ban starting this June, to allow for their smelters to be completed, the mining minister said on Friday.
JAKARTA, Jan 20 (Reuters) – Indonesian conglomerate Bakrie & Brothers (BNBR.JK) is looking to acquire a nickel mine in the resource-rich island of Sulawesi to supply a planned integrated industrial park to produce electric vehicle batteries, an executive said on Friday.
Nickel mining and smelting has become a major part of Indonesia’s economy, with billions of dollars of global investment flowing in to the country after the government banned exports of unprocessed ore in 2020.
Indonesia produced 1.6 million tonnes of nickel in 2022, more than any other country, according to the U.S. Geological Survey. It is tied with Australia for the world’s largest reserves, at 21 million tonnes.
Copper miner Freeport Indonesia has restored operations at its huge Grasberg mine in Indonesia’s Papua region, after it was hit by floods, a company spokesperson said on Wednesday.
Indonesia’s Harita Nickel has started its investor roadshow ahead of a $600m public listing later this month. This comes as the first act in a political effort to keep nickel processing within Indonesia.
Barrick Gold Corp., the world’s largest producer of the precious metal, sees Indonesia as a possible site for exploration as it hunts for gold and copper deposits across South Asia.
PT Amman Mineral Internasional, which owns the second-largest copper and gold mine in Indonesia, is considering an initial public offering in Jakarta that could raise as much as $1 billion, according to people with knowledge of the matter.
