These coal firms have affirmed their commitment not to revise their production plans or Budget and Expenditure Work Plans (RKAB) for the year 2023.
LX International Corp., the trading unit of South Korea’s LX Group, announced on Tuesday its plan to acquire a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP).
Indonesia and US have launched talks around a potentially critical EV minerals deal, which could focus mainly on nickel.
Minister of Energy and Mineral Resources Arifin Tasrif said that Indonesia has enormous mineral and coal potential and plays an important role in economic growth, as well as national industrial independence and resilience.
PT Merdeka Battery Materials Tbk ( MBMA ) is exploring further downstream development of nickel, namely to the anode and cathode.
PT Aneka Tambang Tbk (ANTM) Ferronickel (FeNi) smelter in East Halmahera, North Maluku is approaching the operational stage. Aneka Tambang Syarief Company Secretary Faisal Alkadrie, said Antam had completed the commissioning process for the facility.
PT Freeport Indonesia is targeting its smelter located in Gresik, East Java to be able to produce copper cathodes in August 2024.