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Gold miner Amman considering $1 billion Indonesian IPO

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.

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Indonesia intends to limit nickel smelters development

The country is also looking to mandate new nickel smelters to use green energy during production process. Indonesia has unveiled plans to limit nickel smelters construction to ensure new plants produce high-value products, reported Reuters citing a report by state news agency Antara.

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