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ASX-listed Nickel Industries has agreed to invest $169-million for a 17.5% interest in the PT Teluk Metal Industry high-pressure acid leaching project in Indonesia's Morowali Industrial Park, securing exposure to mixed hydroxide precipitate production ahead of a government moratorium on new HPAL developments. The project, being developed alongside Korean and Japanese industrial groups, is expected to deliver about 6 775 t/y of attributable nickel production to Nickel Industries by September 2027, with construction already underway and commissioning set to start in mid-2027.
Indonesia works to secure coal supply for State utility amid blackout reportsIndonesia's Energy and Mineral Resources Minister says the government is forming a team to oversee coal procurement for State power utility Perusahaan Listrik Negara after reports of blackouts in Java and Bali, with rising production costs for medium-grade coal creating supply challenges. PLN is expected to require 154-million tonnes of coal to generate power in 2026 and has secured contracts for 134-million tonnes, while the government works to bridge the price gap for coal sold under the domestic market obligation cap of $70/t.
PC Ketapang II begins construction on Bukit Panjang gas field in East JavaPC Ketapang II, a unit of the Searah joint venture between Italy's Eni and Malaysia's Petronas, has launched physical construction work on its Bukit Panjang gas field in East Java, aiming to reach production in 2028. The field is expected to reach peak production of 50-million cubic feet of gas a day, with output integrated into existing infrastructure in the Ketapang working area.
Indonesia Updates
ASX-listed Far East Gold's independent board committee has recommended that shareholders reject the unsolicited off-market takeover offer having been made by Hong Kong-based Xingye Gold. Xingye's...
Asia's imports of seaborne thermal coal are rebounding as China boosts purchases to compensate for soft domestic output and Japan and South Korea seek energy security amid the fallout from the...
One of Indonesia’s largest nickel smelters has been placed under a temporary debt suspension by a local court, as the Southeast Asian nation’s industry grapples with ore shortages and low metal...
Indonesia has not decided its nickel production quota for the entirety of 2026, the country's mining ministry said on Thursday, amid speculation that the quota would be increased. The government...
ASX-listed Nickel Industries has taken another significant step in its strategy to expand its exposure to the electric vehicle (EV) battery supply chain, agreeing to invest $169-million for a 17.5%...
India is increasing the use of domestic fuel to more than 50% at power plants designed to run on imported coal, as the world's second-largest thermal coal importer seeks to curb costly overseas...
Orion Critical Mineral Consortium (Orion CMC), a minerals investment group backed by the US government, is in advanced discussions to establish three new public-private partnerships in Asia as it...
China's imports of coking coal, a steelmaking ingredient, are set to rise further this year after a fatal mine accident reduced domestic supply, traders said. Chinese importers have turned to...
Digital banking platforms and low-cost payment systems are expected to play an increasingly important role in enabling intra-African trade, supporting small businesses and improving financial...
The most persistently bullish part of the commodities sector in recent years has been metals associated with the energy transition, such as copper, lithium and rare earth elements. Iron-ore miners...
Indonesia's Energy and Mineral Resources Minister said on Thursday that the government is working to ensure that coal supplies to state power utility Perusahaan Listrik Negara (PLN) remain stable...
PC Ketapang II Ltd, a unit of the Searah joint venture between Italy's Eni and Malaysia's Petronas, has begun the physical construction work on its Bukit Panjang gas field in Indonesia, the company...
Orica, the world's top supplier of commercial explosives, said on Wednesday it is facing a string of challenges around the world that could affect demand for its services, including Ebola and a...
A deadly mining accident in China's biggest coal-producing region and mounting policy chaos around Indonesian exports are choking global supplies, which analysts and industry officials say could...
As the global economy shifts towards cleaner energy systems, electrification and digital technologies, more countries are competing for access to critical minerals. Clean technologies will account...
India's State-owned Steel Authority of India (SAIL) and NMDC are exploring acquisitions of coking coal assets in Russia as New Delhi seeks to secure supplies of critical raw materials, Indian...
Aim-listed tin developer Cornish Metals is making swift progress toward starting commercial production at the South Crofty project in Cornwall, UK, by mid-2028. Cornish is actively refurbishing...
The Indonesian unit of French miner Eramet has halted nickel ore production after a government decision to slash its 2026 mining quota by 70% compared to last year left it unable to continue...
China has chosen a new State investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its ability to secure resources,...
Look out for PyroFuZA. Those eight letters have the potential to make best use of South Africa’s natural resources and restore South Africa’s value-adding power, which, in turn, can help to foot...
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