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Coal miner Bayan Resources has received a bid from Indonesian tycoon Andi Syamsuddin Arsyad that values the coal miner at a fraction of its market value, according to people familiar with the...
China's aluminium smelters have been running red hot this year. The Shanghai aluminium price is nudging three-month highs, raw material costs are historically low and margins are strong. Every...
Chinese makers of batteries for electric vehicles are demanding steeper discounts for cobalt, which could further cut into margins at Indonesian nickel producers squeezed by rising costs of ore and...
India has resumed talks with Zambia to explore investment opportunities in copper and other critical minerals, two sources said, as New Delhi looks increasingly overseas for raw materials to meet...
Units of Indonesia's largest coal miner, PT Bumi Resources, have launched construction of a plant intended to produce up to two-million tons of gas a year from coal, the Energy and Mineral...
The owner of Indonesia’s PT Bayan Resources is in talks to sell a majority stake in the $28-billion miner to a consortium led by a rival tycoon, in what could be one of the country’s biggest coal...
Indonesia's upcoming minerals and strategic commodity exchange would be built with infrastructure that can be trusted, the president's nominee to regulate commodity trading said on Monday. The...
Indonesia's planned exchange for "mineral and strategic commodities" will likely include palm oil, nickel and coal, a presidential spokesperson said as the government makes preparations to launch...
The metals complex has remained well-supported so far this month, extending the upward momentum from late June, BMI, a Fitch Solutions company, points out. It explains that this is underpinned by a...
London Metal Exchange (LME) stocks of aluminium have slumped to their lowest level since 1990, attesting to the supply-chain dislocation caused by the Iran war. Gulf production of primary...
Indonesian President Prabowo Subianto said on Friday that a new State export firm will monitor key commodity shipments and its role will be expanded, but said it would not take over control of...
The Indonesian government will grant additional nickel ore production quotas selectively and only to smelters that are running low on raw materials, an industry association said on Thursday, as the...
Freeport Indonesia said on Wednesday that smelter operations at its Smelting Gresik subsidiary have been stopped since August 8 for furnace repairs. Freeport Indonesia CEO Tony Wenas said in a...
China's coal imports surged to the highest this year in July but the strength is deceiving and built on short-term factors that are unlikely to persist. Total coal imports rose 23% in July from...
By: Mike Snell, Director Projects – WA & Africa, Ausenco In mining project delivery, few decisions can have a bigger impact on cost, schedule and risk than the execution strategies chosen early in...
Copper and gold miner PT Freeport Indonesia plans to resume production at its Manyar smelter in September as copper concentrate production from its Grasberg mine gradually recovers, CE Tony Wenas...
Exports of Indonesian mineral products have resumed after delays linked to testing for rare-earth element contents, with shipments of alumina hydroxide and alumina oxide leaving from West...
More than two months after President Prabowo Subianto unveiled plans to take control of Indonesia’s top commodity exports, the agency charged with carrying out the proposal is caught between...
A US government-backed consortium has been picked as the favored candidate to invest in a large nickel project in Tanzania, as the Trump administration looks to fund new supplies of key metals....
Indonesia has resumed exports of minerals that may contain rare earth elements as byproducts, the president's office said on Monday, following complaints from the metals industry about shipment...
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