Indonesia Mining News

Chinese traders freeze Australian coal orders amid 40-day customs delays – sources

Tension between Beijing and Canberra has grown in recent months over issues of cyber security and China's influence in Pacific island nations.

Grasberg hasn't received new copper export permit

Indonesia forecast copper concentrate exports to drop to 200,000 tonnes in 2019 from about 1.2 million tonnes last year.

Mitsubishi Materials cuts sales estimate for Indonesia copper smelter

Maintenance and slower ramp-up last year caused a reduction in copper cathode output by 26,000 tonnes.

Indonesia plans 22% "safeguard" tariff on aluminium foil – WTO filing

The proposed tariff, would fall to 18% in the second year and 14% in the third year.

Climbing nickel output to cast shadow on prices

"Current price moves are a knee jerk reaction to the Vale news," said BMO Capital Markets analyst Kash Kamal.

Indonesia plans electric vehicle incentives for foreign car makers

Indonesian officials targeting 20% EV production by 2025.

Indonesia releases new rules on export revenue repatriation

"It feels like the penalties are not balanced" - Hendra Sinadia, Indonesian Coal Mining Association.

China's Tsingshan, partners start work on Indonesia battery materials plant

This project refines the key raw material for the preparation of ternary power batteries from the laterite nickel ore – battery-grade nickel-cobalt raw materials.

Exports from world's second-largest copper mine to drop 85%

Concentrate shipments from Indonesia's Grasberg mine, will drop because of a lag in output while operations shift from open pit to underground mining.

Japan's Sumitomo Metal sees global nickel deficit nearly halving in 2019

Global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 million tonnes.

Freeport Indonesia has new mining permit valid to 2031

The permit given to PT Freeport Indonesia is valid up to 2031, and could be extended another ten years.

Freeport to pay Indonesia $32m for illegal forest use – state auditor

The government aims to issue a new mining permit for Grasberg - which requires the environmental permit issues to be settled - before the end of the year.

Indonesia's Inalum expects to finalise Freeport deal this week – CEO

Inalum was proposing to sell a 10% stake in PT Freeport Indonesia to Papua for $819 million.

Indonesia's Silkroad Nickel inks $290m offtake agreement

The deal is to supply 15 million tonnes of nickel ore over a period of five to eight years, beginning March 2020.

Indonesia coal miner Bayan completes A$226m buy back of Kangaroo Resources

"The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources."

Construction on $4B Indonesia EV battery project begins Jan 2019 – Minister

Looking at its resources, Indonesia will become the main player in lithium batteries.

Mitsubishi Materials says its Indonesia copper smelter declared force majeure on some deliveries

The smelter went into maintenance that was scheduled for about 30 days, but has been extended due to a lack of oxygen supply from a neighboring oxygen plant.

Indonesian president calls for Freeport deal to be wrapped up quickly

For Indonesian President Joko Widodo, seeking reelection next year, getting a majority stake in the mine for Indonesia would be a political boon.

Indonesia's push for electrification and its impact on domestic coal – report

Due to better coal economics and relatively unsupportive renewable energy policies, we expect coal to still dominate the fuel mix at more than 60% from now until 2027.

Australia's coal revival in full swing by 2019

The outlook for coal depends basically on the growth of electricity and steel production in Asia.

LafargeHolcim sells Indonesian business to Semen Indonesia

The assets sold consist of four cement plants, 33 ready-mix plants and two aggregate quarries.

Indonesia's Inalum sells $4B in bonds to fund Freeport purchase

The deal came amid choppy global markets, rocked by trade concerns and slowing economic growth in Asia - including Indonesia.

Indonesia hauling ban could paralyse South Sumatra coal mining – Assoc

Indonesia's South Sumatra province plans to ban coal transporters from using public roads from Nov. 8

India court asks regulator to decide on Tata, Adani power relief

The plants haven’t been running at full capacity after the court ruled last year that a change in regulations overseas couldn’t be a ground for increasing power prices.

Copper price drop prompts expansion rethink at top producer

Freeport-McMoRan CEO Richard Adkerson says reduced spending on large-scale projects will add to the impending supply gap on global copper markets.