Hindustan Zinc stocks have fallen since the proposal to buy two Vendata subsidiaries.

This process would also include new concession areas targeting commodities like chromite, copper, limestone and others.

Freeport was forced to stop operation at its flagship mine in February after heavy rain and mud flows damaged the facilities.

Supply remained relatively tight and demand will be supported by the pick-up in downstream steel demand, analysts say.

Company will focus on getting its Kalgoorlie plant operational amid concerns its Malaysian facility will have to be partly wound down.

Indonesia's energy company Medco Energi Internasional owns a 23.1% stake in the company.

The value of Indonesia’s nickel exports surged tenfold in five years after it forced buyers to set up refineries in the country.

Workers at PT Indonesia Morowali Industrial Park (IMIP) said they "endured a lot of physical, psychological, financial damages to their reputation as human beings".