November 14, 2022 Indonesia to set up $2bn EV fund with China’s CATL, CMB International Indonesia is keen to develop its own EV and battery industries at home, after banning exports of nickel ore to ensure supply for investors since 2020.
November 14, 2022 Nickel briefly surges by limit as report of blast spooks market The metal price jumped by its 15% daily limit after an unconfirmed report about a blast at a nickel plant in Indonesia.
November 13, 2022 Two-wheelers come first in Indonesia’s electric vehicle strategy The Indonesia Battery Corporation plans to produce 50,000 battery packs for two-wheelers next year.
November 13, 2022 Indonesia’s Adaro signs MoU with Hyundai for aluminum supply Hyundai would secure the right to purchase aluminium produced by Adaro's subsidiary PT Kalimantan Aluminum Industry at an early stage of production.
November 11, 2022 Ford, GM in talks with Posco Chemical on battery metal hubs GM is investing $35 billion to make its lineup fully electric by 2035, while Ford is plowing $50 billion.
November 11, 2022 Hindalco profit sinks on high costs, plans to raise $124 million Hindalco’s costs surged 24% during the quarter, with power expenses almost doubling.
November 11, 2022 Rio Tinto’s long-awaited deal comeback is stuck in limbo Rio has struggled to win investor support for the Turquoise Hill deal, forcing it to offer unusual terms to the most stubborn holdouts which appeared to be enough to close…
November 11, 2022 Indian miners seek higher import tax on aluminum, zinc, copper products The government should raise import taxes to 10%-15% on several aluminum products, including scrap to 10% from 2.5%.
November 11, 2022 Vedanta says state revenue share would make Barmer oil asset unviable The government has said it is entitled to increase its revenue share from the block by 10%, having recently extended the contract for the Barmer asset by 10 years.
November 10, 2022 ArcelorMittal’s Q3 profit beats expectations on energy savings ArcelorMittal said it had cut its gas consumption in Europe by 30% in a bid to counter surging energy prices.
Super Copper’s Cordillera project approved by Chile’s National Mining Authority The concessions cover approximately 6,858 hectares in the Atacama copper belt. December 24, 2025 | 11:24 am
