Trafigura’s copper uber-bull departs as metals drama drags onKostas Bintas was demoted in a management reshuffle in September.Bloomberg News | November 12, 2023 | 6:20 am
The diamond world takes radical steps to stop a pricing plungeThe speed and severity of the collapse in diamond prices caught many…Bloomberg News | November 12, 2023 | 6:06 am
Vale to sell 14% stake in Indonesia unitVale’s current operation permit in Indonesia expires at the end…Staff Writer | November 10, 2023 | 4:01 am
The Biden-Jokowi deal is just one step to turn Indonesia green A massive $20 billion deal with the US and Japan will kick-start Indonesia’s drive to wean itself off coal power. Bloomberg News | November 16, 2022 | 7:39 am
Indonesia’s Indika, Taiwan’s Foxconn mull EV partnership with Thai firm In September, Indika and Foxconn launched a $2 billion joint venture to make EVs, batteries and energy storage in Indonesia. Reuters | November 16, 2022 | 7:30 am
Scientists learn what it takes to develop gold-based meta-materials Researchers have achieved first insights into engineering crystal growth by atomically precise metal nanoclusters. Staff Writer | November 16, 2022 | 5:15 am
Indonesia proposes to Canada setting up OPEC-like group for nickel Indonesia and Canada are the first and sixth biggest nickel producers in the world, respectively. Reuters | November 16, 2022 | 3:00 am
Top-performing Japan stock fund bets on metals, chemicals The Arcus Japan Fund, which has the equivalent of $870 million in assets, has beaten all of its peers this year. Bloomberg News | November 15, 2022 | 2:19 pm
Wealthiest nations offer Indonesia $20 billion to wean off coal A group led by the US and Japan has offered Indonesia a $20bn package to help it pay for shifting to renewable energy. Cecilia Jamasmie | November 15, 2022 | 3:37 am
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. Reuters | November 14, 2022 | 9:21 am
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. Bloomberg News | November 14, 2022 | 8:07 am
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. Bloomberg News | November 13, 2022 | 10:11 am