Marti, 09 August 2022, now 08:51 – 3226 readings – American manufacturer of electric cars Tesla has signed contracts worth about $5 billion to buy battery materials from Indonesian nickel processing companies, a government minister in Jakarta told CNBC. Southeast Asia’s largest economy has tried to get Tesla to set up a production facility in … Read more
Jakarta – A number of non-governmental organizations (NGOs) sent letters to the CEO of Tesla Elon Musk. They asked the world’s richest man not to invest in Indonesia related to the nickel industry. One of the organizations that sent a letter to Elon Musik was the Indonesian Forum for the Environment (WALHI) following a meeting … Read more
Jakarta, CNBC Indonesia – World commodity prices strengthened throughout the first semester of 2022. The energy sector is the driving force, supported by tight supply. Then followed by the price of food and plant commodities. Meanwhile, recession fears have drowned industrial metal commodity prices. Meanwhile, the prices of precious metals such as gold and silver … Read more
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/WIB77S6OS5BTLGSNFGWIFWBQCA.jpg "Brazil also wants to be a big player in battery metals | world | WORLD")
Brazil, the largest iron ore producer after Australia, wants to attract more exploration and development of key minerals for the clean energy transformation. To do this, the government is reviewing geological information, opening inactive areas and working on indigenous consultation processes, he said. Pedro Paulo Dias Mesquitasecretary of geology, mining and transformation of minerals of … Read more
Jakarta, CNN Indonesia — World Bank said a number of countries were threatened recession in the near future due to the war between Russia with Ukraine to the lockdown in China. However, Indonesia can be said to be free from the threat of a recession because the World Bank projects the economy to continue to … Read more
Jakarta, CNBC Indonesia – Tesla Inc. investment plan. related to efforts to strengthen the global supply chain of electric vehicle batteries in Indonesia will have serious obstacles. Even though according to USGS data, Indonesia is the largest nickel producer in the world with production reaching 1 million tons in 2021 with reserves of 21 million … Read more
Jakarta, CNBC Indonesia – A number of coal companies are now flocking to expand into the nickel mining business to the electric vehicle ecosystem, why? Is the threat of the coal “apocalypse” really in sight, so that coal companies choose to start businesses in other sectors? According to Hendra Sinadia, Executive Director of the Indonesian … Read more
Jakarta, CNBC Indonesia – Holding of the State-Owned Mining Company (BUMN), Mining Industry Indonesia aka MIND ID, recorded a surge in net profit throughout 2021. MIND ID’s net profit in 2021 jumped 687% to Rp 14.33 trillion from Rp 1.82 trillion in 2020. MIND ID President Director Hendi Prio Santoso said, “The company’s positive performance … Read more
Jakarta, CNBC Indonesia – In recent days, the price of minerals, especially nickel, has experienced a crazy spike, even reaching the level of US$ 100,000 per tonne. Due to very high prices, nickel trading on the LME was closed for Wednesday (16/3/2022). When nickel trading in the LME was re-opened, nickel prices declined again or … Read more
Jakarta, CNBC Indonesia – The London Metal Exchange, the metal commodity trading exchange in London, England, today, Tuesday (08/03/2022), suspended nickel trading after an unprecedented price spike, quoted from Bloomberg, Tuesday (08/03/2022) . The price of nickel in trading on Tuesday (08/03/2022) during the day Indonesia has jumped 250% in two consecutive days reaching above … Read more