The London Metal Exchange (LME) halted trading in the nickel market on Tuesday after the price of the metal became extremely expensive. Concerns about disruptions to supplies from Russia due to financial sanctions, which have literally caused a shopping frenzy, are a major contributor to growth. Trading is suspended at least throughout Tuesday. – Russia … Read more
The main index of the Moscow Stock Exchange RTS lost over ten percent shortly after the start of trading, later erased part of the losses and shortly before 10:00 CET showed a decrease of about seven percent to 1122 points. The Russian ruble has fallen against the dollar to its lowest level in almost two … Read more
Jakarta, CNBC Indonesia – World nickel prices set a record high since a decade ago after tensions between Russia and Ukraine flared up again. Investors are worried about the state of world nickel supply On Friday (18/2/2022) at 14.30 WIB, nickel price was recorded at US$ 24,090/ton, up 0.8% compared to yesterday’s closing price. World … Read more
Jakarta, CNBC Indonesia – The Russian military is reported to have returned to the barracks, cooling Russia-Ukraine tensions that had heated up. This has made commodity prices volatile again. Some are sinking, but there are also stable and even rising. Russian President Vladimir Putin confirmed that the Russian Defense Ministry had withdrawn troops and infrastructure … Read more
Jakarta, CNBC Indonesia – Minister of State-Owned Enterprises (BUMN) Erick Thohir has officially appointed Nicolas D. Kanter alias Nico Kanter to be the President Director of PT Aneka Tambang Tbk (ANTM), replacing Dana Amin who has served as President Director of Antam since December 19, 2019. This appointment is the result of the Extraordinary General … Read more
Major changes in the group’s management stem from the long-running disputes between Diess and the unions. Ty Diess was incensed by statements about the necessary massive redundancies of up to 30,000 employees as part of the necessary savings. Diess later softened his statement, but the disputes persisted. According to information from the German media, Diess … Read more
Jakarta, CNBC Indonesia – Prices of mining commodities, both coal and minerals, are currently soaring. In fact, the price of coal has almost touched US$ 300 per ton, the highest since at least 2008. In the midst of passionate mining commodity prices, this is not the case in terms of investment. The Ministry of Energy … Read more
Jakarta, CNN Indonesia — Ekonom senior Faisal Basri assessing the country’s losses of up to hundreds of trillions due to leakage export nickel ore in the last five years. This leak is specifically for exports to China. “The last five years the state has lost hundreds of trillions,” said Faisal in the Core Media Discussion: … Read more
Jakarta, CNBC Indonesia – President Joko Widodo (Jokowi) this morning, Tuesday (12/10/2021), watched the event groundbreaking the construction of the PT Freeport Indonesia smelter in the Special Economic Zone (SEZ) Gresik, East Java. Jokowi also expressed his pride that Indonesia was able to build a copper smelter plant for single line largest in the world. … Read more
Jakarta, CNBC Indonesia – The domestic stock market is considered to be on the rise again starting this year and will continue to grow next year. This increase occurred after investors withdrew their funds massively from last year until the beginning of this year due to doubts over the state of the pandemic in the … Read more