PH pitches for nickel, copper collaboration with Indonesia
The Philippines raised the potential of a joint nickel and copper collaboration with Indonesia to facilitate the transition to green technologies for sustainable future.
The Philippines raised the potential of a joint nickel and copper collaboration with Indonesia to facilitate the transition to green technologies for sustainable future.
Europe as a country known for its commitment to sustainable aspects still contributes to financing nickel mining activities, including financing for captive coal power plants.
PT Bumi Resources Tbk. (BUMI) prepares capital expenditure (capex) funds of USD 40 million to USD 80 million.
In today’s fast-paced and technology-driven world, businesses heavily rely on their IT systems to keep their operations running smoothly. Any downtime or technical issues can lead to significant disruptions and costly delays.
Indonesian President Joko Widodo (Jokowi) appreciated the expansion carried out by PT Smelting. The President believes that this expansion will not only increase the production capacity of copper anodes and cathodes but also add value in Indonesia.
Ruddy Tjanaka, Director of PT IBM who also serves as President Director of NICL, said that PT IBM’s future expansion plans regarding exploration and production are to remain committed to exploration activities in potential Mining Business Permit (IUP) areas.
PT Merdeka Copper Gold Tbk. (MDKA) through its subsidiary PT Bumi Suksesindo (BSI) is optimistic that the gold production target in 2023 will be achieved. The company is targeting solid gold production this year in the range of 120,000 troy ounces.
Qinfa Group Ltd., through PT Sumber Daya Energi (SDE) has so far disbursed a budget worth USD 300 million or the equivalent of IDR 4.6 trillion to build the SDE 1 underground coal mine area, out of the three planned SDE mine locations in Kotabaru, South Kalimantan.
From Pennsylvania to the north of England, coal mines helped to power the Industrial Revolution, turbocharging the economic growth of countries around the world.
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