Gearing up towards Indonesia Emas 2045, Ministry of Energy plans nickel reserves boost
10 Dec 2024 15:59
The Ministry of Energy and Mineral Resources (ESDM) is preparing strategies to boost nickel reserves in anticipation of Indonesia Emas 2045.
Harita Nickel posted 17.8% revenue surge as of September
22 Nov 2024 11:19
PT Trimegah Bangun Persada Tbk (NCKL), commonly known as Harita Nickel, recorded a 17.8% year-on-year (yoy) revenue increase, reaching Rp20.4 trillion as of September 2024.
No more coal business expansion, UNTR confident on branching out to mineral mining and NRE
18 Sep 2024 14:46
PT United Tractors Tbk (UNTR), an issuer engaged in the mining industry, reasserts its intention to no longer expand its coal mining business and instead direct its focus on diversification to mineral mining and investment in new and renewable energy (NRE).
ANTM to work with 2 regional SOEs on Pongkeru Block
17 Sep 2024 10:04
PT Aneka Tambang Tbk (ANTM) partners with two regional state-owned enterprises (SOEs) to establish joint ventures designed to work on nickel mining development in Pongkeru Block, East Luwu, South Sulawesi.
Aiming for 70 thousand tons production, Vale Indonesia eyes local factories for nickel ore sales
26 Aug 2024 16:50
After securing the extension of its Special Mining Business License (IUPK) last May, PT Vale Indonesia Tbk (INCO) is now confident to be able to attain nickel in matte production target of 70,800 wet metric tons (wmt) in 2024.
Supporting nickel downstreaming, Vale Indonesia realised 29.6% of capex in June 2024
26 Aug 2024 16:10
PT Vale Indonesia Tbk (INCO), an integrated nickel mining company, reported capital expenditure (capex) deployment of USD 118.5 million at the end of June 2024, or equal to 29.6% of total capex budgeted this year.
Citi Indonesia: Low domestic consumption calls for structural reform, starting from services sector boost
09 Aug 2024 15:02
Amidst the streak of domestic consumption decline, Helmi Arman, Chief Economist of Citi Indonesia, believes that one of the keys to correct the issue lies on balanced growth of economic sector, giving more emphasis on labour-intensive sector, such as services sector.
Operational solid, Harita Nickel’s revenue and profit soared double-digit
01 Aug 2024 10:53
PT Trimegah Bangun Persada Tbk (NCKL), widely known as Harita Nickel, reported revenue increasing 25% year-on-year (yoy) in the first half of 2024, boosting its net profit by 10.4% yoy due to solid operational aspects.
Triggering performance contraction, NICE optimistic nickel fluctuation is only temporary
20 Jun 2024 12:10
Just debuted via IPO on the Indonesia Stock Exchange (BEI) last January 9, PT Adhi Kartiko Pratama Tbk (NICE) has experienced a contraction in its operational profit due to fluctuating nickel prices, which tend to be negative.
Capital expenditure investments take up a large portion, NICE withhold dividends
20 Jun 2024 11:45
PT Adhi Kartiko Pratama Tbk (NICE) has budgeted jumbo capital expenditure (capex) for the next three years, forcing it to withhold dividends for the 2023 financial year for the sake of stable working capital.
