Mining sector faces challenges, how will ADMR and MDKA fare?
10 Feb 2025 17:47
Adaro Minerals Indonesia (ADMR) and Merdeka Copper Gold (MDKA) received BUY recommendation despite challenges in mining industry.
Recently inaugurated, Freeport Indonesia's smelter in KEK Gresik caught in fire
15 Oct 2024 09:22
The sulphuric acid refinery unit, a part of the smelting facility of PT Freeport Indonesia (PTFI) located in Special Economic Zone (KEK) of Gresik, was reportedly caught in fire yesterday (14/10).
Govt in negotiation for additional 10% stake in Freeport Indonesia
23 Sep 2024 20:46
The Indonesian government is considering adding 10% of the share ownership in PT Freeport Indonesia (PTFI).
No dividend planned; these are HRUM’s plan in nickel sector
07 Jun 2024 15:42
Annual General Meeting of Shareholders (AGMS) of PT Harum Energy Tbk (HRUM) today (7/6) agreed not to distribute dividend for the fiscal year (FY) 2023, ending its 3-year streak of dividend distribution since 2021.
ADRO to allocate capex of USD 700 million this year
01 Mar 2024 09:36
PT Adaro Energy Indonesia Tbk (ADRO) is allocating capital expenditure (capex) of USD 600 to 700 million in 2024.
AMMN realised IDR 10.47 trillion from IPO
06 Feb 2024 14:21
PT Amman Mineral Internasional Tbk (AMMN) has realised 98.53% of the IPO proceeds, equal to IDR 10.32 trillion from total IDR 10.47 trillion.
Amman Mineral reports smelter progress hitting 76% in December 2023
05 Feb 2024 10:01
A subsidiary of PT Amman Mineral Internasional Tbk (AMMN), PT Amman Mineral Industri (AMI), mentioned that the progress of construction of copper smelting facility and precious metal refinery had reached 76.1% and 72.7% at the end of December 2023.
First half in, Amman Mineral to spend USD 436 million for capex
03 Oct 2023 06:22
Capital expenditure (capex) realisation of PT Amman Mineral Internasional Tbk (AMMN) at the end of the first half of 2023 had reached USD 436 million.
AMMN to sign LNG supply contract with Pertamina
20 Sep 2023 14:59
PT Amman Mineral Nusa Tenggara (AMNT), a subsidiary of PT Amman Mineral Internasional Tbk (AMMN), has signed an agreement with PT Pertamina (Persero) regarding the supply of liquified natural gas (LNG).
Vale joins hands with Huayou Cobalt and Huali Nickel for smelting plant in East Luwu
28 Aug 2023 12:41
PT Vale Indonesia Tbk (INCO) has signed a definitive cooperation agreement with Zhejiang Huayou Cobalt Co. Ltd. (Huayou) and PT Huali Nickel Indonesia (Huali) for the construction of nickel smelting facility in East Luwu, South Sulawesi.