August 2023

Indonesia’s mining quota distribution has been delayed having reverted to an older approval process due to an ongoing investigation into illegal mining, a senior official said on Monday, assuring there was sufficient nickel ore for smelters. Prices of nickel ore in top global producer Indonesia have surged about 10% in recent weeks, local buyers say, …

Indonesia Nickel Mining Quota Delays Due to Switch Back to Old System – official Read More »

Indonesia Power, a subsidiary of state-owned electricity company PLN or PLN IP, rejected the notion that its coal-fired steam power plants (PLTU) are among the major contributors to air pollution in Jakarta and its vicinity. PLN IP Director Edwin Nugraha Putra said the PLTUs near Jakarta had adopted environmentally friendly technology. “[We have installed] an …

Coal Power Plants Not Biggest Contributor to Jakarta Air Pollution, Says PLN Read More »

Indonesia’s financing firm PT Sarana Multi Infrastruktur (SMI) aimed to conclude purchase of Pelabuhan Ratu coal plant by March 2024, its chief executive said on Wednesday, under an early retirement scheme. SMI partnered with state coal miner PT Bukit Asam signed a principal framework agreement last year with state utility company Perusahaan Listrik Negara (PLN) …

Indonesia Aims to Finalise Pelabuhan Ratu Coal Plant Purchase by March 2024 Read More »

Major Chinese nickel maker Tsingshan Group has started commercial production of refined nickel in Indonesia, three sources familiar with the production told Reuters on Monday. The plant, based in Morowali in Indonesia with an ultimate planned annual capacity of 50,000 metric tons, started commercial production last week, the sources said, declining to be named as …

Tsingshan Starts 50,000-Ton Nickel Plant in Indonesia -Sources Read More »

Indonesia has requested World Trade Organization (WTO) dispute consultations with the European Union regarding the bloc’s imposition of duties on imports of biodiesel from the Southeast Asia nation, the global trade body said on Tuesday. The EU is Indonesia’s third-largest destination for palm oil products and is an important market for its biodiesel, a product …

Indonesia Launches WTO Dispute Over EU Duties on Biodiesel Imports Read More »

Breaking a substance addiction is hard work. In the case of Indonesia’s coal dependency, it may prove impossible any day soon. That’s going to be a problem for one of the most ambitious attempts to decarbonize our energy systems, Indonesia’s $20 billion Just Energy Transition Partnership, or JETP. Under the deal announced by the Group …

A $20 Billion Plan to Break Indonesia’s Coal Habit Is Failing Read More »

Malaysia’s palm oil board and state oil firm Petronas (IPO-PETO.KL) have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel. The two organisations signed a memorandum of understanding (MoU) on Aug. 14 to explore the potential of palm-based products and wastes, such as used cooking …

Malaysia’s Palm Oil Board, Petronas to Study Use of Palm Waste as Aviation Fuel Read More »

The Philippines has ruled out imposing a ban on nickel ore exports to China and other overseas markets. Trade Secretary Alfredo Pascual instead is exploring other ways to compel miners to build local processing plants to keep the mineral here and sell them later overseas as a high-value product like nickel batteries. China and Japan …

Philippines Trade Chief Rules Out Ban on Nickel Ore Exports to China Read More »

Harga Referensi (HR) produk minyak kelapa sawit (crude palm oil/CPO) untuk penetapan Bea Keluar (BK) dan tarif Badan Layanan Umum Badan Pengelola Dana Perkebunan Kelapa Sawit (BLU BPDPKS) atau biasa disebut Pungutan Ekspor (PE) untuk periode 16 – 31 Agustus 2023 adalah USD 820,35 per ton.Nilai ini menurun sebesar USD6,13 atau 0,74 persen dari periode …

Periode 16–31 Agustus 2023: Harga Referensi CPO Menurun, Bea Keluar CPO USD 33/MT, Pungutan Ekspor CPO USD 85/MT Read More »

Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery materials in the Southeast Asian country and will make an announcement in the next few months. Indonesia has for years been wooing Tesla to invest in battery making and car manufacturing in the country, trying to leverage its …

Indonesia Says Tesla Plans to Invest in Battery Material Facility Read More »