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Although the DRC will continue to dominate the world's cobalt supply in the coming years, its share will gradually decline to 56.5% by 2030. In contrast, Indonesia's share is expected to rise from 8.3% in 2023 to 20.8% by 2030. Production growth in the DRC will be supported by the restart of the Kinsanfu or KFM mine in the second quarter …
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The FTB Project, owned by Bayan Resources, is a surface mine located in East Kalimantan. The mine produced an estimated 24.4 MTPA of coal in 2020. The mine will operate until 2055. 5. Indominco-Mandiri Mine. Owned by Banpu, the Indominco-Mandiri Mine is a surface mine located in East Kalimantan. It produced an estimated …
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The mining industry makes a major contribution to Indonesia's economic growth. State revenues from exports of mining commodities such as coal, petroleum and tin are the …
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The mining of the final phase of the Grasberg open pit was completed in Q4 2019 and the mine transitioned from open-pit mining to large-scale underground mining. Grasberg Block Cave is estimated to contain proven and probable reserves of 275.2 billion ounces of copper and 14.2Moz of gold as of December 2019.
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Hanifa Indradjaya of Indonesia-based PT Petrosea Tbk., a mining company based in Indonesia, discusses how digital has driven sustainability, efficiency, and operational …
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The Attorney General Office (AGO) of Indonesia has arrested the former director-general of the country's Ministry of Mining and Coal over the alleged enabling of unlawful nickel mining in the country. Ridwan Djamaluddin is accused of having helped grant nickel ore licences to several groups of miners in 2021.
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The mine will operate until 2036. Buy the profile here. 5. Pasir Mine. Owned by Indika Energy, the Pasir Mine is a surface mine located in East Kalimantan. It produced an estimated 34.97 mtpa of coal in 2023. Buy the profile here. For more details on the latest mine sites, buy the latest mine-site profiles here.
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The project examines countries' big bets on emerging energy technologies and how these will rewire the world's energy map. ... According to the Mineral and Coal Mining Law of 2009, mining companies are obliged to process mining minerals in Indonesia (Article 130) and from 2014 on (Article 170). ...
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Indonesia is restructuring its nickel mining and processing projects to reduce Chinese investment, reported the Financial Times (FT). This move is intended to qualify …
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According to GlobalData, Indonesia is the world's largest producer of nickel in 2023, with output up by 21% on 2022. Over the five years to 2022, production from Indonesia …
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Viewed from above, Grasberg mine stands out amidst Indonesia's Sudirman mountains, akin to an indentation made by a giant power drill. Sitting at an altitude of 14,000ft, amid snow-topped highlands and misty peaks, the surrounding area of the Papua province is one of undeniable beauty.
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Copper mining company Freeport Indonesia has commissioned its $3.7bn Gresik copper smelter in East Java, reported Reuters. The smelter is expected to meet the surging demand for copper essential for renewable energy technologies. Freeport Indonesia CEO Tony Wenas said the facility is expected to produce around 650,000 …
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PT Vale Indonesia Tbk (PT Vale) has started construction on a $2.48bn integrated low-carbon nickel mining and processing project in Central Sulawesi, reported Reuters citing an Indonesian senior minister. This ferronickel smelter is being built in Sambalagi Village, Bungku Pesisir District, Morowali Regency.
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PT Vale Indonesia CEO Febriany Eddy said: "This co-operation is in line with Indonesia's vision to build a domestic EV ecosystem and makes PT Vale an important contributor toward addressing the world's decarbonisation challenge, with an investment that will generate local economic benefits and ensure the optimal utilisation of …
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Companies must commit to transforming their management systems to nurture innovation and embrace change and technology. For example, a mining company that is using advanced analytics to increase yield and throughput also needs to modify how metallurgists, plant operators, and maintainers work together to embed the new tools …
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The Indonesian mining law introduced in April 2009 compounded these challenges and marked the beginning of a phase of renewed state intervention and resource nationalism in the sector. The law introduced a new licensing system and instructed companies to employ domestic mining services over foreign ones, providing …
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In 2022, Indonesia and the Philippines accounted for 58.2% of global nickel output. GlobalData anticipates that their dominance in nickel production will continue in the coming years. Indonesia's progress heavily influences the future nickel supply and is projected to contribute around 50% of global production growth until 2030.
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The rapid growth in nickel production is closely linked to Indonesia's partnership with China, the largest global EV battery producer. Chinese investments have bolstered …
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Over the five years to 2022, production from Indonesia increased by a CAGR of 10% and is expected to rise by a CAGR of 0.35% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Copper Mining to 2030 report. Buy the report here.
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The Sebuku coal mine is an open cut truck and shovel coal-mining operation located on the tiny and remote island of Sebuku, in the province of South Kalimantan, Indonesia. It is owned and operated by the Straits Resources Singapore-listed …
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Swedish technology company Hexagon has received a new contract to deliver a multi-solution project at the Toka Tindung gold mine in Indonesia. Hexagon's mining division will install systems in phases for fleet management, operator alertness, blast monitoring and enterprise analytics at the mine.
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Hanifa Indradjaya of Indonesia-based PT Petrosea Tbk., a mining company based in Indonesia, discusses how digital has driven sustainability, efficiency, and operational excellence. ... In hindsight, the technology aspect is the easier bit—although not easy—compared to the change in mindset and the breaking down of …
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Indonesia is the 15th largest economy in the world with a GDP of $1.1trn. Indonesia's GDP has grown by 56% between 2010 and 2021 and is expected to grow by 44% by 2025. As of 2021 there are 8.2 million students in tertiary education in Indonesia, with 25.5 million students in secondary and 28.9 million in primary education.
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Speaking at the Global Mining Summit in December 2020, India's Minister of Mines Pralhad Joshi reaffirmed the nation's commitment to "structural reforms" to its mining sector, "to increase participation of the private sector in mineral exploration and redefine the norms of exploration for auction of mineral blocks, to ensure a seamless …
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The Indonesian Ministry of Energy and Mineral Resources highlighted the positive impact that artificial intelligence (AI) technology is having on safety and productivity in mining …
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The mine will operate until 2041. Buy the profile here. 2. Deep Mill Level Zone Mine. Located in Papua, the Deep Mill Level Zone Mine is owned by Mining Industry Indonesia. The underground mine produced an estimated 228.29 thousand tonnes of copper in 2023. The mine will operate until 2041. Buy the profile here. 3. Batu Hijau Mine
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Indonesia's SEZ Secretary General Susiwijono Moegiarso stated that the Bintan SEZ will take 33.8% of its power from renewable sources by 2032. China's aluminium output reached record highs in 2022 after laws relating to power usage limitations were relaxed. However, restrictions are still in place, which is not the case in …
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Tick here to opt out of curated industry news, reports, and event updates from Mining Technology. Submit and download. ... This extension forms part of an agreement where Indonesia's mining industry holding company Mining Industry Indonesia acquires an additional 14% stake in Vale Indonesia from Vale SA and …
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For mining companies, small improvements in yield, productivity, and utilization can have an extraordinary impact—amplified in a country like Indonesia, where mining contributes close to 5 percent of GDP and 15 percent of exports.
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Indonesia is richly endowed with nickel, but refining this crucial mineral poses a daunting environmental challenge Dust and smoke rise from the Indonesia Weda Bay Industrial Park's nickel-mining ...
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The number of deaths from the fire at Indonesia Tsingshan Stainless Steel's (ITSS) nickel smelter has increased to 18 from the initial fatality figure of 13, Reuters reported.. The fire broke out at the subsidiary of China's Tsingshan Holding Group's nickel smelter furnace in Morowali, on Sulawesi island, on Sunday, 24 December.
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Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities. MT. Menu. ... MINE Australia : Mining Technology Focus (monthly)
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In terms of sectors, Indonesian manufacturing, financial services and mining accounted for about 65% of FDI to the country last year, while companies from Japan and the Association of South East Asian Nations were the largest investors.
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Over the past three years, there have been many developments affecting Indonesia's mining industry. The COVID-19 pandemic, global energy crisis, geopolitical instability …
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The mine will operate until 2041. Buy the profile here. 2. Grasberg Block Cave Mine. Located in Papua, the Grasberg Block Cave Mine is owned by Mining Industry Indonesia. The underground mine produced an estimated 1.74 million ounces of silver in 2023. The mine will operate until 2041. Buy the profile here. 3. Martabe Project
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A new report by Global Energy Monitor (GEM) warns that 414,200 coal mining jobs will be lost by 2035, as… Sign up for our daily news round-up! Give your business an edge with our leading industry insights.
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Source: Statista Insights: Diverse Mining Landscape: Indonesia's mining sector is diverse, ranging from coal and natural gas to precious metals like gold.This diversity ensures a balanced economic contribution from the mining sector. Leading Coal Producer: With a targeted production of 694.5 million metric tons in 2023, Indonesia is …
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According to GlobalData, Indonesia is the world's seventh-largest producer of gold in 2023, with output up by 1% on 2022. Over the five years to 2022, production from Indonesia decreased by a CAGR of 1.63% and is expected to rise by a CAGR of 0.05% between 2023 and 2027.
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Newcrest has resumed operation at one of its two underground mines in Indonesia that were closed down in February due to a 'geotechnical event'. The firm has begun work again at its Toguraci mine at Gosowong and …
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The Pakal Island Mine, owned by Indonesia Asahan Aluminium, is a surface mine located in North Maluku. The mine produced an estimated 0.515 MTPA of iron ore in 2020. 5. Nalo Baru Mine. Owned by Earthstone Holdings, the Nalo Baru Mine is a surface mine located in Jambi. It produced an estimated 0.027 MTPA of iron ore in 2020.
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PE series jaw crusher is usually used as primary crusher in quarry production lines, mineral ore crushing plants and powder making plants.
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