# energy minerals

Latest news group about energy minerals.

Prabowo Claims Freeport's Integrated Gold Refinery is the World's Largest

Constructed at a cost of approximately $630 million, the smelter began producing its first fine gold bars last month.
Business Mar 17, 2025 | 5:17 pm

President Prabowo to Inaugurate Freeport’s Fine Gold Refinery in Gresik

Freeport has signed a five-year sale and purchase agreement with Antam, committing to deliver 30 tons of gold valued at $12.5 billion.
Business Mar 17, 2025 | 10:00 am

Indonesia to Build New 1 Million-Bpd Oil Refineries Across Major Islands

Initially, the government projected a capacity of 500,000 bpd per refinery but later doubled the target to 1 million bpd.
Business Mar 11, 2025 | 7:54 am

ABB: Indonesia May Miss Net Zero Goal, but Progress Matters More

ABB’s Anders Maltesen says Indonesia may not hit net zero by 2060, but steady progress and collaboration will ensure a sustainable future.
Business Mar 5, 2025 | 2:12 pm

Indonesia Says French Nickel Miner Eramet Wants to Partner with Danantara

Indonesia's newly established sovereign wealth fund Danantara begins to gain popularity among foreign investors.
Business Mar 4, 2025 | 2:42 pm

Danantara to Take Part in Coal Gasification Project, Bahlil Says

Danantara will take part in the coal gasification project that will help Indonesia slash its LPG imports, Bahlil says.
Business Mar 4, 2025 | 8:46 am

Indonesia Confirms Mandatory Use of Its Coal Price Benchmark for Export Sales Starting March 1

As one of the world’s largest coal producers, Indonesia must have greater influence over global coal prices, Minister Bahlil said.
Business Feb 27, 2025 | 11:13 pm

BP to Slash Spending on Net Zero Ventures As It Focuses on Oil and Gas Again

Its CEO said the company’s faith in the green energy transition was “misplaced” and that it went “too far, too fast” in recent years.
Business Feb 27, 2025 | 2:09 am

Pertamina Denies Blending Subsidized Gasoline with Pertamax

Acting CEO Mars Ega Legowo clarified that the company does mix gasoline with an additive to raise its octane number.
Business Feb 26, 2025 | 8:59 pm

Government Allows Freeport to Export Copper Concentrate Until June

A fire incident at the newly built smelter halted operations, leading to an oversupply of copper concentrate in the company’s warehouses.
Business Feb 21, 2025 | 6:09 pm

Freeport to Resume Copper Concentrate Export But It Has to Pay Higher Taxes

Minister Bahlil Lahadalia, however, does not say until when this export relaxation will last.
Business Feb 19, 2025 | 7:10 pm

Brazil to Join OPEC+, Group of Major Oil-Exporting Nations

Brazil is the world's seventh-largest oil producer, with about 4.3 million barrels daily, or 4 percent of the world´s output.
Business Feb 19, 2025 | 12:26 am

Revised Mining Law to Prioritize Local Businesses Over Jakarta Firms, Minister Bahlil Says

The revised Mineral & Coal Mining Law seeks to empower local communities by prioritizing regional MSMEs for mining concessions.
Business Feb 18, 2025 | 10:55 am

Canada Wants to Help Indonesia Use Nuclear Power

Canada, which is already using nuclear energy to generate 15 percent of its electricity, is open to providing its expertise for Indonesia.
News Feb 14, 2025 | 9:48 pm

Freeport Indonesia Delivers First Gold Bars to Antam to Mark New Milestone

Freeport becomes Indonesia’s first fully integrated mining company, capable of refining anodes from impure metals into gold bars.
Business Feb 13, 2025 | 11:56 am

New Aceh Governor Vows to Repeal Pertamina’s Fuel Restrictions on Inauguration Day

He argued that argued that fuel supply should not be an issue in the oil-rich province.
News Feb 12, 2025 | 7:36 pm

Minister Bahlil Suspends Oil and Gas Director-General Achmad Muchtasyar

He didn’t mention the new role for Achmad, who had led the oil and gas directorate general for less than a month before his removal.
Business Feb 11, 2025 | 7:51 pm

Gov’t to Maintain Subsidized LPG Price at Rp 19,000, Aims to Prevent Rp 26 Trillion in Losses

The government pays Rp 36,000 per 3-kg LPG canister to keep the base price at Rp 12,000 -- less than $1 -- at Pertamina’s production sites.
Business Feb 9, 2025 | 6:35 pm

Indonesia to Build Three Solar Power Plants

The first project, the Karangkates Solar Power Plant in East Java, is expected to generate 100 MWp.
Business Feb 6, 2025 | 6:08 pm

Pertamina Criticizes Hotels, Restaurants for Using Subsidized 3-kg LPG

Under existing regulations, 3-kilogram LPG canisters are strictly reserved for low-income households and MSMEs.
Business Feb 6, 2025 | 2:58 am

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