行业快讯
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Indonesia Confiscates 148 Hectares of Land from Weda Bay Nickel Mine
The Ministry of Energy and Mineral Resources (ESDM) confiscated 148.25 hectares of mining area belonging to PT Weda Bay Nickel (WBN) on Halmahera Island, North Maluku Province. Although the mining area holds a mining permit, it did not obtain a Forest Borrow-Use Permit (IPPKH)...
Indonesian Investment Agency Danantara Plans to Invest in Vale Nickel Processing Project
Indonesia's state investment management agency Danantara is considering investing in three high-pressure acid leach (HPAL) smelter projects of PT Vale Indonesia (INCO). These projects are located in Pomalaa, Southeast Sulawesi; Morowali, Central Sulawesi; and Sorowako, South S...
Indonesia to Import 1.4 Million Kiloliters of US Fuel in Exchange for Tariff Reductions
The Indonesian government announced plans to import 1.4 million kiloliters of fuel from the United States, to meet the needs of state oil company Pertamina and private gas stations, while fulfilling trade agreements with the US. The total import volume is 1.4 million kiloliter...
Imported Steel Threatens Indonesia's Local Steel Industry
The Indonesian Iron and Steel Industry Association (IISIA) warns that imported steel has seriously threatened the development of the domestic steel industry. Data shows that in 2024, Indonesia's steel imports reached 8.72 million tons, far exceeding exports of 5.96 million ton...
Nickel Prices Rise After Partial Confiscation of Weda Bay Nickel Mine
After the Indonesian government confiscated part of the Weda Bay nickel mine held by China's Tsingshan Holding Group, nickel prices on the London Metal Exchange (LME) rose 1% to $15,305 per ton. The confiscated area is 148 hectares, allegedly due to license violations.Weda Bay...
8 International Retail Brands Officially Enter Jakarta's High-End Malls
In September 2025, eight international retail brands announced their entry into high-end malls in Jakarta, covering food, fashion, lifestyle and other sectors, reflecting international brands' confidence in Indonesia's consumer market. The brands and their locations are: Korea...
Kendal to Become World's Largest Electric Vehicle Battery Production Base
The Secretary of the Coordinating Ministry for Economic Affairs recently announced that the Kendal Special Economic Zone (KEK Kendal) is developing into a global production center for electric vehicle battery materials. As of the second quarter of 2025, the zone has attracted ...
China-Indonesia Joint Development of IDR 2.6 Trillion Waste-to-Energy Project
In September 2025, Indonesia's PT Maharaksa Biru Energi Tbk (OASA) and China Tianying (CNTY) established a joint venture to jointly develop the South Tangerang Waste-to-Energy (PLTSa) project. The project has a total investment of IDR 2.65 trillion (approximately USD 170 milli...
Indonesia Sets Waste-to-Energy Electricity Price at USD 0.2/kWh
The Indonesian government has announced a uniform electricity sales price of USD 0.2/kWh (approximately IDR 3,000) for waste-to-energy projects, with no negotiation allowed for investors. The policy was announced by the Coordinating Minister for Economic Affairs at the Preside...
Danantara Group Plans Nickel Smelting Projects in Indonesia
rnrnIndonesian investment group Danantara recently announced two major nickel investment plans, including an HPAL project in partnership with Chinese company GEM, signing a $1.42 billion agreement to build a wet冶炼 plant with an annual capacity of 66,000 tons of mixed hydroxi...
Chinese Enterprise Assists Central Java in Developing Waste-to-Energy Project
Jepara Regency Government in Central Java recently signed a cooperation agreement with China's Zhejiang Jinjiang Environment Group, planning to convert domestic waste into renewable energy starting in 2026. The project aims to address the overloaded landfill issues and promote...
China-Indonesia Enterprises Cooperate to Develop Indonesian Industrial Gas Market
Indonesian industrial gas leader PT Samator Indo Gas (AGII) recently announced a strategic partnership with Chinese companies to jointly develop the industrial gas and clean energy sectors. They signed a Memorandum of Understanding with China IG Member Alliance (CIGMA) to esta...