Indonesia's Jan-Oct nickel ore imports surge by 50 times
Indonesia's imports of nickel ore surged to 9.3 million metric tons in the first ten months of 2024, more than 50 times the corresponding figure of 161,917 tons for the year earlier period, the ...
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Indonesia, Freeport to finalize investment, mining permit by …
Indonesia and Freeport discussed a 10% increase in the country's ownership in copper miner Freeport Indonesia and extending its mining permit by 20 years, according to a statement released on ...
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Should the Philippines Replicate Indonesia's Nickel-based
Indonesia boasts a status as a global minerals heavyweight: it is a major producer of copper, the world's largest thermal coal exporter, the second-largest tin exporter, and has the sixth ...
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Freeport faces potential halt of activities in Indonesia
Freeport Indonesia produced 3 million tonnes of copper concentrate in 2022, an annual record. The company has in recent years transitioned into underground mining at its flagship Grasberg mine ...
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Indonesia's Copper Transition
Indonesia's future mine potential is significant. Indonesia's main currently operating copper mines are the massive Grasberg complex and Batu Hijau. Potential future mines include Kucing Liar (Grasberg), Elang, Tujuh Bukit, Hu'u …
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Freeport Indonesia raises output target, awaits new export …
Freeport Indonesia's last export permit was valid until May 31 and its new targets must be approved by the mining ministry. Indonesia banned shipments of all raw minerals from June 2023, but ...
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Copper production in China and major projects
China accounts for 8% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from China declined by 8.77% in 2023 over 2022, with the highest share being exported to Italy. China's copper exports are expected to grow at a CAGR of 0.95% between 2023 and 2027.
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Indonesia imposes 7.5% export tax on copper concentrate …
Indonesia will impose a 7.5% export tax on shipments of copper concentrate, effective immediately, a finance ministry regulation showed on Tuesday, applicable to the two …
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Freeport Indonesia secures copper concentrate …
Freeport last week launched its $3.7 billion copper smelter in Gresik, East Java, which has a total input capacity if 1.7 million metric tons, but the company said it will only reach full capacity ...
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Nickel price crash seen extending Indonesia's grip on supply
Despite the potential for further cuts in mine supply, the market will remain in surplus this year, given higher primary nickel output coming from Indonesia and China, said Jason Sappor, senior ...
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Indonesia Copper Mining to 2024
GlobalData's "Indonesia Copper Mining to 2024 - Updated with Impact of COVID-19" provides a comprehensive coverage on the Indonesian copper mining industry. It provides …
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Amid nickel glut, Indonesia's next president vows to keep
The policy drew investments of billions of dollars from smelting firms, most of them Chinese, and boosted Indonesia's exports. But it led to an oversupply of processed nickel that caused a drop ...
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China copper smelters eye more output cuts as raw material …
Refined copper output in top producer China is closely watched by investors betting on tight long-term supply driven by rising demand for energy transition technology. ... Indonesia's 8-million ...
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Copper concentrate market to face steep deficit from 2025
As smelting capacity in top copper consumer China surges, refined copper imports will fall to around 150,000 tonnes a month by the middle of this decade, from 300,00 tonnes now, Lang said.
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Elections: China Downstream, The Tentacles of Indonesia's …
In 2022, Eramet established a local entity, PT Eramet Indonesia Mining, and began exploring new mining areas in Indonesia. Together with BASF, the German chemical giant, Eramet plans to build a new HPAL plant with an estimated cost of US$2.6 billion (Rp40.4 trillion) in Halmahera, which will produce nickel-cobalt for electric vehicle batteries.
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Copper Mining in Indonesia to 2023
Figure 7: Copper Mining in Indonesia - China's Total NEVs Production and Sales by Type (Thousand Units), 2018-2019 Figure 8: Copper Mining in Indonesia - Number of EV Sales in China (Million Units), 2018-2023 Figure 9: Copper …
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Indonesia trade ministry supports extending Freeport's …
Indonesia's trade ministry would support allowing PT Freeport Indonesia to continue exporting copper concentrate after a cost-and-benefit analysis, a deputy minister said on …
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Copper Mining in Indonesia to 2023
After a sharp decline in 2017, Indonesia's copper production is estimated to have recovered by 5% to 653.4 thousand tonnes (kt) in 2018. The increase was primarily supported by an 18% rise in production from the Grasberg minerals district, which hosts the Grasberg Open Pit, the Deep Ore Zone, the Big Gossan, and the Deep Mill Level Zone mines. The Grasberg open …
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Five largest copper mines in Indonesia in 2020
2. Deep Mill Level Zone Mine. Located in Papua, the Deep Mill Level Zone Mine is owned by Inalum. The underground mine produced an estimated 527.875 Thousand tonnes of copper in 2020.
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Freeport Indonesia in talks with government on copper
PT Freeport Indonesia (PTFI) is in discussions with the government about being able to continue copper concentrate exports until its new Manyar smelter returns to full operations, a spokesperson ...
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How Indonesia Used Chinese Industrial Investments to Turn …
8 Eve Warburton, "Nationalism, Developmentalism and Politics in Indonesia's Mining Sector," in Indonesia in the New World: Globalisation, Nationalism and Sovereignty, ed. Arianto A. Patunru, Mari Pangestu, and M. Chatib Basri (Singapore: ISEAS Publishing, 2018), 90–108; Alvin A. Camba, Angela Tritto, and Mary Silaban, "From the ...
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Copper Mining
Browse copper mining mines by region—including North America, South America, Asia. ... China, and Australia. Copper is often found in conjunction with other metals and can occur in various geological environments, such as porphyry deposits and sediment-hosted deposits. The techniques used in copper mining vary based on the deposit type. Open ...
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CHART: China's Belt and Road mining investment …
China's overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.
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Five largest copper mines in China in 2020
The Zijinshan Gold & Copper Mine, owned by Zijin Mining Group, is a surface and underground mine located in Fujian.The mine produced an estimated 77.988 Thousand tonnes of copper in 2020. 5. Jiama Mine. Owned by China Gold International Resources, the Jiama Mine is a surface and underground mine located in Tibet.
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Freeport to delay Indonesian copper sales to second
Long production delays at the new Manyar smelter, with an output capacity of 480,000 metric tons of copper cathode a year, are likely to narrow an expected 2025 surplus of the metal and support ...
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Indonesia, Britain sign collaboration agreement on critical …
Indonesia has rich deposits of tin, copper and bauxite, among others, and is the world's largest source of nickel ore. Indonesia, Britain sign collaboration agreement on critical minerals - MINING
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Global refined copper surplus swells in first half of 2024 — …
Its net refined copper imports increased by 9%, despite a strong increase of 74% in refined copper exports. Ex-China, the global usage grew by about 3%, as weak demand in the EU, Japan and the US ...
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Freeport's copper concentrate exports will only
Copper concentrate exports from Freeport-McMoRan's unit in Indonesia will ease global shortages, but probably only briefly and if the Indonesian government allows them, …
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Wave of Chinese copper fills warehouses abroad as demand …
China is typically a significant net copper importer, but weak local conditions have reversed global trade flows in recent months. ... Mining Recommends. ... Indonesia produced a record 836 ...
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China's copper production boom threatens to crowd out
The top consumer of copper globally is on track to produce about half the world's refined metal this year after a frenzy of smelter construction to secure supplies crucial to the energy transition.
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