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23 Nov 2022, 08:00 AM

Indonesia to Lodge Appeal After Losing WTO Dispute on Nickel Export Ban
The World Trade Organization (WTO) dispute settlement body or DSB viewed that Indonesia’s ban on the export and refining of nickel minerals had violated regulations. Responding to the verdict, the Energy and Mineral Resources Ministry (ESDM) said Indonesia will appeal the court verdict. "The government argues that the panel's decision does not yet have permanent legal force, so there is still an opportunity for appeal and there is no need to change regulations or even revoke policies before the disputed decision is adopted by the DSB," said ESDM Minister Arifin in a working meeting with members of House Commission VII on Monday, November 21.Arifin maintains that the government would keep the mineral (nickel) downstream policy by accelerating the construction of smelters. The regulations highlighted in the WTO trial include Law No.4/2009 concerning Mineral and Coal Mining, Minister of Energy and Mineral Resources Regulation No.11/2019 the second amendment to the Regulation of the Minister of Energy and Mineral Resources No. 25/2018 concerning Mineral and Coal Mining.In the final ruling, it is stated that the export policy and the obligation to process and refine nickel minerals in Indonesia violate the provisions of the WTO Article XI.1 GATT 1994. This policy cannot be justified by Article XI.2(a) and XX(d) GATT 1994.The Panel also rejected the defense submitted by the Government of Indonesia regarding the limited amount of national nickel reserves and good mining practices. The final decision will be distributed to other WTO members on November 30 before it will be included in the DSB agenda on December 20.Image source: TEMPO/M Taufan RengganisSource:
18 Nov 2022, 10:00 AM

Volvo pushes automation in Indonesia
Indonesian gold miner Indo Muro Kencana (IMK) has experienced exciting productivity improvements since connecting the country’s largest ever fleet of machines to Volvo ActiveCare in late 2021 ­– the remote monitoring and proactive maintenance service from Volvo Construction Equipment.VolvoCE IndonesiasIMK’s 52 articulated haulers and seven crawler excavators are fitted with sensors that convey real-time information relating to their production, fuel consumption, health, and even operator skill to a portal in the cloud. Some data points, such as location, speed and load, are also communicated from machine to machine to help the operators complete work safely and efficiently.The dashboards and reports then enable the plant and site manager to identify areas for productivity and efficiency improvements, implement adjustments, and set new targets for further progress. This could involve tweaking the number and capacity of machines on site to reduce idling time, finding more direct driving routes, or introducing training for certain operators.Nine months on, the data has helped IMK increase productivity across its three sites by approximately a third, noted Volvo, while reducing fuel consumption for the benefit of the environment and the company’s bottom line.Another major benefit has been the positive impact on the convenience, effectiveness, and cost of managing machine servicing and repairs. With ActiveCare, an artificial intelligence tool monitors all error codes and alarms transmitted from the machines to the cloud. The algorithm sorts through the data, prioritizing the alerts according to urgency and severity, and attributing probable causes.“Now [that] IMK has seen the benefits, we hope that other companies across Southeast Asia will join them in connecting their construction equipment in the fourth industrial revolution,” said the OEM.Image source: Volvo Construction EquipmentSource:
18 Nov 2022, 09:00 AM

Freeport's Steps to Support the Government to Achieve the NDC Target
PT Freeport Indonesia (PTFI) attended the Conference of the Parties (COP)-27 held in Sharm el-Sheikh, Egypt. This is a form of support to the Indonesian government in achieving the greenhouse gas (GHG) emission reduction target.The Indonesian government's greenhouse gas emission reduction target is 31.89 percent with its own efforts and 43 percent with international assistance. This has been stated in the Enhanced Nationally Determined Contribution (ENDC).President Director of PT Freeport Indonesia Tony Wenas said that this full support was given because his party was aware of the impacts of climate change that needed attention and made joint efforts to be able to achieve the GHG targets set by the Government."So we recognize that the impacts of climate change are something that is very worrying and needs to be of concern to us together. We need to make joint efforts to overcome this problem," Tony told, Tuesday (8/11).Tony said, PT Freeport Indonesia is one of the companies participating in reducing emissions. The company aims to reduce carbon by 30 percent by 2030.In order to achieve this target, PT Freeport Indonesia (PTFI) is transforming technology in its mining operations. Currently PTFI's underground mining operations use electric trains to transport mine ore, and no longer use trucks with fossil energy."So there are no more large truck operations that use fossil energy and we are transporting the underground mine operation using electric-engined unmanned trains," Tony said.This shift also has a positive impact on the company's productivity level, where in the Deep Mile Level Zone (DMLZ) underground mine that uses trucks can transport mining products on average 2 80 thousand tons of ore a day, using electric trains at the Grasberg Block Cave (GBC) underground mine can reach an average of 110 thousand tons a day."This is of course very significant in reducing carbon emissions. And the electric train could transport 110 thousand tons of ore every day. And if it's transported by truck, it will require a lot of fossil fuels," Tony said.In addition, it also carried out transformations in the drying plant. Previously, PT Freeport Indonesia used fossil fuels to dry. Currently, it uses an electric-powered Vertical Plate Pressure Air Blow (VPA) that is more environmentally friendly."It also results in a very significant reduction in carbon," he said.According to Tony, the reduction in carbon emissions carried out by his party has now reached 22 percent. To reach 30 percent by 2030 a number of steps and breakthroughs are being carried out by PT Freeport Indonesia."We are making other efforts to reduce carbon emissions by 30 percent by 2030," Tony said.With this step, Tony is optimistic that the target of reducing carbon emissions by 30 percent by 2030 will be achieved."And even now we're doing studies to be able to increase carbon emissions by 30 percent by 2030 to 60 percent after 2030," Tony said closing the conversation.Image source: Arsip Freeport IndonesiaSource:
18 Nov 2022, 08:00 AM

BYAN Has Reclaimed 7,218 Ha of Ex-Mining Land by 2021
PT Bayan Resource Tbk (BYAN) continues to be committed to restoring the environmental conditions offlora and fauna habitats as much as possible after mining activities are completed. President Director of PT Bayan Resources, Dato' Low Tuck Kwongsaid biodiversity conservation is part of efforts to preserve nature, from the pre-mining stage of mining to post-mining.Bayan Group'scommitment to environmental conservation and nature conservation is shown by the implementation of rehabilitation in watersheds (DAS) independently and with local contractors, as well as involving communities around the planting site area."The area of rehabilitation area for the Bayan Group Watershed in East Kalimantan Province and South Kalimantan Province until the end of 2021 reached 6,181 ha," he told CNBC Indonesia, quoted onFriday (11/11/2022).According to him, Bayan Group has carried out reclamation on ex-mining land cumulatively amounting to 7,218 ha until the end of 2021.Separately, Bayan's Director and Chief Operational Officer, Lim Chai Hock also did not deny that there was an impact from the mining industry's operations. Therefore, mining companies are required to prepare various efforts to minimize these impacts.This is in line with the urgency of the mineral and coal mining sector in Indonesia to meet global requirements in the form of Environmental, Social, and Governance (ESG) in order to carry out a sustainable business.Lim pointed out that for ex-mining land, mining companies can make the land productive again. For example, land with forest status needs to be restored to its original status."First, our company performs according to our obligations, reclamation, etc. Furthermore, what we can participate from the community is how to conserve nature, flora and fauna," said Lim.Meanwhile, in implementing green mining on former mining land, Bayan Group together with the Ministry of Energy and Mineral Resources have conducted an evaluation to adjust conditions in their respective areas for use.According to him, the determination of the use of ex-mining land needs to be carried out a joint assessment, based on social mapping. That way, the land can be optimally useful for the community.Image source: Dato’ Low Tuck Kwong, dok Maris Stella High School Alumni NetworkSource:
17 Nov 2022, 09:00 AM

Aneka Tambang (ANTM) Records Decrease in Nickel Production and Sales Volume
PT Aneka Tambang Tbk (ANTM) reported the results of the nickel segment's operational performance throughout the first nine months of 2022. As a result, ANTM's nickel production and sales experienced a correction in this period.As of September 2022,ANTM's unauditedferronickel production volume was recorded at 18,088 tons of nickel in ferronickel (TNi). This number decreased by 5.27% from the achievement ofunauditedproduction for the first nine months of 2021 of 19,096 TNi. In the third quarter of 2022,ANTM's unauditedferronickel production rate was recorded at 6,106 TNi, a decrease of 3.09% from the second quarter 2022 production of 6,301 TNi.ANTM recorded ferronickel sales performance throughout the first nine months of 2022 of 17,269 TNi. This achievement decreased by 8.53% fromunauditedsales in the same period last year of 18,880 TNi.However, in the third quarter of 2022, unaudited sales volume reached 7,646 TNi, a significant growth of 93% compared to theunauditedsales volume in the second quarter of 2022 of 3,962 TNi. This growth is in line with the condition of industrial recovery and the increase in absorption of ferronickel products in the third quarter."The company believes that ANTM's nickel segment performance will consistently grow in line with strengthening global economic conditions anda positive outlook fornickel commodity absorption," explained ANTM Director of Operations and Production I Dewa Wirantaya, Wednesday (9/11).ANTM also reported the results of the nickel ore segment's operational performance throughout the first nine months of 2022. ANTM recorded nickel ore production of 6.22 million wet metric tons (wmt), a decrease of 25.06% compared to the production volume in the same period last year of 8.30 million wmt.The realization rate ofunauditedsales of nickel ore in the first nine months of 2022 to the domestic market was 4.75 million wmt, a decrease of 17.6% compared to sales in the third quarter of 2022 of 5.76 million wmt.In the third quarter of 2022 alone,unauditednickel ore production reached 1.82 million wmt, an increase of 23% compared to production in the second quarter of 2022 of 1.48 million wmt. The achievement ofunauditedsales volume of nickel ore in the third quarter reached 1.71 million wmt, growing 142% from sales in the previous quarter of 708 thousand wmt. The increase in sales figures is in line with the recovery in the absorption rate of domestic nickel ore of third-party customers and the stabilization of global nickel prices.Image source: REUTERS/BEAWIHARTASource:
17 Nov 2022, 08:00 AM

Government Seriously Develops Electric Vehicles to Boost Net Zero Emission
The government continues to echo the pursuit of Net Zero Emission (NZE) targets by 2060 or above fast, Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif said Indonesia will produce 1.5 giga tons of CO2 by 2060."The value of these emissions occurs when we just do business as usual without any attempt to shift using more environmentally friendly energy," Arifin said at the side event forum B20 Summit, Signing Agreement B20 Task Force, Sustainability & Climate Business Action in Nusa Dua Bali, Sunday (13/11).One of the efforts made according to him is by switching to using electric vehicles, which electric vehicles do not emitting exhaust emissions so that it is more environmentally friendly.Furthermore, Arifin described the condition of the sector transportation today, where the number of vehicles in Indonesia reaches more than 140 million units. "Of these, it is dominated by two-wheeled vehicles (motorbikes), which amount to about 120 million units," said Arifin.He described, if a motorcycle consumes 1 liter of fuel per day, that equates to about 1 million barrels of oil. And if it is adjusted to the current price of oil, then the amount of money burned is more than USD 100 million per day."That's why the government has a program converting fuel-based motors into electric motors," concluded Arifin.For information, on the energy transition roadmap to achieve NZE, the government targets at the 2021-2025 stage, the number of Electric vehicles 300,000 units of cars and 1.3 million units of motors. While on Phase 2026-2030, the number of electric vehicles is targeted at 2 million units of cars and 13 million units of motors.Image source: KEMENDAGRISource:
16 Nov 2022, 10:00 AM

CNGR will Invests IDR 77 Trillion in Indonesia
At the B20 Investment Forum last Friday, the Ministry of Investment/BKPM signed a Memorandum of Understanding (MoU) with CNGR Advanced Material Co Ltd. This company is a ternary precursor manufacturer from China.The signing of the memorandum of understanding was carried out at the Bali Nusa Dua Convention Center. This is the first step in a long-term project cooperation agreement with a total investment value of US$ 5 billion or Rp 77 trillion (exchange rate of Rp 15,400).In the memorandum of understanding, the Ministry of Investment/BKPM is responsible for helping CNGR obtain all project permit issuances and investment incentives from the government.The signing of this memorandum of understanding was carried out by Secretary of the Ministry / Chief Secretary of BKPM Ikmal Lukman and Chairman of CNGR Advanced Materials Co Ltd Deng Weiming. Minister of Investment/Head of BKPM Bahlil Lahadalia, who witnessed the signing, affirmed the government's commitment to make the electric vehicle ecosystem program a success."Indonesia is consistent in economic transformation through downstreaming, this happens because of reforms through the Job Creation Law. Currently, all licensing is centralized in the Risk-Based Online Single Submission (OSS) system," said Bahlil in a written statement, Saturday (12/11/2022).Image source: Dok. BKPMSource:
16 Nov 2022, 09:00 AM

Securing Aluminum Supply for Automotive Needs, Hyundai Collaborates with Adaro Minerals Indonesia
Hyundai Motor Company (HMC) and PT Adaro Minerals Indonesia Tbk (ADMR) signed a Memorandum of Understanding (MoU) to guarantee a stable supply of aluminum amid increased demand for automotive manufacturing.This corporate action was carried out on the sidelines of the B20 meeting at the Bali Nusa Dua Convention Center, Indonesia, by Jaehoon Chang, President and CEO of Hyundai Motor Company and Garibaldi Thohir, President Commissioner of PT Adaro Minerals Indonesia, Tbk."Hyundai Motor Company has started operating its factory in Indonesia and is actively cooperating with Indonesia in various fields where the company can synergize in the automotive industry in the future, for example by investing in joint ventures that produce battery cells," said President and CEO of Hyundai Motor Company, Jaehoon Chang, Sunday (13/11).Jaehoon stated that this aluminum smelter cooperation is also expected to strengthen the partnership between Hyundai Motor Company and Indonesia with stronger synergies.President Director of ADMR, Christian Ariano Rachmat said this collaboration reflects investor confidence in Indonesia's mineral downstream process in the world's largest green industrial area located in North Kalimantan."With the support of all stakeholders and Hyundai Motor Company which has a track record, experience and cutting-edge technology for electric vehicles, we expect to reach the commercial operating date (COD) in the first quarter of 2025 and produce 500,000 landfills of aluminum in the early stages," he explained.This cooperation is also carried out to form a comprehensive and cooperative system for the production and supply of aluminum by ADMR through its subsidiary company PT Kalimantan Aluminium Industry (KAI), which will be mutually beneficial for both parties.The points of cooperation in this Memorandum of Understanding include the production and supply of KAI-produced aluminum and HMC reserves the right to purchase KAI-produced aluminum at an early stage.Then, the first negotiations regarding the purchase of low-carbon aluminum produced by KAI in the future (undetermined offtake volume in the range of about 50 thousand landfills to 100 thousand landfills).Aluminum in Indonesia, which is rich in natural resources and energy, is seen as competitive in the future. Green aluminum is classified as low-carbon aluminum produced using hydropower, an environmentally friendly source of electricity.The aluminumis also expected to be an aluminum supply that meets HMC's carbon neutralization policy amid increased demand for aluminum among global automakers. In addition, supply and demand have become unstable due to unexpected situational variables that have driven up energy prices for aluminum production.Image source:
16 Nov 2022, 08:00 AM

Jokowi Invites Australia to Supply Lithium to Indonesia for EV Industry
In order to build an electric car battery ecosystem in Indonesia, President Joko Widodo (Jokowi) invited Australian Prime Minister Anthony Norman Albanese to cooperate.Understandably, Australia has lithium potential that can be combined with Indonesia's nickel potential for the production of electric car batteries."I just offered to Prime Minister Anthony Albanese, in Australia there's lithium, we've got nickel. If combined, it will become an electric car battery," said Jokowi at the 2022 B20 Summit Indonesia, Monday (14/11).However, the offer has conditions. Jokowi requested that if the downstream cooperation of electric car batteries is realized, the production process will be carried out in Indonesia. This means that Australia needs to send lithium to Indonesia to downstream electric car batteries."But I ask Prime Minister Albanese for his lithium to be brought to Indonesia only. Together, we are downstreaming in Indonesia," Jokowi invited.The government continues to encourage the implementation of downstream in all industrial sectors. One of them is in the new energy sector, namely the downstreaming of the electric-based vehicle industry.Just so you know, the government has inaugurated the implementation of the plan for the second phase of integrated electric batteries in the Integrated Industrial Area, Batang, Central Java last June. Downstreaming electric batteries in Batang is the first investment in the world to integrate the production of electric vehicles from upstream to downstream.Starting with nickel mining smelters, precursor plants, cathode factories then electric batteries, battery packs to electric cars. Coupled with the battery recycling industry which will also exist in Indonesia.In addition, Indonesia is currently encouraging downstreaming in the mining industry. The government has stopped importing nickel in the form of raw materials.With downstreaming, nickel exports jumped to IDR 360 trillion from previously only IDR 15 trillion per year. This is what makes Jokowi getol encourage downstreaming in Indonesia.After nickel dystop, the plan is that in 2 years the government will stop exporting raw materials for asphalt, tin, bauxite to copper.Image source: SETNEG/BPMI SetpresSource:



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