The Indonesian Nickel Miners Association (APNI) continues to encourage the acceleration of the domestic battery industry in the midst of the massive use of electric vehicles to accelerate the achievement of Net Zero Emission (NZE) in 2060.This was conveyed by the General Secretary of APNI, Meidy Katrin Lengkey in a Focus Group Discussion (FGD) with the National Battery Research Institute (NBRI) with the theme 'The role of Nickel in the development of the domestic battery industry'."The development of the nickel downstream industry in Indonesia has been very massive with the current establishment which produces around 27 nickel processing industries, both nickel pig iron, ferronickel, and currently a nickel processing industry has been established to process nickel sulfate," said Meidy via virtual, Tuesday (5/5). /4).Meidy said that currently the upstream nickel industry players are still collaborating with the government, especially the Ministry of Energy and Mineral Resources (ESDM), to discuss domestic nickel ore management, including the need for cutting-edge technology to support production."Well, we hope that there is one technology, there is one development, especially how we work together with the NBRI to conduct research, conduct studies related to the structure of minerals in Indonesia so that they are truly efficient," he explained.Since the nickel processing plant was established in 2014-2015, according to him, nickel business actors have always made studies, then submitted them to the government. This is done because the minerals used are always penalized or rejected because the minerals sent are not suitable."There are reasons why the other structures, silica, magnesium, ferrous or other trace minerals are not in accordance with the technology that already exists in Indonesia. This creates a loss for us as entrepreneurs,” he said.Meanwhile, the chairman and founder of NBRI, Rer Nat Evvy Kartini, said that domestic batteries need to be certified and standardized according to the needs of factories."We also have a roadmap where at the beginning we thought it was important to have a test, standardize because the batteries in Indonesia have not yet been standardized. Then this certification technique is also important because it is important from upstream to downstream,” he explained.NBRI itself is an independent institution that aims to assist battery research capacity from upstream to downstream.As is known, three main components are needed to make a battery, namely nickel, cobalt and lithium. In Indonesia, nickel reserves are very abundant, so the potential to produce batteries independently is very large. Moreover, in 2021, Indonesia will be able to produce nickel of 1 million metric tons or contribute 37 percent of the world's nickel reserves.Source: https://www.tambang.co.id/apni-dorong-percepatan-industri-baterai-dalam-negeri-28305/

PT Darma Henwa Tbk (DEWA) will conduct a rights issue of 22 billion Series B shares, whose proceeds will be utilised to pay debts and fund the company’s working capital. Chief of Legal and Corporate Secretary of Darma Henwa, Muhammad Baskoro, announced the plan in the information dislcosure quoted Tuesday (5/4).It was mentioned that Series B shares originated from the company’s stock portolio, worth IDR 50 per share. “This plan still needs approval from the Extraordinary General Shareholders Meeting on May 13, 2022, and will be carried out no more than 12 months after the meeting’s consent,” Baskoro confirmed.The allocation of the proceeds has been arranged to 28.50% for debt payment and 71.50% for the company’s working capital. The company’s performance is predicted to increase, assuming that the Q3 2021 Financial Report was utilised as the base reference. The report estimated that the company’s reserves would be USD 55 million higher, amounting to USD 77.05 million, as would its total assets from USD 573.92 million to USD 628.92 million. Furthermore, the (third-party) business debts would shrink by USD 21.92 million, from USD 72.16 million to USD 50.23 million, as would its total liabilities, from USD 302.28 million to 280.36 million. In contrast, its total equity will rise from USD 271.63 million to USD 348.56 million.Assuming that the currency exchange rate is IDR 14,300 per USD, the estimated increase in reserves of USD 55 million is equivalent to IDR 786.50 billion. Thus, this is the minimum amount of fresh funds eyed by DEWA in this rights issue planSource: https://www.idnfinancials.com/news/42715/dewa-hold-rights-issue-series-shares

PT Kobexindo Tractors Tb k. ( KOBX ) posted heavy equipment sales of US$ 89.99 million, up 205.1 percent year-on-year (YoY) last year. Andry B Limawan, President Director of Kobexindo , explained that the heavy equipment unit sales segment was the highest contributor, amounting to 75.42 percent of total consolidated revenue. "This achievement is the best performance in the last three years before the pandemic. The positive catalyst for the surge came from the skyrocketing prices of coal and mineral commodities at the end of 2020," Andry said in his statement, Monday (4/4/2022).Andry continued, the increase in coal prices has triggered mining producers to resume operations and increase productivity through the purchase of heavy equipment, both to increase their fleet and to upgrade units.Meanwhile, the revenue growth of the issuer codenamed  KOBX  was recorded at 134 percent throughout 2021 to US$119.32 million, an increase compared to 2020 of US$50.97 million. In addition to heavy equipment sales, the company's revenue was also contributed by four other segments, namely sales of spare parts, repairs and mining contractors, heavy equipment rental, and building rental. The spare parts segment posted US$16.09 million, equivalent to a 13.48 percent contribution to revenue.Then, the repair service and mining contractor segments throughout 2021 posted revenues of US$7.70 million, equivalent to 6.46 percent of total revenue. Meanwhile, the heavy equipment rental segment was recorded at US$4.84 million or 4.05 percent, and the building rental segment was recorded at US$701 thousand or 0.59 percent of consolidated revenue.Meanwhile, as an effort to strengthen the structure and revenue portfolio, in 2021 KOBX has added business lines namely sales, repair and sales of spare parts for Mercedes-Benz heavy duty trucks, as well as mining contractors. Previously, the Association of Indonesian Heavy Equipment Sole Agents (PAABI) recorded sales in January 2022 reaching 1,700 units, above the monthly average in semester II/2021 of 1,400 units. Meanwhile, throughout 2021, heavy equipment sales rose 110 percent to 14,560 units from the 2020 achievement of 7,200 units. "Mining is the most significant driver, both in coal and nickel, which drives coal and nickel," said PAABI Chairman Etot Listyono.Source: https://market.bisnis.com/read/20220404/192/1518895/berkah-batu-bara-penjualan-alat-berat-kobexindo-kobx-melesat-200-persen

The Indonesian Mining Association aka the Indonesia Mining Association (IMA) highlighted the revocation of the Mining Business License (IUP) by the Minister of Investment/Head of the Investment Coordinating Board (BKPM). The Daily Executive Director of the Indonesian Mining Association (IMA) Executive, Djoko Widajatno, assessed that there was confusion in the revocation of the IUP by the Head of BKPM.According to Djoko, the revocation of the authority to revoke the IUP should be in the hands of the Minister of Energy and Mineral Resources based on Law Number 3 of 2020 (UU Minerba), while the revocation of the IUP by the Head of BKPM/Minister of Investment is only based on the rules at the presidential decree level (keppres). ), namely Presidential Decree Number 1 of 2022 concerning the Task Force (Satgas) for Land Use Management and Investment Management."So the question becomes whether the Presidential Decree hierarchy has defeated the Act, this is what makes the decision ambiguous," said Djoko to Kontan.co.id (1/4). As is known, the Minister of Investment/Head of BKPM, Bahlil Lahadalia revoked 387 IUPs from February 2 to March 5, 2022. The revoked IUPs consist of 250 IUPs for mineral mining and 137 IUPs for coal mining.Previously, the revocation of the IUP by the Minister of Investment/Head of BKPM was also questioned by Member of the Indonesian House of Representatives Commission VII Rico Sia in a Hearing Meeting with Commission VII DPR RI, last Thursday (31/1)."This permit was issued by ESDM, but how could it be revoked by another ministry," Rico asked in RDP (31/3).Rico's question was then responded to by the Director General of Mineral and Coal of the Ministry of Energy and Mineral Resources, Ridwan Djamaluddin, who was present at the RDP. Ridwan explained that currently all permits are centralized at BKPM through a one-door scheme or Online Single Submission (OSS).In this context, Presidential Decree No. 1 of 2022 has been issued which establishes a task force for land use management and investment management."The members are the Minister of Energy and Mineral Resources, the Minister of ATR, and the Minister of LHK. In fact, it was the task force that revoked this task, in which the chairman of this task force was the Minister of Investment. So the revocation and arrangement mechanism is carried out by a task force formed through Presidential Decree Number 1 of 2022," explained Ridwan in the RDP (31/3).A little information, Law Number 3 of 2020 does mention the revocation of IUP by the minister. Article 19 of Law Number 3 of 2020 states that an IUP or IUPK can be revoked by the Minister if the IUP or IUPK holder does not fulfill the obligations stipulated in the IUP or IUPK as well as the provisions of laws and regulations, the IUP or IUPK holder commits a criminal act as referred to in the Law. or the holder of an IUP or IUPK is declared bankrupt.Source: https://industri.kontan.co.id/news/indonesia-mining-association-ima-ada-kerancuan-dalam-pencabutan-iup

PT PP Presisi Tbk pocketed a new contract worth IDR 1 trillion in the first three months of 2022. This figure increased significantly by 26% year on year (yoy) from the same period last year of IDR 444.1 billion. The new contract was obtained from mining development for the Weda Bay Project amounting to Rp 222.5 billion, Halim Airport Revitalization Rp 46.7 billion, North Sumatra Binjai Railway Rp 85.8 billion and subsidiary PT LMA in the Basic Engineering Design Road Hauling project amounting to Rp 72. ,6 billion.President Director of PT PP Presisi Rully Noviandar said, all of these projects were nickel mining service projects and civil work projects that his party had worked on both from PP Presisi and from PT LMA.Meanwhile, based on the new contract business line until March 2022, it was obtained from the civil work business line of Rp 392.4 billion (up 38.4%), mining services Rp 538.2 billion (52.67%), structure work Rp. 6.92%), production plant and heavy equipment rental Rp 20.6 billion (2.01%)."Until March 2022, new contracts from external parties dominate the acquisition of new contracts with a contribution of 95% coming from the non PP group and 4% from the group," said Rully in a written statement, Monday (4/4/2022).He added, with the dominance of the acquisition of new contracts, this made the Company's positioning as the main contractor of civil construction and mining services increase.With these competitive numbers, Rully is optimistic that his party will be able to achieve the 2022 target by making mining services the main contributor to the Company's performance. Recurring income from this business is also believed to support cash flow .In addition to focusing on obtaining new contracts, PT PP Presisi also focuses on performance progress, both in civil works and mining services, which is reflected in the continuous acquisition of new contracts in the mining development of the Weda Bay Project."The company will continue to seek new contracts and even exceed it by focusing on the nickel mining sector and integrated national strategic projects," concluded Rully.Source: https://www.cnbcindonesia.com/market/20220404132920-17-328560/pp-presisi-kantongi-kontrak-rp-1-t-di-kuartal-i-2022

Idemitsu Kosan Co Ltd, Japan, sold off 30% of its portion in PT Mitrabara Adiperdana Tbk (MBAP) of IDR 430.77 billion in a transaction taking place yesterday (30/3). At the same time, PT Wahana Batubara Indoensia (WBI) entered as the new shareholder, claiming the said 30% of MBAP.Chandra Lautan, Corporate Secretary of Mitrabara Adiperdana, mentioned that the said portion transfer was decided by Idemitsu in relation to its focus on the new and renewable energy (NRE) business. “In spite of its decision to continue its coal business in Indonesia, Idemitsu divested its shares in the company,” he explained in the information disclosure quoted Firday (1/4).Idemitsu’s shares involved in the said transaction amounted to 368,181,600 units, sold for IDR 1,170 each.WBI then became the shareholder of 30% of MBAP, acquiring the same 368,181,600 shares for IDR 1,170 each, totalling IDR 430.77 billion.After this transaction, MBAP’s shareholders now consist of WBI of 30%, PT Wahana Sentosa (WS) of 60%, and public investors of 10% of the total 1,227,271,952 shares. Prior to this, Idemitsu Kosan claimed the 30%, and the rest was unchanged. Source: https://www.idnfinancials.com/news/42693/idemitsu-kosan-sold-shares-mitrabara-adiperdana

GroundProbe, a member of the Orica Group, recently celebrated the relocation of their office, facilities and Geotechnical Support Service (GSS) centre in Balikpapan, Indonesia, to better serve their growing Asian customer base. The centre, originally opened in 2012, will provide 24/7 real-time remote radar and laser monitoring services for mine slopes and tailings dams, globally.“Our state-of-the-art centre provides the most technologically advanced solution for remote monitoring in the region. It has been developed with high-tech infrastructure to ensure smooth support delivery, offerscollaboration opportunities to our global customers, and is designed to facilitate advanced software development and technology implementation in engagement with Orica technology roadmap,” said DavidNoon, GroundProbe’s Chief Executive Officer.Celebrating the event, Noon said: “We are proud of our accomplishments here in Indonesia and look forward to providing our valued Asian customers with even more expert GSS support during this time of rapidgrowth across the mining sector, specifically the rising importance placed on tailings dam monitoring.”Celebrating 10 years since establishing the centre with one engineer, it has grown exponentially, with over 60 geotechnical engineers, monitoring more than 100 systems from multiple stations, 24/7, with more than one-third of the geotechnical engineers, being female. Also located within the same building is the GroundProbe office, with operational and support staff members assigned to deliver value-added technology and services to customers through smarter technology adoption and operational optimisation.Globally, GroundProbe’s GSS team of currently more than 120 highly experienced engineers and radar operators have extensive radar knowledge and experience and is one of the largest assembled teams ofgeotechnical mining professionals in the world. The talented team has provided early warning to mine sites for more than slope failures.GroundProbe operates two additional high-tech monitoring centres in Santiago, Chile, and Belo Horizonte, Brazil, providing support in four languages – Portuguese, Spanish, English, and Bahasa. “GroundProbe’s purpose every day is to create and apply innovative technologies that deliver high-value information to our customers, helping them to better manage risk. To this, we look forward to a continuedfocus on assisting Indonesian miners in keeping themselves and the wider community safe,” said Noon.Source: https://im-mining.com/2022/04/04/groundprobe-opens-larger-more-advanced-geotechnical-support-service-centre-in-balikpapan-indonesia/

The Association of Indonesian Mining Experts (Perhapi) is of the view that the government needs to pay attention to aspects of resource and reserve conservation, acceleration of economic growth, as well as economic equity in shrinking the land of former companies holding Coal Mining Concession Work Agreements (PKP2B).This was conveyed by the Chairperson of Perhapi Rizal Kasli, when asked for his opinion regarding the phenomenon of land shrinking of former PKP2B holders that occurred in recent times. According to him, the government needs to see the land that was shrunk from the former PKP2B as state assets that must be properly secured.For this reason, the government needs to strictly maintain the ex-PKP2B land so that it is not later used by unlicensed miners (PETI). The next stage, the government then follows up on the ex-PKP2B land according to applicable regulations: it is auctioned with top priority given to State-Owned Enterprises (BUMN) or Regional-Owned Enterprises (BUMD) before being auctioned off to third parties in a transparent manner."(Illegal mining without a permit) is a loss for the State because the State will not get anything from the PETI operations and it is the responsibility of the State in the future to repair the environmental damage it causes," said Rizal to Kontan.co.id (4/4). ).In the last few years, land reduction has been carried out several times for a number of companies holding PKP2B. Most recently, land shrinkage was carried out in the mining concession of PT Multi Harapan Utama (MHU).After obtaining an extension of the coal mine production operating permit for 10 years, the company's concession area, whose PKP2B period expired on April 1, 2022, was set at 30,409 ha or decreased by 23.92%. Previously, MHU's land was recorded at 39,972 ha.According to Kontan.co.id's records, in the future there are still two of the seven first generation PKP2Bs waiting for the extension of the operating license. The two companies are PT Kideco Jaya Agung (47,500 ha/13 March 2023), and PT Berau Coal (108.009/26 April 2025).Source: https://industri.kontan.co.id/news/perhapi-sarankan-pemerintah-amankan-lahan-eks-pkp2b-dari-penambang-tanpa-izin

GOLD miner Wilton Resources : 5F7 +11.11% has sold some 742 million shares in its subsidiary Wilton Makmur Indonesia for about S$3.5 million in cash, effectively reducing its stake in the company from 91.34 per cent to 86.56 per cent.In its announcement on Monday (Apr 4), Wilton Resources said it intends to use net proceeds from the sale to fund leaching activities at its processing facility at its Ciemas Gold Project in West Java, Indonesia.Proceeds will also be used to fund the progress construction of a 500 tonnes-per-day flotation and carbon-in-leach mineral processing facility at the project, and for general working capital purposes of the group.Highlighting that it had a negative working capital of 87.49 million rupiah (S$8.3 million) as at end-2021, the group said its sale of shares in Wilton Makmur enables it to raise funds within a short period of time to increase its working capital, which is needed to fund its construction activities for the Ciemas Gold Project.Wilton Makmur is an investment holding company listed on the Indonesia Stock Exchange. Its subsidiaries are principally engaged in gold mining activities in Indonesia.The purchasers are Chong Thim Pheng, executive chairman of Hotel Re! Singapore and a substantial shareholder of Wilton Resources, as well as his son-in-law Ong Kok Heng. Ong is currently director at fund management company Euro Asia Asset Management.Chong and Ong have also been granted an option to buy 530 million more shares in Wilton Makmur, representing a further 3.41 per cent interest in the company, for S$3.5 million in cash with a put option.About S$7 million in net proceeds from both the sale and option shares in Wilton Makmur collectively represent a loss of S$1.5 million over their open market value as at Mar 28, 2022, and a gain of S$5.5 million over their book value as at Dec 31, 2021.Based on the unaudited financial statements of Wilton Resources for the fiscal year ending Dec 31, 2021, the net loss attributable to the sale and option shares in Wilton Makmur amounted to 860 million rupiah and 610 million rupiah, respectively.Shares of Catalist-listed Wilton Resources ended flat at S$0.017 before the group requested for a trading halt on Mar 30, pending its release of the announcement. Its shares resume trading today.Source: https://www.businesstimes.com.sg/asean-business/wilton-resources-pares-stake-in-subsidiary-to-fund-indonesia-project

BUMN Holding Mining Industry Indonesia (MIND ID), conducted a digital application trial to increase the effectiveness of mine waste water management. The application, called MASTERMINE , is designed to make it easier to monitor the quality of mine waste water by changing it from manual to digital.MIND ID Business Development Director Dilo Seno Widagdo said digital transformation has become one of MIND ID's main strategic themes. With this theme, MIND ID seeks to increase cost competitiveness through digital."The company is trying to apply the latest technology and the application of digitalization in all lines of the value chain to be able to create cost savings and business continuity," said Dilo, Saturday (2/4).MASTERMINE is an application developed by the POWERxWIT team, winners of the MIND ID Goes Digital competition in 2021. This application created by the nation's children is being tested at PT Bukit Asam Tbk (Bukit Asam) and is expected to be fully operational in the 4th quarter of 2022.The basic philosophy of MASTERMINE is a chemically and digitally integrated system to be able to process, monitor, and control an online mine waste water treatment system that is easy to use.Through this application, mine workers can monitor the quality of mine waste water and adjust the dose of reagents injected into mine waste water in real time.MASTERMINE also has an alert & notification feature that serves to warn workers when there is a decrease in the quality of mine waste water.That way, users of this application can immediately take corrective action by adjusting the reagent dosage further. In short, this process can ensure the consistency of mining wastewater is within the quality standards according to digitally applicable regulations.The development of the MASTERMINE application was motivated by the need for waste management as a commitment to implementing good mining practices.Dilo said, as a natural resource management company, mining operations and mineral processing, MIND ID Group produces by-products that require high priority handling.“Waste treatment is one element of mining operational costs which are quite high. The MASTERMINE application is expected to generate an efficiency value of 10 to 20 percent of the total cost of treating mine wastewater,” said Dilo.Hustler POWERxWIT, Rhesa Avila Zainal said, the MASTERMINE application proves that the work of the nation's children can support the progress of the mining industry in Indonesia."In the future, the mining industry's digitalization climate will be higher, mining operations will be more efficient and more environmentally friendly. The use of digital applications must be a priority for all mineral and coal mining businesses in Indonesia," said Rhesa.Source: https://www.republika.co.id/berita/r9pr49349/mind-id-uji-coba-aplikasi-digital-pengelolaan-air-limbah-tambang