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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:
14 Nov 2022, 08:00 AM

Harita Nickel Prepares IDR 15 Trillion To Increase Smelter Capacity in obi island
Harita Nickel, developed a nickelsmelter on Obi Island, South Halmahera, North Maluku. The company invests up to USD 1 billion or more than RP 15 trillion.Harita Nickel Head of HSE & Sustainability Tonny Gultom admitted that nickel is currently being targeted. This is in line with the intensive production of electric vehicles or cars.Understandably, nickel is one of the main raw materials for producing battery raw materials. "The future of the nickel industry going forward is very bright. Kit is fortunate to have the potential of nickel natural resources," he said during a media gathering in Bogor, Saturday (5/11/2022).Before the electric vehicle boom, he explained that nearly 70 percent of nickel was the raw material forstainless steel products, then 16 percent of batteries.Going forward, this composition is predicted to change. Where, 40 percent will supply the raw material needs of electric vehicle batteries and the rest for stainless steel.Long before the era of electric cars, Harita was a pioneer in producing mixed hydroxide precipitate (MHP). For your information, MHP is one of the raw materials for batteries which, among others, are used for electric vehicles."We have not planned to develop a battery-producing industry development business because it is not easy," said Tony.Harita Nickel currently has five subsidiaries, each company engaged in Nickel mining.The five companies are PT Trimegah Bangun Persada (TBP) and PT Gane Permai Sentosa (GPS). The other three are engaged in the downstream sector, namely PT Halmahera Jaya Ferronicel (HJF), PT Halmahera Persada Lygend (HPL), and PT Megah Surya Pertiwi (MSP).Image source: Harita NickelSource:
11 Nov 2022, 10:00 AM

Expanding to Australian Market, DAHANA Attends IMARC Australia 2022
PT DAHANA attended the InternationalMining and Resources Conference + Expo (IMARC) which was held at the international Convention & Exhibition Center, Sydney, Australia, on November 2-4, 2022. The presence of DAHANA cannot be separated from the recommendation of the Ministry of Energy and Mineral Resources (ESDM) to the Investment Coordinating Board (BKPM) to be part of the delegation of the Republic of Indonesia.IMARC is Australia's largest mining industry conference and exhibition, connecting mining world leaders with technology, finance and the future. The exhibition, which was held for three days, was packed with various discussions that presented world mining experts and entrepreneurs such as discussing Mining Value Chain.General Manager of DTU 2 DAHANA, Abdul Haris said, this activity is a step by the government to encourage Indonesian companies to expand the market in Australia. There were several agendas that DAHANA participated in in this event, such as being a panel discussion speaker with Deputy Minister of Investment (BKPM) Indra Darmawan, Executive Director of EMR, Toni Manini, and chair of Minerals, Energy & Industry Australia Indonesia Business Council (AIBC), Geoffrey Gold, in a Conference themed Indonesian Mining and Downstream Investment."In the discussion, we conveyed the profile of DAHANA company which has a drilling & blasting services business line in Indonesia, and has served many mines in Indonesia, both with the status of Domestic Investment (PMDN) and Foreign Investment (PMA). In addition, we also explained how DAHANA products have been trusted by the Australian market which routinely imports DAHANA explosives in the last three years," Haris said.In addition to being a speaker, DAHANA also carried out various other activities, such as participating in the Indonesian Delegation meeting which was also attended by the Indonesian Ambassador, the Indonesian Consulate General in Australia, and the Deputy Minister of BKPM with mining entrepreneurs in Australia. At the meeting, DAHANA conveyed the superior product capabilities and Human Resources that have been trusted in Indonesia and Australia.DAHANA also had the opportunity to attend a banquet with the Austalia Institute of Mining and Metal Energy (AusIMM), and meet with Australian mining businesses. In this activity initiated by BKPM and AIBC, DAHANA participated in a networking process with several employers and the Workers' Association in the Australian mining sector.In addition, DAHANA also promotes its superior products at BKPM's booth. Haris added that when at the booth he met with Australian mining industry players. In addition, there are also representatives of Indonesian mining companies, such as Merdeka Cooper and Gold, Agincourt-Martabe, Bukit Asam, and Pama Persada."In addition, the Australian government through the Australia Trade and Investment Commission on Natural Resources has also invited DAHANA to hold follow-up meetings with several Australian companies that will have something to do with DAHANA's business. We hope that with the presence of DAHANA in this IMARC Event, DAHANA will become better known in the mining industry in Australia and can increase sales of Dahana products in Australia in the future," concluded Haris.Image source: PT DAHANA. ANTARA/DAHANASource:
11 Nov 2022, 09:00 AM

BYAN Director Calls Industry Ready for Energy Transition
Jakarta, CNBC Indonesia-The energy transition is crucial and urgent as the world responds to the global challenge of building a more resilient global energy system. But to do so is not as easy as turning the palm of the hand.So there needs to be synergy or collaboration that needs to be done by both the government and the private sector.Director of PT Bayan Resources Indonesia Tbk Alexander Ery Wibowo himself revealed that industry players have made various preparations to support government programs in pursuing the NZE 2060 target.Especially for BYAN, Alexander said, his party has implementeda green miningprogram in an effort to support the government's efforts.The various things that BYAN has done ranging from the process of water management, waste management and post-mining land to the use of new renewable energy."We're still in the business plan, the (transition) plan. In practice, we have implementeda green miningprogram," he said at the CNBC Indonesia G20 Forum with the theme 'The Future of Indonesian Energy Transition, Monday (7/11/2022).He sees that coal industry players are still preparing themselves so far in terms of funding, to encourage the energy transition. This is because the cost of the energy transition is not small.So that the industry is taking advantage of opportunities such as recording better finances, implementingcorporate good governanceso that it can find funding easily.With strong funding, he is also optimistic that the coal industry can encourage the acceleration of the energy transition."I think the opportunity exists. Coal prices in the last 3-4 years have been good. It can support the financial health of the company. So preparingfor the abilitybank is important to implement the energy transition," he explained.Image source: CNBC Indonesia TVSource:
11 Nov 2022, 08:00 AM

TOBA Awarded as The Most Transformative Energy Company
-The largest and most integrated economic media CNBC Indonesia held the Road to CNBC Indonesia Award 2022: The Best Energy and Mining as a form of appreciation for energy and mining companies. Especially for its critical role in reducing the energy crisis and ensuring a sustainable recoveryFor The Most Transformative Energy Company category, Road to CNBC Indonesia Award 2022: The Best Energy and Mining was given toPT TBS Energi UtamaTbk (TOBA). This award was handed over directly to theDirector of PT TBS Energi Utama Tbk Juli Oktarina."First of all, we would like to thank CNBC Indonesia for the award. Hopefully this award will encourage us to remain focused on developing our business, our NRE business and Electrik Vehicle business, and in order to support government programs in order to reduce emissions and towards energy transformation," he said in the Road to CNBC Indonesia Award 2022: The Best Energy and Mining, Tuesday (8/11/2022).He revealed that currently TBS Energi Utama is developing a new and renewable energy (EBT) business and an EV business. This is in order to help strengthen energy security as well as efforts to pursue the net zero emission target in 2060."Indeed, we are currently in the construction stage for a minihydro plant. In the future, we will focus on wind power and biomass," explained Juli.According to him, the energy transition must inevitably be improved. This is in addition to reducing dependence on fossil energy, to support the reduction of carbon emissions.Image source: CNBC Indonesia TVSource:
10 Nov 2022, 10:00 AM

MMS Group Indonesia Accelerate Energy Transition
MMS Group Indonesia (MMSGI) contributed to the acceleration of decarbonization in Indonesia through the signing ofa memorandom of understanding (MoU) in collaboration with the Renewable Energy Certificate (REC) with PT Perusahaan Listrik Negara (Persero) orPLN.The cooperation is carried out through two subsidiaries of MMSGI, namely PT Mitra Murni Perkasa (MMP) and PT Mitra Informatika Gemilang (MIG) for the use ofgreen energyfrom PLN.The signing was packaged in an international seminar "Energy Transition Day" by PLN at Sofitel Bali, Nusa Dua, Tuesday (1/11/2022).For information, the event is part of enlivening the agenda of the Group of Twenty (G20). The event was also attended by the President Director of PT PLN (Persero) Darmawan Prasodjo.Previously, in May 2022, one of MMSGI's subsidiaries, PT Multi Harapan Utama (MHU) also carried out a similar cooperation.The entire series of initiatives carried out by MMSGI is a concrete step to increase the company's contribution in an effort to ensure the success of the energy transition program.MMSGI said that the entire series of initiatives is a concrete step to increase the company's contribution in an effort to ensure the success of the energy transition program."MMSGI is committed to supporting the government's energy transition program to achieve sustainable economic growth. Today's event is a concrete step that companies can take to bring a better living space for future generations," said MMSGI Founder, Andrew Hidayat, in a release received by, Tuesday (8/11/2022).On the other hand, said Andrew, the strategic steps taken by MMSGI are clear evidence of the company in realizing the company's vision and mission to support the government's program to achievenet zero emissions (NZE) by 2060 in order to create a green energy ecosystem in Indonesia.Image source: Dok MIGSource:
10 Nov 2022, 09:00 AM

Adaro wins Gold Award at Global CSR Awards
Adaro once again achieved achievements in the Global CSR Awards (GCA) 2022 by winning the Gold Award in the Excellence in Provision of Literacy & Education Award category entitled Indonesia Bright Future Leaders (IBFL) – College Scholarship Program For Vulnerable and Indigeneous Students In South and Central Borneo program.The award was received by CSR Department Head of Adaro Energy Indonesia Zuraida Murdia Hamdie accompanied by CSR representative PT Adaro Indonesia Firmansyah at The 14th Global CSR & ESG Summit & Awards™ 2022, Thursday (3/11) in Hanoi, Vietnam."The Gold Award for the IBFL program is the result of the assessment of judges who are international CSR and ESG experts, that providing scholarships with comprehensive programs is Adaro's success in creating an impact in the field of education," explained Zuraida.He further said that the discussion during the Global CSR & ESG Summit & Award, which was attended by speakers and participants from various countries such as Australia, Indonesia, Malaysia, Singapore, Thailand, Philippines, Vietnam, India and Sri Lanka, was dominated by topics and encouragement to create impact."For us, it is a matter of pride and trust not to stop creating impact and even increasing its quantity and quality," he said.The Global CSR Awards are a prestigious award event, especially in Asia related to the implementation of CSR programs.The award is given to companies that consistently demonstrate commitment to sustainability and pele environmental development with the implementation of outstanding programs, innovations, projects and services that have been carried out today.Adaro's CSR has participated since 2013 at the GCA and as of 2021 has won 18 awards.This year Adaro won another award from around 350 participants, only 40 participants received the award, one of which was Adaro.Adaro is grateful to all parties involved in the success of the IBFL program, namely university partners (ULM, IPB, UPN Yogyakarta, UPR), relevant local governments, as well as beneficiary students and other parties who cannot be mentioned one by one."Hopefully, this award will be a blessing for all of us," concluded Zuraida.Image source: Antaranews.Kalsel/ist (Istimewa)Source:


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