Lampang has been a miner at a community gold mine in Indonesia’s East Kalimantan for more than 30 years. Even still, he does not like to talk openly about his work.“Please don’t tell anyone the name of my mine,” Lampang, who is 53 years old and like many Indonesians only goes by one name, said.
What if China were to cut off the United States (US) and Europe from access to rare minerals that are essential to electric vehicles, wind turbines and drones?At a time of frequent geopolitical friction among the three powers, Washington and Brussels want to avoid this scenario by investing in the market for 17 minerals with unique properties that today are largely extracted and refined in China."The expected exponential growth in demand for minerals that are linked to clean energy is pu
Freeport-McMoRan signalled it’s made progress with Indonesia on how to value its flagship Grasberg mine, but warned that the final stages of divestment negotiations are complex.“We are working with the government to have a complete resolution of those issues, and the current goal that we’re both working on is by the end of the year,” Chief Executive Officer Richard Adkerson said from Jakarta during a two-hour long earnings call that was, once again, dominated by questions about Indonesia.
