Indonesia kicks off new year with coal levies

Indonesia aims to start implementing levies in January to help compensate coal miners selling to the state utility Perusahaan Listrik Negara (PLN) at reduced prices, reported Reuters. The plan follows a coal supply crunch at local power plants that forced the country to temporarily halt exports in early 2022. “This will create fairness and a level playing field,” said Energy…

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Vale to sell stake in Indonesian unit

Operations and Personnel, PT Vale Indonesia

Indonesia’s mining minister said Vale will sell a 14% stake in Vale Indonesia to bring the holding by foreign investors below the maximum limit, reported Reuters.  The news agency said share divestment is a condition Indonesia requires to extend the operation permit for the nickel miner. The government requires oversea firms to divest 51% of their stake to local buyers…

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Thiess ramps up truck rebuilding in Asia-Pacific

Thiess has secured a lease for a new facility at Kabil Integrated Industrial Estate on Batam Island, Indonesia, allowing the global mining services provider to expand its truck and component rebuilding capabilities on a large scale.  The company said it has an extensive fleet of mining haulage trucks in Indonesia and Australia, including more than 650 that will reach the…

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