Leading Developments

Indonesia’s Bakrie seeks nickel mine

Indonesian conglomerate Bakrie & Brothers, also known as Bakrie Group, said it is looking to acquire a nickel mine in Sulawesi to supply a planned integrated industrial park to produce electric vehicle batteries, reported Reuters.

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New South Wales to require miners to boost coal supply

Australia’s biggest coal exporting state is set to finalise an order that will require all miners to save up to 10% of their production for domestic supply, as part of efforts to curb soaring energy costs, reported Reuters.

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Rio Tinto told to keep Oyu Tolgoi within budget

Mongolia has asked its partner Rio Tinto to stay within an estimated $7.06 billion budget for the Oyu Tolgoi copper and gold mine’s underground expansion, reported Reuters.

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