Eddie Spence

1 week ago | financialpost.com | Eddie Spence

Advertisement 1Indonesia has raised the royalty rate to be paid by nickel, tin and other metal producers as the government searches for ways to fund President Prabowo Subianto’s ambitious but costly priority policies. Article content(Bloomberg) — Indonesia has raised the royalty rate to be paid by nickel, tin and other metal producers as the government searches for ways to fund President Prabowo Subianto’s ambitious but costly priority policies.

1 week ago | bloomberg.com | Eddie Spence

(Bloomberg) -- Indonesia has raised the royalty rate to be paid by nickel, tin and other metal producers as the government searches for ways to fund President Prabowo Subianto’s ambitious but costly priority policies. The changes to be introduced largely mirror those touted in a public consultation last month, with formerly flat levies on output now rising with commodity prices, according to a regulation document seen by Bloomberg and confirmed by people familiar with the matter.

1 week ago | insurancejournal.com | Alfred Cang |Annie Lee |Eddie Spence

A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply. Two workers were killed and one was left missing after the accident at the Indonesia Morowali Industrial Park on Sulawesi island last month.

1 week ago | financialpost.com | Alfred Cang |Annie Lee |Eddie Spence

Two workers were killed and one was left missing after the accident at the Indonesia Morowali Industrial Park on Sulawesi island last month. The incident occurred in a tailings area affiliated with Chinese producer PT QMB New Energy Materials Co. Ltd, and has forced the factory to halt almost all production, according to traders with knowledge of the situation. Get the latest headlines, breaking news and columns. • There was an error, please provide a valid email address.

1 week ago | bloomberg.com | Alfred Cang |Annie Lee |Eddie Spence

The Indonesia Morowali Industrial Park on Sulawesi island in Indonesia. Photographer: Mohamad Hamzah/NurPhoto/Getty Images(Bloomberg) -- A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply.