China’s control over 75% of Indonesia’s nickel capacity raises concerns
Indonesia and China together produced 65% of the world's refined nickel in 2023.
06 February 2025
06 February 2025
Indonesia and China together produced 65% of the world's refined nickel in 2023.
The approval covers the central and northern blocks, spanning 10,666ha.
The contract will see Barminco undertake underground development and provide ground support services for the Goldrush project.
The mining law increases taxes and state shares, deterring investment from gold companies.
The acquisition supports the company's goal of expanding its critical minerals portfolio to meet growing domestic demand.
Central banks and ETFs are predicted to drive gold demand in 2025, with economic uncertainty boosting its role as a hedge.
Global Energy Metals plans to explore strategic partnerships to advance the project’s development.
Stunalara’s key asset, the Hurricane exploration project in north Queensland, Australia, contains high-grade gold and gold-antimony prospects.
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