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In 2021 DW News and 2023 The Guardian reported, major shareholders in the company as the Indonesian company Bumi Resources Minerals [7] and China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd., [4] which is a subdivision the Government of China owned China Nonferrous Metal Mining Group.
PT Bumi Resources Tbk is one of the largest mining companies in Indonesia and is structured as a holding company. [3] In the 2012 Forbes Global 2000 , Bumi Resources was ranked as the 1898th-largest public company in the world. [ 4 ]
In April 2011, Vallar plc was renamed Bumi plc. [5] In September 2012 the company announced that it was looking into possible financial irregularities at its Indonesian arms resulting in a 14% fall in its share price. [6] Its much-delayed financial results for 2012 showed a $200m black hole. [7]
The talks on a minerals deal, presented to Kyiv on Wednesday by U.S. Treasury Secretary Scott Bessent, coincide with a bid by President Donald Trump to kick-start negotiations to end Russia's ...
The moon holds resources like rare earth elements, water ice, and helium-3. But astronomists say large-scale lunar mining could be bad news for scientific research.
China's Commerce Ministry announced Thursday that it will restrict exports of a mineral used in a wide range of products from batteries to weapons. Export controls will be placed on antimony ...
Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003. [ 7 ] In 2007, Forbes Asia estimated the Bakrie family had $5,4 billion in wealth, however after the 2008 financial crisis it dropped to only $850 million as Bakrie Group companies were heavily affected by ...
Perhaps it makes sense that despite a stock market nearing a record, other matters are occupying more of Trump's social media time. The US budget deficit swelled to $1.83 trillion in fiscal year ...