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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.
Bakrie Sumatera Plantations Tbk (BSP) is a subsidiary of Bakrie Group. [28] BSP has extensive landbanks. [29] One of its directors is Bungaran Saragih, a former minister of agriculture. [30] It operates or used to operate on peatlands. [31]
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 ]
The oldest known copper artefacts in Indonesia were dated to between the 4th century BC and 1st century AD, in Harimau Cave in South Sumatra. [1] Although later artefacts indicate local metallurgical processing, the raw copper was sourced from outside modern Indonesian through trade. [2]
HSBC had admitted it held shares in Golden Agri-Resources Ltd, the palm oil arm of the Sinar Mas Group, via asset management funds including its Climate Change Fund. [22] Although according to the bank's ethical forestry policy, the bank would not finance plantations converted from natural forest since June 2004, the rule then did not apply to ...
Most of Indonesia's known reserves of bauxite are located in the Riau Islands (namely Bintan), the Bangka Belitung Islands, and West Kalimantan. [6] The reserves are in form of laterite ores, [7]: 163 and the United States Geological Survey gave a figure of 1.2 billion tonnes of bauxite in Indonesia's reserves.
[10] [11] [12] Glencore International is a shareholder in Harita's Bauxite Division in PT Cita Mineral Investindo Tbk. Nickel division: The group also mines and sells nickel ore. In June 2015, Harita Group announced its investment of US$380 million to build a nickel smelter and a 120-megawatt power plant in North Maluku.
PT Adaro Energy Indonesia Tbk is an Indonesian coal mining company, the country's second-largest by production volume and largest by market capitalisation. In the 2023 Forbes Global 2000 , Adaro Energy was ranked as the 1393th-largest public company in the world. [ 1 ]