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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 ]
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 ]
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]
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.
Bintang invested US$1 billion [4] in a partnership with Tsingshan Holding Group to build Indonesia Morowali Industrial Park (IMIP) nickel processing facility in Central Sulawesi [5] which opened in 2015.
The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.
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 ...
[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.