TABLE OF CONTENTS. No. Title Media Source Page

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Daily News Update Page 1

PT Freeport Indonesia has appointed and signed a cooperation contract with a Japanese company, PT Chiyoda Inter -national Indonesia, for Engineering, Procurement, and Construction (EPC) activities for the Manyar smelter project, Gresik, East Java, on Thursday, July 15 2021. This contract includes the construction of a smelter project with a capacity of 1.7 million tons of concentrate processing per year as well as a Precious Metal Refinery (PMR) facility in the Java Integrated Industrial and Ports Estate (JIIPE) area, Gresik, East Java.

Freeport Dapat Utangan Baru

Rp 14,5 T untuk Proyek Smelter

P

T FREEPORT Indonesia disebutkan telah mengantongi pinjaman sebesar US$ 1 miliar atau sekitar Rp 14,5 triliun (asumsi kurs Rp 14.500 per US$) untuk mendanai tiga proyek smelter senilai US$ 3,3 miliar atau sekitar Rp 47,8 triliun.

Hal tersebut terungkap dalam laporan kinerja semester I 2021 Freeport McMoran (FCX) pekan lalu, 22 Juli 2021.

"PTFI menandatangani fasilitas kredit bank lima tahun tanpa jaminan senilai US$ 1 miliar untuk memajukan proyek-proyek ini," tutur Chairman dan CEO Freeport McMoran Richard C. Adkerson dalam laporan tersebut, dikutip Senin (26/07/2021).

Sementara untuk pembiayaan ke depannya akan dilakukan melalui utang oleh PTFI. Adapun pinjaman tersebut untuk membiayai tiga proyek yang tengah dikerjakan PT Freeport Indonesia, antara lain:

1. Proyek Smelter baru di Manyar, JIIPE, Gresik Jawa Timur

PT Freeport Indonesia telah menunjuk dan menandatangani kontrak kerja sama dengan perusahaan asal Jepang, PT Chiyoda International Indonesia, untuk kegiatan Engineering, Procurement, and Construction (EPC) proyek smelter Manyar, Gresik, Jawa Timur, pada Kamis, 15 Juli 2021.

Kontrak ini mencakup pengerjaan proyek pembangunan smelter berkapasitas 1,7 juta ton pengolahan konsentrat per tahun serta fasilitas Precious Metal Refinery (PMR) di kawasan Java Integrated Industrial and Ports Estate (JIIPE), Gresik, Jawa Timur.

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Daily News Update Page 4 The product from this smelter is around

600 thousand tons of copper cathode per year.

Although previously PTFI was reluctant to mention the value of the EPC contract for this smelter project, Freeport McMoran (FCX), the holder of 49% of PTFI's shares, revealed in its first semester 2021 performance report last week, July 22, 2021, that the value of the EPC contract is estimated to be around US$ 2.8 billion. or around Rp. 40.6 trillion (assuming an exchange rate of Rp. 14,500 per US$). This amount does not include capitalized interest, owner's fees and commissioning. In fact, FCX estimates that this project will only be completed in 2024.

"It is targeted to be completed as soon as possible by 2024," said the FCX report, adding that this target depends on whether or not there will be disruption during the pandemic going forward.

Previously, PT Freeport Indonesia's Vice President of Corporate Communications Riza Pratama said Freeport would try to complete this project in 2023. According to him, this target was adjusted to Freeport's commitment at the time of the 51 percent divestment agreement with the govern-ment.

As is known, in the share divestment agreement made in 2018, one of Freeport's commitments is to build a new smelter and is targeted to be operational in 2023. 2. PT Smelting's smelter expansion project

The aim is to increase PT Smelting's copper concentrate processing capacity by 30% to around 1.3 million tons per year.

This project is estimated to cost around US$ 250 million or around Rp 3.6 trillion and is targeted to be completed and start operating in 2023.

Adapun produk dari hasil smelter ini yakni sekitar 600 ribu ton katoda tembaga per tahun.

Meski sebelumnya PTFI enggan menyebut-kan nilai kontrak EPC proyek smelter ini, namun Freeport McMoran (FCX), pemegang 49% saham PTFI mengungkapkan dalam laporan kinerja semester I 2021 pekan lalu, 22 Juli 2021 bahwa nilai kontrak EPC ini diperkirakan sekitar US$ 2,8 miliar atau sekitar Rp 40,6 triliun (asumsi kurs Rp 14.500 per US$).

Nilai tersebut tidak termasuk bunga yang dikapitalisasi, biaya pemilik dan uji coba (commissioning).

Bahkan, FCX memperkirakan proyek ini baru tuntas pada 2024.

"Ditargetkan bisa selesai sesegera mungkin pada 2024," ungkap laporan FCX tersebut, dan menambahkan target ini tergantung pada ada atau tidaknya gangguan selama pandemi ke depannya.

Sebelumnya, Vice President Corporate Communications PT Freeport Indonesia Riza Pratama mengatakan, Freeport akan ber-upaya merampungkan proyek ini pada 2023. Target ini menurutnya disesuaikan dengan komitmen Freeport pada saat kesepakatan divestasi 51% dengan pemerintah.

Seperti diketahui, dalam perjanjian divestasi saham yang dilakukan pada 2018, salah satu komitmen Freeport yaitu membangun smelter baru dan ditargetkan bisa beroperasi pada 2023.

2. Proyek ekspansi smelter PT Smelting Ditujukan untuk meningkatkan kapasitas pengolahan konsentrat tembaga PT Smelting sebesar 30% menjadi sekitar 1,3 juta ton per tahun.

Proyek ini diperkirakan memakan biaya sekitar US$ 250 juta atau sekitar Rp 3,6 triliun dan ditargetkan rampung dan mulai beroperasi pada 2023.

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Daily News Update Page 5 3. PMR Project

To process "slimes" from PT Smelting's processing and the new smelter at JIIPE, Gresik. It is estimated that it will cost around US$ 250 million or around Rp 3.6 trillion. (wia)

3. Proyek PMR

Untuk memproses "lumpur" (slimes) dari pengolahan PT Smelting dan smelter yang baru di JIIPE, Gresik. Diperkirakan mem-butuhkan biaya sekitar US$ 250 juta atau sekitar Rp 3,6 triliun. (wia)

Amman Mineral Appoints

NFC-NERIN Consortium to Become EPC

Contractor for Smelter Project

Yurika

P

T AMMAN Mineral Industri (AMIN) issued a Letter of Intent (LoI) for the NFC Consortium (China Non-ferrous Metal Industry's Foreign Engineering and Construction Co., Ltd) as an Engineering, Procurement and Construction (EPC) contractor, and NERIN (China Nerin Engineering Co., Ltd.) as a technical service provider, for the construction of the Amman Smelter Project in West Sumbawa Regency, West Nusa Tenggara Province based on the Lump Sum Turn Key.

Rachmat Makkasau, President Director of AMIN, said that this process has been going on for a long time and full of challenges. “In the bidding and negotiation process, both parties have agreed on a series of works that must be fulfilled by the EPC contractor. Following are the technical as well as commercial terms for the contract. I would like to thank all parties who have been patient and persistent to go through this bidding process, in the midst of the enormous challenges caused by the COVID-19 pandemic," said Rachmat, Monday (26/7).

Amman Mineral Tunjuk

Konsorsium NFC-NERIN Jadi

Kontraktor EPC Proyek Smelter

Yurika

P

T AMMAN Mineral Industri (AMIN) menerbitkan Letter of Intent (LoI) untuk Konsorsium NFC (China Non-ferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd) sebagai kontraktor Engineering, Procurement dan Cons-truction (EPC), dan NERIN (China Nerin Engineering Co., Ltd.) sebagai penyedia layanan teknis, untuk pembangunan Proyek Smelter Amman di Kabupaten Sumbawa Barat, Provinsi Nusa Tenggara Barat berdasarkan Lump Sum Turn Key. Rachmat Makkasau, Presiden Direktur AMIN, mengungkapkan bahwa proses ini telah berlangsung cukup lama dan penuh tantangan.

“Dalam proses bidding dan negosiasi, kedua belah pihak telah menyetujui rangkaian pekerjaan yang harus dipenuhi oleh kontraktor EPC. Berikut dengan ketentuan teknis serta komersial untuk kontrak. Saya ingin mengucapkan terima kasih kepada seluruh pihak yang telah bersabar dan gigih untuk menjalani proses bidding ini, di tengah tantangan yang begitu besar akibat pandemi COVID-19,” ungkap Rachmat, Senin (26/7).

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Daily News Update Page 6 NFC and Nerin as the selected EPC

Contractor Consortium, upon entering the LSTK EPC Contract, will work on various scopes of work, ranging from design, engineering, procurement, structural fabrication and installation, civil cons-truction, to commissioning, starting operations, and increasing plant design capacity.

Qin Junman, President of NFC, said that with the signing of this LoI, the NFC business is getting stronger with Indonesia. Despite the challenges during the COVID-19 pandemic, I am confident that the Amman smelter project will add to the list of successful projects undertaken by NFC and NERIN on an international scale.

"With the support of the Indonesian government and our partnership with Amman, we are fully committed and confident that this project will be a significant step forward for both parties," said Qin Junman.

Ridwan Djamaluddin, Director General of Mineral and Coal, Ministry of Energy and Mineral Resources, said that the signing of the LoI shows Amman's efforts to build this facility in accordance with the government mandate.

"The smelter project is one of the National Strategic Projects, of course this will bring positive energy to our country, especially in the midst of the current COVID-19 pandemic. We hope that this smelter can bring a multiplier effect to the surrounding area,” said Ridwan.

Based on the 6-month verification in January 2021, the total physical progress of the smelter reached 26.6% of the target set by the government of 26.7% or 99.35% of the target set between August 2020 and January 2021.

NFC dan Nerin sebagai Konsorsium Kontraktor EPC terpilih, pada saat me-masuki Kontrak EPC LSTK, akan mengerja-kan berbagai cakupan kerja, mulai dari desain, engineering, procurement, fabri-kasi struktur dan instalasi, konstruksi sipil, hingga commissioning, memulai jalannya operasional, serta meningkatkan kapasitas desain pabrik.

Qin Junman, Presiden NFC, mengatakan bahwa dengan penandatanganan LoI ini, maka bisnis NFC semakin terjalin kuat dengan Indonesia. Terlepas dari tantangan selama pandemi COVID-19, saya yakin bahwa proyek smelter Amman akan menambah daftar proyek yang sukses dikerjakan oleh NFC dan NERIN di skala internasional.

“Dengan dukungan pemerintah Indonesia dan kemitraan kami dengan Amman, kami berkomitmen penuh dan yakin bahwa proyek ini akan menjadi langkah maju yang signifikan bagi kedua belah pihak,” ujar Qin Junman.

Ridwan Djamaluddin, Direktur Jenderal Mineral dan Batu Bara, Kementerian ESDM, menyampaikan bahwa penanda-tanganan LoI ini menunjukkan upaya Amman untuk membangun fasilitas ini sesuai dengan yang telah diamanahkan pemerintah.

“Proyek smelter merupakan salah satu dari Peoyek Strategis Nasional, tentunya hal ini akan membawa energi positif untuk negara kita, terutama di tengah pandemi COVID-19 saat ini. Kami berharap agar smelter ini bisa membawa multiplier effect bagi wilayah sekitarnya,” ujar Ridwan.

Berdasarkan verifikasi 6 bulanan pada Januari 2021 lalu, total kemajuan fisik smelter mencapai 26,6% dari target yang ditetapkan oleh pemerintah sebesar 26,7% atau 99,35% dari target yang ditetapkan antara Agustus 2020 hingga Januari 2021.

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Daily News Update Page 7 The existence of a smelter with a capacity

of 0, This 9 million tons per year (mtpa) will also support the position of West Nusa Tenggara Province as an area with the latest mining technology on the world map. Rachmat emphasized that his party will continue to strive to contribute to the progress and prosperity of the Indonesian nation and state.

“The Ministry of Energy and Mineral Resources, the NTB Provincial Govern-ment, and the West Sumbawa Regency Government, continue to provide support and guidance during the smelter cons-truction process. We hope that we will

continue to get support for the continuation

of this project," he said. (RA)

Keberadaan smelter berkapasitas 0,9 juta ton per tahun (mtpa) ini juga akan men-dukung posisi Provinsi Nusa Tenggara Barat sebagai wilayah dengan teknologi pertambangan mutakhir dalam peta dunia. Rachmat menekankan bahwa pihaknya akan terus berupaya keras untuk berkontribusi bagi kemajuan dan kesejahteraan bangsa dan negara Indonesia.

“Kementerian ESDM, Pemerintah Provinsi NTB, dan Pemerintah Kabupaten Sumbawa Barat, terus memberikan dukungan dan bimbingan selama proses pembangunan smelter ini. Kami berharap akan terus mendapatkan dukungan untuk kelanjutan proyek ini,” kata dia. (RA)

The Benefits of Coal for

Indonesia are Great, Director

General of Minerals and Coal:

Can't Be Left Out

Author: Denis Riantiza Meilanova

I

NDONESIA does not yet have a target to stop the use of coal because it still has a high dependence on this commodity. Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources (ESDM) Ridwan Djamaluddin said a number of countries, such as France, Italy, Britain, and Canada, were ready to pursue a temperature increase target of no more than 1.5 degrees Celsius by 2030 or even earlier. However, a number of G20 member countries, such as South Africa, Indonesia, and China, have not been able to determine the target for cessation of coal.

Manfaat Batu Bara bagi

Indonesia Besar, Dirjen

Minerba: Belum Bisa

Ditinggalkan

Author: Denis Riantiza Meilanova

I

NDONESIA belum memiliki target peng-hentian penggunaan batu bara lantaran masih memiliki ketergantungan tinggi ter-hadap komoditas tersebut.

Direktur Jenderal Mineral dan Batubara Kementerian Energi dan Sumber Daya Mineral (ESDM) Ridwan Djamaluddin mengatakan, sejumlah negara, seperti Prancis, Italia, Inggris, dan Kanada, telah siap untuk mengejar target kenaikan suhu tidak lebih dari 1,5 derajat Celsius pada 2030 atau bahkan lebih awal. Namun, sejumlah negara anggota G20, seperti Afrika Selatan, Indonesia, dan China belum dapat menentukan target penghentian batu bara.

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Daily News Update Page 8 "Developed countries are ready, they have

finished with their energy economic affairs. We, who are moving towards progress, are facing the same issue [energy transition]," said Ridwan in the webinar Future of Coal in the National Energy Mix, Monday night (26/7/2021).

He said that countries in Asia Pacific, which are the center of world economic growth, are still adding steam power plant (PLTU) capacity as a source of cheap energy. One of the factors driving the development of PLTU is the large coal reserves in the Asia Pacific. Indonesia still has coal reserves of 38.84 billion tons which can last for the next 65 years assuming a production of 600 million tons per year. "We still have a lot of coal, we still have about 60-65 years of reserves. Most of the coal in Kalimantan and Sumatra is a huge potential, which inevitably remains Indonesia's mainstay in providing affordable energy," said Ridwan.

In addition, the dependence of Asia Pacific countries' income on coal exports is also still high. For example, in Indonesia, coal PNBP in 2020 reached Rp26 trillion.

On the other hand, Indonesia has ratified the Paris Agreement and has committed to reducing greenhouse gas emissions so that efforts to reduce the use of coal are unavoidable.

Therefore, according to Ridwan, it is necessary to find a solution on how to regulate the rhythm of coal use so that it is in line with the Paris Agreement commitments and towards the Sustainable Development Goals. Editor : Anggara Pernando

"Negara maju yang sudah siap, mereka sudah selesai dengan urusan keekonomian energi-nya. Kita yang sedang bergerak menuju kemajuan, sama menghadapi isu itu [transisi energi]," ujar Ridwan dalam webinar Masa Depan Batu Bara dalam Bauran Energi Nasional, Senin malam (26/7/2021).

Dia menuturkan, negara-negara di Asia Pasifik yang menjadi pusat pertumbuhan ekonomi dunia, hingga saat ini masih menambah kapasitas pembangkit listrik tenaga uap (PLTU) sebagai sumber energi murah.

Faktor-faktor pendorong pengembangan PLTU, salah satunya adalah masih besarnya cadangan batu bara di Asia Pasifik. Indonesia masih memiliki cadangan batu bara sebesar 38,84 miliar ton yang masih bisa bertahan hingga 65 tahun ke depan dengan asumsi produksi 600 juta ton per tahun.

"Batu bara kita masih banyak, masih kira-kira 60-65 tahun cadangan kita. Baru bara di Kalimantan dan Sumatra sebagian besar ini adalah potensi besar yang mau tidak mau masih jadi andalan Indonesia dalam penye-diaan energi yang harganya terjangkau," kata Ridwan.

Selain itu, ketergantungan pendapatan negara Asia Pasifik akan ekspor batu bara juga masih tinggi. Misalnya, Indonesia, PNBP batu bara pada 2020 mencapai Rp26 triliun. Di sisi lain, Indonesia telah meratifikasi Perjanjian Paris dan telah berkomitmen untuk menurunkan emisi gas rumah kaca sehingga upaya pengurangan penggunaan batu bara menjadi tak terhindarkan.

Oleh karena itu, menurut Ridwan, perlu dicari solusi bagaimana mengatur ritme penggunaan batu bara agar sejalan dengan komitmen Perjanjian Paris dan menuju Tujuan Pembangunan Berkelanjutan (Sustainable Development Goals). Editor : Anggara Pernando

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Investors Can't Long Be

Separated from Coal, Makes

You Miss...

Hidayat Setiaji, CNBC Indonesia

C

OAL prices rose quite sharply. Looks like profit taking is over.

Yesterday, the price of coal on the ICE Newcastle (Australia) market was recorded at US$ 148.5/ton. Up 1.19% compared to the previous day.

On July 19, 2021, the price of the black stone touched US$ 153.7/ton, the highest since at least 2008. After that, the price fell for three consecutive days due to a wave of profit taking. In those three days, the decline reached 4.55%.

However, in the last two days, coal prices managed to rise. Maybe investors don't want to part with coal for too long. The price is already 'cheap' to make coal back to be excellent.

High demand makes the price of this commodity automatically in a bullish trend. Not only in Asia, demand in Europe is also increasing.

The European Energy Exchange noted that electricity generation by coal plants in Germany last week was 5,127 MWh. An increase of 54% over the same period the previous year.

One of the factors that increase the demand for new coal is the lower cost of generating electricity. In Europe, coal-fired power generation costs EUR 35.87/MWh as of 19 July 2021. While natural gas generation costs EUR 36.25/MWh.

Investor Tak Bisa Lama Pisah

dari Batu Bara, Bikin Kangen...

Hidayat Setiaji, CNBC Indonesia

H

ARGA batu bara naik lumayan tajam. Sepertinya aksi ambil untung (profit taking) sudah berakhir.

Kemarin, harga batu bara di pasar ICE Newcastle (Australia) tercatat US$ 148,5/ ton. Melonjak 1,19% dibandingkan sehari sebelumnya.

Pada 19 Juli 2021, harga si batu hitam menyentuh US$ 153,7/ton, tertinggi setidaknya sejak 2008. Selepas itu, harga turun selama tiga hari beruntun karena gelombang profit taking. Dalam tiga hari itu, penurunannya mencapai 4,55%.

Namun dalam dua hari terakhir, harga batu bara berhasil bangkit. Mungkin investor tidak betah terlalu lama berpisah dengan batu bara. Harganya yang sudah 'murah' membuat batu bara kembali menjadi primadona.

Permintaan yang tinggi membuat harga komoditas ini otomatis berada dalam tren bullish. Tidak hanya di Asia, permintaan di Eropa pun meningkat.

European Energy Exchange mencatat, pembangkitan listrik oleh pembangkit batu bara di Jerman pekan lalu adalah 5.127 MWh. Melonjak 54% dibandingkan periode yang sama tahun sebelumnya.

Salah satu faktor yang membuat permintaan

baru bara meningkat adalah biaya yang

lebih murah dalam hal pembangkitan listrik.

Di Eropa, biaya pembangkitan listrik batu bara adalah EUR 35,87/MWh per 19 Juli 2021. Sementara pembangkitan listrik oleh gas alam berbiaya EUR 36,25/MWh.

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Daily News Update Page 10 "The price of electricity generation by

natural gas is likely to be more expensive at least until early 2022. This makes power companies turn to coal rather than gas," said Toby Hassall, Analyst at Refinitiv. CNBC INDONESIA RESEARCH TEAM (aji/aji)

"Harga pembangkitan listrik oleh gas alam sepertinya akan lebih mahal setidaknya sampai awal 2022. Ini membuat per-usahaan pembangkit berpaling ke batu bara ketimbang gas," sebut Toby Hassall, Analis Refinitiv. TIM RISET CNBC INDONESIA (aji/aji)

Bukit Asam (PTBA) strategy

makes gasification one of the

pillars of future business

Reporter: Filemon Agung | Editor:

Noverius Laoli

P

T BUKIT Asam Tbk (PTBA) is now focusing on developing a gasification project which is considered to be a major requirement.

"This gasification will be one of the business pillars (of the company) going forward," said PTBA President Director Suryo Eko Hadianto, quoted from an official statement, Monday (26/7).

Suryo revealed, although PTBA still controls coal reserves of more than 3 billion tons and can be used for the next 100 years with an average production of 30 million tons per year, Suryo believes that meeting energy needs at that time no longer relies on coal.

"One hundred years from now, coal will be abandoned. So we must empower it as soon as possible, one of the breakthroughs is coal gasification," explained Suryo. Gasification itself, continued Suryo, will be a derivative product of coal (coal derivative). "PTBA's gasification process is to convert coal into Dymethil Ether (DME) whose function is to replace LPG," he said.

Strategi Bukit Asam (PTBA)

jadikan gasifikasi salah satu

pilar bisnis ke depan

Reporter: Filemon Agung | Editor:

Noverius Laoli

P

T BUKIT Asam Tbk (PTBA) kini berfokus untuk mengembangkan proyek gasifikasi yang dinilai menjadi kebutuhan utama. "Gasifikasi ini akan menjadi salah satu pilar bisnis (perusahaan) ke depan," kata Direktur Utama PTBA Suryo Eko Hadianto dikutip dari keterangan resmi, Senin (26/7).

Suryo mengungkapkan, meski PTBA masih menguasai cadangan batubara lebih dari 3 miliar ton dan mampu digunakan hingga 100 tahun mendatang dengan rata-rata produksi 30 juta ton per tahun, Suryo meyakini pemenuhan kebutuhan energi saat itu tak lagi bersandar pada batubara. "Seratus tahun yang akan datang, batubara akan ditinggalkan. Maka harus kami ber-dayakan secepatnya, salah satu terobosan-nya adalah gasifikasi batubara," jelas Suryo. Gasifikasi sendiri, sambung Suryo, akan jadi produk turunan dari batubara (coal derivative). "Proses gasifikasi PTBA adalah mengubah batubara menjadi Dymethil Ether (DME) yang fungsinya menjadi peng-ganti LPG," ungkapnya.

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Daily News Update Page 11 According to Suryo, Indonesia still imports

around 7 to 8 million tons of LPG per year. For this reason, the gasification project is expected to be able to answer energy independence.

Suryo ensures that the gasification project will start immediately. The certainty of the continuation of the gasification project was marked by the signing of the Amendment to the DME Development Cooperation Agreement between PTBA, PT Pertamina, and Air Products & Chemicals, Inc. (APCI). "The operational agreement and processing agreement have been signed," he said.

The plan is that this project will be carried out in Tanjung Enim for 20 years. With the utilization of 6 million tons of coal per year, this project can generate 1.4 million DME per year to reduce LPG imports by 1 million tons per year so as to improve the trade balance.

In addition, this project is expected to provide a multiplier effect, including attracting other foreign investment, also through the use of the TKDN portion in the project which is expected to empower national industry by absorbing local workers.

"Together with the Ministry of ESDM, the Coordinating Ministry for Maritime Affairs and Investment and SOEs, we are currently drafting regulations to elaborate on this collaboration," said Suryo.

The Head of the Bureau of Communication, Public Information Services and Cooperation (KLIK) of the Ministry of ESDM, Agung Pribadi, also assessed that the start of ogling gasification by coal companies will encourage an increase in added value in the future.

Dalam catatan Suryo, Indonesia masih mengimpor LPG sekitar 7 hingga 8 juta ton per tahun. Untuk itu, proyek gasifikasi di-harapkan mampu menjawab kemandirian energi.

Suryo memastikan proyek gasifikasi segera berjalan. Kepastian berlanjutnya proyek gasifikasi tersebut ditandai dengan penandatanganan Amandemen Perjanjian Kerja Sama Pengembangan DME antara PTBA, PT Pertamina, dan Air Products & Chemicals, Inc. (APCI).

"Operatinal agreement dan processing agreement sudah ditandatangani," tegas-nya.

Rencananya, proyek ini akan dilakukan di Tanjung Enim selama 20 tahun. Dengan utilisasi 6 juta ton batu bara per tahun, proyek ini dapat menghasilkan 1,4 juta DME per tahun untuk mengurangi impor LPG 1 juta ton per tahun sehingga dapat memperbaiki neraca perdagangan.

Selain itu, proyek ini diharapkan dapat memberikan multiplier effect antara lain menarik investasi asing lainnya, juga melalui penggunaan porsi TKDN dalam proyek yang diharapkan dapat mem-berdayakan industri nasional dengan penyerapan tenaga kerja lokal.

"Bersama Kementerian ESDM, Kemen-terian Koordinator Maritim dan Investasi dan BUMN, kami sedang menggodok peraturan untuk mengelaborasi dari kerja sama ini," kata Suryo.

Kepala Biro Komunikasi, Layanan Infor-masi Publik dan Kerja Sama (KLIK) Kementerian ESDM Agung Pribadi pun menilai dengan mulai diliriknya gasifikasi oleh perusahaan batubara maka akan mendorong peningkatan nilai tambah ke depannya.

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Daily News Update Page 12 "Nowadays, coal companies are looking at

gasification, this is the right step in reading future energy business opportunities. The government ensures that the increase in added value of coal can be a supply for domestic industrial development. So it's not just a commodity," concluded Agung.

"Kalau sekarang perusahaan batubara melirik gasifikasi, ini adalah langkah tepat dalam membaca peluang bisnis energi masa mendatang. Pemerintah memastikan peningkatan nilai tambah batubara bisa jadi suplai pengembangan industri dalam negeri. Jadi tidak hanya komoditas belaka," pungkas Agung.

Freeport Calls Prospective Goods

Amid the Renewable Energy

Trend

Author: Muhammad Ridwan

P

T FREEPORT Indonesia said the trend of new and renewable energy would bring huge business opportunities for the company along with the increasing use of electricity.

Freeport Indonesia President Director Tony Wenas copper mining products will be a hot item amid the increase in electricity-based products in the near future.

Tony said, in addition to electric vehicles, the market potential for copper products will be wide open with the presence of new and renewable energy power plants such as PLTS and PLTA which require large amounts of copper.

"Mining products are the best conductors of electricity, for example, one unit of electric vehicles requires 4 times more copper than conventional cars," said Tony at the 2021 Green Summit, Monday (26/7/2021).

In addition to capturing this business opportunity, the trend of EBT at the global level is directing companies to increase their clean energy mix in their operations.

Freeport Sebut Calon Barang

Buruan di Tengah Tren Energi

Terbarukan

Author: Muhammad Ridwan

P

T FREEPORT Indonesia menyebut tren energi baru dan terbarukan bakal mem-bawa peluang bisnis yang sangat besar bagi perseroan seiring dengan meningkat-nya penggunaan listrik.

Presiden Direktur Freeport Indonesia Tony Wenas produk tambang tembaga akan menjadi barang buruan di tengah pening-katan produk-produk berbasis listrik dalam beberapa waktu ke depan.

Tony menuturkan, selain kendaraan listrik, potensi pasar produk tembaga akan ter-buka lebar dengan kehadiran pembangkit listrik energi baru dan terbarukan seperti PLTS dan PLTA yang membutuhkan tembaga dalam jumlah besar.

"Produk tambang adalah penghantar listrik yang paling baik contohlah untuk ken-daraan listrik satu unitnya membutuhkan tembaga 4 kali lebih banyak dibandingkan mobil konvensional," ujar Tony dalam Green Summit 2021, Senin (26/7/2021). Di samping menangkap peluang bisnis itu, tren EBT di level global mengarahkan perusahaan-perusahaan untuk meningkat-kan bauran energi bersih dalam kegiatan operasionalnya.

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Daily News Update Page 13 Tony revealed that at this time his party

had implemented the use of biofuels for mining equipment in the lowlands. Biofuel is also used for electricity generation in the company's mining areas.

"From 2020 to 2024, we will increase B30– B40 from 7 million liters to 100 million liters per year, as well as the construction of PLTMG where we use biofuels, so this will greatly reduce carbon emissions from other fossil fuels," he said.

Meanwhile, previously, President Director of PT Medco Energi Internasional Tbk (MEDC) Hilmi Panigoro said that the acceleration of the use of new and renewable energy (EBT) in Indonesia needs to be accompanied by improved regulations and ease of investment.

According to him, so far the use of renewable energy in Indonesia has shown an upward trend. However, this has also been followed by an increase in the use of fossil energy sources such as coal. "So, the trend of using NRE in Indonesia actually looks like it's stagnant, but it's not," he said in a webinar on Wednesday (14/7/2021). One of the conveniences that, according to Hilmi, can be provided to potential investors, is legal certainty. According to him, the law related to EBT must be consistent, credible, have clear legal instruments, and have good implemen-tation.

"This law must be consistent, do not change every time there is a change of ministers," said Hilmi. Editor : Muhammad Khadafi

Tony mengungkapkan, pada saat ini pihak-nya telah mengimplementasikan peng-gunaan biofuel untuk peralatan pertam-bangan di dataran rendah. Biofuel juga digunakan untuk kebutuhan pembangkitan listrik di wilayah pertambangan perseroan. "Sejak 2020 sampai 2024 akan mening-katkan B30–B40 dari 7 juta liter menjadi 100 juta liter per tahun, juga pembangunan PLTMG di mana kita menggunakan biofuel, sehingga ini akan sangat mengurangi emisi karbon dari fosil fuel lain," ungkapnya. Sementara itu, sebelumnya, Direktur Utama PT Medco Energi Internasional Tbk (MEDC) Hilmi Panigoro mengatakan akselerasi penggunaan energi baru ter-barukan (EBT) di Indonesia perlu di-barengi dengan perbaikan regulasi dan kemudahan dalam berinvestasi.

Menurutnya, selama ini penggunaan energi terbarukan di Indonesia memang menun-jukkan tren kenaikan. Meski demikian, hal ini turut diikuti dengan kenaikan peng-gunaan sumber energi fosil seperti batu bara. “Sehingga, tren penggunaan EBT di Indonesia ini malah terlihat seperti stagnan, padahal tidak,” katanya dalam sebuah webinar pada Rabu (14/7/2021). Salah satu kemudahan yang menurut Hilmi dapat diberikan kepada para calon investor, adalah kepastian hukum. Menurutnya, Undang-Undang terkait EBT harus konsisten, kredibel, memiliki perangkat hukum yang jelas, serta pelaksanaan yang baik.

“Undang-Undang ini harus konsisten, jangan berubah-ubah setiap ada per-gantian menteri,” kata Hilmi. Editor : Muhammad Khadafi

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Gasification is considered to be

the target of new business for

the coal industry

Alfi Kholisdinuka - detikFinance

T

HE GASIFICATION project is considered to be a new business support for coal companies. As a National Strategic Project (PSN), gasification is projected as a substitute for Liquified Petroleum Gas (LPG) so as to reduce dependence on imported fuel oil (BBM) in meeting domestic energy needs.

"Nowadays, coal companies are looking at gasification, this is the right step in reading future energy business opportunities. The government ensures that increasing the added value of coal can be a supply for domestic industrial development. So it's not just a commodity," said the Head of the Communications Bureau, Public Infor-mation Service. and Cooperation (KLIK) of the Ministry of ESDM Agung Pribadi in a written statement, Monday (26/7/2021). Previously, during the 'Open-Open' virtual discussion with the theme Bukit Asam Glancing at the Renewable Energy Business, Friday (23/7), President Director of PT Bukit Asam Tbk (PTBA) Suryo Eko Hadianto emphasized that the gasification project is a major need for the company. "This gasification will be one of the business pillars (of the company) going forward," said Suryo.

He assessed that although PTBA still controls coal reserves of more than 3 billion tons and can be used for the next 100 years with an average production of 30 million tons per year, Suryo believes that meeting energy needs at that time no longer relies on coal.

Gasifikasi Dinilai Akan Jadi

Incaran Bisnis Baru Industri

Batu Bara

Alfi Kholisdinuka - detikFinance

P

ROYEK gasifikasi dinilai akan menjadi topangan bisnis baru bagi perusahaan batu bara. Sebagai Proyek Strategis Nasional (PSN), gasifikasi diproyeksikan sebagai substitusi Liquified Petroleum Gas (LPG) sehingga mengurangi ketergantungan pada impor bahan bakar minyak (BBM) dalam memenuhi kebutuhan energi di dalam negeri.

"Kalau sekarang perusahaan batu bara melirik gasifikasi ini adalah langkah tepat dalam membaca peluang bisnis energi masa mendatang. Pemerintah memastikan meningkatkan nilai tambah batu bara bisa jadi suplai pengembangan industri dalam negeri. Jadi tidak hanya komoditas belaka," ungkap Kepala Biro Komunikasi, Layanan Informasi Publik dan Kerja Sama (KLIK) Kementerian ESDM Agung Pribadi dalam keterangan tertulis, Senin (26/7/2021). Sebelumnya, pada diskusi virtual 'Buka-Bukaan' bertema Bukit Asam Melirik Bisnis Energi Terbarukan, Jumat (23/7), Direktur Utama PT Bukit Asam Tbk (PTBA) Suryo

Eko Hadianto menegaskan proyek gasifikasi

menjadi kebutuhan utama bagi perusahaan tersebut.

"Gasifikasi ini akan menjadi salah satu pilar bisnis (perusahaan) ke depan," kata Suryo.

Dia menilai meski PTBA masih menguasai cadangan batu bara lebih dari 3 miliar ton dan mampu digunakan hingga 100 tahun mendatang dengan rata-rata produksi 30 juta ton per tahun, Suryo meyakini pemenuhan kebutuhan energi saat itu tak lagi bersandar pada batu bara.

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Daily News Update Page 15 "One hundred years from now, coal will be

abandoned. So we must empower it as soon as possible, one of the breakthroughs is coal gasification," he explained.

Gasification will be a derivative product of coal (coal derivative). According to him, the PTBA gasification process is to convert coal into Dimethyl Ether (DME) whose function is to replace LPG.

According to Suryo, Indonesia still imports around 7 to 8 million tons of LPG per year. For this reason, the gasification project is expected to be able to answer energy independence. "What PTBA (gasification) has done is in line with President Jokowi's program to reduce imports," he explained. Suryo ensures that the gasification project will start immediately. The certainty of the continuation of the gasification project was marked by the signing of the Amendment to the DME Development Cooperation Agreement between PTBA, PT Pertamina, and Air Products & Chemicals, Inc. (APCI). "The operational agreement and processing

agreement have been signed," he said. The plan is that this project will be carried out in Tanjung Enim for 20 years. With the utilization of 6 million tons of coal per year, this project can generate 1.4 million DME per year to reduce LPG imports by 1 million tons per year so as to improve the trade balance.

In addition, this project is expected to provide a multiplier effect, including attracting other foreign investment, also through the use of the TKDN portion in the project which is expected to empower national industry by absorbing local workers.

"Together with the MSDM, the Coor-dinating Ministry for Maritime Affairs and Investment and SOEs, we are currently drafting regulations to elaborate on this collaboration," he concluded. (prf/hns)

"Seratus tahun yang akan datang, batu bara akan ditinggalkan. Maka harus kami ber-dayakan secepatnya, salah satu terobosan-nya adalah gasifikasi batu bara," jelasterobosan-nya. Gasifikasi akan jadi produk turunan dari batu bara (coal derivative). Menurutnya, proses gasifikasi PTBA adalah mengubah batu bara menjadi Dimethyl Ether (DME) yang fungsinya menjadi pengganti LPG. Dalam catatan Suryo, Indonesia masih mengimpor LPG sekitar 7 hingga 8 juta ton per tahun. Untuk itu, proyek gasifikasi di-harapkan mampu menjawab kemandirian energi. "Apa yang sudah dilakukan PTBA

(gasifikasi) sejalan dengan program Presiden

Jokowi dalam mengurangi impor," urainya. Suryo memastikan proyek gasifikasi segera berjalan. Kepastian berlanjutnya proyek gasifikasi tersebut ditandai dengan penandatanganan Amandemen Perjanjian Kerja Sama Pengembangan DME antara PTBA, PT Pertamina, dan Air Products & Chemicals, Inc. (APCI).

"Operational agreement dan processing agreement sudah ditandatangani," tegasnya. Rencananya, proyek ini akan dilakukan di Tanjung Enim selama 20 tahun. Dengan utilisasi 6 juta ton batu bara per tahun, proyek ini dapat menghasilkan 1,4 juta DME per tahun untuk mengurangi impor LPG 1 juta ton per tahun sehingga dapat mem-perbaiki neraca perdagangan.

Selain itu, proyek ini diharapkan dapat memberikan multiplier effect antara lain menarik investasi asing lainnya, juga melalui penggunaan porsi TKDN dalam proyek yang diharapkan dapat memberdayakan industri nasional dengan penyerapan tenaga kerja lokal.

"Bersama Kementerian ESDM, Kementerian Koordinator Maritim dan Investasi dan BUMN, kami sedang menggodok peraturan untuk mengelaborasi dari kerja sama ini," pungkasnya. (prf/hns)

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Martabe Gold Mine Holds First

Phase of Mutual Cooperation

Vaccination

By: Dewi Sukhrani, Editor: Dewi Sukhrani

P

T AGINCOURT Resources (PTAR), the manager of the Martabe Gold Mine, held the first stage of the Mutual Cooperation Vaccination program which was held on Sunday, July 25, 2021 until Tuesday, July 27, 2021, at the Martabe Gold Mine, South Tapanuli Regency, North Sumatra.

The Sinopharm vaccine injection program targets 900 PTAR employees and contractors and their families, which will be held in the Terminal Gate area and the Permata Shelter at the Martabe Gold Mine site. A total of 226 people managed to get a vaccine injection on the first day of the Mutual Cooperation Vaccination program, Sunday (25/7/2021).

Rahmat Lubis, General Manager Opera-tions of PTAR stated that the vaccination activity is part of the Mutual Cooperation Vaccination program which was inaugurated by President Joko Widodo on May 18, 2021. According to Rahmat, the implementation of the Mutual Cooperation Vaccination program is a form of PTAR's commitment to prioritize protection for all employees and their families. from exposure to the Covid-19 virus.

"Of course we hope that through the implementation of the Mutual Cooperation Vaccination, in addition to participating in the success of the government program, the productivity of all PTAR employees and contractor employees can be increased to support the national economic recovery through the mining industry," said Rahmat.

Tambang Emas Martabe Gelar

Vaksinasi Gotong Royong Tahap

Pertama

Oleh: Dewi Sukhrani, Editor: Dewi Sukhrani

P

T AGINCOURT Resources (PTAR), pengelola Tambang Emas Martabe meng-gelar program Vaksinasi Gotong Royong tahap pertama yang dilaksanakan pada Minggu 25 Juli 2021 sampai dengan Selasa 27 Juli 2021, di Tambang Emas Martabe,

Kabupaten Tapanuli Selatan, Sumatra Utara.

Program penyuntikan vaksin jenis Sinopharm ini menargetkan 900 karyawan PTAR dan kontraktor beserta keluarganya yang digelar di area Terminal Gate dan Shelter Permata di site Tambang Emas Martabe. Sebanyak 226 orang berhasil mendapatkan suntikan vaksin di hari pertama program Vaksinasi Gotong Royong ini, Minggu (25/7/2021).

Rahmat Lubis, General Manager Opera-tions PTAR menyatakan, kegiatan vaksi-nasi itu merupakan bagian dari program Vaksinasi Gotong Royong yang diresmikan Presiden Joko Widodo pada 18 Mei 2021. Menurut Rahmat, penyelenggaraan program Vaksinasi Gotong Royong ini merupakan wujud komitmen PTAR untuk mengutamakan perlindungan bagi seluruh karyawan dan keluarganya dari paparan virus Covid-19.

"Tentunya kami berharap melalui penye-lenggaraan Vaksinasi Gotong Royong ini, selain turut serta menyukseskan program pemerintah, produktivitas seluruh karyawan PTAR dan karyawan kontraktor bisa ditingkatkan untuk mendukung pemulihan ekonomi nasional melalui industri pertambangan ini,” kata Rahmat.

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Daily News Update Page 17 Rahmat stated that the Mutual Cooperation

Vaccination program at the Martabe Gold Mine was held in collaboration with PT Kimia Farma Diagnostika (KFD), which is the grandson of PT Kimia Farma Tbk (KAEF). So far, Kimia Farma is a company that distributes and injects Mutual Cooperation Vaccination in the mining sector.

Previously, said Rahmat, as many as 599 employees consisting of 329 PTAR employees and 270 contractor employees at the Martabe Gold Mine site had received the second dose of vaccine on July 16, 2021 through a vaccination program in colla-boration with the South Tapanuli Regency Government Health Office and the Tapanuli Regency Resort Police (Polres). South. The vaccine used is of the Sinovac type where the first dose is injected on 18 June 2021. So that as of 25 July 2021, the total PTAR employees (FIFO employees, local and Jakarta offices) and contractor employees who have received the first dose of vaccine are 1,228 people, while those who have received injection of the second dose of vaccine as many as 642 people.

Separately, PTAR's Senior Manager of Corporate Communications, Katarina Siburian Hardono, expressed his gratitude and appreciation to the Government of Indonesia for organizing the Mutual Cooperation Vaccination program so that the private sector is allowed to participate, especially mining companies such as PTAR which is a National Vital Object.

Katarina hopes that this vaccination program can provide comfort and peace of mind for all PTAR employees and contractors at the Martabe Gold Mine. "We hope of course that herd immunity at the Martabe Gold Mine can be achieved," said Katarina.

Rahmat menyatakan program Vaksinasi Gotong Royong di Tambang Emas Martabe digelar dengan menggandeng PT Kimia Farma Diagnostika (KFD), yang merupakan cucu perusahaan PT Kimia Farma Tbk (KAEF). Sejauh ini Kimia Farma merupakan perusahaan yang melakukan distribusi dan penyuntikan Vaksinasi Gotong Royong di sektor pertambangan.

Sebelumnya, kata Rahmat, sebanyak 599 Karyawan terdiri dari 329 karyawan PTAR dan 270 karyawan kontraktor di site Tambang Emas Martabe sudah mendapatkan vaksin dosis kedua pada 16 Juli 2021 melalui program vaksinasi berkolaborasi dengan Dinas Kesehatan Pemerintah Kabupaten Tapanuli Selatan dan Kepolisian Resor (Polres) Kabupaten Tapanuli Selatan.

Vaksin yang digunakan berjenis Sinovac di mana penyuntikan dosis pertama pada 18 Juni 2021. Sehingga per 25 Juli 2021, total karyawan PTAR (karyawan FIFO, lokal dan kantor Jakarta) serta karyawan kontraktor yang telah mendapatkan vaksin dosis pertama sebanyak 1,228 orang, sementara yang telah mendapatkan suntikan vaksin dosis kedua sebanyak 642 orang.

Di tempat terpisah, Senior Manager Corporate Communications PTAR, Katarina Siburian Hardono menyatakan terima kasih serta apresiasi kepada Pemerintah Indonesia yang telah menyelenggarakan program Vaksinasi Gotong Royong sehingga pihak swasta diperkenankan untuk ikut serta, khususnya perusahaan pertambangan seperti PTAR yang merupakan Obyek Vital Nasional.

Katarina berharap program vaksinasi ini bisa memberikan kenyamanan dan ketenangan bekerja bagi seluruh karyawan PTAR dan kontraktor di Tambang Emas Martabe.

"Kami berharap tentunya herd immunity di Tambang Emas Martabe bisa tercapai," kata Katarina.

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Daily News Update Page 18 In the midst of the Covid-19 pandemic,

according to Katarina, the Martabe Gold Mine remains committed to ensuring the health and safety of its employees while maintaining safe and beneficial gold production for all stakeholders.

PTAR in collaboration with various parties such as the International SOS health contractor and PT Prodia Widyahusada Tbk, as well as the South Tapanuli Regency Government Health Office, and the South Tapanuli Covid-19 Handling and Acceleration Task Force have designed a health protocol process for all employees to maintain production sustainability. Martabe Gold Mine.

Katarina emphasized that PTAR has and will continue to carry out routine body temperature checks for all employees, health testing through antigen swabs and PCR, physical health checks, and isolation/ quarantine. All of these procedures are carried out for all employees before starting work at the mine site.

The company is committed to keeping the work location at the Martabe Gold Mine free from the transmission of the Covid-19 virus.

The company continuously conducts socialization both for employees and the community around the mine site to maintain the health of themselves and their families and comply with health protocols from the local government and the Covid-19 task force Not only that, the Company also continues to encourage employees and contractors to get vaccinated.

Di tengah masa pandemi Covid-19 ini menurut Katarina, Tambang Emas Martabe tetap berkomitmen mengupayakan kesehatan dan keselamatan karyawan sekaligus mempertahankan produksi emas yang aman serta bermanfaat bagi seluruh pemangku kepentingan.

PTAR bekerja sama dengan berbagai pihak seperti kontraktor kesehatan International SOS dan PT Prodia Widyahusada Tbk, juga dengan Dinas Kesehatan Pemerintah Kabupaten Tapanuli Selatan, serta Satuan tugas Penanganan dan Percepatan Covid-19 Tapanuli Selatan telah merancang proses protokol kesehatan bagi seluruh karyawan untuk tetap menjaga keber-lanjutan produksi Tambang Emas Martabe. Katarina menegaskan, PTAR telah dan akan terus menjalankan pengecekan rutin suhu tubuh seluruh karyawan, pengujian kesehatan melalui swab antigen dan PCR, pemeriksaan kesehatan fisik, serta isolasi/ karantina. Seluruh prosedur tersebut dilakukan bagi seluruh karyawan sebelum memulai bekerja di lokasi tambang.

Perusahaan berkomitmen untuk menjaga lokasi kerja di Tambang Emas Martabe terbebas dari penularan virus Covid-19. Perusahaan secara terus menerus me-lakukan sosialisasi baik untuk karyawan maupun masyarakat di sekitar lokasi tambang untuk tetap menjaga kesehatan diri dan keluarga serta mematuhi protokol kesehatan dari pemerintah setempat dan satuan tugas Covid-19. Tak hanya itu, Perusahaan juga terus mendorong para karyawan dan kontraktor untuk men-dapatkan vaksinasi.

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This is a list of regions in

Indonesia that hold the largest

nickel treasures

I

NDONESIA turns out to be the owner of the world's largest nickel treasure. Indonesia is said to have nickel reserves of 72 million tons of Ni (nickel), equivalent to 52% of the world's total nickel reserves which were recorded at 139,419,000 tons of Ni.

The data is the result of processed data from the January 2020 USGS and the 2019 Geological Agency, quoted from the booklet entitled "Indonesian Nickel Investment Opportunities" 2020 released by the Ministry of ESDM.

"Indonesia has the largest nickel reserves in the world, meaning that Indonesia plays an important role in the supply of world nickel raw materials," the data said.

So, which areas hold the largest nickel treasures in the country? The following is the list, citing the same source from the data from the Ministry of ESDM 2020. 1. Sulawesi, precisely in Central Sulawesi and Southeast Sulawesi

As much as 77% of the area in this area has the potential to carry mineralization and there is no Mining Business License Area (WIUP).

The nickel ore reserves in Sulawesi reach 2.6 billion tons of ore.

The abundance of nickel resources in this area is no doubt many Mining Business Permits (IUPs) have been issued. As of September 2020,...

Ini Daftar Daerah di RI

Penyimpan Harta Karun Nikel

Terbesar

I

NDONESIA ternyata pemilik harta karun nikel terbesar di dunia. Indonesia disebut memiliki cadangan nikel sebesar 72 juta ton Ni (nikel) atau setara 52% dari total cadangan nikel dunia yang tercatat men-capai 139.419.000 ton Ni.

Data tersebut merupakan hasil olahan data dari USGS Januari 2020 dan Badan Geologi 2019, dikutip dari booklet bertajuk "Peluang Investasi Nikel Indonesia" 2020 yang dirilis Kementerian ESDM.

"Indonesia memiliki cadangan nikel terbesar di dunia, artinya Indonesia berperan penting dalam penyediaan bahan baku nikel dunia," tulis keterangan data tersebut.

Lantas, daerah mana saja yang menyimpan harta karun nikel terbesar di Tanah Air? Berikut daftarnya, mengutip sumber yang sama dari data Kementerian ESDM 2020 tersebut.

1. Sulawesi, tepatnya di Sulawesi Tengah dan Sulawesi Tenggara

Sebesar 77% wilayah di daerah ini ber-potensi pembawa mineralisasi dan belum ada Wilayah Izin Usaha Pertambangan (WIUP).

Adapun cadangan bijih nikel di Sulawesi ini mencapai 2,6 miliar ton bijih.

Banyaknya sumber daya nikel di daerah ini tak ayal banyak Izin Usaha Pertambangan (IUP) yang diterbitkan. Hingga September 2020...

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Daily News Update Page 20 As of September 2020, nickel IUPs in

Southeast Sulawesi have reached 154 IUPs and 1 holder of a Contract of Work (KK), then 85 IUPs in Central Sulawesi, and 3 IUPs in South Sulawesi.

There are three nickel industrial areas in Sulawesi, namely:

1. Morowali Industrial Estate 2. Konawe Industrial Estate 3. Bantaeng Industrial Estate.

2. Maluku, both Maluku and North Maluku

There are 43% of potential mineralization carrier areas and there is no WIUP yet. It is estimated to have nickel ore reserves of up to 1.4 billion tonnes of ore.

North Maluku is the area with the most nickel IUP holders in the Maluku region, namely 44 IUP and 1 KK, while Maluku has only 2 nickel IUPs.

In North Maluku, there is one nickel-specific industrial area, namely Weda Bay, South Halmahera, North Maluku.

3. Papua, including Papua and West Papua

There are 98% potential mineralization carrier areas and there is no WIUP yet. Papua is estimated to have nickel ore reserves of 0.06 billion tons of ore.

There are three IUPs and 1 KK in West Papua, and 1 IUP and 1 KK in Papua. However, there are no special nickel industrial areas in Papua or West Papua.

(wia)

Hingga September 2020 tercatat IUP nikel di Sulawesi Tenggara mencapai 154 IUP dan 1 pemegang Kontrak Karya (KK), lalu 85 IUP di Sulawesi Tengah, dan 3 IUP di Sulawesi Selatan.

Ada tiga kawasan industri nikel di Sulawesi yakni:

1. Kawasan Industri Morowali 2. Kawasan Industri Konawe 3. Kawasan Industri Bantaeng.

2. Maluku, baik Maluku maupun Maluku Utara

Terdapat 43% wilayah potensi pembawa mineralisasi dan belum ada WIUP. Diperkirakan memiliki cadangan bijih nikel hingga 1,4 miliar ton bijih.

Maluku Utara menjadi daerah paling banyak pemegang IUP nikel di kawasan Maluku ini yaitu 44 IUP dan 1 KK, sementara Maluku hanya terdapat 2 IUP nikel.

Di Maluku Utara terdapat satu kawasan industri khusus nikel yakni di Weda Bay, Halmahera Selatan, Maluku Utara.

3. Papua, termasuk Papua dan Papua Barat

Terdapat 98% wilayah potensi pembawa mineralisasi dan belum ada WIUP. Papua diperkirakan memiliki cadangan bijih nikel mencapai 0,06 miliar ton bijih.

Ada tiga IUP dan 1 KK di Papua Barat, dan 1 IUP dan 1 KK di Papua. Namun tidak ada kawasan industri khusus nikel di Papua maupun Papua Barat. (wia)

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Energy Ministry: Indonesia's Coal Reserves Estimated to Last About 65

Years

Translator: Dewi Elvia Muthiariny, Editor: Petir Garda Bhwana

T

HE ENERGY and Mineral Resources (ESDM) Ministry’s Mineral and Coal Director-General Ridwan Djamaluddin said Indonesia still has large coal reserves of 38.84 billion tons.

“We still have about 60 to 65 years to go of our [coal] reserves,” said Ridwan in the ministry’s virtual discussion on Monday, July 26, 2021.

The time was calculated based on the production rate of 600 million tons per year.

Kalimantan holds most of the total reserves at 24.84 billion tons or 62.11 percent, followed by Sumatra at 12.96 billion tons or 37.70 percent.

“This is a huge potential that inevitably remains Indonesia’s mainstay in providing affordable energy,” Ridwan said.

One of the government’s current efforts, he added, is to encourage the use of coal in a cleaner fashion. “The intentions are good. But there are at least two challenges as we already know.” The first challenge is technology exploitation. The second challenge is the economics of implementing it.

“These are huge challenges that the value-added coal project downstream that we have pushed until now is still running at a speed that has not met our expectations,” said Ridwan.

HENDARTYO HANGGI

Copper price highest in 6 weeks as flooding in China raises supply

concerns

MINING.COM Staff Writer

C

OPPER prices jumped on Monday as floods in China sparked demand hopes at a time when inventories are falling.

Copper for delivery in September rose 4.5% from Friday’s settlement price, touching $4.602 per pound ($10,120 per tonne) midday Monday on the Comex market in New York.

Benchmark copper on the London Metal Exchange was up 0.9% at $9,604.50 per tonne in official trading, after touching its highest since June 16 at $9,665 per tonne.

Floods in central China, especially in the industrial and transport hub city of Zhengzhou in Henan province, have raised supply concerns and demand for rebuilding damaged infrastructure.

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Daily News Update Page 22 Flooding has caused at least $10 billion in damage, according to state media.

“Sentiment has brightened again in the last few days, reflected in the copper price,” Commerzbank analyst Daniel Briesemann said, adding he believed copper was due for a correction.

A Singapore-based trader said the market was pricing in disruptions to output from floods in Henan and demand for reconstruction.

Related read: Are copper prices in a supercycle? A 120-year perspective.

Copper prices have been advancing after China revealed that will release fewer metals reserves than expected.

China will sell another 30,000 tonnes of copper, 90,000 tonnes of aluminum, and 50,000 tonnes of zinc at auction from its state reserves on July 29.

The auction will mark the second sale this month as the government aims to rein in skyrocketing commodity prices.

“It is slightly less than the market expected but it should be priced in already as it’s pretty well flagged,” said Anna Stablum, a commodities broker at Marex Spectron. (With files from Reuters)

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Freeport-McMoRan reports its 2Q21 and 1H21 results

Published by Will Owen, Deputy Editor

F

REEPORT-McMoRan Inc. (FCX) has released its second-quarter (2Q21) and 6-month 2021 (1H21) results.

Highlights

 Net income attributable to common stock in 2Q21 totalled US$1.08 billion, US$0.73 per share, and adjusted net income attributable to common stock totalled US$1.14 billion, or US$0.77 per share, after adjusting for net charges totalling US$56 million, US$0.04 per share.

 Consolidated sales totalled 929 million lbs of copper, 305 000 oz of gold, and 22 million lbs of molybdenum in 2Q21. Consolidated sales for the year 2021 are expected to approximate 3.85 billion lbs of copper, 1.3 million oz of gold, and 86 million lbs of molybdenum – including 1.03 billion lbs of copper, 360 000 oz of gold and 21 million lbs of molybdenum in 3Q21.

 Average realised prices in 2Q21 were US$4.34 per pound for copper, US$1794/oz for gold, and US$13.11/lb for molybdenum.

 Average unit net cash costs in 2Q21 were US$1.48/lb of copper (including nonrecurring labour-related charges at Cerro Verde of US$0.07/lb of copper) and are expected to average US$1.35/lb of copper for the year 2021.

 Operating cash flows totalled US$2.4 billion (including US$0.5 billion of working capital and other sources) in 2Q21 and US$3.5 billion (including US$0.2 billion of working capital and other sources) for 1H21. Based on current sales volume and cost estimates, and assuming average prices of US$4.25 per pound for copper, US$1800/oz for gold and US$16.00 per pound for molybdenum for the second half of 2021, operating cash flows are expected to approximate US$7.5 billion (including US$0.4 billion of working capital and other sources) for the year 2021.

 Capital expenditures totalled US$0.4 billion (including approximately US$0.3 billion for major projects) in 2Q21 and US$0.8 billion (including approximately US$0.6 billion for major projects) for the first 6-months of 2021. Capital expenditures for the year 2021, excluding Indonesia smelter expenditures, are expected to approximate US$2.2 billion, including US$1.4 billion for major projects primarily associated with underground development activities in the Grasberg minerals district in Indonesia.

 As of 30 June 2021, consolidated debt totalled US$9.7 billion and consolidated cash and cash equivalents totalled US$6.3 billion, resulting in net debt of US$3.4 billion. FCX had no borrowings and US$3.5 billion available under its revolving credit facility at June 30, 2021. Richard C. Adkerson, Chairman and Chief Executive Officer of FCX, comments:

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Daily News Update Page 24 “Our global team continues to execute our operating plans safely, efficiently and responsibly, providing strong cash flows and a solid foundation for future profitability and growth. During 1H21, we reduced our net debt by US$2.7 billion and achieved our targeted net debt level, positioning us for increasing cash returns to shareholders and investments in future growth in accordance with our financial policy.

“As a leading responsible producer of copper, we are optimistic about the prospects for our business and our role in supporting a growing global economy and the transition to clean energy. We remain focused on building value for all stakeholders through solid management of our long-lived and high-quality portfolio of copper assets.”

OZ Minerals on track with Prominent Hill record

Nickolas Zakharia

O

Z MINERALS has mined a record 1.14 million tonnes of ore at the Prominent Hill copper-gold mine in South Australia off the back of strong copper demand.

The company’s copper production increased by 22 per cent, delivering 32,681 tonnes of copper for the June quarter of 2021 compared with 26,842 tonnes in the March period. OZ Minerals managing director and chief executive officer Andrew Cole said the performance was bolstered by the Prominent Hill and Carrapateena copper-gold mines in South Australia. “A strong second quarter from our major South Australian operations and favourable copper prices saw us finish the half in a robust financial position with a cash balance of $134 million and our corporate debt facility fully repaid from operating cashflow,” he said.

“Full-year group copper production guidance remains on track notwithstanding a lowering of annual guidance in the Carajás, Brazil, which has been impacted by direct and flow-on effects of COVID-19.”

According to Cole, the increased results were in line with what had been anticipated.

“As expected, second quarter copper production was higher than the prior quarter,” he said. “Grade increased at Carrapateena in line with its mine plan. Prominent Hill continued to reliably increase the level of underground ore mined with (the June quarter) delivering the highest recorded underground ore mined to date.”

OZ Minerals advanced Prominent Hill’s accelerated decline and lower-level infrastructure in the June quarter, with the extension of its ventilation network and continuation of the decline to be commissioned in the September quarter.

The company’s gold grades from its long-term stockpiles increased the company’s full-year gold production guidance from 190,000 to 215,000 ounces, to 205,000 to 228,000 ounces. Gold production in the June quarter increased slightly from 55,150 to 57,875 ounces.

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Daily News Update Page 25 The company’s all-in sustaining costs have also reduced to $US134.50 ($182.15) from $US136.50 in the previous quarter.

Continued works on Carrapateena’s Western Access Road continued in the June quarter, which is expected to completed later this year.

Cole said the company’s financial position has helped advance the study phase of its West Musgrave copper and nickel project in Western Australia.

“Our strong financial position continues to support our pipeline of major brownfield projects at Carrapateena and Prominent Hill, and the potential West Musgrave Project currently advancing through the study phase,” he said.

“Prominent Hill has continued to sustain annualised rates above four million tonnes per annum with work continuing at the bottom of the current life-of-mine level to establish level infrastructure for the commencement of the bottom-up mining sequence.

“Simultaneous bottom up and top down mining will enable an increase in mining rates from 2022, to between four million tonnes per annum and five million tonnes per annum.”

Copper Mountain posts ‘near record’ quarterly production

By Vladimir Basov

C

OPPER Mountain Mining (TSX: CMMC) announced Monday that its Copper Mountain mine, located in British Columbia, Canada, produced 25.5 million pounds of copper in Q2 2021, which is 41% more compared to 18.1 million pounds of copper produced in Q2 2020.

The company said that similar to Q1 2021, the higher-grade ore from Phase 3 was the primary driver of the near record production in Q2 2021. The company also produced 7,627 ounces of gold and 147,973 ounces of silver.

The company’s revenue for the second quarter of 2021 was $142.1 million from the sale of 21.7 million pounds of copper, 6,545 ounces of gold, and 121,291 ounces of silver, net of pricing adjustments. Gross profit for the second quarter of 2021 was $85.8 million and net income was $38.7 million, or $0.12 on a per-share basis.

The company noted that it recorded a net income of $32.2 million in Q2 2021 on an adjusted basis, or $0.15 per share, compared to a net loss of $1.5 million in Q2 2020, or $0.01 per share.

The company said it has increased 2021 production guidance range to 90 to 100 million pounds of copper.

“We posted yet another strong production quarter contributing to record operating cash flow,” commented president and CEO Gil Clausen. “As a result of the production achieved to date, we are increasing our production guidance range for 2021 to 90 to 100 million pounds of copper. As previously guided, we expect grades to moderate for the remainder of the year

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