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Inalum
PT Indonesia Asahan Aluminium, colloquially known as Inalum) is an Indonesian state-owned company specialized in aluminium smelting. The company manages the huge potential of electricity generated from Asahan River. Inalum was first established in 1976 as joint venture company between Indonesian government and , before it was fully acquired by the government in 2013. Inalum has transformed itself into a strategic holding company, to be called Mining Industry Indonesia or MIND ID, that oversees all state-owned mining companies. History The failure of the Dutch East Indies government to take advantage of the swift flow of water from Lake Toba through Asahan River prompted Indonesian government to build a hydropower plant. In 1972, the hydropower development plan strengthened after the government received a report from Nippon Koei, a Japanese consulting company, that the feasibility study of building hydropower plant was possible to be built as well as an aluminum smelter as th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aneka Tambang
PT Aneka Tambang Tbk, colloquially known as Antam, is an Indonesian mining company. The company primarily produces gold and nickel, and is the largest producer of nickel in Indonesia. Until 2017, Antam was a directly state-owned company, before its ownership was transferred to PT Indonesia Asahan Aluminium (Persero) (Inalum), a government-owned holding company. History Antam was established in 1968 by the Indonesian government under Suharto by merging multiple state-owned mining companies. It became a limited company in 1974, and began listing in the Jakarta Stock Exchange in 1997. In 2017, its ownership was transferred from the Indonesian government (which controlled 65 percent of the company's shares) to Inalum in a move intended to create a national holding company. Due to a government ban on the export of unprocessed ores, Antam began construction of smelter facilities for ferronickel and alumina. In 2020, it was announced that Antam would form a joint venture with Pertamin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grasberg Mine
The Grasberg mine has one of the largest reserves of gold and copper in the world. It is located in Mimika Regency, Central Papua, Indonesia near Puncak Jaya. It is operated by PT Freeport Indonesia (PTFI, ''see below''), a joint venture between the government of Indonesia, government of Papua, and American company Freeport-McMoRan (FCX). FCX operates under a Contract of Work (CoW) agreement with the government of Indonesia, which allows Freeport to conduct exploration, mining and production activities in a area (Block A). It also conducts exploration activities in a area (Block B). At 31 December 2020 Grasberg had proven and probable mineral reserves of 33.4 billion pounds (15.1 million tonnes) of copper, 28.3 million ounces of gold and 130.6 million ounces of silver. Grasberg has five mining operations: Grasberg open pit, Grasberg Block Cave underground mine, Deep Ore Zone underground mine, Deep Mill Level Zone underground mine, and Big Gossan underground mine. The 202 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freeport Indonesia
The Grasberg mine has one of the largest reserves of gold and copper in the world. It is located in Mimika Regency, Central Papua, Indonesia near Puncak Jaya. It is operated by PT Freeport Indonesia (PTFI, ''see below''), a joint venture between the government of Indonesia, government of Papua, and American company Freeport-McMoRan (FCX). FCX operates under a Contract of Work (CoW) agreement with the government of Indonesia, which allows Freeport to conduct exploration, mining and production activities in a area (Block A). It also conducts exploration activities in a area (Block B). At 31 December 2020 Grasberg had proven and probable mineral reserves of 33.4 billion pounds (15.1 million tonnes) of copper, 28.3 million ounces of gold and 130.6 million ounces of silver. Grasberg has five mining operations: Grasberg open pit, Grasberg Block Cave underground mine, Deep Ore Zone underground mine, Deep Mill Level Zone underground mine, and Big Gossan underground mine. The 202 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprises Of Indonesia
In Indonesia, state-owned enterprises ( id, Badan Usaha Milik Negara (BUMN)) play an important role in the national economy. Their roles includes contributor for national economy growth, providing goods or services which are not covered by private company, employment provider, providing support guidance to small and medium businessess, and source of government revenue. The Ministry of State Owned Enterprises represents the government's function as a shareholder of those companies. Aside from SOEs, there are also provincially- or municipally-owned corporations, locally known as ''Badan Usaha Milik Daerah (BUMD)''. The primary difference between BUMNs and BUMDs is the ownership of the enterprise, whereas BUMNs is controlled by Ministry of State Owned Enterprise while BUMDs is directly controlled by local government. BUMDs roles are similar with BUMNs, with heavy emphasis on providing goods or services to the local community. In addition, there are also village-owned enterprises ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sumatra
North Sumatra ( id, Sumatra Utara) is a province of Indonesia located on the northern part of the island of Sumatra. Its capital and largest city is Medan. North Sumatra is Indonesia's fourth most populous province after West Java, East Java and Central Java, and also the most populous in the island of Sumatra. It covers an area of 72,981 km2. According to the 2020 census, the province's population in that year was 14,799,361. The mid-2021 official estimate is 14,936,148. North Sumatra is a multi-ethnic province. The Malay people are regarded as the natives of the east coast of the province, while the west coast of the province is mainly inhabited by the Batak (''Pakpak'', ''Angkola'' and ''Mandailing'' groups). The central highlands region around Lake Toba is predominantly inhabited by another ''Batak'' groups (''Toba'', ''Simalungun'' and ''Karo''). The Nias people are natives to ''Nias Island'' and its surrounding islets. With the opening of tobacco plantations in East S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitsui & Co
is one of the largest ''sogo shosha'' (general trading companies) in Japan; it is part of the Mitsui Group. History The company was established in 1876 with 16 members including the founder, Takashi Masuda. As Japan's international trading was dominated by foreigners since the end of the Edo period, it aimed to expand business owned by Japanese citizens. By the end of World War II, it became a dominant trading giant, but was dissolved by the order of GHQ. The current Mitsui & Co. was established in 1947 as Daiichi Bussan Kaisha, Ltd. (''First Bussan Corporation Ltd''). In 1959, it merged with several other trading companies and changed its name to Mitsui & Co., Ltd. During Japan's period of rapid postwar economic growth, the firm was a key player in several major natural resources projects. In 1971, it took a stake in an offshore gas field near Das Island in Abu Dhabi, which supplies liquefied natural gas to Japan on an exclusive basis; it invested in a major Western Austra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesian Companies Established In 1976
Indonesian is anything of, from, or related to Indonesia, an archipelagic country in Southeast Asia. It may refer to: * Indonesians, citizens of Indonesia ** Native Indonesians, diverse groups of local inhabitants of the archipelago ** Indonesian women, overview of women's history and contemporary situations * Indonesian language (Indonesian: ''Bahasa Indonesia''), the official language of Indonesia ** Indonesian languages, overview of some of the 700 languages spoken in Indonesia ** Indonesian names, customs reflecting the multicultural and polyglot nature of Indonesia * Indonesian culture, a complex of indigenous customs and foreign influences ** Indonesian art, various artistic expressions and artworks in the archipelago ** Indonesian cinema, a struggling and developing industry ** Indonesian literature, literature from Indonesia and Southeast Asia with shared language roots ** Indonesian music, hundreds of forms of traditional and contemporary music ** Indonesian philosophy, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Indonesia
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-ow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tokyo
Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.468 million residents ; the city proper has a population of 13.99 million people. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central coast of Honshu, Japan's largest island. Tokyo serves as Japan's economic center and is the seat of both the Japanese government and the Emperor of Japan. Originally a fishing village named Edo, the city became politically prominent in 1603, when it became the seat of the Tokugawa shogunate. By the mid-18th century, Edo was one of the most populous cities in the world with a population of over one million people. Following the Meiji Restoration of 1868, the imperial capital in Kyoto was moved to Edo, which was renamed "Tokyo" (). Tokyo was devastate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Toba
Lake Toba ( id, Danau Toba) ( Toba Batak: ᯖᯀᯬ ᯖᯬᯅ; romanized: ''Tao Toba'') is a large natural lake in North Sumatra, Indonesia, occupying the caldera of a supervolcano. The lake is located in the middle of the northern part of the island of Sumatra, with a surface elevation of about , the lake stretches from to . The lake is about long, wide, and up to deep. It is the largest lake in Indonesia and the largest volcanic lake in the world. Toba Caldera is one of twenty Geoparks in Indonesia, and was recognised in July 2020 as one of the UNESCO Global Geoparks. Lake Toba is the site of a supervolcanic eruption estimated at VEI 8 that occurred 69,000 to 77,000 years ago, representing a climate-changing event. Recent advances in dating methods suggest a more accurate identification of 74,000 years ago as the date. It is the largest-known explosive eruption on Earth in the last 25 million years. According to the Toba catastrophe theory, it had global consequences f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dutch East Indies
The Dutch East Indies, also known as the Netherlands East Indies ( nl, Nederlands(ch)-Indië; ), was a Dutch colony consisting of what is now Indonesia. It was formed from the nationalised trading posts of the Dutch East India Company, which came under the administration of the Dutch government in 1800. During the 19th century, the Dutch possessions and hegemony expanded, reaching the greatest territorial extent in the early 20th century. The Dutch East Indies was one of the most valuable colonies under European rule, and contributed to Dutch global prominence in spice and cash crop trade in the 19th to early 20th centuries. The colonial social order was based on rigid racial and social structures with a Dutch elite living separate from but linked to their native subjects. The term ''Indonesia'' came into use for the geographical location after 1880. In the early 20th century, local intellectuals began developing the concept of Indonesia as a nation state, and set the stage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_(cropped).jpg "Click for more on -> Freeport Indonesia")
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