#Indonesia estimates the value of a 10.64 percent stake in the local unit of miner #Freeport #McMoRan Inc at about $630 million and has asked the #US-based parent to revise its offer, a mining ministry spokesman said on Tuesday.
Read more at: http://www.reuters.com/article/freeport-indonesia-idUSJ9N16U01E
#Chinese investment in #Indonesia jumped five-fold in the first quarter, highlighting the importance of the country to the growth prospects of #SouthEastAsia’s largest economy.
Read more at: http://www.thestar.com.my/business/business-news/2016/04/26/china-investment-in-indonesia-surges/
As the automotive industry pushes for a greener tomorrow, automakers will have to work with the rising cost of #Lithium. The price of the chemical element — otherwise known as #LithiumCarbonate, which is used in pure electric and hybrid battery packs — has risen to $23,000 (#US) a ton in the past few weeks, and experts believe with more demand, that price will continue to climb.
If Tesla is able to fill all of its Model 3 orders, there could be a future shortage of lithium, which is already in short supply and controlled by only a few countries: #Australia, #China, #Argentina, #Bolivia and #Chile.
Read more at: http://www.thestar.com/autos/2016/04/21/will-the-price-of-lithium-continue-to-climb.html
A potential sale of #Newmont Mining Corp.’s #Indonesian assets to a group of private investors could include a stake that the government has so far snubbed, according to the biggest #US #Gold miner.
Read more at: http://www.bloomberg.com/news/articles/2016-04-21/newmont-hoping-to-sell-entire-indonesia-stake-to-private-group
Designed at the University of #California, #Irvine, the #Battery is made up of #Gold #Nanowires coated in a manganese dioxide shell, and set in an electrolyte made of a Plexiglas-like gel.
By coating the nanowires in both a shell and the gel, the US researchers managed to prevent the nanowires from growing brittle.
Read more at: http://www.telegraph.co.uk/technology/2016/04/21/researchers-create-an-infinite-battery-that-will-never-die/
#Indonesia has been listed as one of the world’s top 10 manufacturers by the #UnitedNations Industrial Development Organization (#UNIDO).
#Jakarta (#ANTARA News) – PT Aneka Tambang (#Antam) has invited two #German companies – #Cronimet Holding GmBh and #Ferrostaal Industrial Project GmBh – to cooperate in the development of metal productions in #Pomalaa, #Sulawesi.
Read more at: http://www.antaranews.com/en/news/104299/antam-cooperates-with-german-companies-to-develop-pomalaa-production
The #European #Aircraft maker #Airbus received the first two production models of the LEAP-1A engine for the next-generation Airbus A320neo passenger jet on April 2. The delivery is a milestone both for Airbus and #CFM International, the 50/50 joint venture between #GE Aviation and #France’s Snecma (#Safran) that developed them.
Read more at: http://www.gereports.com/airbus-gets-1st-production-jet-engines-with-3d-printed-parts-from-cfm/
#Canada is facing the threat of another major trade showdown with the #UnitedStates – this time, over #Aluminum.
The United Steelworkers has asked the #Obama administration to slap an emergency 50-per-cent tariff on all imports of aluminum, invoking a rarely used and controversial #US trade law.
#Australia is at the dawn of a battery storage revolution. A recent report from US-based IHS Technology states that Australia’s energy storage market will grow from less than 500 #Battery installations in 2015 to 30,000 installations by 2018, while #MorganStanley has found that half of all households in Australia are interested in installing #SolarPanels with battery storage, with the market potential estimated to be $24bn.
From the #Lithium battery #Tesla #Powerwall unit to the lead acid gel battery of All Grid Energy’s Grid Watt system, the Australian market seems to be welcoming one battery innovation after another.
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