Apple supplier Foxconn and Indonesian coal miner PT Indika Energy are considering bringing a third-party partner, a Thai company, into their electric vehicle manufacturing partnership.Arsjad Rasjid, president of Indonesian mining company Indika, told Reuters that the trio could invest in electric vehicles or EV battery production, without specifying the name of the company or any goal of completing the partnership due to ongoing talks. Indika is one of the top coal miners in Indonesia, which is the world s biggest coal exporter.
JAKARTA Indonesia’s four largest banks handed out loans totaling $3.5 billion of direct loans to the coal industry from 2015-2021, despite their stated commitments to sustainable financial practices, a new report shows. The report by a coalition of civil society groups looked at loans made by BNI, BRI and Bank Mandiri, all state-owned lenders, […]
Marubeni is working on projects with Pertamina to reduce carbon emissions through carbon capture and storage (CCS) and carbon capture utilization and storage (CCUS) technologies.