A fundamental choice for Critical Minerals development: "Fascism or radical democracy?"

The global demand for critical minerals like lithium and copper is surging, but how we attempt to quickly extract them, argues Katherine Teh , Executive Chairman of Spektrum Development , presents a fundamental choice: embrace authoritarian tactics that disregard communities or pursue transparent, consent-based development. In this pivotal moment, the stakes are high-ranging, from environmental destruction to lost economic potential. Which path should be chosen? Katherine Teh of Spektrum Development addressing the 2024 ACFID Conference WE ARE AT a crossroads in the energy transition. The gap between what the mining industry promises and what it delivers has been widening, creating not only delays but the potential for significant socio-economic and environmental risks. As the demand for critical minerals like copper, graphite, and lithium increases, we’re facing mounting challenges in securing these resources quickly enough to support the transition to renewable energy. The Problem...

Australian to invest $1 billion in Indonesia

Six Australian mining companies planned to invest at least $1 billion in Indonesia this year, an Australian government official has told Indonesian media. "This year, six big Australian mining companies will invest at least $1 billion compared with some $200 million last year," Australia's Senior Trade Commissioner for Indonesia, Rod Morehouse, told a press conference in Jakarta.

However, Morehouse declined to name the companies as the information is still confidential.

Australian Ambassador to Indonesia, Bill Farmer, said his country is looking forward to increasing investment in Indonesian mining sector. "And, they can provide real benefits, especially in key areas like environmentally sustainable mining," he said.

He said Australian mining companies will help increase capacity building for Indonesian employees in various programs. "Recently, we conducted a training program of mining capacity building in Kalimantan Island," he said, adding that safety is the top priority of Australian companies.