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...

Cokal reassures market its Indonesian assets are held in accordance with laws

Australian-listed metallurgical coal group Cokal Limited (ASX:CKA) has publicly confirmed that it holds a majority direct ownership and has operational control in its five Indonesian projects.

“Cokal is a direct shareholder, via its fully owned Singapore subsidiaries, in all five Indonesian companies who hold the Indonesian exploration tenements. The 2009 Indonesian Mining Law provides for up to 100% foreign ownership of the new Indonesian mining tenements, IUPs, by way of a formal process of application and approval.

“By establishing Cokal’s direct ownership and control in the underlying exploration tenure, along with having received subsequent confirmation on Cokal’s tenure from the Indonesian Government, it is believed that Cokal is placed in the strongest possible ownership position,” the company stated.