The global insolation map has three notable patches: one in western Australia, another in the south-western US, and the last stretching from Algeria across North Africa all the way to Saudi Arabia. It is in these regions where the most sun hits the ground, creating the greatest potential for solar energy. The large swatch in the Middle East and...
Long a stalwart of Indonesia’s economic development, particularly in terms of exports, the country’s mining and quarrying industry maintains a steady presence despite fluctuations in both global commodity prices and domestic mining policies. Claiming some of the world’s most expansive reserves of valuable minerals and largest operational mines, the...
Endowed with substantial energy reserves spread across its vast territory, Indonesia has been among the region’s largest producers and exporters of fossil fuels for decades. While this trend shows little sign of changing, the sector is in the midst of a dramatic shift in the composition of its resources. With crude production in decline, natural gas...
Much of the attention in the mining sector in late 2012 had been on Oyu Tolgoi, where production of copper and gold was imminent but the focus was instead on the controversy over how the government and its partners would split the revenue. Meanwhile, developments at Tavan Tolgoi (TT), the other flagship mining project in Mongolia, were ongoing at a...
Though Mongolia’s mining industry is still relatively young and new factors may change the calculus, for now its fortunes are expected to rise and fall with China, which is the primary buyer for the country’s mining output and highly likely to continue in that role.
autumn session that year, a group of legislators called on the government to seek a renegotiation of the OT deal. At issue was the point at which the government has the right to increase its stake in the mine from 34% to 51%. According to the initial agreement, Mongolia can boost its stake to 51% once Rio Tinto has recovered the costs of developing it, or after 30 years....
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