Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Gold moves in a negative zone before US inflation data

December 18, 2025

China’s Hainan launches separate customs regime allowing tariff-free imports

December 18, 2025

Experts warn Indonesia not to rebuild in disaster-prone zones as Sumatra recovery starts

December 18, 2025
Facebook X (Twitter) Instagram
Thursday, December 18
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Indonesian villagers urge China to stop funding mine project after permit revocation
Asia

Indonesian villagers urge China to stop funding mine project after permit revocation

adminBy adminJune 6, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 85


An Indonesian community in North Sumatra is calling on Beijing to withdraw financial backing for a China-linked zinc and lead mine in the earthquake-prone region after the project lost its environmental permit.

On May 23, Indonesia’s Ministry of Environment and Forestry formally revoked the approval it had granted in 2022 to Dairi Prima Mineral (DPM), an Indonesian joint venture seeking to build an underground mine in the Dairi regency. The move was in line with a Supreme Court ruling ordering the government to cancel the permit last August.

DPM is owned by China Nonferrous Metal Industry’s Foreign Engineering and Construction (CNMC), which holds a 51 per cent stake, and Indonesia’s Bumi Resources Minerals.

One big concern was the building of a tailings dam that, if it collapsed, could flood the villages with toxic waste. Tailings dams are embankments constructed near mines to store mining waste in a liquid or solid form.

A Dairi resident delivers a petition to the Chinese embassy in Jakarta requesting Beijing to withdraw financial support for a proposed lead and zinc mine in the region on May 23. Photo: Monica Siregar
A Dairi resident delivers a petition to the Chinese embassy in Jakarta requesting Beijing to withdraw financial support for a proposed lead and zinc mine in the region on May 23. Photo: Monica Siregar

Rosa Vivien Ratnawati, a secretary general at the ministry, said that the revocation was carried out to comply with last year’s Supreme Court ruling.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Asia

Experts warn Indonesia not to rebuild in disaster-prone zones as Sumatra recovery starts

December 18, 2025
Asia

Hong Kong fire: Indonesian helper ‘was always there’ for others up to the end

December 18, 2025
Asia

Viral 24-carat gold logo find turns old AC units into hot property in South Korea

December 18, 2025
Asia

‘Japan is back’ in Central Asia with new summit on AI, minerals and transport

December 18, 2025
Asia

Bangladeshi politician’s threat targeting India’s northeast deepens row

December 18, 2025
Asia

Southeast Asia follows Australia in tightening social media rules: safety or censorship?

December 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Oil prices jump on Trump’s Venezuela blockade – Markets

December 18, 2025

Dollar holds gains against sterling, yen as central bank decisions loom – Markets

December 18, 2025

Speaker says farmers constitute backbone of national economy – Business & Finance

December 18, 2025

C/A posts USD100m surplus in November – Business & Finance

December 18, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Gold moves in a negative zone before US inflation data
  • China’s Hainan launches separate customs regime allowing tariff-free imports
  • Experts warn Indonesia not to rebuild in disaster-prone zones as Sumatra recovery starts
  • Chinese brokerage CICC announces share swap merger details with Dongxing and Cinda
  • Chinese brokerage CICC announces share swap merger details with Dongxing and Cinda

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Gold moves in a negative zone before US inflation data

December 18, 2025

China’s Hainan launches separate customs regime allowing tariff-free imports

December 18, 2025

Experts warn Indonesia not to rebuild in disaster-prone zones as Sumatra recovery starts

December 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.