The boss of Freeport is reluctant to build a new smelter, this is the ESDM Ministry’s response

ILLUSTRATION. Freeport Indonesia’s underground copper mining tunnel in Grasberg Papua

Reporter: Ridwan Nanda Mulyana | Editor: I knew Laoli

KONTAN.CO.ID – JAKARTA. Freeport has again evaded its obligation to build a new copper smelter in accordance with the Mineral and Coal Law (Minerba Law) and the Special Mining Business Permit (IUPK) agreement it received in December 2018.

After PT Freeport Indonesia (PTFI) President Director Tony Wenas touted that the construction of the new copper smelter was a loss project and wanted the completion schedule to be postponed for a year to 2024, now it is the turn of Freeport McMoran (FCX) Chief Executive Officer Richard Adkerson to express his reluctance to build. new smelters.

Adkerson said that instead of building a new smelter, his party offered another alternative. FCX, which holds 49% of PTFI shares, proposed an option to expand the existing copper smelter, namely PT Smelting in Gresik and add a precious metal factory in it.

“As an alternative, instead of building a new smelter (it is better) to expand the capacity of the existing smelter and add to the precious metal factory,” Richard said in a conference call in the third quarter of Freeport McMoran, quoted on Tuesday (27/10).

Also Read: The CEO of Freeport McMoran (FCX) is reluctant to build a new smelter, what is the reason?

Responding to Freeport’s wish, the Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources Ridwan Djamaluddin emphasized that until now, the government’s position has remained the same. Namely, demanding that Freeport build a new smelter as required by the Minerba Law and the agreement in the IUPK.

“That’s right (still building a new smelter in accordance with the Minerba and IUPK Law). That’s the response,” Ridwan said when contacted by, Tuesday (27/10).

Ridwan also revealed information about the impact if Freeport built a new smelter, and if it didn’t. There are several aspects of revenue and value added contributions that are compared to the construction of this Freeport copper smelter.

This assumption is based on the smelter capacity of 300,000 tonnes of cathode absorbed by the domestic plus a 10% growth in consumption per year. This calculation is also based on projected revenues for the 17 years of operation

Also Read: This is Freeport’s response regarding the former Wabu Block gold mine which will be managed by Mind Id

Ridwan informed that in terms of total mining revenues, if the smelter does not build, the total will be US $ 24.80 billion. If a smelter is built, it will decrease to US $ 21.20 billion.

Likewise, total state revenue from the upstream side will drop to US $ 43.70 billion when the smelter is built. If we don’t build a smelter, the total upstream state revenue is projected to be US $ 46 billion.

DONATION, Get Free Vouchers!

Your support will increase our enthusiasm to present quality and useful articles.

As an expression of gratitude for your attention, there are free vouchers worth donations that can be used shopping at HAPPY STORE.


Green light to first private renewable energy auction | Economy

The country continues with firm and concrete steps in its intention to give greater participation to the energy that comes from non-conventional renewable sources in the National Interconnected System (SIN).

(Lea: With 294 projects, Colombia transitions to clean energy)

The reason, next Wednesday, November 4, will be the first private auction for the commercialization of renewable electricity, the first of its kind in Latin America.

(Lea: With the help of IDB Invest, remote areas will be electrified)

The contest will be developed by the RenoVatio company, which was one of the great players in the last public auction carried out by the government, and which with this market mechanism seeks to stimulate the entry of clean energy into the electricity matrix.

(Lea: Creg frees transmission lines for more renewable energies)

“This auction is needed by the electricity market to develop renewable energies in the country, and for these wind and solar plants to operate without problems,” stressed Francisco Sanclemente, general manager of RenoVatio.

The senior executive explained that last year, the government held the tender for long-term contracts with success, however it did not announce new auctions. “The Executive hopes that the private sector is the one that took the initiative to organize this type of process, for this reason we are encouraged to be the first to launch this private auction,” he stressed.

For his part, Germán Corredor, executive director of the Renewable Energy Association (SER Colombia), pointed out that “the company RenoVatio has launched an interesting initiative to buy energy from non-conventional renewable sources destined for the non-regulated market.”

The union leader stressed that “this is the first auction of this type, characterized by its flexibility since the bidders are in charge of defining delivery times, which can be long enough. This mechanism can be used for projects to place surplus energy that they have not sold in auctions or in other contracting mechanisms ”.

The energy that RenoVatio goes out to buy could be equivalent to about 10 or 12 solar projects of 10 megawatts (Mw).

It should be remembered that in the country there are seven projects in operation or close to starting it. These are located in Cesar (El Paso), Valle (Celsia Solar Yumbo), Bolívar (Celsia Solar Bolívar and Bayunca I), Meta (Bosques Solares 1), Córdoba (Pétalo de Córdoba I) and Tolima (Celsia Solar Espinal).

“The projects that won the government auction must come into operation in 2022. The prices awarded in these initiatives can be 30% cheaper than today’s average prices. The goal with the private auction is to double the number of solar projects that exist in Colombia, ”Sanclemente stressed.

He also explained that “those interested in the auction will be the ones who sell us the energy that they will generate, because they are the projects that come to be developed such as wind and solar plants. Most of those developers are foreigners ”.

This private auction for the commercialization of renewable electricity, for being the first, will not significantly influence prices.

Both for the aforementioned union and for the RenoVatio spokesperson, renewable energies in Colombia do not start operations with the speed demanded by the market.

“One of the answers is that there are many projects with great difficulties in finding a marketer that will buy their energy in the long term.

To finance, banks need to be at least 12 to 15 years old. With long-term contracts and certainty of flows over very long periods of time, they manage to ensure that the debt is paid, ”said Sanclemente.

He stressed that in Colombia long-term contracts are not signed: they are only for four to five years. “We hope that there will be a benefit represented in the price of the energy that they are going to offer us in the long term,” he said.

It should be remembered that in February 2019 the first auction of long-term contracts for the inclusion of renewables in the electricity generation matrix failed.
However, months later, in October, the Executive relaunched it, and left good results. 62% of the wind projects in La Guajira that came out of this public tender were developed by RenoVatio.

Alfonso Lopez Suarez
Portfolio Drafting


Humanity consumed more energy in the last 70 years than in the previous 12,000 – Environment – Life

Humanity has consumed more energy in the last 70 years than in the previous 12,000 years, which has brought about severe changes in the Earth system and even the beginning of a new geological era, according to a report released Wednesday.

An international group of scientists, including the paleontologist of the FU Reinhold Leinfelder, They reached this conclusion by analyzing the energy consumption of humanity in recent millennia using geological measurement values ​​to determine the evolution of the so-called ecological footprint.

(You may be interested in: Viral Science wins Merck Foundation’s ‘Stay at Home’ award).

The experts observed a “radical change” from the 50s of the last century with “the exponential growth of energy consumption, the development of economic productivity and the vertiginous increase of the population” that have jointly left “many geological traces “According to the study reported today by the Free University of Berlin (FU).

(Further: If the Earth consumed like Colombia, there would be no resources).

The international team reinforces the long-debated assumption that humanity has entered into a new geological era; Thus, the Holocene would have given way in 1950 to the so-called Anthropocene.

According to scientists’ calculations, humanity’s energy consumption in the last 70 years amounted to × 22 zettajoules, compared to only × 14.6 zettajoules in the period between the end of the last Ice Age (11,700 years ago) and 1950 .

The considerable growth in recent decades has been driven mainly by the use of fossil fuels, which produces constant changes on the planet.

Human activity on the planet and climate change

Experts, including many members of the Anthropocene Working Group of the International Union of Geological Sciences, stress that accelerated climate change is an undeniable consequence of this evolution and the cause of many other severe changes in the future.

The results of their analyzes also show that human beings exert an ever-increasing influence on the planet. According to Leinfelder, the study, appeared in the journal “Communications Earth and Environment“, a relatively recent publication of the group Nature Research, shows “how everything is related to everything in the Anthropocene.

“We must hope that humanity learns to consider itself a part of the Earth system, which must remain operational and vital as a whole. We human beings as a collective have gotten into this mess. We must cooperate to get out of it again. him, “he warned.

For Colin Summerhayes, a geologist at the University of Cambridge, the study results make it extremely difficult for those who want to sow doubts to undermine the scientific data that point to global warming and other problems derived from “the immense influence of human activity.”

The scientist maintains that “science is univocal” and that “it is no longer possible to intelligently explain that human beings are not responsible for global warming that has been going on since 1950.”

The “Earth system models suggest that we have delayed the next ice age by at least 50,000 years and that we are on the best path to end the glacial-interglacial cycle of the late Quaternary”, recalls Will Steffen, from the University Australian national.

Walking towards the sixth great extinction

“Even if tomorrow all human beings emigrate to another planet, our anthropic influence of the last generations will remain for millennia in the earth’s crust, in fossils and in the planet’s climate,” said John McNeill, of the Georgetown University.

Scientist John Day of the Louisiana State University, recalls that with climate change and the destruction of the environment, humanity is moving towards the sixth great mass extinction in which “significant parts of the Earth are rendered inhospitable to Homo Sapiens by forest fires, hurricanes and intense rainfall.”

(Keep reading: Air pollution killed 500,000 babies in 2019).

The geologist at University of Colorado Boulder and main author of the study, Jaia Syvitski, who has been in charge of collecting the comments of his colleagues in an article for “Springer Nature”, pointed out that for the human being it may seem impossible at first glance to have completely transformed and “unconsciously” the planet.

“When we evaluated our data, I felt like a war reporter,” she added, referring to the work of documenting humanity’s ecological footprint on a planetary level.



Norwegian company will use pyrolysis to make electricity from plastic waste in Indonesia

– To clean up the plastic problem, you must have a technology that gives the plastic value as a raw material. The simplest is power supply. In Indonesia, there are a lot of diesel generators, so we want to turn plastic into synthesis gas that can be used directly in the units, says Henrik Badin, CEO of Vow.


Well-being in body and soul

According to an investigation by the University of the Basque Country (Spain) on the effects of the pandemic, now there is greater uncertainty and concern about suffering from Covid-19 or losing loved ones; a decrease in confidence and optimism, especially in women and in people in poor employment situations; and an increase in irritability, again with a greater impact on women and the unemployed.

If we do not act now, in concert with research with vaccines and treatments, the post-pandemic outlook will be bleak for the mental health of millions of people.

And taking action, obviously, is not prescribing more antidepressants or anxiolytics, or building more psychiatric hospitals. Both actions are necessary to address some consequences; however, the idea is to be proactive and avoid them.

In response to the feeling of anxiety, according to the consulting firm Llorente y Cuenca (LLYC), there has been a rapid and broad change that goes from the “concept of wellness [bienestar], centered on the individual, al by wellbeing [bienestar integral], a more holistic vision that includes different people and sectors of our societies ”.

What does this mean? A call for the participation of the whole society in the benefits of well-being.

Wellbeing is defined as the state of satisfaction and tranquility that a person presents, thanks to their good physical and mental conditions.

“If societies and companies are unable to focus holistically on people’s well-being (including physical, emotional and spiritual health), it will be almost impossible to create safety nets that allow citizens to return to work and be productive ”, They explain from LLYC.

For this reason, I have always opted for wellness programs in all their aspects: emotional, physical, social and financial. This is what happens every November in the event “In Body and Soul”, which this year will be held in an online version, with more universal access, more experts and with the empowering and transforming energy of always.

To keep your balance in difficult times, “you have to grab the bull by the horns” and get going, as a popular saying reflects.

According to the World Health Organization (WHO), the pandemic has disrupted or paralyzed mental health services in 93% of countries. And if, as the WHO itself says, mental health is related to the promotion of well-being, the prevention of mental disorders and treatment, then let’s look for our own tools. Healthy living is much more than curing or protecting yourself from disease.



A penalty for the heaviest SUVs, below the demands of “citizens”

After procrastination, the government will finally introduce a weight penalty for vehicles: a symbolic victory for the citizens of the Climate Convention while the measure will only concern a very small number of the heaviest SUVs.

Among its 149 measures proposed in June, the Citizen’s Climate Convention (CCC) called for the creation of a tax of 10 euros per kilogram for new vehicles over 1,400 kg.

The proposal, which did not have the support of Bercy, had not been retained in the 2021 draft budget presented at the end of September, to the chagrin of environmentalists who had made it one of the proofs of “unraveling” by the government of the proposals. citizens”.

While representatives of the association “The 150” of participants in the CCC were to be received by the Minister of the Economy Bruno Le Maire, Thursday afternoon, the executive finally decided.

“The weight penalty that we are introducing is a strong and necessary signal to take better account of the ecological footprint of the heaviest vehicles,” Minister of Ecological Transition Barbara Pompili announced on Twitter on Thursday morning.

“The heavier vehicle fleet means more materials and energy consumed, more pollution, less available public space,” she said.

According to the ministry, since 2010, the average weight of diesel cars has increased by 7% and that of gasoline by 14%, or about 100 kg per vehicle. This increase has stopped the decline in CO2 emissions from vehicles.

Taxation will therefore be 10 euros per kilogram above 1,800 kg, from 2022.

Even if the measure is below the ambition of the CCC, “it is still going in the right direction”, commented Grégoire Fraty, co-president of the “150”.

“We finally have the impression of winning an arbitration,” he told AFP, as the “citizens” sent a letter to President Emmanuel Macron on Monday to deplore the lack of “clear support” from the government towards their proposals, which the Head of State has undertaken to take back 146 out of 149.

– “Who are you kidding?” –

The government is planning “adjustments” for large families, as well as an “exemption” for electric and hydrogen vehicles.

The air pollution association Respire hailed “good news”, while WWF welcomed “historic government arbitration”.

The NGO, which had published a report last week estimating “incompatible” the “dazzling” growth of the SUV market for ten years with the respect of French commitments to reduce greenhouse gas emissions, has nevertheless regretted that this only concerns a “niche” of the heaviest SUVs, and thus asked the deputies to apply a progressive penalty from 1,300 kg.

According to figures from the ecological transition agency Ademe, only 38,386 cars over 1,800 kg were sold in France in 2019, less than 2% of the total of some 2.2 million.

In the top 10 sales of these SUVs, 4x4s and minivans, particularly CO2 emitters and which can exceed 60,000 euros, were mainly German models and only one French.

“A + strong signal +? (…) Who are you kidding, Barbara Pompili?” Tweeted Clément Sénéchal, of Greenpeace.

If for environmentalists, the measure does not go far enough, for the automobile, it is already considered too disabling.

“It is not by creating new taxes that we will ensure a future for the automotive industry in France,” Luc Chatel, president of the Automotive Platform (PFA), which represents companies in the sector in France, told AFP. .

“We will win the battle for the climate together, not by weakening an industrial and service fabric that weighs nearly a million jobs in our country,” he added.

The association 40 million motorists denounced “an ideological measure which plays into the hands of extremist environmental movements”.

Other controversial measures proposed by the CCC are not resolved, opposing climate advocates and certain sectors that provide a great deal of employment, such as the airline industry and the automobile industry. For example, the eco-tax on air transport.


IAEA: Only 1 Nuclear Bomb, Iran Does Not Have Enough Uranium Page all

ZURICH, – Energy Agency Atom International ( IAEA) said Iran don’t have enough uranium even if only to make one bomb nuclear.

The statement was conveyed by the IAEA to Austrian media, The press, published on Saturday (10/10/2020) on their website.

“Iranians continue to enrich uranium, and at much higher levels than they have promised. And this number is increasing from month to month, “IAEA head Rafael Grossi told The press as reported from Reuters.

Asked about how long Iran needs to build nuclear weapons, Grossi said Iran does not have enough uranium.

Also read: This is Iran’s Reply, After Violently Threatened Trump Dont F … With Us

“We are looking at a significant quantity, the minimum amount of enriched uranium or plutonium needed to make a bomb atom. Iran does not have significant numbers at the moment, “said Grossi.

He added that he did not know exactly when Iran could build it nuclear bomb alone.

Some time ago, mainly western countries United States of America ( AS) worried that Iran will develop nuclear weapons.

Iran continues to deny these allegations and denies ever having a nuclear weapons program.

Also read: Discuss Nuclear Issues, Trump Threatens Iran: Dont F *** With Us

The country claims its nuclear program is purely for a purpose energy.

The latest quarterly IAEA report on Iran, published last month, said the country had 2,105.4 kg of enriched uranium.

This amount is well above the 202.8 kg limit in the 2015 nuclear deal signed by major powers.

However, a fraction of the enriched uranium was in Iran’s possession before the deal.

Also read: China Supports Iran in Nuclear Treaty, Calls for New Forum in Middle East

Iran also only enriched uranium to 4.5 percent which is still far from the level of 20 percent enrichment under the agreement.

Iran’s uranium enrichment level is also still below 90 percent which allows uranium to be used as a nuclear bomb.


Grenergy connects the Quillagua solar park in Chile, its largest project with a power of 103 MW

This photovoltaic plant, with an estimated production of more than 300 gigawatt hours (GWh), will add to the portfolio of 1.5 gigawatts (GW) of its own projects that Grenergy has on its horizon for 2022.

Grenergy connected the Quillagua solar park, located in Tocopilla, its largest project to date with a power of 103 megawatts (MW), the company reported.

The park, located in the middle of the Atacama desert, thus completes the construction and start-up phase and begins its connection to the electricity grid, which will reach its peak power in October.

This photovoltaic plant, with an estimated production of more than 300 gigawatt hours (GWh), will add to the portfolio of 1.5 gigawatts (GW) of its own projects that Grenergy has on its horizon for 2022.

To optimize the solar resource in this area, which provides about 3,000 net hours of solar radiation per year, this park uses bifacial photovoltaic modules that increase its production by up to an additional 15%. It is a technology that captures radiation on both sides to make the most of the surface of the plates.

Chile, a strategic market

Chile is one of Grenergy’s strategic markets, where it has installed its operations center for the Southern Cone and has a pipeline of more than 2 GW in different stages of development.

In addition, it has become one of the main players in the country’s renewables sector, with the connection of more than 30 photovoltaic solar plants, which already exceed 350 MW of capacity on the grid.

The executive president and CEO of Grenergy, David Ruiz de Andrés, considered that this project is “a great advance” in the company’s commitment to independent energy production. “Furthermore, it is further proof that our investment in Chile is decisive, as it is a serious country that is strongly committed to competitive and clean energy,” he said.


At competitive prices, the government is optimistic that the target of 1 million PLTS Roofs will be achieved

ILLUSTRATION. Residential complex for users of the Rooftop Solar Power Plant (PLTS)

Reporter: Dimas Andi | Editor: Anna Suci Perwitasari

KONTAN.CO.ID – JAKARTA. The Ministry of Energy and Mineral Resources (ESDM) is optimistic that the target of one million installations of Rooftop Solar Power Plants (PLTS). This belief is driven by developments in global PV mini-grid prices which are increasingly showing a competitive trend.

The Director General of Electricity at the Ministry of Energy and Mineral Resources, Rida Mulyana, revealed that the National Movement for One Million Solar Roofs (GNSSA) introduced the public to clean and environmentally friendly energy.

“This movement is very supportive of achieving the target of the new and renewable energy mix (EBT) of 23% by 2025,” said Rida in a press release on the Ministry of Energy and Mineral Resources website as quoted by, Saturday (26/9).

Furthermore, Rida said that the existence of GNSSA would grow the domestic goods and services industry related to the procurement of PLTS.

Also Read: Three years of GNSSA, it is hoped that the capacity of PLTS roofs in Indonesia will pass through the gigawatt order

In detail, the Director of Energy Conservation at the Directorate General of New and Renewable Energy and Energy Conservation (Ditjen EBTKE) Hariyanto explained that the Ministry of Energy and Mineral Resources is taking an inventory of roof utilization for roof PLTS installation.

In this case, the inventory of Rooftop PLTS utilization is not only in residential buildings, but also in commercial buildings, such as hotels, hospitals and office buildings, airports, ports and warehouses. “As a result, in the meantime, there is considerable potential that can be applied to rooftop solar,” he said.

In addition, the government is coordinating with a number of related parties so that this movement can be realized immediately.

“Hopefully, if it can be done, it can break the eggs of a million roofs, because what we are designing is 500,000 to 1 million roofs for the first year of planning,” said Hariyanto.

He added that the government is optimistic that the target of 1 million roofs can be realized given the existence of regulations related to the improvement of the use of EBT and quite competitive prices.

DONATION, Get Free Vouchers!

Your support will increase our enthusiasm to present quality and useful articles.

As an expression of gratitude for your attention, there are free vouchers worth donations that can be used shopping at HAPPY STORE.


Carmelo Valencia | The Herald

Due to my work as a commentator on Blu Radio, I have the opportunity to see all the Colombian professional soccer teams many times, not only when they face Junior. This, perhaps, helps me to form an idea closer to the true level of the players. To his current status, and not only to some antecedents, good or bad, or to the impression he caused the day he compared with the Barranquilla team.

Perhaps that is why I referred to Carmelo Valencia, right here, in this heap from where I look at football work, after the announcement of his arrival at Junior at the beginning of this year. “Very veteran and fast forward. Powerful, insistent. Surprisingly evolved the previous semester in defects that syndicated him: little fluidity with the ball and excessive wrong plays in the face of goal ”.

Later I described some of the virtues that he had displayed during the tournament: “He has had a formidable season in Cúcuta with goals, speed, imbalance, correct participation in the team game, physical energy, determination. Did you have any reservations for the Junior? We will know in time ”.

The question, surely, was due to the generalized prejudice that is installed around the players with the age of Valencia. Well, for now it seems that he still has physical and football reserves, and these days he has been the main actor for his goals in the series against América and in the Copa Libertadores in the win against Independiente del Valle. He is doing his part to be the starter. The other part depends on Amaranto Perea.