Can Indonesia’s next president Prabowo deliver on his big promises?

Prabowo Subianto, Indonesia’s presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. Prabowo declared victory in Wednesday’s presidential vote, citing independent pollsters, putting him on course to lead Southeast Asia’s largest economy after two failed attempts.  Bloomberg | Bloomberg | Getty Images JAKARTA — Indonesia’s Defense Minister … Read more

Why there is a new global race to the moon

Japan recently became the fifth nation to successfully complete a soft landing on the moon’s surface, joining a select few countries — the U.S., Russia, China and India — in accomplishing this feat. But moon landings are likely to become more common over the next few years. Globally, more than 100 lunar missions, both by … Read more

Saudi Arabia nearly doubles estimate for the value of its mineral resources

Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers told CNBC. Estimates for the kingdom’s untapped mineral reserves have jumped from $1.3 trillion in a 2016 forecast to $2.5 trillion, according to Saudi Mineral Resources … Read more

Norway poised to open vast ocean area to controversial deep-sea mining

Activists take part at a “Look Down action” rally to stop deep sea mining outside the European Parliament in Brussels on March 6, 2023. (Photo by Kenzo TRIBOUILLARD / AFP) (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Images Norway is poised to become one of the first countries in … Read more

How Rio Tinto is poised to benefit from the EV boom

Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a major component of electric vehicles, is expected to grow from 25 million metric tons to nearly 49 million metric tons by 2035, according to S&P … Read more

Indonesia could be the ‘gateway’ to EV investments in ASEAN

Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty Images Indonesia’s EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia’s automotive industry more … Read more