BUMN Has Rare Earth Mining License in Mamuju

PT Perusahaan Mineral Nasional (Perminas) secures rare earth exploration license in Mamuju, Sulawesi Barat.

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BUMN Has Rare Earth Mining License in Mamuju

PT Perusahaan Mineral Nasional (Perminas) secures rare earth exploration license in Mamuju, Sulawesi Barat.

In brief

PT Perusahaan Mineral Nasional (Perminas) secures rare earth exploration license in Mamuju, Sulawesi Barat. Perminas has rare earth exploration license in Mamuju, Sulawesi Barat, covering 200 hectares across two blocks. Originally reported by CNBC Indonesia.

Perminas Secures Rare Earth Exploration License

PT Perusahaan Mineral Nasional (Perminas) obtained an exploration license for rare earth minerals from the Ministry of Energy and Mineral Resources (ESDM).

Exploration License Covers 200 Hectares

The license spans two blocks totaling 200 hectares in Mamuju, Sulawesi Barat, with exploration activities underway.

Exploration Progress in Mamuju

Drilling activities have reached 72 points, covering 10% of the 200-point target in Mamuju.

Rare Earth Deposit Characteristics

The Mamuju deposit features ion-adsorption clay, similar to deposits in Bayan Obo, Myanmar, and Caldeira Brazil.

The bottom line

Perminas has rare earth exploration license in Mamuju, Sulawesi Barat, covering 200 hectares across two blocks.

Read the original on CNBC Indonesia

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