Indonesian tycoon, Kiki Barki and his coal mining company, Harum Energy (HRUM) acquired 3.22% Australian miner, Nickel Mines Ltd., to diversified the company’ businesses. The value reaches A$34.26 million (US$23.47 million).

Recently, Nickel mines raises its ownership in Indonesian Hengjaya Nickel and the Ranger Nickel projects from 60 to 80% for A$231 million. The company said, these decisions have been made in consultation with its partner, China’ Shanghai Decent Investment Group Co. Ltd., and associates, which currently holds the other 40% interests in both projects.