Merdeka Battery Materials (MBMA), subsidiary of PT Merdeka Copper Gold Tbk (MDKA), co-owned by Garibaldi ‘Boy’ Thohir, Saratoga (Soeryadjaya/Sandiaga Uno), and Provident Capital, will acquire a 60% stake in nickel producer PT Huaneng Metal Industry (HNMI) with a transaction value of US$75 million, equivalent to Rp1.1 trillion. To subscribe please click here
