Five years ago, Prabowo Subianto, then minister of defence, and Luhut Binsar Pandjaitan (then coordinating minister of maritime and investment affairs) met to discuss rare-earth mining investments. Yesterday, Prabowo, as president, announced the establishment of a new agency dedicated to the development of rare earth elements (RREs) and radioactive materials called Badan Industri Mineral (BIM)/Mineral Industry Agency. To subscribe please click here
