Latest Indonesia News

BPH Global has marked a milestone with A$3.33 million in seaweed sales over its first year, boosted by a new coastal lease and research partnerships, while initiating direct exports to China to broaden market reach.

Echelon Resources has finalised its divestment of Cue Energy shares, boosting cash and cutting debt, while progressing key drilling and gas supply agreements.

SportsHero maintained steady subscriber growth while shifting towards higher-margin subscriptions in Q4 FY2026, boosted by a successful football campaign and a key telco partnership expansion.

Range International’s Indonesian arm achieved a record 35% gross margin in Q2 2026 despite export headwinds and economic uncertainty. The company expanded its rental pallet fleet and secured new funding to support growth.

OpenLearning Limited posted a record $3.27 million in SaaS annual recurring revenue and its highest quarterly cash receipts of $1.653 million, driven by new multi-year contracts in the Philippines and Malaysia and launches of AI-driven student recruitment and employability platforms.

Far East Gold has boosted its stake in the Idenburg Gold Project to 51%, revealing a 44% increase in inferred gold resources to 780,000 ounces. The company’s Independent Board Committee advises shareholders to reject an unsolicited takeover bid from Xingye Gold, which an expert deems undervalues the company.

SportsHero Limited has broadened its partnership with XLSMART, Indonesia’s third largest telco, to include full marketing support for its HeroPlay mobile gaming platform, targeting a subscriber base of 73 million and kicking off revenue in the September quarter.

NOVONIX has hit a critical milestone by delivering a synthetic graphite anode sample to Panasonic, supporting a planned production start in late 2027. The company secured A$21.66 million in fresh capital to fund production readiness, while navigating an evolving US trade and policy landscape aimed at boosting domestic battery materials.

Nickel Industries delivered a record US$45.7 million Adjusted EBITDA from its Hengjaya Mine, launched first mixed hydroxide precipitate production at its ENC HPAL project, and secured major HPAL asset acquisitions, positioning itself for growth across the nickel value chain.

ReNerve Limited delivered its strongest sales quarter ever with $211,000 in revenue, boosted by new distribution deals in Asia-Pacific and a $5 million funding facility to underpin growth.

Cue Energy Resources posted a solid quarter with a 16% production rise and $13.6 million cash receipts, backed by new drilling and a refreshed board after Horizon Oil's takeover.

Horizon Oil achieved record production and sales in FY26, driven by its Thailand assets, and completed the off-market takeover of Cue Energy, expanding its footprint across five countries.