Latest Indonesia News

Heavy Rare Earths Limited (ASX:HRE) is set to kick off its maiden drilling campaign at the South Ridge tin project in Prospect Hill, South Australia, following environmental approvals and cultural heritage clearances. The ~2,500m program aims to define a maiden resource against a backdrop of surging global tin prices and recent weather-related delays.

Ovanti Limited has raised $5.27 million through a discounted placement, aiming to accelerate its global Buy Now Pay Later platform and Super App development with AI integration and merchant expansion.

Tivan Limited has reported significant high-grade copper, gold, and cobalt assay results from surface sampling at its Baucau and Ossu Projects in Timor-Leste, reinforcing the projects’ exploration potential and setting the stage for expanded field activities.

Xamble Group Limited is set to complete its acquisition of a majority stake in YouthsToday, expanding its influencer marketing platform across Southeast Asia and initiating an AI-driven transformation to enhance profitability and efficiency.

Cue Energy Resources Limited’s Independent Board Committee has unanimously advised shareholders to reject Horizon Oil Limited’s off-market takeover offer, citing undervaluation and significant risks. Shareholders are urged to take no action in response to the offer.

PT Aneka Tambang Tbk (ANTAM) reported a historic financial year in 2025, with revenue up 22% and net profit more than doubling to Rp7.92 trillion, driven by strong domestic demand and operational efficiency. The company also navigates evolving Indonesian mining regulations and ongoing legal challenges as it invests in downstream nickel projects.

SportsHero Limited has secured a major content deal with Playades, adding over 400 popular mobile games to its HeroPlay platform and boosting subscriber growth in Southeast Asia ahead of the FIFA World Cup 2026.

iCandy Interactive confirms its removal from the ASX on 1 April 2026, shifting focus to a potential NYSE American listing for its key asset, Lemon Sky Studios.

Firebrick Pharma has secured its first regulatory approval for Nasodine Nasal Spray in Indonesia, paving the way for entry into Southeast Asia’s largest market. This milestone marks a significant step in the company’s international expansion strategy.

Ovanti Limited has secured $711,200 through a discounted share placement to professional investors, aiming to support its global operations and expansion into the US buy now, pay later market.

Triangle Energy has secured joint funding with Tetragon and Winchester Energy to undertake a strategic exploration study in Indonesia, potentially paving the way for a new production sharing contract.

Winchester Limited has partnered with Triangle Energy and Tetragon Energy in a joint study for offshore Indonesian oil and gas exploration, securing an option to acquire a 24.5% interest in any awarded Petroleum Sharing Contract.