The Tanjung Jati Power Company in Indonesia will seek financing of up to $1.2 billion in 2026-2027.

Andaru Brahmono Adi, the director of nickel mining company PT Vale Indonesia, said on July 18 that the company plans to seek financing of $1 billion to $1.2 billion in 2026-2027 to fund its mining and smelting plant projects.