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Loopholes allow multilateral development banks to fund captive coal in Indonesia: ReportThis loan was used to pay off the company’s debts and to build the first phase of HJF’s nickel smelter on Obi Island, which will be powered by six captive coal units of 150 MW each.
Indonesia is richly endowed with nickel, but refining this ... The verdant slopes of Obilatu island, just west of Obira, were once typical of the entire Obi Islands cluster. But such unblemished ...
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