Indian Metals and Ferro Alloys Files $560 Million Claim against Indonesia

Jakarta: Indian Metals and Ferro Alloys Ltd has filed a nearly $600 million claim against Indonesia in international court, alleging that overlapping mining permits have disrupted its operations, a government official said. The Permanent Court of Arbitration will hold a hearing on the case in Singapore on December 6, said Heriyanto, director for legal affairs at Indonesia's mining ministry. "We are being sued for 7.7 trillion rupia...