Indonesian official: The Indonesian Ministry of Trade plans to amend the domestic market obligation rules for palm oil.
On July 29, according to foreign media reports, Bambang Wisnubroto, an Indonesian trade ministry official, said on Monday that it plans to revise the domestic market obligation rules for palm oil, which may change the prices and types of some products sold in the local market. Indonesia currently requires palm oil producers to sell a portion of their production to the domestic market at a set price in order to obtain export licenses. Bambang did not provide further details, but said the ministry...
Bitcoin miner TeraWulf has announced that it has fully met its debt obligations and plans to expand its business. On July 9, the company announced that its last debt payment amount was $77.50 million, including prepaid fees and accrued interest. TeraWulf completed the repayment early and currently has no outstanding debt. TeraWulf said the payment provides it with "maximum financial flexibility" to scale and deploy bitcoin mining, high-performance computing (HPC)...