Why F1’s Toto Wolff Says Losing Is a Good Thing. As CEO, co-owner and team principal of the Mercedes-AMG F1 team, Toto Wolff commands a billion-dollar enterprise that had an unbelievable run of success – until now. But Wolff says losing is a good thing.
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PT United Tractors is in “full throttle” for new metals and renewable assets as the Indonesian company aims to cut its reliance on coal to half the total income by 2030.
The unit of the nation’s biggest carmaker PT Astra International is actively looking to purchase a nickel mine in Indonesia, a gold mine of at least 2 million ounces of reserves and a copper asset in either Australia or Canada, President Director Frans Kesuma said in an interview in Jakarta. United Tractors currently earns 75% of its total revenue from coal mining and services.
United Tractors Seeks Gold, Nickel in Move to Halve Coal Revenue – Bloomberg
