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News Norges Bank places Semen Tonasa under observation for risk of damage to cave art

Norges Bank places Semen Tonasa under observation for risk of damage to cave art

Written by Global Cement staff 26 May 2023
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Indonesia: Norway-based Norges Bank has placed Semen Tonasa under observation for risk of damage to art in Leang Leang Maros Prehistoric Park in South Sulawesi. Reuters has reported that the cement producer has no monitoring system in place for its limestone mining operations near to the designated UNESCO Global Geopark. Vibrations and dust reportedly present a danger to the 44,000yr-old works of art at the site. Norges Bank holds a 1.6% stake in Semen Tonasa's parent company Semen Indonesia.

Norges Bank said "The background for the decision is the unacceptable risk of damage to prehistoric and irreplaceable culture heritage."

Last modified on 31 May 2023
Published in Global Cement News
Tagged under
  • Indonesia
  • Norges Bank
  • Government
  • corporate social responsibility
  • history
  • UNESCO
  • culture
  • vibrations
  • Dust
  • Semen Indonesia
  • Semen Tonasa
  • Limestone
  • Mining
  • GCW610
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