The first phase of PT Adaro Energy Indonesia Tbk's aluminium smelter in North Kalimantan will operate commercially in Q1 2025 with a capacity of 500,000 tonnes. Adaro is Indonesia's second-largest coal miner by production volume and most significant by market capitalization.
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Adaro strives to seize opportunities in the green economic sector, as it has taken several steps to take this opportunity. The Indonesian Green Industrial Estate in North Kalimantan will be the world's most significant green industrial area. Adaro is exploring a green economy by constructing an aluminium smelter in the industrial area of North Kalimantan. The smelter will have a production potential of up to 1.5 million tonnes annually.
Mahardika Putranto H., the GM, Corporate Secretary and ESG Division Head at Adaro Energy, said, “ADRO is currently in the proper position to seize this opportunity. Plus, ADRO also has the ability to streamline its plans."
“ADRO has a strong track record in developing and operating large projects. In addition, ADRO's shareholders and management team are considered to be highly experienced.”
"We are very grateful that we have a strong balance sheet and financial capability that is also supported by experience and knowledge in the mining sector in Indonesia," said Mahardika added.
Commercial operations are expected to begin in the first quarter of 2025, with a capacity of 500,000 tonnes annually.
"The second phase will also be more or less the same as the first phase with a capacity of 500,000 tonnes, and for the third phase later it is planned to use hydropower", explained Mahardika.
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