Indonesia's Attorney General's Office has seized assets worth IDR 338.36 billion (USD 19.1 million) and named five suspects in an alleged corruption case involving a bauxite mining permit in West Kalimantan. Indonesia's Attorney General's Office (AGO) has seized IDR 338.36 billion (USD 19.1...
CREA estimates that Chinese investment in Indonesia's aluminium industry currently stands at between USD 5.5 billion and USD 6 billion, and forecasts that figure could rise to USD 30 billion by 2030. China currently produces around 60 per cent of the world's aluminium. Chinese companies began...
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The planned renewable energy-sourced aluminium smelter of PT Adaro Minerals Indonesia Tbk (ADMR) in Green Industrial Park Indonesia, North Kalimantan, is anticipated to be functional in Q2 2025 with a total investment of US$2 billion. Totok Azhariyanto, the Director at Adaro Minerals, said, "...
Shandong Nanshan Aluminium, a China-based aluminium product manufacturer and distributor, is planning to build an electrolytic aluminium factory at its production base in the Galang Batang Special Economic Zone, Indonesia, with an investment of $878 million (RMB 6.07 billion). Electrolytic...
On April 20, 2023, a Chinese industry expert advised that China, the largest aluminium producer globally, needs to enhance local bauxite mining to reduce its growing dependency on imported resources. Meng Jie, a Deputy Secretary General of the aluminium branch at the China Nonferrous Metals...
Indonesia's energy and mineral resources industry (ESDM) has assured that the four existing alumina refineries could engross Indonesia's bauxite production when the bauxite export restriction goes into effect in June 2023. An ESDM ministerial staff for mineral and coal management acceleration said,...
Riad is the founder and CEO of Progesys, responsible for providing leadership and managing the growth of the company. He has over 23 years of experience in project management and executive leadership throughout North America and abroad. He started his career in the aluminium industry in Canada and...
Tianshan Aluminium Group, China’s second-largest aluminium producer by capacity, will reportedly invest US$1.6 billion to build an alumina refinery in the Riau Islands, Indonesia. Since Indonesia is rich in bauxite and coal and has low labour costs, building a plant here can improve Tianshan’s...
Aluminium Stewardship Initiative awards PT Inalum (Persero) the Performance Standard certificate or ASI V3(2022) for its aluminium smelters in Batu Bara Regency, Kuala Tanjung and North Sumatra province, Indonesia. M Jufri, the Public Relations officer at Inalum, exclaimed that the ASI...
The Joko Widodo lead Indonesian government affirms that bauxite export would be prohibited from June this year. It is prepared to cope with the repercussions, including handling World Trade Organization (WTO) concerns from other nations. Bara Krishna Hasibuan, the Indonesian Trade Ministry's...
The global aluminium industry in February 2023 witnessed some important announcements. The Russia-Ukraine geopolitical crisis marked one year in February 2023, which resulted in the White House pushing the Russian economy with new sanctions. The United States imposed a 200 per cent tariff on...
The Indonesian company engaged in the activity of bauxite mining PT Cita Mineral Investindo Tbk. (CITA) delivered guarantees to associated companies PT Kalimantan Aluminum Industry (KAI) and PT Kaltara Power Indonesia (KPI) worth US$249.5 million (IDR 3.8 trillion). In the information disclosure on...
The Chinese aluminium producer Tianshan Aluminium Group, located in Shihezi, a sub-prefecture-level city in Northern Xinjiang, announced its plan to procure three bauxite mines in Indonesia for USD$30.3 million. On February 23, 2023, the Chinese company engaged in comprehensive aluminium production...
On Monday, February 6, Bahlil Lahadalia, Indonesia's investment minister, stated that the Indonesian government would continue to prioritise downstreaming the sectors of 21 commodities to draw a total investment of US$545.3 billion by 2040. Bauxite, coal, nickel, tin, copper, steel, gold, silver,...
The Indonesian leader of coal-related operations, Adaro Energy, is toiling hard to collect enough funding for the actualisation of its US$2 billion aluminium project since environmentalists worldwide have started to accuse the firm and its partner, Hyundai of “greenwashing”. The Indonesian...
The year 2023 started with a lot of hope keeping behind the fear of the pandemic and with an anticipation that the geopolitical crisis will conclude; however, it seems challenging to happen soon. In January 2023, the aluminium industry witnessed a lot of events, out of which the most difficult was...
Aluminium Stewardship Initiative has awarded PT Indonesia Asahan Aluminium (INALUM) Persero the Performance Standard V3 (2022) Certification for the smelting plant at Kuala Tanjung, Indonesia. Asahan Aluminium (INALUM) Persero is the first company to have received the updated Performance Standard...
In the last days of 2022, the President of Indonesia finally announced that from July 2023, the largest country in Southeast Asia would prohibit exporting bauxite as it intensifies its protectionist policy to foster sophisticated domestic manufacturing. On January 18, 2023, Bahlil Lahadalia, the...
According to China customs data, the country imported 11.79 million tonnes of bauxite in November 2022, which recorded a month-on-month hike of 31.29 per cent from 8.98 million tonnes and a year-on-year surge of 53 per cent. From January to November 2022, China’s total bauxite imports amounted to...
Indonesia Aluminium Alloy (IAA), being a subsidiary of PT Inalum, is unquestionably beneficial for better market access and raw material utilization. This was said during the soft commissioning event at the PT IAA recycling plant by Hendi Prio Santoso, the managing director of Mind ID. On this...
