PT Alamtri Resources Indonesia Tbk (ADRO), the Jakarta-listed natural resources company, is entering a new stage of growth as its aluminium smelting investments begin to take shape alongside stronger margins from its metallurgical coal business. The outlook has strengthened Sucor Sekuritas' view of...
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...
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The Indonesian state-owned company specialized in aluminium smelting, PT Indonesia Asahan Aluminium, colloquially known as Inalum has budgeted a capital expenditure of $ 318 million for 2021. The investment will be major to finance several downstream projects and increase aluminium production...
PT HK Metals Utama Tbk, Indonesian-based holding company that engaged in the manufacturing and trading business of Aluminum Extrusion-based building and household materials said that in 2021, it will still focus on the company's superior product, namely aluminium extrusion. This is based on the...
The Covid-19 pandemic has taken Indonesia into its first recession in 22 years, following a downfall of 5.32% in the Q2 of 2020. The last time this happened was during the Asian financial crisis in 1998. Indonesia’s export of aluminium stranded wires in 2018-19 stood at 2540 tonnes and the revenue...
On 28 th December, PT Alumina Borneo Indonesia (BAI) commenced the construction of the Smelter Grade Alumina Refinery (SGAR) in Bukit Batu Village, Sungai Kunyit District in Indonesia. The SGAR development plan has been prepared in recent years. This first pole planting for the project was led by...
PT Kayan Hydropower Nusantara (KHN), which will work on the construction of the Mentarang Induk Hydro Power Plant (PLTA) on the Mentarang River, Malinau, North Kalimantan towards the end of 2020, has signed MoU with PT Indonesia Asahan Aluminum (Inalum). Now, both the parties agreed on a joint...
The United States aluminium scrap exports to Indonesia stood at 8,780 tonnes in September 2020, recording a downfall of 34.96 per cent month-on-month, according to the US Geological Survey. In August 2020, the United States exported 13,500 tonnes, which stood up by 33.66 per cent from 10,100 tonnes...
PT Indal Aluminum Industry Tbk (INAI), the manufacturer of extruded aluminium in Indonesia has signed a loan facility worth Rp 200 billion from PT Bank MNC International Tbk (BABP) on December 18. On December 22, based on the disclosure of information, the extruded aluminium company’s management...
Emirates Global Aluminium has signed a series of agreements with PT Indonesia Asahan Aluminium (INALUM) for delivery of technological know-how to upgrade the Indonesian company’s aluminium smelter in North Sumatra. The signing was part of Indonesia UAE Week, which was organised by the two...
PT Indonesia Asahan Aluminum (Persero), INALUM again held a friendly meeting with Aluminum consumers on a virtual platform. The activity is routinely carried out every year, however this time it was slightly different because it is carried on the virtual platform by paying attention to the New...
The Chinese company engaged in alumina refinery project, PT Bintan Alumina Indonesia (BAI), will commence its operations in early 2021 in the Galang Batang Special Economic Zone (KEK), Bintan Regency, Riau Islands. Santoni, President Director of PT BAI stated that currently, BAI is the lone company...
The Covid-19 outbreak has been a tough challenge for most of the businesses. However, PT Djuara Aluminium Nusantara (Djuan), a vital aluminium distributor continues to seek solutions to keep growing amid this crisis and one of the ways out is by increasing partnerships with hundreds of aluminium...
The United States aluminium scrap exports to Indonesia have been incessantly growing over the past three months since June 2020, following a month-on-month plunge in May from 5,620 tonnes to 4,510 tonnes. The US Geological Survey found the United States in August exported 13,500 tonnes of aluminium...
The BUMN mining holding or Mining Industry Indonesia (MIND ID) is still working on several strategic projects even amid the COVID-19 pandemic, one of which is the Smelter Grade Alumina Refinery (SGAR). This project is a collaboration between PT Indonesia Asahan Aluminum (Inalum) and PT Aneka...
During the mid-2019, PT Borneo Alumina Indonesia (PT BAI) created a consortium, formed of three companies, for the Project Management Consultancy (PMC) towards the development and execution of a One Million Tonne Per Annum (MTPA) smelter grade alumina refinery project and a 2×40,000 normal cubic...
PT Indal Aluminum Industry Tbk. (INAI), an aluminium extrusion producer has stated that this year it will expand the supporting product segment and continue to count on a more potential export market. Alim Prakasa, Executive Managing Director, INAI, said: “In running the aluminium industry, the...
PT HK Metals Utama Tbk (HKMU) will focus its business on the aluminium extrusion, as it sees the business potential that grows along with changing habits during the COVID-19 pandemic. Jodi Priyono, Corporate Secretary, HK Metals Utama said: “This year the aluminium building materials sector is...
Indonesia’s state aluminium company PT Indonesia Asahan Aluminium (Inalum) expects to stop importing alumina by 2022 as it expected to complete the construction of alumina refinery, but the COVID-19 pandemic might cause delays in the planning. The country’s demand for the alumina has been supported...
TheArsenale, a company founded by Frenchman Patrice Meignan that market themselves as ‘the ultimate marketplace for the independent builders and the most innovative studios in the mobility sector and all its forms. They have a significant footprint to the well-heeled Chinese market via an outlet in...
