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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Indonesia is reportedly planning to spend billions of dollars in building aluminium and nickel smelters and reshaping its mining industry, in a bid to cut decades-long dependence on costly imports to meet domestic demand. Report says the Southeast Asian country is seeking to make building smelters...
After recording a month-on-month rise in April 2019, China’s bauxite import in May declined 4.59 per cent from April to come in at 9.71 million tonnes, according to China Customs data. In April 2019, China’s bauxite import was at 9.77 million tonnes after rising 24.5 per cent from a month ago. On a...
Indonesia’s shipments of bauxite are set to grow in 2019. China, the top importer of Indonesian bauxite, imported about 4.63 million tonnes of bauxite in the first four months of 2019. The upward trend is expected to continue this year. Indonesian state miner PT Aneka Tambang (Antam) is planning to...
Press Metal Aluminium Holdings Berhad has signed a Memorandum of Understanding (MOU) to acquire 25 per cent equity interest in PT Bintan Alumina Indonesia. PT Bintan Alumina Indonesia, involved in the production of non-ferrous metals, is building a 1 million-tonne alumina refinery plant together...
According to the latest data from China Customs, China’s imports of bauxite increased 24.5 per cent from a month ago to stand at 9.77 million tonnes in April 2019. Bauxite imports in April rose 68.2 per cent from the same period previous year. China’s bauxite import registered 35.9 per cent growth...
PT Indonesia Asahan Aluminium, better known as Inalum, is reportedly building an alumina refinery in Mempawah, West Kalimantan, the completion of which will save the company’s raw materials costs reaching US$200 million, said Executive Advisor Oggy A. Kosasih on Saturday, May 18. In addition, the...
Global bauxite production is expected to rebound this year with new projects coming up in Guinea and Australia and with some expansions across India and Indonesia. Consultancy group Fitch Solutions notes that Australia is currently holding 12 of the 29 new bauxite projects, which is more than any...
The Energy and Mineral Resources Ministry of Indonesia has officially cancelled the export permits of five mining companies as they failed to show progress in developing smelters as per the prevailing laws and regulations. The five mining companies are PT Surya Saga Utama, PT Genba Multi Mineral,...
According to a Reuters report, Indonesia’s PT Aneka Tambang (Antam), a mining company owned by the state is planning to request for additional export quotas for nickel ore and bauxite for 2019. This was announced by Aneka Chief Executive Arie Prabowo Ariotedjo on Wednesday. He said that PT Aneka...
A large number of countries are found actively participating in recycling aluminium to produce fresh metal. The infinite recycling properties of aluminium are of course, not unknown to us, neither the fact that it involves about 95 per cent less energy than the primary production process. As per...
According to the latest data from China Customs, China’s imports of bauxite increased about 14% to stand at 9.41 million tonnes in February from 8.27 million tonnes in January. This is one of the record numbers as far as month bauxite import is concerned. Bauxite imports from Australia, Indonesia...
Indonesian state miner PT Aneka Tambang (Antam) recorded a profit of 874.42 billion rupiah ($61.06 million) in 2018, compared with 136.50 billion rupiah in 2017. The increase was due to higher output and sales of commodities such as nickel and bauxite, as well as lower costs. Antam achieved revenue...
According to a recent report, unlicensed mining of bauxite is still found continuing on the islands of Angkut, Dendang and Bukit Bati in Bintan, Riau Islands, despite a government call to end the activities. "I do not know why they still continue to mine the bauxite,” said the head of Bintan and...
According to a report by Antara on February 5, the Environment and Forest Ministry has stationed a team at bauxite mining sites in Bintan District for the investigation of alleged environment damage in the region. The Environment and Forest Minister Siti Nurbaya said the team arrived at the spot on...
In December 2018, Indonesia imported USD 15.28 billion worth of goods from around the globe, up by 1.16 percent from a year earlier.Indonesia’s estimated imports of aluminium scrap increased in both volume and value in 2018 when compared to 2017 data. The USA continued to be the leading source of...
According to news published by Reuters, Indonesian state miner PT Aneka Tambang Tbk (Antam) is aiming to export 2.8 million tonnes of bauxite in 2019, more than triple the estimated 850,000 tonnes in shipments for 2018, Chief Executive Arie Prabowo Ariotedjo told reporters. Ariotedjo said the...
Indonesia’s import and export of aluminium cans reduced in 2017 when compared to 2016 data. The country’s aluminium can import and exports dropped around 81 per cent year-on-year in 2017. It is expected that Indonesia’s imports of aluminium cans will be more than exports in 2018. According to...
Indonesia’s alumina production is boosting with time. The sole smelter-grade alumina refinery in the country PT Well Harvest Winning (WHW) has reportedly hit the production of more than 2 million metric tonnes of smelter-grade alumina (SGA) since June 2016 or the month of SGA refinery’s maiden...
