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 state-owned mining and metals company Aneka Tambang (ANTAM) has announced its unaudited net sales value for 2017. The company has published net sales of IDR12.55 trillion in 2017 (FY17), up 38 per cent from IDR9.11 trillion in 2016 (FY16). ANTAM has reported 181 per cent increase in bauxite...
According to the latest import-export data published by China General Customs, China’s imports of alumina decreased 60.84 per cent YoY to 143,284 tonnes in December 2017. The country imported 2.86 million tonnes of alumina in 2017, down 5.31 per cent YoY. Image source: SMM China’s alumina imports...
China’s imports of alumina reduced 19.51 per cent year on year to 210,579 tonnes in November. During January-November 2017, imports were up at 2.72 million tonnes, according to the latest import-export data published by China General Customs. In November, Indonesia and Australia exported 91,351...
The Star reported that leader Universal Aluminium Sdn Bhd is aiming high to develop and position itself as one of the top five aluminium rod producers in the world within the next five years. Mr Alex Lim Weng Soon MD said the ongoing and new power-related infrastructure projects globally would push...
Crown Asia Pacific, a division of Crown Holdings, has inaugurated its new aluminium beverage can manufacturing plant in Jakarta, Indonesia. The new facility is Crown’s first beverage can plant in Indonesia and 16th in the Asia Pacific region. The plant has an initial annual capacity of 650 million...
Indonesia Asahan Aluminium, the country’s only aluminium producer, is undergoing a major transformation. The company aims to double its aluminium production capacity to 500,000 tonnes per annum by 2020, and to one million tonnes by 2025. It further intends to take control of its supply chain...
Taiwan shipped USD 28.90 billion worth of goods in September 2017, up 28.1 per cent year-on-year. The country’s exports of aluminium can have been decreasing over the last two years. The trend is expected to continue in 2017. The largest part of aluminium can is exported to Japan. Indonesia and the...
According to the latest import-export data published by China General Customs, China’s imports of alumina totalled 275,385 tonnes in September 2017, up 93 per cent year-on year. The country imported 2.23 million tonnes of alumina between January and September, an increase of 2.96 per cent year-on...
China’s imports of alumina increased in the month of August. The country’s imports of alumina totalled 287,138 tonnes in August 2017, up 123 per cent year-on year. During January-August, imports were down at 1.95 million tonnes, according to the latest import-export data published by China General...
Indonesia has significant reserves of bauxite and has become a major exporter to China. The country exported 50,295 tonnes of bauxite to china in the first seven months of this year. Indonesia’s export of bauxite is projected to increase in the second half of 2017. Kendawangan and Tayan mines are...
Nanshan Aluminum Co. announced that the company has decided to construct its new alumina refinery in Indonesia. The company plans to raise no more than 5 billion yuan to build alumina refinery project, according to an SMM report. The alumina project involves an investment of 5.69 billion yuan. The...
China, being a net importer of alumina, witnessed an increase in alumina import in July 2017, according to the latest import-export data published by China General Customs. China’s import of alumina totalled 284,504 tonnes in July 2017, up 29.36 per cent year-on year. January-July imports were down...
<p>Alumina import by Indonesia is set witness a drop in 2017 as domestic production of the mineral is increasing at a steady state. With the country’s state-owned aluminium producer PT Indonesia Asahan Aluminium (Inalum) readying to increase its metal output to 500,000 tonnes a year by 2020...
<p>Indonesia possesses significant reserves of bauxite and has become a major exporter to China. The country was the second leading bauxite-producing country in 2013. But after the export ban imposed in 2014, the production dropped significantly in the country. Indonesia imposed a banned in order...
<p>The partnership of Indonesia’s diversified mining company PT Aneka Tambang (Antam) and Japanese Showa Denko K.K. has come to a breaking point as the latter wants to quit the joint venture company, PT Indonesia Chemical Alumina, while Antam wants to divest some of its shares.</p> <p...
<p>According to the news published by Shanghai Metals Market, Topsun International Industrial Limited that focused on high quality bauxite production and export sales, is set to export its bauxite to the China market, a source familiar with the company said.</p> <p><img style="vertical-align:...
<p>According to a mining ministry official, the Ministry of Energy and Mineral Resources Indonesia has recommended the names of two more companies to allow them to export bauxite and nickel ore. This was the second such development after the government relaxed a ban on unprocessed mineral...
<p>The Indonesian government has proposed to extend the safeguard duty on aluminium-zinc coated steel sheet for a further three years, which was set to expire this year. The government apprised the World Trade Organization (WTO) about the extension plan with different tax rates each year,...
