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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Bauxite has been a priority sector for the upstream aluminium value chain players for some time now. The supply certainty of the ore plays a crucial role in controlling the logistics cost of the sector which in turn helps in optimising the overall cost of production of aluminium. With China’s...
<p>At a time when Indonesia is considering a revision of its ore export policy, including deferment of the ban on processed ore exports by three to five years from January 2017, Customs data released by China last week showed that alumina imports from the South-east Asian country surged 191.1%...
<p>Indonesia raced past Australia to become China’s top alumina supplying country in the month of September, General Customs data of China showed. <br /><br />Alumina imports from Indonesia surged 191.1 per cent month-on-month to total at 81,800 tonnes, while the shipments from Australia...
<p>CBIX was up 2.7% (US$1.3/dmt) on the back of high Value-in-Use (ViU) cargos from Australia and Brazil and the absence of any lower ViU cargos (e.g. from Malaysia) to counter-balance. Although Malaysian prices remain unchanged (US$27.5/dmt FOB un-washed and US$39.5/dmt FOB washed), an increase in...
<p>The Indonesian government has come up with a revised version of a regulation on coal and mineral resources activities in the country, which is likely to mark a change in the licensing regime bringing flexibility in mineral exports. Energy and Mineral Resources Ministry secretary-general Teguh...
<p>PT Shaanxi Youser Indonesia, a part of the Shaanxi Youser Group is planning to construct an alumina refinery in East Kotawaringin district, Central Kalimantan in collaboration with a Chinese investor. The Chinese firm is ready to build the refinery at a cost of Rp16 trillion.<br /><br />"We want...
<p>A bauxite miner in Indonesia will approach the government with the request to allow export of the aluminium ore and grant a yearly quota of 40 million metric tons, reported industry sources. The move would ease the country's current ban on all mineral ore exports imposed two years back. <br...
<p>Indonesia has decided not to lift the ban on bauxite exports that it had imposed two years back, the country's minister said yesterday. This comes just days after the ministry had considered doing away with mining restriction in order to raise extra cash from the sector.</p> <p>Indonesia imposed...
<p>China’s alumina imports fell sharply both on a yearly and monthly basis in August.<br /><br />Customs data showed imports totalled 129,000 tonnes in August, down 41 per cent month-on-month and 68.3 per cent year-on-year. <br /><br /><br /><br />Australia remained the top supplier,...
<p>In a move aimed at stimulating debate within the county, strong signals have emerged from the Indonesian government that a relaxation of its raw materials export ban will occur and that bauxite and nickel (laterite) will be added to the list of allowed mining exports. </p> <p>On Wednesday...
<p>China’s total alumina imports declined 68.31 per cent over the same period previous year to stand at 128,729 million tonnes (mt) in August. The volume shrunk during the first eight months of the current fiscal as well. It dropped 26.66 per cent YoY to stand at 2,027,202mt for...
<p>The first alumina shipment from Indonesia's first alumina producer left for China on August 12, reported local industry sources. The shipment volume totalled 50,000 tonnes. <br /><br />PT.Well Harvest Winning Alumina Refinery is a joint venture among China's Shandong Hongqiao Group, Indonesia...
<p>Aluminium recycling has long become mainstream, at least in those parts of the globe, where the consumption rate of aluminium packaging solutions has been reasonably high for some time now. Secondary aluminium extracted from packaging solutions has made its way into a number of economically...
Indonesian conglomerate Harita Group representative Hidayat Sugiarto (left to right), bauxite miner Cita Mineral Investindo director Robby Irvan, president director Liem Hok Seng, director Yusak Parded, commissioner Harry Tanoto and commissioner Kartiko Sunu prepare for a photograph during a public...
CRU issued a report late last week detailing the future of bauxite ore, and, according to CRU’s analysts, the future looks pretty good. Following is an overview of the top bauxite-producing regions and an outlook for the coming months. Indonesia – the archipelagic country had been the source for up...
A Chinese-invested alumina refinery was officially put into production on Saturday in Indonesia. The refinery invested by China Hongqiao Group Limited and Winning Investment (HK) Company Limited, is the first giant alumina project that Chinese companies have invested in overseas. The two Chinese...
China Hongqiao Group’s large-scale alumina project in Indonesia succeeded in yielding output recently, reported industry sources. The company will sell alumina from the project, whose annual capacity is 1 million tonnes, to China or Middle East within the next 1-2 months. Expected output for the...
PT Indonesia Asahan Aluminium (Inalum), Indonesia's state-owned aluminium producer, has announced plans to increase its aluminium smelting output to 500,000 tonnes a year by 2020. The current production level of the aluminium producer stands at 260,000 tonnes per annum, said Dante Sinaga, who heads...
