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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During the World Government Summit 2025 in Dubai, Coordinating Minister for Economic Affairs Airlangga Hartarto met with Emirates Global Aluminium (EGA) CEO Abdulnasser Ibrahim Saif Bin Kalban on Wednesday, February 12. The meeting focused on advancing EGA's cooperation plan to boost aluminium...
The first batch of cathode sets for the Indonesia Beijia electrolytic aluminium project, supplied by Shenyang Institute, was successfully shipped from Lianyungang on Friday January 10, 2025. The project is a joint venture between Indonesia's Adaro Group and China's Liqin Resources, with Shenyang...
According to customs data, in December 2024, China's imports of unwrought aluminium alloy reached 105,600 tonnes, down 6.5 per cent Y-o-Y and up 3.6 per cent M-o-M. From January to December 2024, cumulative imports totaled 1.2131 million tonnes, up 7.1 per cent Y-o-Y. In December 2024, exports of...
Some of the news headlines this week in the upstream aluminium industry, particularly in the primary aluminium sector, suggest a potential shift in market dynamics in the near term in the wake of aluminium price drop on alumina supply ease and proposed tariffs on aluminium imports by the US...
The smelter grade alumina refinery (SGAR) multi-phased project of PT Borneo Alumina Indonesia (BAI) as a joint venture between PT Indonesia Asahan Aluminium (Inalum) and PT Aneka Tambang (Antam), is projected to give economic benefits for Mempawah region, West Kalimantan. Image Source:...
In November 2024, China imported 280,000 tonnes of aluminium, including unwrought aluminium and aluminium products. The import volume reflected a double-digit fall, precisely 17.6 per cent, according to China customs data. Image Source: iStock Nonetheless, from January to November, the country’s...
Victor Tan is the CEO of TOP International Holding. As CEO, he leads the company’s strategic direction and drives growth for the company. Founded in 2014, TOP has grown exponentially over the years. Under his leadership, TOP became Malaysia’s biggest bauxite exporter in 2015 and pioneered anchorage...
In a strategic move to solidify its position in the global mining sector, PT Aneka Tambang (Antam), a member of PT Mineral Industri Indonesia (Persero) or MIND ID, a government-owned holding company, has earmarked a significant capital expenditure (Capex) of $723 million (Rp11.46 trillion) over the...
Tianshan Aluminum Company has actively disclosed updates regarding its investor relations. Following the successful equity acquisition of local mining companies in Guinea, the company is steadily advancing its region's bauxite mining and shipment project. The project has now entered the large-scale...
PT Alumindo Light Metal Industry Tbk (ALMI), one of Southeast Asia's largest aluminium rolling manufacturers, has halted all operational activities, including production, administration, and sales. Founded in 1978, ALMI is based in Surabaya, Indonesia, and operates as a subsidiary of the Maspion...
In a bold statement on October 8, 2024, Tony Wenas, President Director of PT Freeport Indonesia, one of the world's leading mining and ore processing companies, expressed his support for the potential removal of government regulations that currently restrict the duration of mining concessions....
PT Aneka Tambang, an Indonesian mining company, has begun the first bauxite injection phase at its Smelter Grade Alumina Refinery Mempawah Project. The company says this phase initiates the commissioning of the project, which is a joint effort between PT Aneka Tambang, popularly known as ANTAM, and...
Aluminium is an essential component of the global economy. The rising demand for green metal clearly shows that no matter how many setbacks or blips come across, the market or the need for this green metal will never decrease. Below is a recap of the events which unfolded in the upstream aluminium...
Indonesia's President Joko Widodo has inaugurated a $941 million smelter-grade alumina refinery operated by state miner Aneka Tambang (Antam) and state-owned aluminium producer Inalum in the West Kalimantan province. The refinery boasts a production capacity of 1 million metric tonnes of alumina...
Press Metal Aluminium Holdings has announced a partnership with three Indonesian firms to establish and operate an alumina refinery in West Kalimantan, Indonesia. The refinery is projected to produce between one and 1.2 million tonnes annually in its first phase, with plans to double this capacity....
On September 19, 2024, the UK embassy in Jakarta announced that Britain signed a memorandum of understanding (MoU) with Indonesia to collaborate on critical minerals. Indonesia, the largest country in Southeast Asia and known for its vast mineral resources, will work with the UK to enhance policy...
Three mining companies in Indonesia are now facing penalties due to delays in completing their refinery projects, following findings in the 2023 Audit Report by the Supreme Audit Agency (BPK). The report highlighted potential non-tax state revenue from administrative fines related to these delays,...
As Indonesian President Joko Widodo prepares to step down this October after a decade in power, his final State of the Nation address on August 16, 2024, underscored a key element of his economic policy: resource nationalism. Throughout his tenure, Jokowi has sought to harness Indonesia's vast...
