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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PT PLN (Persero) and its subsidiary, PLN Energi Primer Indonesia (PLN EPI), have inked a memorandum of understanding with JERA Co. Inc., aiming to reshape Indonesia's energy sector. This strategic collaboration delves into green energy initiatives, LNG infrastructure, and supply chain optimisation....
Indonesia's state-owned aluminium producer, Inalum, announced on February 15 2024, its intention to commence operations at its long-awaited new smelter-grade alumina refinery in the latter part of 2024. Their official release states that this marks the culmination of years of delays. In June 2023,...
The primary aluminium sector has been packed with several significant advancements this week. PT Indonesia Asahan Aluminium (Persero), or Inalum, is about to expand its aluminium smelter in Kuala Tanjung, North Sumatra and initiate the second act in the Smelter Grade Alumina Refinery (SGAR) in...
In the vibrant landscape of 2024, PT Indonesia Asahan Aluminium (Persero), also called Inalum, is poised to unfurl the sails of innovation on two grand ventures. With a resounding declaration, CEO Danny Praditya has illuminated the corporate horizon, announcing the Final Investment Decision (FID)...
Henan Beijia Aluminum conducted the stage-1 ground-breaking ceremony of its much-awaited electrolytic aluminium plant project of the Indonesia North Plus Project, handled by China 6 MCC Guizhou Branch. The project is in the Tanakuning Industrial Park, inside Indonesia's North Kalimantan Special...
PT Alloy Indo Nusantara is a highly respected aluminium ingot manufacturer that is committed to delivering exceptional products to its customers. Their focus on excellence, innovation, and customer satisfaction has helped them become a prominent player in the industry. AL Biz is immensely proud to...
Shandong Nanshan Aluminium Co. Ltd., a China-based company engaged in manufacturing and distributing aluminium products, will demerge its Indonesian business and enlist it to the Hong Kong stock exchange to ensure fetching finances for its future development. The news came on October 13 when...
The aluminium industry is witnessing promising development as Emirates Global Aluminium and PT Indonesia Asahan Aluminium (INALUM) announce the successful start-up of five pilot reduction cells at INALUM's Kuala Tanjung aluminium smelter, which has been upgraded with EGA's technological expertise....
On September 23, 2023, the secretary of the Ministry of National Development and Planning, Indonesia, visited the Chinese industrial investment project Nanshan Bintan Alumina Co., Ltd. to strengthen government-enterprise cooperation and exchanges as well as promote the development of the...
Nanshan Group, the largest aluminium producer in China, has yet again appeared in the list of Top 500 Chinese Companies declared by China Enterprise Confederation and China Entrepreneurs Association. They jointly released the list of "Top 500 Chinese Enterprises in 2023" and "Top 500 China...
LME aluminium opened at US$2,222 per tonne last Friday and hit a high of US$2,250.5 per tonne before closing at US$2,250.5 per tonne, an increase of US$28.5 per tonne or 1.29 per cent. One of the main reasons for the price hike can be attributed to Indonesia's potential export ban on bauxite, which...
PT Cita Mineral Investindo Tbk (CITA), one of the largest Bauxite Mining Groups in Indonesia and a producer of Smelter Grade Alumina (SGA) in Indonesia, managed to record positive performance in 2022 by recording a net profit of IDR 744.82 billion, an upswing of 31 per cent y-o-y. On June 28, 2023,...
Indonesian President Joko Widodo has stated that the government is prepared to respond should any countries seek legal action against the ban on bauxite exports implemented earlier this month. Joko Widodo announced on December 20, 2022, that the nation would ban bauxite exports , the primary ore...
China's aluminium producers are eyeing Indonesia for setting up smelters like nickel manufacturers. Indonesia has shown interest in housing aluminium smelters as they have done with nickel. They want to stop exporting aluminium raw materials and working on getting foreign investors to build...
China's rising reliance on bauxite, the primary raw material for alumina production, has prompted the world's largest miner to seek alumina refineries worldwide, particularly emphasising crucial supplier Indonesia following an export embargo. According to analysts and AL Circle's industry-focused...
Bauxite miners have once more pleaded with the Indonesian government to rethink the policy since domestic facilities are insufficient to process their output. However, this is to be noted that Indonesia is scheduled to restrict unprocessed bauxite exports in the next few days. Indonesia, the...
The Australian-listed company with world-class bauxite and rare earth assets, Lindian Resources, has signed a supply agreement with a new cash-rich partner. The company has announced a new six-year arrangement with freight shipping firm C&D Logistics to provide 23 million wet metric tonnes of...
According to our source, China's Shandong Nanshan wants to expand its new Indonesian alumina refinery site to a USD$6 billion aluminium smelting complex by 2028, making it one of the most significant foreign investments in the country. Shandong Nanshan is incorporated among many private Chinese...
