At the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminum Industry Forum, Melati Sarnita, Business Development Director of PT Indonesia Asahan Aluminium (Persero) (INALUM), shared insights on the topic of "Transforming Southeast Asia into the Future Hub of Global Aluminum and Critical Minerals."
Image source: SMM
At the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminum Industry Forum, Melati Sarnita, Business Development Director of PT Indonesia Asahan Aluminium (Persero) (INALUM), shared insights on the topic of "Transforming Southeast Asia into the Future Hub of Global Aluminium and Critical Minerals."
MIND ID maintains strong government support through Danantara and MSOE
On March 22, 2025, the government transferred all its Series B shares in the company to Danantara's operating holding company as additional capital investment. • Following this transfer, Danantara's operating holding company holds 99.99 per cent of MIND ID's Series B shares, while the government retains one Series A Dwiwarna share through MSOE. • In accordance with Government Regulation No. 15 of 2025, the government will continue to exercise control over relevant state-owned enterprises through its ownership of Series A Dwiwarna shares. Therefore, the ultimate control of MIND ID remains with the government.
Unlocking value through building a resilient aluminium ecosystem
Over the next 30 years, aluminium consumption in Indonesia is projected to increase by approximately 600 per cent. In particular, demand for aluminium will surge significantly in the EV and renewable energy sectors, such as PV solar, where deploying 1 MW of PV power generation requires approximately 21 tonnes of aluminium.
Image source: SMM
From 2018 to 2024, Indonesia's aluminium supply has primarily relied on imports. It is projected that by 2024, the import ratio will reach as high as 54 per cent, while the contribution from the domestic aluminium industry will only be 46 per cent.
Therefore, it is necessary to accelerate the downstream processing of bauxite and advance the industrialisation of aluminium to meet the growing domestic demand.
The goal is to achieve an annual production capacity of 900,000 tonnes of aluminium by 2030, supported by a refinery (SGAR Phase II) with an annual production capacity of 2 million tonnes of alumina.
Additionally, Melati Sarnita played a company introduction video on-site, detailing the development history of PT Indonesia Asahan Aluminium (Persero) (INALUM).
Note: This article has been issued by SMM and has been published by AL Circle with its original information without any modifications or edits to the core subject/data.
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