The development of Indonesia’s aluminium downstream industry holds substantial promise despite the slow progress seen in recent years. A senior government official recently revealed that only one of the eight alumina refinery projects in the government's ambitious pipeline has shown significant progress. This underwhelming advancement highlights the urgent need for strategic intervention to unlock this sector's full potential.
The Indonesian government's construction of alumina refineries aims to enhance the added value of domestically mined bauxite minerals.
On June 21, 2024, Irwandy Arif, an expert staff member at the Ministry of Energy and Mineral Resources (ESDM), said, "The Minister of Energy and Mineral Resources has ordered direct field supervision for eight alumina refinery projects. Of these eight, seven refinery projects show no progress. In our term, they are still green fields, while one alumina refinery project is about to finish."
The alumina refinery project showing progress belongs to PT Borneo Alumina Indonesia, a project initiated by the state-owned mining company PT Aneka Tambang in Mempawah Regency, West Kalimantan.
