Aluminum Indonesia Jakarta sent the latest news to China about the electric vehicle production line and the million-level aluminum smelter.
Jakarta May 11, 2021, Orias Petrus Moedak, Chairman of Indonesia’s state-owned mining company (MINDID) announced through a video conference that the company’s US$2 billion investment plan was approved by the central government. The funds were used to finance several holding companies. Major projects.
1. Indonesia Battery Corporation
The company plans to build a laterite nickel ore wet process plant to produce electric vehicle battery-grade nickel and cobalt sulfate through an enterprise established in cooperation with foreign-invested companies LG Chem from South Korea and China Ningde Times through Anthem.
2. Aluminum smelting plant of Indonesia Aluminum
Indonesia Aluminium (Inalum) will build a 1 million ton aluminum smelter, which is planned to be completed and put into operation in mid-2023. The chairman added that the smelter will invest 800 million US dollars.
3. The power plant of the Antambari nickel-iron smelting plant
It is planned to build a 2×45 MW thermal power plant in mid-2025 and a 3×18 MW diesel power plant to be completed and put into operation in mid 2022. The first tender has been held.
4. Coal gasification plant in Indonesia
Indonesian coal mound (Bukit Asam) and Indonesia’s PT. Pertamina (PT. Pertamina) two state-owned enterprises jointly built a coal gasification plant that will process low-calorie coal mines to produce 1.4 million tons of dimethyl ether. It is planned to be completed and put into operation in early 2024.
5. Copper smelter in Freeport
Freeport will build a copper smelting plant with a capacity of 1.7 million tons. It is planned to be completed and put into operation in June 2023, but due to the impact of the epidemic, it may be delayed to June 2024. Currently, Freeport and Qingshan are still under negotiation, and the site is selected as the Eastern Megawatt Province or the Vinda Bay Industrial Park in Qingshan, Indonesia.
Aluminum Indonesia Jakarta sent the latest news to China about the electric vehicle production line and the million-level aluminum smelter.