PT Indonesia Asahan Aluminium (Inalum) is accelerating three major corporate initiatives to advance the downstream development of Indonesia’s aluminium industry.

MIND ID Corporate Secretary, Pria Utama, said the three steps are: optimizing the Kuala Tanjung Smelter with a target to increase production capacity, building a second Smelter Grade Alumina Refinery in West Kalimantan, and planning the construction of a new aluminium smelter.

“The move to open up global cooperation is part of MIND ID’s unified effort to deliver a larger economic contribution to Indonesia’s economy,” Pria said in a statement on Friday, September 26, 2025.

He believes that the more global investors participate in mineral downstreaming, the greater the economic benefits Indonesia will receive—both in terms of job creation and the added economic value generated in the future.

“Indonesia’s mineral mining industry has significant development potential. We are working to ensure that the impacts of aluminium downstreaming are optimized and can meet the expectations mandated by the government—namely, toward Indonesia Emas 2045,” he said.

To support these efforts, Inalum signed a Heads of Agreement (HoA) for the offtake of the second smelter project with Rotterdam-based energy and commodities company Vitol at Expo 2025 Osaka, Japan.

Inalum President Director, Melati Sarnita, added that the company is also strengthening strategic global cooperation with Tiberius and Panasonic regarding the development of the market for Indonesian aluminium in Japan.

Melati noted that the potential for aluminium downstreaming in Indonesia remains very high and requires commitment from many stakeholders. Accordingly, Inalum is opening opportunities to any party wishing to collaborate in developing the bauxite–alumina–aluminium commodity ecosystem in Indonesia.

Related News