Indonesia's PT Inalum Plans to Invest in Multi-Billion-Dollar Expansion, an Industrial Info Market Brief

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Indonesia's state-owned PT Indonesia Asahan Aluminium, known as locally as PT Inalum, is pushing to expand its operations and become the Indonesian government's benchmark for its plan to limit ore exports and reduce imports of finished metals. PT Inalum is expected to allocate as much as $7 billion to develop an alumina refinery, aluminum smelter, ferronickel smelter and power plants. It plans to use the region's vast mineral reserves in order to limit ore exports from the country.

PT Inalum's expansion plan is in line with the Indonesian government's plan to remake the country's mining industry by increasing domestic ore demand with new domestic upstream assets such as power plants, metal smelters and refineries. Click here for the list of PT Inalum projects and click on the graph below.