Indonesia proposes to increase the added value of its aluminum products and speed up the introductio

       Indonesia is rich in bauxite reserves, ranking sixth in the world. According to luhut binsar pandjaitan, Minister of maritime coordination, despite its abundant resources, Indonesia lacks the ability to process it into downstream products, and a large number of bauxite is only used for export. But recently, President Joko Widodo said that it is necessary to improve the level of domestic aluminum processing industry and develop high value-added products. It is estimated that once processed into high value-added products, the output value may reach 11 figures.

The Indonesian government is considering speeding up export bans on bauxite and other minerals, such as tin and alumina, ruhout said. According to current regulations, bauxite is allowed to be exported until February 11, 2022.

At present, Pt Indonesia asahan alumina and Pt Aneka tambang TBK are cooperating with their subsidiary Pt Borneo alumina Indonesia (PT BAI) to establish a bauxite alumina processing plant in mepawah, West Kalimantan.