Business News

2021-02-19
Indonesia Mineral Smelter Project Updates
Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources Ridwan Djamaluddin once revealed that there were 19 smelters operating until last year. His party will pursue the target of adding smelters to reach 53 smelters by 2024.

"We are targeting to build 53 smelters by 2024. Until 2020 there are 19, in 2021 it will increase to 23, continue to increase by 28 smelters in 2022 and reach its peak in 2023-2024," He explained last January.

The 53 smelters come from seven mineral commodities. Namely nickel, bauxite, iron, copper, manganese, lead and zinc. The total investment of the 53 smelters is US $ 21.59 billion.