Sichuan Tianfu New Creation Group Launches Alumina Project in Indonesia

Published: Apr 13, 2025 23:43
Sichuan Tianfu New Creation Group recently announced the development of an alumina project in Central Kalimantan Province, Indonesia, through its newly established subsidiary, PT Progressive Indonesia Alumina (PIA). PIA was registered as a special purpose vehicle (SPV), with the project site located in Sampit Town, Central Kalimantan Province. The first phase of the project will involve the construction of a smelter-grade alumina plant with an annual production capacity of 1 million mt, along with supporting logistics, energy, and plant infrastructure networks, with a total investment expected to exceed $540 million. The project is planned to cover a vertically integrated industry chain from bauxite mining to refined production, supporting Indonesia's national goal of reducing its reliance on bauxite ore exports. Sichuan Tianfu New Creation Group, founded in 2003, operates in the fields of metallurgy, oil and gas drilling, and lithium battery materials, with annual revenue of nearly $1 billion and over 2,000 employees worldwide. This alumina project marks its first foray into the deep processing of mineral resources in Indonesia.

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Sichuan Tianfu New Creation Group recently announced the development o - Shanghai Metals Market (SMM)