At the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminum Industry Forum, Melati Sarnita, Business Development Director of PT Indonesia Asahan Aluminium (Persero) (INALUM), shared insights on the topic of "Transforming Southeast Asia into the Future Hub of Global Aluminum and Critical Minerals."
MIND ID Maintains Strong Government Support Through Danantara and MSOE
On March 22, 2025, the government transferred all its Series B shares in the company to Danantara's operating holding company as additional capital investment. • Following this transfer, Danantara's operating holding company holds 99.99% of MIND ID's Series B shares, while the government retains one Series A Dwiwarna share through MSOE. • In accordance with Government Regulation No. 15 of 2025, the government will continue to exercise control over relevant state-owned enterprises through its ownership of Series A Dwiwarna shares. Therefore, the ultimate control of MIND ID remains with the government.
Unlocking Value Through Building a Resilient Aluminum Ecosystem
Over the next 30 years, aluminum consumption in Indonesia is projected to increase by approximately 600%. In particular, demand for aluminum will surge significantly in the EV and renewable energy sectors, such as PV solar, where deploying 1 MW of PV power generation requires approximately 21 mt of aluminum.
From 2018 to 2024, Indonesia's aluminum supply has primarily relied on imports. It is projected that by 2024, the import ratio will reach as high as 54%, while the contribution from the domestic aluminum industry will only be 46%.
Therefore, it is necessary to accelerate the downstream processing of bauxite and advance the industrialization of aluminum to meet the growing domestic demand.
The goal is to achieve an annual production capacity of 900,000 mt of aluminum by 2030, supported by a refinery (SGAR Phase II) with an annual production capacity of 2 million mt of alumina.
Project Overview:
Additionally, Melati Sarnita played a company introduction video on-site, detailing the development history of PT Indonesia Asahan Aluminium (Persero) (INALUM). The detailed content can be viewed in the shared files on Baidu Netdisk at the 2025 Indonesia Mining Conference & Critical Metals Conference - Aluminum Venue:
Link: https://pan.baidu.com/s/13TIHa2XdzjUFoO5WnL3ERw?pwd=3e2z Password: 3e2z. It will be more convenient to open the Baidu Netdisk mobile app after copying this content.
We are seeking strategic partners to establish an end-to-end value chain from bauxite to aluminum and strengthen Indonesia's role in the global aluminum market.
We welcome partnerships that ensure long-term raw material supply through integrated operations and global supply chain collaboration.
We invite strategic investors—equity partners, joint ventures, or technology partners—to accelerate the development of a sustainable and high value-added aluminum industry.
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