INALUM President Projects Long-Term Growth, Unveils Strategic Expansion in Aluminum Sector

Published: Oct 27, 2025 09:23

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[SMM Aluminum Express News] The global and domestic aluminum business outlook remains highly positive for the long term, according to INALUM's President Director, Melati Sarnita. She projects the global market will see moderate growth, accumulating around 11% by 2035.

This surge is primarily driven by the global energy transition, with massive demand from electric vehicles, renewable energy infrastructure, especially solar panels and power grids and lightweight construction.

While recent price spikes near USD 2,800/MT are seen as short-term, fueled by international trade policies and copper supply disruptions, prices are expected to stabilize. The domestic Indonesian market holds even greater promise, supported by strong regional demand and export opportunities.

To capitalize on this, INALUM is executing a robust long-term strategy centered on full upstream-downstream integration. This includes building a 1-million-ton alumina refinery in Mempawah (SGAR-1) with ANTAM, planning a second refinery to double capacity, and constructing a new 600,000-ton smelter. The company is also securing critical supply chains, exploring a strategic partnership to build a Coal Tar Pitch plant. Through these initiatives, INALUM aims to solidify Indonesia's position as a key global aluminum player and achieve national industrial independence.

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