In the recent years, the proportion of bauxite ore in Indonesia kept on increasing in the mineral sector.
Following the export ban and downstreaming initiatives by the Indonesian government, the bauxite industry will be expected to grow steadily.
The valuation and pricing mechanisms for Indonesia bauxite ore in the market are drawing close attention from participants across the supply chain.
To proactively address the potential downstreaming market shifts and enhance market transparency, SMM has decided:
Commencing November 7, 2025, SMM will officially launch one new price:
- Indonesian Bauxite (Al2O3: 47%, SiO2: 5%,delivered to destination port,Indonesia,$/wmt)
Details of this price point are as follows:
- Description: Indonesian Bauxite (Al2O3: 47%, SiO2: 5%,delivered to destination port,Indonesia,$/wmt)
- Quality: Total alumina 47%; total silica 5%; Fe 14% min, 20% max; moisture content 20% max; titanium 2% max
- Quantity: Minimum 50000 wmt
- Definition: delivered to destination port
- Brand Listing: Antam, Cita Mineral Investindo
- Timing: 1-2 Months
- Unit: USD/wmt
- Payment Terms: L/C/TT at sight in USD , other payment terms normalized
- Publication: Weekly, Friday by 12:00 PM Jakarta Time