Research on the Supply Chain of Aluminum Anti-collision Beams for Automobiles

Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

Aluminum Wire Supplier Screening 

Cost Analysis of AL Extrusion for Target Units

Cost Analysis Of AL Extrusion For Target Units

Research on the Sustainable Development Layout of key Players(Foil, Roll, Plate)

Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

Optimization of Purchasing Cost for Casting Alloys

Optimization Of Purchasing Cost For Casting Alloys

Home

Metal News

UPDATE 1-Indonesia Sees Antam Buying Aluminium Firm Inalum

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE

3rd Li-ion Battery Europe 2025

2025 NET ZERO EUROPE - Solar & Energy Storage Summit

2025 SMM Europe Lithium & New Energy Field Trip

SMM Weekly Forecast on Cobalt Market 

JAKARTA, July 9 -- Indonesia's state enterprises minister Mustafa Abubakar said on Friday the government hopes state miner PT Aneka Tambang Tbk (ANTM.JK: Quote) will be able to acquire a 100 percent stake in aluminium firm PT Inalum.
Nippon Asahan Aluminium, a consortium of 12 Japanese firms, holds 58.8 percent of PT Inalum, which operates an aluminium smelter in northern Sumatra island, in a 30-year contract expiring in 2013. The Indonesian state owns the rest.
&quot;We have submitted the proposal and hopefully Indonesia can acquire 100 percent of the stake through Antam in a negotiation that will be held soon,&quot; Abubakar told reporters.
Indonesia said last month it was considering taking over or increasing its stake in Inalum, so that the output can be sold to the domestic market.
Inalum sells about 60 percent of its aluminium output to Japan while selling the remainder to the local market. The firm produced 255,996 tonnes of aluminium ingots in the fiscal year of April 2009-March 2010.
Indonesia is keen to increase revenue from the mining sector after metals prices soared in 2008, including by pushing for more metal processing at home as stated in a new mining and coal law that took effect in 2009.
 
&nbsp;

UPDATE 1-Indonesia Sees Antam Buying Aluminium Firm Inalum

SMM Events & Webinars

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE