Thursday, February 6, 2025

PT Elecmetal Longteng Indonesia breaks ground on grinding ball plant in Batang

Reading Time: 2 minutes
Julian Isaac

Journalist

Editor

Interview

Grinding balls producer PT Elecmetal Longteng Indonesia is building a US$40 million (Rp600 billion) grinding ball production plant in the Batang Integrated Industrial Area (KITB), Central Java.

PT Elecmetal Longteng Indonesia is a strategic partnership between ME Elecmetal and Longteng Special Steel Co., Ltd.

ME Elecmetal is a public company listed on the Santiago Exchange, Chile and is the largest mill liner manufacturer in the world. Backed by South American conglomerate Claro Group, the company has been recognized as a leader in metal processing technology.

Meanwhile, China-based Longteng Special Steel Co., Ltd is a major player in the global specialty steel market with the world’s largest grinding ball facility, with a capacity of over 500,000 megatons (mt). The company also has a presence in Africa with a modern facility in Zambia with a capacity of 100,000 mt.

By combining ME Elecmetal’s technological excellence and Long Teng’s manufacturing expertise, the company aims to become a market leader in Indonesia.

The plant facility is designed to produce 200,000 tons of high-quality grinding media per year, with 30-35 percent distribution for domestic market, and 65-70 percent for export. The majority of exports are destined for Australia, which is one of the main markets for grinding ball products.

“With a strong sales network and advanced production technology, we are optimistic that we can achieve our sales target of 100,000 tons in the next few years,” Eugenio Arteaga, CEO of ME Elecmetal & Director of PT Elecmetal Longteng Indonesia, said on January 9, 2025.

“With the full support of the Indonesian government and KITB, we are confident that this project will bring positive impacts to national metals,” Xu Sheng, Long Teng Group President and Director at PT Elecmetal Longteng Indonesia, said.

Ngurah Wirawan, President Director of KITB, emphasized that this area is not only an industrial area, but is also designed as a new city complete with various supporting facilities such as hotels, schools, and entertainment centers.

“We ensure that all processes run smoothly, from licensing to infrastructure, so that investments like this can provide maximum benefits for the local and national economy,” Ngurah said.

“This project will make a major contribution, not only in supporting industrial growth, but also creating new jobs and economic opportunities for the surrounding community,” he added.

Rizky Aditya Wijaya, Director of the Metal, Industry at the Directorate General of Metal, Machinery, Transportation Equipment, and Electronics (ILMATE) at the Ministry of Industry, said basic metal industry is one of the strategic sectors with significant growth, reaching 12.36 percent in the third quarter of 2024.

“The construction of this factory demonstrates that Indonesia is increasingly attractive to global investment and supports its national economic growth,” he said.

Julian Isaac

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

PT Pupuk Kujang, a subsidiay of State-owned fertilizer producer holding company PT Pupuk Indonesia, is conducting a trial production of green ammonia projected to replace coal in the power generation industry.
The government has planned to increase national energy buffer reserves from 21 days to 51 days by establishing a petroleum storage facility on Nipa Island, Riau Islands.
The Cirebon-1 Coal-fired Power Plant (PLTU), which is planned for early retirement, is estimated to attract investment worth US$198 million (Rp3.2 trillion) through the construction of a solar panel and electric battery factory.
President Prabowo Subianto has considered building a giant sea wall of 700 kilometers (km) in length from Banten to East Java aimed at protecting rice fields on the northern coast of Java from the impacts of increased sea level.
Star Energy Geothermal, a subsidiary of PT Barito Renewables Energy (BREN), is collaborating with global energy technology company SLB to accelerate technology in developing geothermal assets aimed at increasing the efficiency and economy of the company’s geothermal assets.
State power utility PT PLN has confirmed its commitment to supporting the 8-percent economic growth target through the development of electricity infrastructure that will cater the needs of industry, new areas development, and remote regions.