#Smelter
Indonesian downstream strategy strains spur shift to Philippine nickel ore
Indonesia’s nickel industry is increasingly importing ore from the Philippines to keep its expanding network of smelters operating, a development industry players say signals structural strain in the country’s downstream industrialization agenda.
Nickel industry crisis prompts calls for stronger worker, environmental protections
Indonesia’s booming nickel industry, a key pillar in the country’s downstreaming agenda, has drawn scrutiny over mounting workplace accidents, pollution, and weak safety standards, amid calls from civil society for stronger oversight and regulatory reform.
Prabowo oversees US$427 million confiscated asset handover to PT Timah
President Prabowo Subianto on Monday, October 6, 2025, oversaw the handover of state-confiscated assets worth up to Rp7 trillion (US$427 million) to state-owned tin miner PT Timah, marking one of largest recoveries of assets linked to illegal mining operations.
Government seizes nickel mining sites in N. Maluku, SE Sulawesi for permit violations
Government-sanctioned Forest Area Enforcement Task Force (Satgas PKH) has seized hundreds of hectares of nickel mining concessions in North Maluku and Southeast Sulawesi over alleged permit violations, officials have announced.
Adaro Minerals unit targets aluminium smelter start-up by end of 2025
Mining company PT Adaro Minerals Indonesia (ADMR) has projected that its aluminium smelter project, developed through subsidiary PT Kalimantan Aluminium Industry (KAI), will begin phased operations by the end of 2025, signaling the potential for dividend distribution from the 2025 financial year, supported by positive catalysts from the smelter’s operations.
Danantara, GEM Limited, Vale Indonesia ink US$1.42 B deal for nickel smelter
Indonesian investment firm Danantara, through its subsidiary Danantara Investment Management, has signed a US$1.42 billion (Rp23.29 trillion) partnership with GEM Limited and PT Vale Indonesia (INCO) to build a High-Pressure Acid Leach (HPAL) smelter with an annual capacity of 66,000 tons of nickel.
Chinese investments in Indonesia accused of greenwashing
A recent report titled Behind The Green Curtain by the Center of Economic and Law Studies (CELIOS) reveals troubling evidence of greenwashing and transition washing in Chinese-funded investment projects across Indonesia.
Vale confirms talks, no deal yet with Korean investor in $1.9 billion Sorowako project
PT Vale Indonesia (INCO) has addressed reports regarding the potential entry of a South Korean investor into its Sorowako limonite project, which is currently under construction and valued at approximately US$1.9 billion (Rp31 trillion).
PT Vale Indonesia awaits 3rd partner for HPAL smelter project in Sorowako
Mining company PT Vale Indonesia (INCO) is still in the process of securing a third partner for its High Pressure Acid Leaching (HPAL) smelter project in Sorowako, East Luwu, South Sulawesi.
Nickel price slump forces Tsingshan to halt stainless steel production in Indonesia
Chinese stainless steel giant Tsingshan Holding Group Co has suspended several production lines in Indonesia’s nickel hub since early May, in what industry insiders say is a direct response to plunging nickel prices and weakening global demand.
Huayou plans US$20 B expansion for RI’s EV ecosystem, industrial clusters
Chinese mining and battery materials company Zhejiang Huayou Cobalt Co Ltd is preparing to expand its investment in Indonesia by a staggering US$20 billion (Rp335 trillion), according to Minister of Investment and Head of the Investment Coordinating Board (BKPM), Rosan P. Roeslani.
President inaugurates Freeport's precious metal refinery facility in Gresik
President Prabowo Subianto inaugurated PT Freeport Indonesia's Precious Metal Refinery (PMR) facility at the Java Integrated Industrial and Port Estate (JIIPE) area in Gresik, East Java, on Monday, March 17, 2025.