Indonesian Bauxite Smelter Project Stalls

MINERAL COMMODITY - JAKARTA. JAKARTA. The bauxite down streaming program in Indonesia is still facing funding issues. The construction process of bauxite management and refining facilities, known as smelters, is slower compared to those of nickel and copper.

According to data from the Ministry of Investment/Investment Coordinating Board (BKPM), the investment realization for bauxite smelters throughout the first quarter of 2024 was only IDR 1.4 trillion.

Read Also: Freeport Smelter Project Ready to Operate by June 2024