Indonesia's Inalum Aims to Complete Alumina Plant This Year

PROYEK SMELTER - JAKARTA. Inalum aims to start operations at its new smelter grade alumina refinery in the second half of 2024 after years of delay, Indonesia's state owned aluminum producer said in a statement on Thursday.

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Indonesia banned exports of unprocessed bauxite last year, intended to replicate Indonesia's success in attracting foreign investors into nickel processing after a ban on outbound shipments of unprocessed ore in 2020.

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Construction on the smelter, which has an annual output capacity of 1 million metric tons of alumina, is 80% complete, Inalum said.

Production is expected to start this year and will ramped up to reach full capacity in 2025, Inalum's corporate secretary Mahyaruddin Ende said.