#engineering #mfg #international PT Indonesia Asahan Aluminium (Inalum), which was taken over by the government a few months ago, has said that it is to commence production of aluminium alloys and baked carbon anodes for the aerospace and electronics industries.
Company president Sahala Sijabat said: “We currently only produce aluminium slack and ingots, of which 80% is for the domestic market. We want to diversify our products and expand our market.”
Inalum, which is said to operate the only aluminium smelter in South East Asia, was previously owned by the NAA Japanese consortium under a 30-year contract with the Indonesian government.
When the contract ended on 31 October, the government declined to extend it and paid $556.7 million for the near-60% stake. Mr Sahala said that Inalum needs up to $2 billion to finance all of its business plans.
The company intends to build a new smelter, two new factories and a 600MW steam-driven power plant to boost production. It will also collaborate with the state-owned PT Aneka Tambang (Antam) mining group to build a smelter-grade refinery to convert bauxite into alumina (synthetically produced aluminium oxide), in Mempawah, in the province of West Kalimantan.