Indonesia restricts investment in new nickel intermediate products smelters
President Prabowo recently signed Government Regulation No. 28 regulating risk-based business licensing. The policy restricts the establishment of new businesses specializing in the production of nickel intermediate products (such as nickel matte, mixed hydroxide precipitates MHP, nickel iron FeNi and nickel pig iron NPI)...
Indonesian government invites foreign investment in steel mills to cope with import shock
In response to the impact of domestic steel being flooded with imports, the government has thrown out an olive branch to foreign investors, inviting them to invest in factories in Indonesia, the Deputy Minister of Industry said recently after a working session with the Industry Commission in Parliament....
Indonesia restricts new nickel smelters to cope with oversupply
The Ministry of Energy and Mineral Resources (ESDM) has supported the Ministry of Industry's policy of restricting investment permits and Industrial Undertaking Licenses (IUI) for new nickel smelters, as there is already a surplus of nickel supply globally and domestically.The ESDM minister said that the 2026 nickel production target and quota will...
Indonesia expects to produce less than 700 million tons of coal in 2026
The Ministry of Energy and Mineral Resources (MEMR) has projected that coal production in 2026 will be lower than the 2025 target of 735 million tons, mainly due to weakening demand in key export markets such as China and India. The Director General of Mineral and Coal said the government is in the process of fully...
Indonesia relies on Chinese imports for most of its steel demand
The Deputy Minister of Industry recently pointed out in the working session of the Sixth Committee of Parliament, there is a serious supply-demand imbalance in Indonesia's iron and steel industry, about 55% of domestic demand is dependent on imports, most of which come from China, while the domestic steel industry capacity utilization rate...
Indonesia accelerates coal-to-dimethyl ether to reduce LPG import dependence
The Ministry of Energy and Mineral Resources (ESDM) is accelerating its energy downstreaming project, focusing on the development of coal-based dimethyl ether (DME) as an alternative to liquefied petroleum gas (LPG). Currently, Indonesia's LPG demand is still highly dependent on imports, with an annual increase of about 1.2 million tons...
Chinese investors interested in investing in Indonesia's steel industry
The Deputy Minister of Industry has said that the government is attracting new investments for the steel industry in order to reduce the over-dependence on imports. Currently Indonesia 55% relies on imports for its steel consumption, mainly from China, and the capacity utilization rate of the domestic steel industry is only 52%...
Indonesian investment firm to invest directly in coal-to-dimethyl ether project
BPI Danantara, the chief executive of the country's sovereign wealth fund, has said the agency may directly invest in coal-to-dimethyl ether (DME) projects to replace liquefied petroleum gas (LPG) imports. It is currently evaluating potential technology partners and investing...
Chinese companies interested in participating in waste-to-energy projects
The Deputy Minister of Energy and Mineral Resources has said that the Power Plant for Trash-to-Energy (PLTSa) project has attracted a number of national investors, especially in terms of technology. The department is currently working with investment manager Danantara to identify technical partners...
Indus University builds metallurgical research center with Huayou, Tsinghua
The Rector of the University of Indonesia (UI) has announced a strategic partnership with China's Huayou Group and Tsinghua University to build a world-class metallurgical research center on campus, constructing a 'Golden Triangle' model of cooperation. The collaboration will create an advanced industrial experimental...