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Search result with “Indonesia Steel Industry” as a keyword founded 99 news.

Luhut Says Indonesia Won’t Miss $105b Investment Target

... and foreign investors throughout 2024. Indonesia earned Rp 1,418 trillion investments ... plans to build the stainless steel downstream industry, which will then produce ... with FDI amounting to $4.1 billion. Indonesia’s investor countries are forecast to ...
Business Feb 22, 2024 | 10:28 am

Rise of IMIP: The Metamorphosis of Morowali's Forests into an Industrial Hub

... industrial park contributing significantly to Indonesia's revenue, with tax and ... , the Guang Ching Nickel & Stainless Steel Industry (GCNS) in the area started ... 1.8%) found abundantly in Indonesia. GCNS also has a stainless steel plant with a production ...
Business Jan 31, 2024 | 3:51 pm

Bahlil Denies Nickel Being Less Popular Than LFP Batteries

... lie that the [EV industry] is leaving nickel,” Bahlil ... tons. In 2020, Indonesia stopped exporting unprocessed nickel ... steel-producing European Union (EU) who later sued Indonesia ... ban on other commodities. Indonesia’s nickel domestic processing policy ...
Business Jan 24, 2024 | 7:12 pm

Some Indonesian Listed Companies Still Struggle Post-Covid

... Jakarta on Thursday. Indonesia’s metal and mining industry became the most distressed ... everything else related to the steel industry is under great difficulty. There ... imported, much cheaper steel. The basic costs in Indonesia are going up ...
Business Jan 18, 2024 | 1:52 pm

Prabowo Banks on Domestic Processing for Double-Digit Growth

... of Commerce and Industry (Kadin). Indonesia first started by ... goods such as iron, steel, and ferronickel. A ban ... including coal, tin, copper, steel, gold, silver, asphalt, crude ... trillion ($1.9 billion) before Indonesia stopped exporting unprocessed ores ...
Business Jan 12, 2024 | 1:42 pm

TPIA Diversifies Business in Chemicals & Infrastructure

... According to Suryandi, Indonesia is still importing petrochemical ... electric vehicle industry, particularly batteries. So Indonesia can reduce ... , Saligroup, Michelin, Krakatau Steel, Posco, and EGCO Group ... TPIA has acquired Krakatau Steel’s subsidiaries as it ...
Special Updates Jan 11, 2024 | 6:15 pm

Everything Must Go According to Plan: Jokowi on Export Restrictions

... in the country. Indonesia has banned exports of ... to develop the domestic industry. It enforced such restrictions ... Government data shows that Indonesia has attracted Rp 1,053 ... steel production. The International Monetary Fund (IMF) in June also told Indonesia ...
Business Oct 24, 2023 | 10:43 am

Jokowi-Xi Jinping Talks: Indonesia Wants Stronger Investment Ties

... , spare parts factories, petrochemical refineries, steel production," Jokowi posted on social ... . Indonesia has been trying to develop its domestic EV battery industry, among ... visions: Jokowi’s dream of turning Indonesia into a "global maritime fulcrum" and ...
News Oct 18, 2023 | 10:04 am

Downstream Mineral Processing Set to Enhance Merdeka Copper's Performance

... players in Indonesia's electric vehicle battery industry. MBMA hosts ... go to stainless steel production. As the ... the company’s commitment towards Indonesia’s mineral downstream policy. ... Indonesia is currently sparing no effort to build its processing industry ...
Special Updates Oct 11, 2023 | 12:17 pm

European Investor to Build Nickel Smelter in Indonesia: Gov't

... was detrimental to its stainless steel production. Despite the lawsuit, ... some European investment in Indonesia's nickel downstream industry. "We are currently ... “Jokowi” Widodo often lauds Indonesia’s nickel downstream processing industry as a huge economic ...
Business Oct 10, 2023 | 3:12 pm

Indonesia Defends Nickel Appeal Amid WTO's Appellate Body Crisis

... in a queue, including Indonesia’s ongoing dispute with the ... ban can hamper its stainless steel production. In response, ... of Indonesia’s grand strategy of pursuing the downstream industry to ... exported. This is where Indonesia favors processing its abundant ...
Business Oct 3, 2023 | 8:37 pm

Looming Bauxite Export Ban Not Well-Thought-Out: Think Tank

... , but also include stainless steel. ... We may be ... Indonesia should focus on in developing its bauxite industry ... industry, including who would consume our aluminum,” Andry said. Indonesia ... discount,” Andry said. Indonesia has stopped exporting unprocessed ...
Business Jun 1, 2023 | 12:39 pm

Tech Transfer: Why Indonesia Likes Partnering with China

... downstream nickel industry, of which $14.3 billion were iron and steel exports ... . The exports of the downstream nickel industry totaled ... possibility of Chinese investment in Indonesia’s EV industry. “We wish to develop ...
Business May 29, 2023 | 11:00 pm

Gov't Hints at European EV Investment in Indonesia

... a hub for the EV battery industry.” Indonesia has the world’s largest nickel ... is now exporting iron and steel. Government data showed nickel downstream ... were iron and steel exports. Read More: Indonesia Aims Big Investment Deals ...
Business Mar 28, 2023 | 10:46 am

Not Just Mining: Indonesia to Build Downstream Marine Industry

Jakarta. Indonesia has plans to expand its downstream industry policy, in which it ... resource for the downstream industry policy is seaweed. Indonesia can try processing ... .3 billion were iron and steel exports. Read More: Indonesia, Papua New Guinea ...
Business Mar 22, 2023 | 7:59 am

Indonesia Set to Become Third-Largest Lithium Battery Producer: Luhut

... government. Indonesia also attributed this high FDI to its downstream industry policy ... iron and steel, rather than unprocessed ores. Read More: Indonesia Wants Win ... could hamper the bloc's stainless steel production. Although the WTO panel ...
Business Mar 16, 2023 | 11:12 am

Indonesia Mulls Halting Copper Ore Exports

... Jokowi Says 19x Increase in Steel Exports Justifies More Downstream ... natural resources,” Jokowi said. “Indonesia is not a closed economy. ... here and run your industry in Indonesia so that we can ... rush of the EV industry in Indonesia because the materials for ...
Business Jan 31, 2023 | 11:22 pm

S. Korea to Make Indonesia Production Base in ASEAN with IK-CEPA

... steel, according to its government official on Thursday. The Indonesia ... elimination of tariffs on steel, auto parts, and ... South Korean investors in Indonesia. Hyundai invested a whopping ... Indonesia is not only about investing in the automotive industry ...
Business Jan 26, 2023 | 7:46 pm

State Banks Pledge to Support Indonesia’s Industrial Downstreaming

... Jokowi” Widodo’s behest, Indonesia is currently focusing on ... back. The banking industry is committed to ... Indonesia has banned exports of unprocessed nickel ores —a critical component for steel ... steel industry. The WTO ruled in the favor of the EU, but Indonesia ...
Special Updates Jan 18, 2023 | 10:41 am