JAKARTA - The Indonesian Mining Industry Holding MIND ID strengthens its strategic role in building a sustainable industrial ecosystem through mineral downstreaming, especially bauxite which is processed into aluminum with high added value.
The effort was carried out through PT Indonesia Asahan Aluminum (Inalum) as the largest aluminum smelter in Indonesia which is now part of MIND ID.
"Bauksit is worth around US$40, after processing it into alumina and then aluminum value can reach up to US$2,800. This is not only a matter of numbers, but also a real contribution to Gross Domestic Product (GDP), job creation, and the establishment of a sustainable industrial ecosystem," said Inalum Head Business and Development Group Al Zufri as reported by ANTARA, Wednesday, August 28.
He added that the Inalum and ANTAM joint ventures, namely PT Borneo Alumina Indonesia as the manager of the Smelter Grade Alumina Refinery (SGAR) in Mempawah, are proof of how solid mineral supply chains are able to create certainty of raw materials for Indonesia's future industrialization.
Downstreaming is the foundation of sustainable industrial development. By 2025, we will fully use domestic alumina in line with the implementation of the Minerba Law," he said.
In addition to the economic aspect, Inalum also supports the national decarbonization agenda. The company has started a substitution program for the use of High-Speed Diesel (HSD) B30 to become Liquefied Natural Gas (LNG) in Baking Plant Inalum which has succeeded in reducing greenhouse gas emissions by 3,700 tCO2e per year.
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Corporate Communication MIND ID Pratiwa Dyatmika menegaskan, hilirisasi merupakan agenda nasional yang dijalankan secara terintegrasi oleh seluruh anggota grup MIND ID.
“Upaya ini bukan hanya meningkatkan nilai tambah sumber daya alam Indonesia, tetapi juga menunjukkan kehadiran negara dalam memperkuat perekonomian nasional. MediaMIND hadir sebagai wadah bagi jurnalis, mahasiswa, dan publik untuk mengulas kontribusi yang MIND ID ciptakan melalui karya jurnalistik yang membangun,” katanya dalam keterangannya di Jakarta pada Rabu.
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MIND ID Pratiwa Corporate Communication Dyatmika emphasized that downstreaming is a national agenda that is carried out in an integrated manner by all members of the MIND ID group.
"This effort not only increases the added value of Indonesia's natural resources, but also shows the state's presence in strengthening the national economy. MediaMIND is here as a forum for journalists, students, and the public to review the contribution that MIND ID created through constructive journalistic work," he said in a statement in Jakarta on Wednesday.
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