{
    "success": true,
    "data": {
        "id": 1646828,
        "msgid": "inalums-rp14-trillion-downstream-project-in-west-kalimantan-heres-the-progress-1774961847",
        "date": "2026-03-31 19:20:05",
        "title": "Inalum's Rp14 Trillion Downstream Project in West Kalimantan: Here's the Progress",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Mining",
        "summary": "PT Indonesia Asahan Aluminium (Inalum) is advancing its Smelter Grade Alumina Refinery (SGAR) Phase 2 project in Mempawah, West Kalimantan, valued at US$882 million (approximately Rp14.8 trillion), which involves collaboration with fellow state-owned enterprises PT Aneka Tambang and PT Bukit Asam. The project, aimed at producing 1 million tonnes of alumina annually to supply a second aluminium smelter, is currently finalising its bankable feasibility study and targeting a final investment decision this year, with operations set to commence in early 2029. This expansion, building on the operational Phase 1, will boost total alumina output in the region to 2 million tonnes per year, supporting Indonesia's downstreaming efforts in the mining sector.",
        "content": "<p>Jakarta, CNBC Indonesia - PT Indonesia Asahan Aluminium (Inalum) has\nrevealed the latest developments on the Smelter Grade Alumina Refinery\n(SGAR) Phase 2 project in Mempawah, West Kalimantan. This project\nrepresents an expansion of the SGAR Phase 1, which was developed\nearlier.<\/p>\n<p>Inalum\u2019s President Director, Melati Sarnita, stated that the company\nis currently completing several crucial stages before entering the\nconstruction phase. The project\u2019s progress is at the stage of finalising\nthe preparation of a bankable feasibility study and the investment\ndecision-making process or final investment decision (FID).<\/p>\n<p>\u201cWe target the FID this year, and we will still carry out the EPC\nprocess and completion until the end of 2028, and it can operate in\nearly 2029 together with the second smelter,\u201d Melati said during a\nWorking Meeting with Commission VI of the House of Representatives,\nTuesday (31\/3\/2026).<\/p>\n<p>On the other hand, Melati explained that the construction of SGAR\nPhase 2 heavily depends on the realisation of the second aluminium\nsmelter project in Mempawah. This is because all alumina production from\nSGAR Phase 2 is designed to supply the needs of that smelter.<\/p>\n<p>\u201cOur need to build SGAR Phase 2 is purely to supply alumina for our\nsecond smelter project in Mempawah,\u201d she added.<\/p>\n<p>As is known, the Nusantara Future Investment Management Agency (BPI\nDanantara) officially commenced construction of the Smelter Grade\nAlumina Refinery (SGAR) Phase 2 project in Mempawah, West Kalimantan, on\nFriday (6\/2\/2026).<\/p>\n<p>The project, with an investment value of US$882 million or\napproximately Rp14.8 trillion, is being built through collaboration\namong state-owned enterprises and subsidiaries of MIND ID, namely PT\nInalum with PT Aneka Tambang Tbk (ANTM) and PT Bukit Asam Tbk\n(PTBA).<\/p>\n<p>Operated through PT Borneo Alumina Indonesia (BAI), the project will\nproduce 1 million tonnes of alumina per year. Combined with the\noperational SGAR Mempawah Phase 1, the total alumina production from\nMempawah will reach 2 million tonnes per year.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/inalums-rp14-trillion-downstream-project-in-west-kalimantan-heres-the-progress-1774961847",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}