{
    "success": true,
    "data": {
        "id": 1693852,
        "msgid": "reforminer-states-copper-demand-will-rise-due-to-renewable-energy-and-evs-1776855153",
        "date": "2026-04-22 17:19:29",
        "title": "ReforMiner States Copper Demand Will Rise Due to Renewable Energy and EVs",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Mining",
        "summary": "Pri Agung Rakhmanto, founder of ReforMiner Institute, predicts a surge in copper demand driven by infrastructure, renewable energy, and electric vehicles, which will absorb output from Indonesia's copper smelters. He urges government support to develop downstream industries for optimal growth and appreciates ongoing copper downstreaming efforts that enhance export value. Major mining companies like PT Freeport Indonesia, PT Amman Mineral, and PT Merdeka Copper Gold report substantial reserve increases, bolstered by smelters that add significant value to the commodity.",
        "content": "<p>Founder of ReforMiner Institute, Pri Agung Rakhmanto, stated that\ncopper demand will increase, driven by several sectors including\ninfrastructure and electricity such as cables and transformers, the\nrenewable new energy industry, and the automotive industry, particularly\nelectric vehicles (EVs). \u201cThis will absorb the production of copper and\nprocessed copper (cathode) from copper smelters operating in Indonesia,\u201d\nPri Agung said in a statement received in Jakarta on Wednesday. He\nemphasised that this industrial ecosystem requires support and\nfacilitation from the government to develop optimally. He hopes for\ninvestment ease in downstream sectors absorbing copper to optimise\ndomestic copper production, thereby supporting national economic growth.\nNevertheless, he appreciates the copper downstreaming steps that have\nbeen underway in Indonesia. This is because the value addition from\nexporting raw minerals to copper cathodes is already strong enough to\nimprove Indonesia\u2019s global trade balance in the future. \u201cIf the\nindustrial ecosystem has not yet developed, the existing production will\nbe more absorbed for export,\u201d he said. Currently, Indonesia\u2019s copper\nindustry is dominated by several major mining companies with strategic\nprojects. Among them are PT Freeport Indonesia, a member of the MIND ID\ngroup, PT Amman Mineral Internasional Tbk, and PT Merdeka Copper Gold\nTbk. Each of these companies has different reserve sizes. For example,\nFreeport Indonesia reported that the latest exploration results show\nextractable copper reserves until 2041 have increased to 8 billion\npounds, up from the previous estimate of 7 billion pounds. Meanwhile, PT\nAmman Mineral Nusa Tenggara recorded total mineral reserves of around\n460 million tonnes until 2030. This increase occurred along with the\nstart of the new mining phase, Phase 8, at the Batu Hijau Mine. On the\nother hand, PT Merdeka Copper Gold Tbk reported copper reserve growth\nthrough 2025 to 9.1 million tonnes, or a 6 percent increase. In terms of\nore, copper ore reserves even surged 60 percent to 3.0 million tonnes.\nThe size of these reserves is also supported by the presence of smelters\nthat increase the added value of the copper commodity. Based on research\nfrom the Ministry of Energy and Mineral Resources, the added value from\ncopper smelters can reach around 1.74 times compared to concentrate raw\nmaterials. In the smelting sector, Indonesia already has several active\nsmelters that form the backbone of downstreaming. The main facilities\ninclude those in Gresik, East Java, as well as a new smelter project in\nWest Nusa Tenggara that strengthens domestic processing capacity. If the\nindustrial ecosystem is successfully built in an integrated manner, he\nbelieves this commodity has the potential to become a new growth engine\nwhile increasing domestic economic added value.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/reforminer-states-copper-demand-will-rise-due-to-renewable-energy-and-evs-1776855153",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}