Inalum Exports 7,000 Tons of Aluminum Ingots to China

Inalum Exports 7,000 Tons of Aluminum Ingots to China

PT Indonesia Asahan Aluminium (Inalum) exported 7,000 metric tons (MT) of G-1 Series aluminum ingots to China. This is the company’s first export this year.
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The product loading and shipping process was carried out at Inalum Port in Kuala Tanjung on March 28 and 29, 2024. “This export moment is the company’s step in terms of expanding the aluminum market, especially the global market,” said Inalum Corporate Secretary Mahyaruddin Ende in his statement on Saturday (30/3).

Based on the results of Wood Mackenzie’s research in September 2023, it was stated that in the medium term, the aluminum market balance in Indonesia is projected to experience a surplus. However, the aluminum market in Asia is still experiencing a deficit.

“This is an opportunity for the domestic aluminum industry to be able to expand its market share in the Asian region as well as being a potential for corporations to carry out larger business expansions,” added Mahyaruddin.

Mahyaruddin explained that Inalum produces premium quality aluminum ingots. There are several qualities produced by Inalum, but the most in demand is 99.90 percent.

The first shipment of G-1 Series aluminum ingots in 2024 amounted to 7,000 MT to China. Photo: Doc. Inalumzoom-in-white

The aluminum ingots produced weigh 22.7 kg per bar with two levels of aluminum purity, 99.90 percent and 99.70 percent. The quality of Inalum’s aluminum ingots refers to JIS h2102 (Virgin Aluminum Ingot) and JIS H1305 (Optical Emission Spectrochemical Analysis Method for Aluminum and Aluminum Alloys).

Inalum produces 4 types of aluminum ingots based on purity levels, including S1-A (99.92 percent), S1-B (99.90 percent), S2 (99.85 percent), and G1 (99.70 percent).

Aluminum Ingots generally require a remelting process so that they can be formed into various end products, such as automotive components, building construction, and others. Inalum is currently the only national corporation engaged in aluminum smelting and processing.

“Inalum is currently also focusing on completing several strategic projects, especially to increase its production capacity gradually and is expected to reach a production figure of up to 900 thousand tons in the next 5 years,” concluded Mahyaruddin.

source: https://kumparan.com/kumparanbisnis/inalum-ekspor-7-000-ton-aluminium-ingot-ke-china-22S0KYjPZxi/full