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Indonesia industrial downstreaming strategy

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2026-09-01 07:43 UTC → 2026-09-09 02:11 UTC · added removed

Indonesia is pursuing a national strategy to transform its mining sector from a raw commodity exporter into an integrated industrial powerhouse. This downstreaming initiative aims to bolster economic sovereignty and integrate the nation into global supply chains by processing natural resources into high-value products. To achieve this, the government is developing a roadmap for 28 strategic commodities through 2045, with a potential investment value of US$618 billion. Plans include narrowing focus to 15 key commodities within the National Medium-Term Development Plan (RPJM) to optimize the oil and gas, minerals, marine, and plantation sectors. Vice Minister of Investment and Downstreaming Todotua Pasaribu noted that the government is preparing three investment strategies: planning, execution, and licensing/incentive policies. Key objectives include achieving aluminum self-sufficiency by 2030 through an integrated ecosystem in West Kalimantan and developing expanding copper refining facilities refining. MIND ID, which holds majority ownership in East Java, such as the PT Freeport Indonesia Manyar smelter. The government (PTFI), is also targeting central to this transition. PTFI is expanding its value chain via the processing Precious Metal Refinery in Gresik, East Java, which processes anode slime into gold and silver with an annual capacity of coal, gold, approximately 50 tons of gold and industrial salt. To support this transition, the state is working to ensure mineral extraction serves as a foundation for national industrialization. 200 tons of silver. Efforts are being made to address also focus on addressing revenue leakage and improve improving regional GDP contributions. Discussions have highlighted the contribution mission of resource-rich regions to the national GDP, utilizing entities like MIND ID and PT Danantara Sumber Daya Indonesia (DSI) to manage close gaps in state wealth and mineral reserves more effectively. management, particularly in resource-rich regions like South Sumatra where mining contributions remain disproportionately low relative to extracted resource values.

Versions

  1. 2026-09-09 02:11 UTC Indonesia industrial downstreaming strategy
  2. 2026-09-01 07:43 UTC Indonesia industrial downstreaming strategy

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