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Jakarta Post

Metal industry 'needs boost' to absorb more processed minerals

  • Stefanno Reinard Sulaiman¬†

    The Jakarta Post

PREMIUM
Jakarta   /   Tue, July 9, 2019   /  01:27 pm
The Jakarta Post Image
A worker cuts metal on a dock in Kamal, Madura Island, East Java, in this Jan. 23, 2017 photo. JP/Sigit Pamungkas(JP/Sigit Pamungkas)

  The country’s metal industry needs to improve in order to maximize the full potential of mining resources and, therefore, the government must introduce an integrated policy on the issue, a mining association has said. Djoko Widajatno, the executive director of the Indonesia Mining Association (IMA), said the nation’s metal industry had to improve to help absorb processed minerals. “We’re waiting for the government to boost the metal industry [to get the full benefits of downstream efforts] after we have turned raw materials into half-processed minerals,” he said.   The IMA, the members of which contribute around 70 percent to the country’s mining nontax revenue, believes that the minerals will have the most value only after the commodities are processed further in the metal industry.  There are at least two examples of m...