工业用金属

After conquering nickel, Indonesia sets its sights on aluminium

Analysts fear Chinese-funded build-up of smelters will lead to oversupply

The Indonesian island of Bintan, a short ferry ride from Singapore, is a popular weekend getaway for the city-state’s residents but recently it has become home to a more prosaic type of guest: Chinese aluminium companies.

In the island’s south-eastern corner, a facility majority-owned by China’s Shandong Nanshan Aluminium has become one of south-east Asia’s largest producers of alumina, the metal’s primary input.

The vast industrial park is part of a surge of Chinese investment that is reshaping Indonesia into a significant producer of aluminium, used in everything from household goods to defence and AI data centres.

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