Held in conjunction with:
MINING DIGITALIZATION AND TECHNOLOGY EXPO
Background
The government has set target to complete the development of 30 mineral smelters through 2022 when Indonesia will start banning export of mineral concentrates.
Of the 30 planned smelters, 16 are nickels smelters, three copper smelters, five bauxite smelters, two iron smelters and four lead and zinc smelters.
Data from the Ministry of Energy and Mineral Resources shows that as of December 2018, 27 smelters have been completed that consisted of 17 nickel smelters, two copper smelters, two bauxite smelters, four iron smelters, and two manganese smelters.
The government in early 2017 introduced a policy allowing mineral miners to resume export of mineral concentrates under certain conditions including requirement to develop domestic smelters to allow the country to generate greater value from the mineral commodities.
Mineral miners are required to develop domestic smelters as part of conditions to allow them to continue export of mineral concentrates as the government wants the country's mineral commodities to be refined at home to generate greater value.
Their smelter projects will be audited by an independent auditors every six months. The project must show at least 90 percent progress in every six months. Miners failing to deliver significant progress will be subject to sanction including suspension of export permit and financial penalty.
There has been criticism that construction of the smelter projects have been moving at a snail's pace due among others to financing challenges and recent weakening of the commodity prices.
Meanwhile, the Electric Vehicle (EV) boom is expected to be a game-changer for nickel. The continued focus toward cleaner energy solutions, has meant battery metals, particularly nickel, cobalt, copper, manganese and lithium showing strong momentum on the excitement surrounding battery storage demand, the expanding EV market, renewables, and our hunger for more and more consumer technology. The major worldwide push to promote EVs as a way of cutting emissions from fossil-fuelled vehicles has already resulted in increased primary nickel consumption in lithium-ion batteries.
Last year, EV batteries accounted for roughly 4% of total nickel demand.
Aside from metal commodities, opportunities of gold mining investment in Indonesia is still very large considering the attractiveness of gold price, the opportunity of the new discovery and the development of processing technology.
The conference would discuss the outlook, opportunities and challenges in making investment in nickel, aluminum, copper, lead, zinc, nickel and gold. The conference would also explore the development of downstream industry in metal industry in Indonesia.
The conference would be held in conjunction with the Mining Digitalization and Technology Expo.
Session Highlights at this Conference
- Government policy to accelerate the development of smelter before the 2022
- Opportunities and challenges to build smelters in Indonesia
- Opportunities and challenges of mineral investment in Indonesia
- Trends in Merger & Acquisition (M&A) activity from investment banker’s perspective
- Price trends and forecast for major metals and mining products
- Financing issues to consider mineral investment in current market conditions
- Global supply and demand trend of copper, aluminium, nickel, cobalt, manganese, Lead and zinc.
- Trend of nickel use and demand in the now booming Electric Vehicle (EV)
- Panel Discussion: The future nickel production in Indonesia -- Nickel future supply challenges
- Panel Discussion : The future Alumina production in Indonesia
- Panel Discussion : The future Copper production in Indonesia
- Panel Discussion : The future Manganese production in Indonesia
- Panel Discussion: the future gold production and challenges in investing and acquiring gold mining assets in Indonesia.
- Review on current and upcoming gold mining project outlooks
Floor Plan
Date and Venue
22-23 Oktober, 2019
JW Marriott Hotel, Jakarta
Investment
Rp.7.900.000,-* / Participant
*) Including Conference Materials, Coffee Breaks, Luncheon.
*) Cancellation Fee : 7 days before the event : 80%
For registration, Booth and Sponsorship Opportunities, please contact
Telephone : +62-21-2245 8787
Email: businessevents@petromindo.com
For Speaking Opportunities
Adianto P. Simamora
Telephone : 081513304185
Email: adianto@petromindo.com