Selasa 24 Sep 2024 05:37 WIB

Erick Thohir: Copper Smelter in Gresik Increases Export Value

Indonesia is poised to become a global player in the mineral derivatives industry.

Rep: Intan Pratiwi/ Red: Budi Raharjo
Freeport Smelter at KEK Java Integrated Industrial and Port Estate, Gresik, East Java, officially operates.
Foto: Kemenko Bidang Perekonomian
Freeport Smelter at KEK Java Integrated Industrial and Port Estate, Gresik, East Java, officially operates.

REPUBLIKA.CO.ID, GRESIK -- SOE Minister Erick Thohir participated in the inauguration of production of Gresik Smelter owned by PT Freeport Indonesia (PTFI). He said from this refining plant project, the value of nickel exports could rise to 40 billion US dollars.

“In the past, the value of nickel exports was only 1-2 billion dollars, but now it has reached 40 billion dollars. It's incredible. After nickel, Mr. President pushed back downstream of gold and copper,” Erick said in Gresik on Monday (23/9/2024).

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Erick explained that Indonesia is ready to become a global player in the mineral derivatives industry. Going forward, he said the government's possible entry into the semiconductor industry would be Indonesia's future, because the raw materials are in Indonesia.

“This is what I mean that we should thank Mr. President. We must maintain this trust and ensure what we are working on today will bring prosperity to our people in the future. Sir, thank you for inaugurating this project and continuing to ensure Indonesia moves forward.” said Erick.