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Jumat, 24 Januari 2025

Strengthening Mineral Downstreaming, Vice Minister of Investment and Downstream Industry Launches Rp1.2 Trillion Tin Processing Project in Batam

Batam, January 24, 2025 – Vice Minister of Investment and Downstream Industry/Vice Chairman of the Investment Coordinating Board (BKPM) Todotua Pasaribu inaugurated the groundbreaking of a tin downstreaming project in Batam City, Riau Islands Province, on Friday (January 24). This project is a strategic step in supporting the downstreaming program initiated by the Government of the Republic of Indonesia.


The project includes the construction of a tin chemical facility by PT Batam Timah Sinergi (BTS) and a tin solder facility by PT Tri Charislink Indoasia (TCI), both of which are subsidiaries of PT Cipta Persada Mulia (CPM). With an initial investment and working capital of Rp1.2 trillion, this facility is designed to become one of the largest tin downstreaming centers in the world.


“Today we witness an important moment in the transformation of the national tin industry. Downstreaming is key to ensuring that Indonesia's natural resources are utilized optimally, not just as raw commodities, but as high-value products that are globally competitive,” said the Vice Minister in his speech.


Vice Minister Todotua mentioned that PT Cipta Persada Mulia, as the parent company, plays a strategic role in the national tin industry. The company's activities include tin ore mining through Mining Business Licenses (IUP) and the production of tin ingots at its smelter.


“The tin ingot products are then further processed by BTS for tin chemical production and by TCI for the development of tin solder and tin heat stabilizers,” Todotua explained.


The groundbreaking of BTS is conducted to support the construction of the tin chemical facility, which is currently in the early stages of land preparation. Meanwhile, TCI has already entered the commissioning and full production phase.


Todotua stated that this project aligns with the National Downstreaming Roadmap, which aims to make Indonesia the second-largest tin producer in the world by 2045. In addition to creating world-class production facilities, this project is expected to open new economic opportunities, create jobs, and strengthen the industrial ecosystem, especially in the Riau Islands region.


“Indonesia, as the country with the second-largest tin reserves in the world, must be able to optimally utilize this resource to increase its added value. Downstreaming of tin commodities in Indonesia is necessary to absorb domestic tin ingot production and develop downstream industries with high global market potential,” added Vice Minister Todotua.


In addition to supporting downstreaming, this project also promotes equitable industrial development outside of Java Island. The strategic location of Batam City, which is close to international trade routes and has adequate logistics infrastructure, provides an advantage in export-import efficiency.


Todotua also emphasized the importance of synergy between the government, business actors, and the community to ensure the success of this project.


“We are committed to supporting the acceleration of licensing, monitoring investment realization, and developing local human resources. We also encourage BTS and TCI to attract more investors to become off-takers of their products, thus creating a sustainable tin industry ecosystem,” he concluded. (*)


For further information, please contact:

Sri Moertiningroem

Head of Protocol and Public Relations Bureau

Ministry of Investment and Downstream Industry/BKPM

Email: humas@bkpm.go.id

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