PT Indonesia Morowali Industrial Park (PT IMIP) has reported a total production of Nickel Pig Iron (NPI) commodities in the IMIP industrial area amounting to 4.76 million tons, which were exported to China and several other countries.
In addition to reporting the production of various commodities in the IMIP area, PT IMIP also provided updates on its total accumulated investments, work plans for the coming year, and the development of a solar power plant (PLTS) scheduled for 2025.
IMIP has already exported NPI to China and several other countries, contributing foreign exchange earnings of USD 14.45 billion, or approximately IDR 232.6 trillion (at an exchange rate of IDR 16,100), during the period from January to November 2024.
The Communications Director of PT IMIP, Emilia Bassar, stated that NPI (Nickel Pig Iron) is an iron product with nickel content below 15%. Although its sulfur and phosphorus content is higher than that of ferronickel (FeNi), this commodity remains a key export product of the IMIP industrial area.
"For NPI alone, we have produced a total of 4.76 million tons, and then 4.2 million tons of stainless steel. This is a substantial amount for the total production of commodities produced in the IMIP Industrial Area over the past 11 years," said Emilia Bassar, Director of Communications at PT Indonesia Morowali Industrial Park, during a press briefing in West Jakarta on Wednesday (December 18).
Over the past 11 years, Emilia explained that the IMIP industrial area has also produced various other commodities, such as 4.2 million tons of stainless steel slab, 2 million tons of hot rolling steel coil, and 1.4 million tons of cold rolling steel coil.
Other products include 821,000 tons of Mixed Hydroxide Precipitate (MHP), 750,000 tons of electrolytic aluminum, 140,000 tons of electrolytic nickel, and 600,000 tons of nickel iron wires.
Furthermore, Emilia mentioned that the IMIP area is currently home to around 60 tenant companies, both domestic and international. Some of the companies already operating include PT Sulawesi Mining Investment, PT Indonesia Guang Ching Nickel and Stainless Steel Industry, and PT Indonesia Tsinghan Stainless Steel.
“We have over 60 tenants such as PT Yong Wang Indonesia, PT Oracle Nickel Industry, and PT Detian Coking Indonesia. Additionally, there are construction projects like PT Green Eco Nickel and PT Chengtok Lithium Indonesia,” Emilia added.
As the area continues to develop, the investment value in PT IMIP has been steadily increasing. By August 2024, the accumulated investment reached US$ 34.3 billion, or around IDR 552.5 trillion, a rise of USD 4.2 billion compared to 2023.
In addition to contributing foreign exchange and increasing investments, PT IMIP also contributes to state revenues through taxes. In 2023, the company paid taxes totaling USD 1.16 billion.
IMIP has also seen a significant increase in workforce absorption. In 2024, the number of workers in the Morowali area reached 84,859, a sharp increase from 35,952 workers in 2020.
"Every time a new factory is completed, the average increase in workers can reach 1,000 people per month," explained Emilia.
In the coming year, PT IMIP will prioritize three strategic issues: accelerating nickel downstreaming, strengthening the electric vehicle battery raw material cluster, and developing power plants based on New and Renewable Energy (EBT).
"We have also operated over 130 electric dump trucks as part of our commitment to supporting environmental sustainability," Emilia concluded.
Furthermore, IMIP announced plans to prepare power plants based on New and Renewable Energy (EBT). IMIP is committed to promoting the use of clean energy, with one of its tenants already operating a Gas-Fired Power Plant (PLTGU). IMIP plans to develop a solar power plant (PLTS) next year.
