ZINC to Operate First Lead Smelter in Indonesia by End of 2021

By : Nata Kesuma | Tuesday, November 30 2021 - 20:12 IWST

PT Kapuas Prima Coal Tbk (“ZINC”)
PT Kapuas Prima Coal Tbk (“ZINC”)

INDUSTRY.co.id - Jakarta, November 29, 2021 – PT Kapuas Prima Coal Tbk (“ZINC”), a listed company in Indonesia that produces base metal, has completed the construction of a lead (Pb) smelter in its operational area, in Pangkalanbun, Central Kalimantan.

This lead smelter is the only lead smelter in Indonesia will be operated by of one of ZINC's subsidiaries, Kapuas Prima Citra, with a total investment cost of US$ 15 million.

Director of ZINC, Evelyne Kioe said, "When it is operational, the targeted output capacity for lead production from the smelter is to reach 20,000 tonnes of bullion per year. From the additional smelter production, we hope to be able to provide additional revenue of US$ 60-80 million next year.”

The ZINC lead smelter construction process has been started since 2016 and is planned to start operating in December 2021. In operating the smelter, the Company continues to maintain environmental sustainability by fulfilling the Environmental Impact Analysis or AMDAL. All waste will later be reused prevent its disposal and have them become hazardous waste.

In addition to the lead smelter that has been completed, ZINC is also building a smelter for zinc (Zn). The construction   of   the zinc smelter   is   currently   under  way   with the construction progress reaching 82.89% in the third quarter of 2021 and is expected to start operating in the first quarter of 2023 with a production capacity of 30,000 tonnes of ingots per year.

For information, by September 2021, ZINC recorded sales of IDR612.6 billion, an increase of 61.0% compared to the same period in 2020. Meanwhile, ZINC's net profit also jumped 148.0% or IDR65.4 billion from IDR26.4 billion in the same period in the previous year. This achievement was driven by sales of Zinc (Zn) which reached IDR260.4 billion and Lead (Pb) IDR96 billion.


News Comment

Today's Industry

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…