Tsingshan Group's Ambitious Target in the Morowali Industrial Area

Transportation & Logistics

Lite

Erlina Fury Santika 28/12/2023 20:10 WIB

URL has been copied

Memuat...

Tsingshan Group is investing in the Morowali industrial area, Central Sulawesi. This Chinese company aims to produce millions of tons of processed nickel, ranging from nickel pig iron (NPI) to stainl

Tsingshan Group's Nickel Processing Production Volume Target in the Morowali Industrial Area (2018)*

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Tsingshan Group's Ambitious Target in the Morowali Industrial Area

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Tsingshan Group's Nickel Processing Production Volume Target in the Morowali Industrial Area (2018)*

Download

Source

A Small Font
A Medium Font
A Bigger Font

The Chinese metal processing giant, Tsingshan Group, has invested up to US$6 billion in the Morowali industrial estate in Central Sulawesi.

This substantial budget wasn't invested alone. According to the Ministry of Industry's website in 2018, Tsingshan Group partnered with Bintang Delapan Group in this investment.

Tsingshan's investment in the Morowali industrial estate aims to produce up to 3 million tons of stainless steel. Additionally, there are targets to produce 2 million tons of nickel pig iron (NPI) and 3.5 million tons of carbon steel per year.

The 3 million tons of stainless steel production will be handled by PT Indonesia Guang Ching Nickel and Stainless Steel Industry (GCNS) (1 million tons); PT Indonesia Tsingshan Stainless Steel (ITSS) (1 million tons); and PT Sulawesi Mining Investment (SMI) (1 million tons). All three are part of the Tsingshan Group.

Tsingshan is a major player in the metal processing industry. The Ministry of Industry also stated that this large-scale project could establish Indonesia as a significant stainless steel producer in the global market.

"In fact, Indonesian stainless steel exported to China is considered a major competitor to domestic products in the Bamboo Curtain country," wrote the Ministry of Industry on its website.

Previously, PT ITSS, part of the Tsingshan Group, came under scrutiny after a nickel smelter explosion resulted in 19 worker deaths and dozens of injuries.

The explosion occurred in the PT Indonesia Morowali Industrial Park (IMIP) area, Morowali Regency, Central Sulawesi, on Sunday, December 24, 2023, at approximately 6:15 AM WITA.

PT ITSS is a legally registered mineral processing and stainless steel production company. They hold an operating permit from 2019 to 2049. The company's headquarters are located in Wisma Mulia Building, South Jakarta.

(See also: PT ITSS Responsible for Nickel Smelter Explosion, Majority Shares Owned by China)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

OIKN Secures IDR 158.73 Trillion in Public-Private Partnership (PPP) Investment Commitments: Here Are the Details

Number of Workers at PT IMIP's Nickel Industrial Zone Continues to Rise from 2020-2025

Trend in the Number of Stock and Other Securities Investors in Indonesia 2017-2024

Indonesia's Manufacturing Industry Competitiveness Ranks 5th in ASEAN

10 Countries with the Strongest Manufacturing Competitiveness

Construction Cost Index of North Morowali Regency, Central Sulawesi Reaches 102.63 Points in 2025

Latest Data Stories

Today's Food Prices (05/12) in Aceh: Onions Up, Red Chili Down Economics & Macro 05/12/2025, 18:51 WIB

Tonight's weather forecast for Konawe Islands: Light rain expected today. Demographics 05/12/2025, 18:32 WIB

Capital: The Main Obstacle for E-Commerce Entrepreneurs in Indonesia Technology & Telecommunications 05/12/2025, 18:25 WIB

Many Illegal Drug and Food Products Circulate in Indonesian Marketplaces Consumer Products 05/12/2025, 17:58 WIB

Today's Food Prices, December 05, in DKI Jakarta: Red Chili and Onion Prices Drop Economics & Macro 05/12/2025, 17:51 WIB

Tabalong Regency's Air Quality Cleanest in Indonesia This Afternoon (5/12) Consumer Services & Health 05/12/2025, 17:49 WIB

Download

Source

Tsingshan Group's Ambitious Target in the Morowali Industrial Area

Tsingshan Group's Ambitious Target in the Morowali Industrial Area

Tags

Related Data

OIKN Secures IDR 158.73 Trillion in Public-Private Partnership (PPP) Investment Commitments: Here Are the Details

Number of Workers at PT IMIP's Nickel Industrial Zone Continues to Rise from 2020-2025

Trend in the Number of Stock and Other Securities Investors in Indonesia 2017-2024

Indonesia's Manufacturing Industry Competitiveness Ranks 5th in ASEAN

10 Countries with the Strongest Manufacturing Competitiveness

Construction Cost Index of North Morowali Regency, Central Sulawesi Reaches 102.63 Points in 2025

Latest Data Stories

Popular Data

Tsingshan Group's Ambitious Target in the Morowali Industrial Area

Tsingshan Group's Ambitious Target in the Morowali Industrial Area

Tags

Related Data

OIKN Secures IDR 158.73 Trillion in Public-Private Partnership (PPP) Investment Commitments: Here Are the Details

Number of Workers at PT IMIP's Nickel Industrial Zone Continues to Rise from 2020-2025

Trend in the Number of Stock and Other Securities Investors in Indonesia 2017-2024

Indonesia's Manufacturing Industry Competitiveness Ranks 5th in ASEAN

10 Countries with the Strongest Manufacturing Competitiveness

Construction Cost Index of North Morowali Regency, Central Sulawesi Reaches 102.63 Points in 2025

Latest Data Stories

Trending Topics

Popular Data