[SMM Aluminum Express News] PT Kayong Power Nusantara, a subsidiary of Harita Group, plans to invest IDR 45.79 trillion (~USD 2.72 billion) in an integrated power project to support the alumina and aluminum complex at Pulau Penebang Industrial Park (KIPP) in North Kayong Regency, West Kalimantan. This dedicated power development will provide reliable energy for the ongoing alumina refinery and aluminum smelter projects led by Harita's PT Dharma Inti Bersama (DIB) at the same site (National Strategic Project/PSN status). The overall industrial venture (alumina + aluminum) is estimated at IDR 50–59 trillion, with operations targeted from 2027 onward.

On June 6, 2025, Allison Ju, Senior Manager of SMM's Aluminum Overseas Sales Team, and Cathy Liu, SMM's Aluminum Analyst, led a delegation to PT Well Harvest Winning Alumina Refinery (hereinafter referred to as "WHW"), where they held in-depth discussions with WHW's management at its Jakarta office.

On June 6, 2025, Ju Anran, Senior Manager of SMM's aluminum category, and Liu Xinyi, Analyst of SMM's aluminum category, led a delegation to PT Well Harvest Winning Alumina Refinery (hereinafter referred to as "WHW") . They held in-depth discussions and exchanges with WHW's management at its Jakarta office. Company Profile Established in 2015, WHW is the first Smelter Grade Alumina (SGA) alumina refinery in Indonesia. The project was jointly invested by China Hongqiao Group Co. Ltd. (holding 56% stake), PT Cita Mineral Investindo Tbk, a subsidiary of Indonesia's Harita Group (holding 30% stake), Winning Investment (HK) Co., Ltd., and Shandong Weiqiao Aluminum & Power Co., Ltd., with a total investment of approximately $1.3 billion. As of year-end 2020, the paid-in capital had reached $1.2 billion. The plant is located in Sungai Tengar District, Mekar Utama Village, Ketapang County, West Kalimantan Province, covering an area of over 1,000 hectares. The first phase, with an annual production capacity of 1 million mt, commenced operations in June 2016 and was expanded to 2 million mt/year in 2022. It is equipped with a steam power plant, an international-standard wharf, and employee dormitory areas. Its products not only meet the demand of local aluminum smelters in Indonesia but are also exported to major markets such as China, India, and Malaysia. During the discussions, both sides explored core issues including WHW's existing production capacity, the composition of raw material and electricity costs, and the promotion of green and low-carbon production technologies. Through communication, both sides enhanced their understanding, further solidified the foundation of mutual trust, and reached preliminary intentions in potential areas such as technological cooperation, raw material exchange, and joint R&D. This visit not only laid a solid foundation for establishing a long-term and stable cooperative relationship in the future but also opened up new opportunities for jointly promoting the green and sustainable development of Indonesia's alumina industry.

The State Council Information Office held a press conference at 10 a.m. today. Xiao Weiming, Deputy Secretary General of the National Development and Reform Commission (NDRC), along with relevant officials from the Ministry of Education, the Ministry of Civil Affairs, the Ministry of Finance, the Ministry of Human Resources and Social Security, and the National Health Commission, introduced policies on further safeguarding and improving people's livelihoods, and answered questions from journalists. Ministry of Finance: Accelerating the Establishment and Implementation of a Childcare Subsidy System Ge Zhihao, head of the Social Security Department of the Ministry of Finance, stated at the State Council Information Office press conference that, in terms of services for the elderly and children, the Ministry of Finance actively collaborates with relevant departments to improve the elderly care and childcare service system, promotes community-supported home-based elderly care services, strengthens care services for the disabled elderly, facilitates the high-quality development of inclusive childcare services, and accelerates the establishment and implementation of a childcare subsidy system. Relevant work is being expedited to better meet the people's service needs for the elderly and children. This year, the national budgetary allocations for education, social security, and employment expenditures are both close to 4.5 trillion yuan. At the conference, Ge Zhihao introduced that people's livelihoods are closely related to the vital interests of the people. In 2025, fiscal investment in people's livelihoods will be further increased. The national budgetary allocations for education, social security, and employment expenditures are both close to 4.5 trillion yuan, with increases of 6.1% and 5.9%, respectively. Expenditures on health and other areas will also maintain relatively high growth rates, aiming to strengthen the "safety net" for people's livelihoods and continuously enhance the people's sense of gain, happiness, and security. Implementing National Pooling and Adjustment of Pension Insurance, Benefiting Over 300 Million Elderly People Ge Zhihao stated that the national monthly minimum basic pension standard for urban and rural residents borne by the state finance will be increased by another 20 yuan, and the basic pensions for retirees will also be appropriately raised. To ensure the timely and full payment of these benefits, the central finance will further increase subsidies this year and implement national pooling and adjustment of pension insurance, benefiting over 300 million elderly people. NDRC Deputy Secretary General: The Central Budgetary Investment Scale Supporting Social Undertakings This Year is Expected to Increase by Over 30% Compared to the End of the 13th Five-Year Plan Period Xiao Weiming, Deputy Secretary General of the National Development and Reform Commission (NDRC), stated at the State Council Information Office press conference that the central budgetary investment scale supporting social undertakings this year is expected to increase by over 30% compared to the end of the 13th Five-Year Plan period. While organizing and implementing "hard investment" projects, the NDRC will also accelerate the introduction and implementation of measures for "soft construction," improve the dual-wheel drive of "projects + policies," promote the replacement of mechanisms through investment, and strive to fully realize the benefits of addressing weaknesses, expanding domestic demand, and benefiting people's livelihoods. A number of major strategic tasks, policy initiatives, and engineering projects in the field of people's livelihood will be proposed. Xiao Weiming stated that the National Development and Reform Commission (NDRC) will implement the decisions and arrangements of the CPC Central Committee. Based on thorough surveys, it will collaborate with various sectors to formulate the "15th Five-Year Plan," proposing a number of major strategic tasks, policy initiatives, and engineering projects in the field of people's livelihood, and integrating the construction of people's livelihood into the national development blueprint for the "15th Five-Year Plan." Enhance the overall coordination and systematic integration of people's livelihood policies, and improve the policy coordination mechanism. Xiao Weiming noted that people's livelihood work involves numerous aspects. Strengthening overall coordination and preventing policy fragmentation are essential to achieving a unified approach and joint efforts in advancing this work. The most prominent feature of the "Opinions" is the enhancement of the overall coordination and systematic integration of people's livelihood policies. The main implementing departments of the "Opinions" will strengthen interdepartmental coordination in three aspects: first, strengthening the guiding role of development plans and enhancing the strategic orientation of national development plans; second, improving the policy coordination mechanism and leveraging the coordinating role of comprehensive departments; third, balancing "hard investments" and "soft constructions." Focus on key issues in people's livelihood and propose targeted policies to ensure that the general public feels a tangible sense of gain. Xiao Weiming stated that the "Opinions on Further Ensuring and Improving People's Livelihood and Addressing Urgent Needs and Concerns of the Masses" propose not only enhancing fairness and balance in institutional construction such as strengthening social security and providing basic public services but also focusing on key issues in people's livelihood, such as ensuring access to quality education, healthcare, affordable elderly care and childcare services, and diversified social services. Targeted policy initiatives will be proposed to ensure that the general public feels a tangible sense of gain. Xiao Weiming cited examples, noting that to address the issue of increasing income for low-income rural populations, the "Opinions" clearly propose implementing actions to enhance skills and increase income for low-income rural populations. This involves promoting industrial development to facilitate employment, improving skills, strengthening development-oriented assistance, and helping low-income populations achieve prosperity through their own efforts. To ensure that basic pension insurance benefits urban and rural residents and improve the level of protection, the "Opinions" clearly propose optimizing the contribution tier settings for basic pension insurance for urban and rural residents, reasonably determining the level of contribution subsidies, and appropriately increasing the flexibility of contributions. Additionally, the "Opinions" propose orderly promoting the cross-provincial pooling of personal accounts in the basic medical insurance for employees, allowing more insured employees to transfer funds across provinces to relatives participating in basic medical insurance. Ministry of Education: Gradually achieve full coverage of standardized construction of compulsory education schools within about five years. Guo Peng, Director-General of the Department of Development Planning at the Ministry of Education, stated that in the field of basic education, the Ministry of Education will further improve the mechanism for coordinating and allocating educational resources in response to demographic changes, focusing on three main aspects. The first is "expanding the total capacity." We will focus on the prominent issue of insufficient high school places and build, renovate, or expand over 1,000 high-quality regular high schools. The second is "improving quality." We will gradually achieve full coverage of standardized construction of compulsory education schools within around five years. By implementing the "Yunnan Zhenxing Lead Industry Co., Ltd. {{Company}} Plan for County High Schools," we will focus on improving the basic schooling conditions and enhancing the educational standards of regular high schools in counties. The third is "promoting equity." We will reasonably plan the enrollment scales of regular high schools and secondary vocational schools, accelerate the expansion of the proportion of high-quality regular high school enrollment indicators allocated to schools, primarily distributing them to junior high schools within the region based on student numbers, and giving priority to rural and other schools. We will promote the enjoyment of equal rights for eligible agricultural migrant populations as those with household registration in the destination areas. We will coordinate the use of central budgetary investments and ultra-long-term special treasury bonds to support universities in continuously improving their schooling conditions. Guo Peng stated that in the field of higher education, this year's undergraduate enrollment expansion in "Double First-Class" universities is good news for students who have just taken the college entrance examination. Next, we will focus on promoting the improvement and expansion of higher education in three aspects. The first is "improving conditions." We will coordinate the use of central budgetary investments and ultra-long-term special treasury bonds to support universities in continuously improving their schooling conditions. The second is "optimizing structure." We will promote the appropriate allocation of new higher education resources to populous provinces in central and western China. We will support the establishment of new-type research universities and high-level Sino-foreign cooperative education institutions. The third is "integrating industry and education." We will guide universities to improve the mechanism for adjusting academic disciplines and majors based on the needs of economic and social development, strengthen practical training in industries and enterprises, and enhance students' employability and entrepreneurial capabilities. Ministry of Civil Affairs: Actively Promoting the Introduction of the Social Assistance Law to Provide Legal Support for Basic Livelihood Security Zhang Wei, head of the Social Assistance Department of the Ministry of Civil Affairs, stated at a State Council Information Office press conference that strengthening support for low-income groups is an important measure to ensure and improve basic livelihoods and address the urgent needs and concerns of people in difficulty. Next, the Ministry of Civil Affairs will further improve the social assistance system and mechanisms, strengthen policy implementation, and promote the fairer, more balanced, and sustainable implementation of various assistance and support measures for people in difficulty. Firstly, we will further expand the monitoring scope and accelerate the construction of a national dynamic monitoring information platform for low-income populations. At the same time, we will actively promote the introduction of the Social Assistance Law to provide strong legal support for basic livelihood security. Secondly, we will further strengthen digital empowerment, emphasize targeted assistance, and formulate methods for identifying low-income populations and verifying the economic status of low-income families. We will strengthen the sharing and comparison of social assistance information. Finally, the Ministry of Civil Affairs will further strengthen organizational coordination, give full play to the role of coordination mechanisms such as the joint meetings of social assistance work leading groups at all levels, strengthen the connection between government assistance and charitable support, and form the greatest possible assistance synergy. Ministry of Human Resources and Social Security: Lifting Residency Restrictions for Flexible Workers to Participate in Social Insurance in Their Place of Employment At a press conference, Zhai Yanli, Director of the Social Insurance Administration Center of the Ministry of Human Resources and Social Security, stated that they will continue to deepen reforms in accordance with the requirements of the "Opinions," promote high-quality expansion of social insurance coverage, and focus on flexible workers, migrant workers, individuals in new forms of employment, and college graduates when formulating social insurance policies that better suit new employment patterns and income characteristics. They will implement the lifting of residency restrictions for flexible workers to participate in social insurance in their place of employment, adopt more flexible methods for social insurance contributions, and actively guide eligible flexible workers to participate in enterprise employee pension insurance in their place of employment or their place of household registration. They will steadily and orderly expand the pilot program for occupational injury insurance for individuals in new forms of employment, gradually expanding the pilot scope by improving policies such as premium rates. National Health Commission: Increasing the Supply of Inclusive Childcare Services Through Multiple Channels At a State Council Information Office press conference, Zhuang Ning, Director of the Department of Planning, Development, and Informatization of the National Health Commission, stated that in the next step, they will continue to adhere to the people-centered development philosophy and increase the supply of inclusive childcare services through multiple channels in three aspects. In terms of accelerating the construction of an inclusive childcare service system, they will build a "1+N" childcare service system with a comprehensive childcare service center as the hub and a network of childcare institutions, community-embedded childcare, kindergarten-based childcare, employer-provided childcare, and family childcare points to enhance inclusive childcare services. In terms of vigorously developing integrated childcare and early childhood education services, they will summarize local experiences and practices, coordinate resources for childcare services for children aged 0-6, improve supporting measures, support eligible kindergartens to offer childcare classes, and promote the coordinated and sustainable development of preschool education and childcare services. In terms of effectively improving the quality of childcare services, they will promote the support of medical institutions for the development of childcare services, guide various regions to advance the standardized and professional development of childcare services through measures such as renovating facilities and equipment of childcare service institutions, conducting quality assessments, providing personnel training, and implementing safety inspections, while ensuring safety and health standards.

As a key material in fields such as aerospace, integrated circuits, and high-speed rail transportation, high-end copper alloys have increasingly prominent strategic importance. Despite China's copper semis production and consumption ranking first globally for consecutive years, with a self-sufficiency rate of 96% for general copper semis, high-end copper alloy products still heavily rely on imports. To address this "chokehold" challenge, SMM recently initiated an industry resource integration proposal, collaborating with upstream and downstream enterprises in the industry chain, as well as research institutions, to meticulously produce the "2026 China Copper Alloy Materials Sourcing Guide" , aiming to advance the localisation process of high-end copper alloy materials and facilitate the transition from a "major material producer" to a "powerful material producer". Wenzhou Yuanding Copper Industry Co., Ltd. actively participated in the joint production of the sourcing guide as a partner, jointly promoting the healthy and rapid upgrading of China's copper alloy materials industry chain. Wenzhou Yuanding Copper Industry Co., Ltd. is a national high-tech enterprise specializing in the production of high-precision red copper and brass sheets & plates, as well as copper strip. The company currently occupies an area of 26,754.8 m², with a factory space of 23,000 m² and a total investment of 172 million yuan. Equipped with advanced copper strip processing equipment and technology, it adopts domestically advanced processes such as hot rolling with large ingots (weighing over 4 mt), face milling after hot rolling, bright annealing, constant pressure, constant roll gap, and automatic thickness control cold rolling. By perfectly integrating advanced annealing equipment with advanced cold rolling equipment, the company produces products with high precision, stable performance, and a clean, bright surface. These products are widely used in numerous industries, including electronics, power, machinery, instrumentation, household appliances, transportation, NEVs, aerospace, chemicals, and building materials. The company has now formed an annual production capacity of 50,000 mt of high-precision red copper and brass strip, with products sold in over ten provinces, municipalities, and autonomous regions across the country. In 2021, the company's total industrial output value exceeded 1 billion yuan, earning it the title of Meritorious Enterprise of 2021. The company operates in full compliance with a modern enterprise management system, having passed certifications including National High-Tech Enterprise, ISO9001:2015 Quality Management System, ISO14001:2015 Environmental Management System, ISO45001:2018 Occupational Health and Safety Management System, ISO/IEC2000 Information Technology Service Management System, ISO/IEC27001 Information Security Management System, IATF 16949:2,016 Automotive Quality Management System, GRS Certification, Integration of Informatization and Industrialization Management System, Zhejiang Province High-Growth Tech-Based Small and Medium-Sized Enterprise, Municipal "Integration of Informatization and Industrialization" Demonstration Enterprise, Zhejiang Province Hidden Champion Cultivation Enterprise, Longgang City Mayor's Quality Award Enterprise, Longgang City Industry-Talent Integration Party Building Alliance Practice Base, Wenzhou City's First Batch of Industry-Education Integration Sites, and AAA-Level Credit Enterprise Certification for Corporate Credit Evaluation. The company is a governing unit of the China Nonferrous Metals Fabrication Industry Association. It has collaborated with the School of Materials Science and Engineering at Shanghai University in "industry-university-research" cooperation, establishing the Yuanding Municipal Enterprise Technology Research and Development Center for High-Precision Copper Plate/Sheet and Strip. The center has developed high-value-added, high-grade copper strip products such as high-precision brass strip for casings, ultra-thin wide brass strip, high-strength and high-conductivity copper-magnesium alloy strip, and high-precision ultra-thin foil strip. Over the years, the company has focused on creating manufacturing equipment suitable for upgrading the quality of copper strip products, enabling its products to match the quality of imported products in terms of mechanical properties and dimensional tolerances, thereby strengthening the company's position in the copper strip industry. Currently, the company holds 3 invention patents and 37 utility model patents. Guided by the principle of "scientific management, ensuring high-quality products, honest service, and maintaining market reputation," the company wholeheartedly provides first-class products and services to a wide range of users. Over the years, the company has been awarded various honorary titles, including Growth Enterprise, Top 100 Enterprise, and Meritorious Enterprise. Meanwhile, the company has established the Yuanding Copper Foundation, actively participating in charitable endeavors to assist those in need, particularly in supporting impoverished primary and secondary school students in their education and elderly individuals. It has successively received honorary titles such as "Micro-Wishes for the Elderly," "Charity Star," and "Charity Pacesetter" from the Civil Affairs Bureau and the Charity Federation. The company has also collaborated with the Shanghai University Education Development Foundation to establish the "Yuanding Copper Scholarship," aimed at supporting the School of Materials Science and Engineering at Shanghai University. Yuanding products are popular in the domestic market, serving as upstream suppliers for renowned enterprises such as Galanz, Huawei, Gree, Sichuan Aerospace, and Tianqi. Wenzhou Yuanding Copper Co., Ltd. Company Address: No. 4555, Shiji Avenue, Longgang City, Wenzhou City, Zhejiang Province Postal Code: 352802 Switchboard: 0577-68002995 Fax: 68.003 million Sales Department: 0577-68001888 Fax: 68.0019 million Company Website: http://ydcopper.cn Company Email: ydty@ydcopper.cn Click here to receive the "2026 China Copper Alloy Materials Sourcing Guide" for free. SMM Contact Person Bao Jinyong 13159338158 baojinyong@smm.cn

PT Trimegah Bangun Persada Tbk (NCKL), or Harita Nickel, reported a net profit of IDR 1.66 trillion in Q1 2025, a 19.4% increase from the previous year, driven by operational efficiency and the completion of its ferronickel (FeNi) smelter using RKEF technology, which reached full capacity in March and contributed 43,873 tons of nickel content. The company generated IDR 7.13 trillion in revenue, with 5.49 million wmt of nickel ore sold and 30,263 tons of nickel produced from HPAL operations. Despite falling global nickel prices—the lowest since 2020—Harita Nickel focused on cost-cutting, began constructing a quicklime plant to support HPAL, and advanced its sustainability initiatives. These included completing international audits (IRMA and RMAP), conducting a landscape-level nature risk assessment, increasing renewable energy use by 29.8% year-on-year, and planting thousands of mangrove seedlings in Halmahera. Harita aims to continue optimizing assets, enhancing efficiency, and integrating long-term sustainability and innovation into its operations.