By Dominikus
Guiyang Aluminum & Magnesium Design Institute Co., Ltd. (GAMI), a wholly-owned subsidiary of China Aluminum International Engineering Corporation Limited (Chalieco), has secured a contract for a carbon-based new materials project with PT Anlun New Material Technology, a company 80% controlled by Shanxi Sunlight Coking Group Holding Co., Ltd.
The project aims to establish an annual production capacity of 150,000 tons of electrode paste and 100,000 sets of crucibles. This collaboration marks a significant step in expanding Indonesia’s industrial footprint in the carbon-based material sector, especially in relation to the growing demand for materials in the new energy industry. The value of the contract has not been disclosed at this time.
The project involves the development of facilities primarily focused on producing electrode paste and crucibles, which are crucial materials used in energy-intensive industrial processes such as aluminum smelting and chemical production. These products will play a significant role in supporting Indonesia’s transition toward a more sustainable energy future. Petromindo.com research indicates that the project will be based at the Indonesia Morowali Industrial Park (IMIP) in Central Sulawesi Province, an area that has become a hub for industrial activities and large-scale manufacturing, particularly in the mining and energy sectors.
“Continuously exporting carbon-based technologies, GAMI secured a contract for a carbon-based new materials project with Anlun Chemical in Indonesia, which will formulate an annual production capacity of 150,000 tons of electrode paste and 100,000 sets of crucibles, with significant importance for the development of Indonesia’s new energy industry,” stated Tao Fulun, Chalieco’s Executive Director and Joint Company Secretary, in the company’s 2025 Interim Report, released at the end of August. Although the report mentions the strategic significance of the project, it does not provide specific details regarding the extent of GAMI’s role in the overall scope.
Read also: Shanxi Sunlight plans to develop carbon material project in Indonesia
In its prospectus, published on June 30, 2025, Shanxi Sunlight reaffirmed its commitment to the coal-based new material production project in Indonesia under PT Anlun New Material Technology. Xu Xiaodong, Chairman of Shanxi Sunlight, disclosed that the company plans to invest a total of US$28,664.87 million in the project, which will be funded entirely by Chinese sources. This large-scale investment will allow the construction of several key production facilities, including a 400,000 tons/year coal tar deep processing unit, a 300,000 tons/year carbon black production line, a 150,000 tons/year electrode paste production unit, a 10 million units/year crucible production project, a 1x210t/h subcritical ultra-high temperature carbon black tail gas boiler, and a 1x65MW subcritical ultra-high temperature water-cooled power generator. Additionally, relevant supporting production facilities will also be developed to ensure the smooth operation of the main units.
As of the signing date of the prospectus, the shareholding structure of PT Anlun New Material Technology is as follows: New Sunlight Holding Pte. Ltd. holds 80% of the shares, equivalent to 67,200,000 shares, while HengTong Asia Technology Limited and XiaMen Defeng Investment Co., Ltd. each hold 10%, amounting to 8,400,000 shares each. The total number of shares issued by the company is 84,000,000.
Regarding the minority shareholders, XiaMen Defeng Investment Co., Ltd., established on May 24, 2022, is controlled by Dexin (Xiamen) Industrial Investment Group Co., Ltd., a subsidiary of Shanghai Delong Steel Group Co., Ltd. HengTong Asia Technology Limited, founded on July 31, 2018, is a wholly-owned overseas subsidiary indirectly held by Zhejiang Qingzhan Industrial Co., Ltd..
In addition, a shareholder circular, dated July 22, 2025, was issued by PT Anlun New Material Technology, announcing a reduction in the company’s paid-up and issued capital. The capital was reduced from US$84 million, equivalent to Rp 1.318 trillion, to US$21 million, equivalent to Rp 329.7 billion. According to the circular, parties who object to this decision may file an objection in accordance with Article 45 of Law No. 40 of 2007 on Limited Liability Companies. Objections must be submitted within 60 days from the date of the announcement to the Ministry of Law and Human Rights of the Republic of Indonesia.
Editing by Reiner Simanjuntak
