Bambang Haryadi, the Minister of Energy and Mineral Resources in Indonesia, has recently spoken out about the lack of progress in the downstreaming of tin in the country. Despite efforts to promote the development of a tin industry that adds value to the raw material by processing it into finished products, the process known as “hilirisasi”, Bambang Haryadi expressed his disappointment that the initiative has not been able to reach its full potential.
Tin has long been a valuable commodity in Indonesia, with the country being one of the largest producers of the metal in the world. However, much of the tin produced in Indonesia is exported in its raw form, with little value added through processing. This has resulted in missed opportunities for job creation and economic growth that could come from a thriving tin industry.
Bambang Haryadi emphasized the importance of advancing the downstreaming of tin in Indonesia in order to maximize the benefits of the country’s natural resources. He pointed out that other countries such as China and Malaysia have successfully developed their tin industries, producing a wide range of products such as electronic components and packaging materials. Indonesia, with its abundance of tin reserves, has the potential to do the same.
In order to overcome the challenges hindering the development of the tin downstreaming industry in Indonesia, Bambang Haryadi called for stronger collaboration between the government, industry stakeholders, and research institutions. He stressed the need for investment in technology and infrastructure to support the processing of tin into higher value-added products.
Despite the current setbacks in the hilirisasi of tin in Indonesia, Bambang Haryadi remains optimistic about the future of the industry. He believes that with the right policies and investments, Indonesia can become a global leader in the downstreaming of tin, creating jobs and driving economic growth in the process.
In conclusion, Bambang Haryadi’s comments highlight the importance of advancing the downstreaming of tin in Indonesia in order to fully capitalize on the country’s natural resources. With the right strategies and investments, Indonesia has the potential to develop a thriving tin industry that adds value to its raw material and contributes to economic development.
