en.Wedoany.com Reported - Recently, PT ELECMETAL LONGTENG INDONESIA, a joint venture between Chile's Elecmetal and China's Jiangsu Longteng Special Steel Group, officially commenced operations at the Batang Industrial Park (KITB) in Central Java, Indonesia. The project has a total investment of nearly $50 million, covers an area of approximately 50,000 square meters, and is designed to produce 200,000 tons of high-end wear-resistant steel balls annually, primarily used in mining grinding and cement construction sectors.

Founded in 1917 and headquartered in Santiago, Chile, Elecmetal is a globally renowned supplier of wear-resistant materials for the mining industry, with annual sales exceeding $1 billion. In addition to steel balls, the company has mill liner production bases in Chile, the United States, South Africa, Peru, as well as in Changzhou and Ningguo, China. Founded in 1993 and headquartered in Changshu, Jiangsu Province, China, Longteng Special Steel is an enterprise integrating traditional steel production and metal deep processing, with total assets of nearly 30 billion yuan, over 6,000 employees, an annual output of 4.5 million tons of various special steels, and 5 million tons of metal deep-processed products, ranking among China's Top 500 Private Enterprises.

This Indonesian project is the third wear-resistant steel ball production base jointly invested and built by Elecmetal and Longteng Special Steel, following the successful cooperation of two bases in Changshu, China, and Zambia. The project broke ground on January 8, 2025, and was completed and put into operation in just over a year. As the core carrier of the China-Indonesia "Two Countries, Twin Parks" initiative, the Batang Industrial Park has been upgraded to a national-level economic zone in Indonesia, enjoying tax incentives and customs clearance facilitation. The commissioning of this plant marks Elecmetal as the first Chilean company to make an industrial investment in Southeast Asia. Ji Bingyuan, Secretary of the Party Committee and Chairman of Longteng Special Steel, stated that he hopes to use this plant as a bridge to combine Longteng's manufacturing strength, Elecmetal's global channels, and Indonesia's resource advantages, creating jobs for the local area and achieving mutual benefit and win-win results. The commissioning of this project helps shorten the supply chain for Southeast Asian customers, improves service efficiency, and provides a new fulcrum for Longteng Special Steel's global development.

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