Tianshan Aluminum Group, a China-based aluminum company, will build an aluminum oxide plant in the Riau Islands, Indonesia, with an investment of nearly US$1.6 billion. The new plant, with an annual production capacity of 2 million tons, was expected to increase Tianshan Aluminum’s raw material supply.
The investment in the first-stage construction was US$952 million, with a designed yearly capacity of 1 million tons of aluminum oxide. The construction schedule wasn’t disclosed.
Tianshan Aluminum’s aluminum oxide production totaled more than 1.5 million tons last year, up by 70% year on year. The company aimed to produce 2.5 million tons of aluminum oxide this year.
China’s Tianshan Aluminum to build new aluminum oxide plant in Indonesia
22 Mar 2023 16:29 reported by Joy Liu
- A
- A
- A