According to the report, Indonesian PT Indonesia Asahan Aluminium (Inalum) announced the plans to invest in its aluminum smelter.
The company will invest US$10 billion over the next five years to build infrastructure, including hydropower plants and use its local bauxite resources to quickly build 2 million tons of alumina capacity. Half of this part of the plant was used to export to overseas markets.
In addition, Indonesia planned to invest US$850 million to build an alumina plant with an annual output of 1 million tons in West Kalimantan, which was expected to be completed within three years.
Indonesia to invest $10 billion to build alumina plant
26 Jul 2019 15:48 reported by Felix
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