Nanshan Aluminum to Invest 5.7 Billion Yuan to Build Alumina Project in Indonesia

Published: Sep 11, 2017 11:29

Save

Nanshan Aluminum Co. announced it plans to raise no more than 5 billion yuan to build an alumina project in Indonesia.

SHANGHAI, Sept. 11 (SMM) – Nanshan Aluminum Co. announced it plans to raise no more than 5 billion yuan to build an alumina project in Indonesia.

China to Grant Huge Loans to Guinea to Secure Bauxite

The project, with total investment at 5.69 billion yuan, will have an annual capacity of 1 million tonnes.

Breaking News: Henan to Suspend Construction and Expansion of Small Bauxite and Iron Ore Mines

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Nanshan Aluminum indonesia alumina project

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 min ago

Malaysia to Cut Subsidized Petrol Quota Amid Rising Fuel Costs Linked to Iran Conflict

[SMM Aluminum Express News] Malaysia is planning to reduce the subsidized RON95 petrol quota under the Budi95 program from 300 liters to 200 liters per month, with implementation expected as early as April amid rising fuel costs linked to the Iran conflict. Once the quota is exceeded, consumers will pay floating market prices, which are set to rise by 60 cents to RM3.87 per liter starting March 26–April 1. Unsubsidized fuel prices have surged sharply since March 11: RON95 has risen 44.94% to RM3.87, RON97 is expected to jump to RM5.15 (+RM1.90 or 58.46%), and diesel in Peninsular Malaysia will increase to RM5.52 (+RM2.40 or 76.92%) over the same period, marking three consecutive weeks of steep hikes driven by global oil volatility.

1 min ago

57 mins ago

Hydro Energi Secures 1.75 TWh Renewable Power Deal with Alpiq for Low-Carbon Aluminium Production

[SMM Aluminum News Express] Hydro Energi AS has signed a long-term PPA with Alpiq, securing 219 GWh of renewable power annually from 2031 to 2038 in Norway’s NO3 price area, totaling 1.75 TWh. The deal supports Hydro’s low-carbon aluminium production—around 75% below the global average—and aligns with its strategy to combine PPAs, new renewable investments, and upgrades to its own power assets to reach net-zero emissions by 2050.

57 mins ago

1 hour ago

Philippines Suspends Spot Electricity Sales Amid National Energy Emergency Due to Middle East Conflict

[SMM Aluminum Express News] The Philippines has suspended spot electricity sales until further notice after declaring a national energy emergency due to fuel supply risks and price volatility triggered by the Middle East conflict. Authorities aim to curb a projected 16% surge in power prices, shifting to a temporary pricing system while prioritizing renewables and conserving fuel inventories.

1 hour ago