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

Published: Sep 11, 2017 11:29
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.
 

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 for 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
China's May Vehicle Sales Down 2.1% YoY, NEV Market Surges 14.4% with Strong Export Growth
10 hours ago
China's May Vehicle Sales Down 2.1% YoY, NEV Market Surges 14.4% with Strong Export Growth
Read More
China's May Vehicle Sales Down 2.1% YoY, NEV Market Surges 14.4% with Strong Export Growth
China's May Vehicle Sales Down 2.1% YoY, NEV Market Surges 14.4% with Strong Export Growth
According to data released by the CAAM, China's total vehicle sales reached 2.629 million units in May, down 2.1% YoY. However, the NEV market performed strongly, with sales reaching 1.496 million units, up 14.4% YoY, and its share of total new vehicle sales rose to 56.9%. In addition, NEV exports achieved notable results, with May exports reaching 446,000 units, more than doubled YoY.
10 hours ago
US PPI Jumps to 6.5% in May, Driven by Energy Prices; Core PPI Rises Less Than Expected
10 hours ago
US PPI Jumps to 6.5% in May, Driven by Energy Prices; Core PPI Rises Less Than Expected
Read More
US PPI Jumps to 6.5% in May, Driven by Energy Prices; Core PPI Rises Less Than Expected
US PPI Jumps to 6.5% in May, Driven by Energy Prices; Core PPI Rises Less Than Expected
Driven by a surge in energy prices, US PPI climbed to 6.5% YoY in May, the highest since November 2022 and exceeding market expectations of 6.4%. However, excluding food and energy, core PPI rose 4.9% YoY, below expectations of 5.4%.
10 hours ago
World Bank Predicts Slower Global Growth in 2026 Due to Iran War and Energy Disruptions
10 hours ago
World Bank Predicts Slower Global Growth in 2026 Due to Iran War and Energy Disruptions
Read More
World Bank Predicts Slower Global Growth in 2026 Due to Iran War and Energy Disruptions
World Bank Predicts Slower Global Growth in 2026 Due to Iran War and Energy Disruptions
The World Bank notes in its latest Global Economic Prospects report that global economic growth is expected to slow down, weighed down by the impact of the Iran war, specifically with the 2026 growth rate projected to decline from 2.9% last year to 2.5%. The report also warns that if energy supply disruptions intensify, accompanied by significant financial stress, global economic growth in 2026 could slide further to 1.3%.
10 hours ago
Nanshan Aluminum to Invest 5.7 Billion Yuan to Build Alumina Project in Indonesia  - Shanghai Metals Market (SMM)