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Indonesia Miner Adaro to Build Aluminium Smelter – Jakarta Post

The listed company said subsidiary Adaro Aluminium Indonesia would build the plant at the Green Industrial Park in Bulungan, North Kalimantan


Indonesia
While tight domestic coal stocks and high local edible oil prices were cited by authorities as the main factors behind the moves, Jakarta has shown before it is prepared to disrupt commodity exports to aid the development of its domestic processing and refining sectors. Photo: Adaro Energy.

 

Coalmining giant Adaro Energy plans to build a $728 million aluminium smelter that will run on electricity from renewable sources as it seeks to tap into the growing global supply chain for green-labelled products, The Jakarta Post reported.

The listed company said on Thursday that subsidiary Adaro Aluminium Indonesia would build the smelter at the planned Green Industrial Park in Bulungan, North Kalimantan. The facility will process alumina into aluminium.

Read the full report: The Jakarta Post

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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