Nanshan Aluminum raises stakes in Indonesia electrolytic aluminum project
Nanshan Aluminum has announced that it is ramping up its electrolytic aluminum production capacity in Indonesia and intends to pass theWholly-owned subsidiary Centurion Asiatogether withHong Kong Shengshi AluminumJoint VenturePT. HEAIIn IndonesiaBintan Industrial Parkput into constructionAnnual output of 250,000 tons of electrolytic aluminum projectThe total investment of the project is about$437 million(equivalent to approx.3.056 billion dollars), the construction period is expected to2 yearsThe
The company said the project relies on IndonesiaAlumina resource endowmenttogether withCost AdvantageEffectivereduce costs and increase efficiencyBroadeningprofitabilityis its overseas marketMedium- and long-term development planningThe important layout of the
The project's products are initially designated asaluminum waterMain supplyDownstream processors in Southeast Asiabalance (career and family, family and education)Primary aluminum ingot productionwith their own business needs, radiateSoutheast Asian marketsThe
Currently Nanshan Aluminum has a far-reaching layout in Bintan, with its subsidiariesNanshan Aluminum Internationalpossession4 million tons/year alumina capacityThe newest production line was put into operation last month, which can supply the electrolytic aluminum project withStabilized and low-priced raw material supportThe "Passage."Alumina - Aluminum Electrolysis"Upstream and Downstream Chains.
In addition the company has two35,000-ton terminalThe cost of transportation of bauxite is much lower than that in China; the park where the project is located is classified as aKalambatang Special Economic ZoneThe enterprise is entitled toTax incentivesThe
According to the disclosure, the company's Indonesia electrolytic aluminum production capacity master plan amounted toOne million tonsLong-term growth potentialhandsomeThe
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