| Nalco India-up the processing of alumina studied Antam |
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| Friday, 04 June 2010 18:23 | |||
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Page 1 of 2 JAKARTA: The National Aluminium Company Ltd (Nalco) - India's state-Owned aluminum - will from explore investments in the alumina processing industry with PT Aneka Tambang Tbk (Antam) in the long term.
Director of the Directorate General of Metal, Industrial Metal, Machinery, Textile and Multifarious (ILMTA) I Putu weekend Revealed Nalco being lobbied a number of related parties with the opportunity to establish alumina industry in Indonesia. Alumina is the raw material Used for manufacturing aluminum ingots (bars). Alumina industry requires certainty of supply of bauxite. For Every four tonnes of bauxite will of Produce about two tonnes of alumina. Every two tons of alumina will of Produce one ton of aluminum ingot. "Nalco plans to hold joint Antam Antam Because he has own a large bauxite mine in West Kalimantan. Industries Nalco alumina prepared as an investment alternative for the supply of aluminum smelting. Nalco alumina capacity alone I think would be very large, ie over 2 million tons , "said Putu Business Told this evening. Although not yet have figures for sure, Putu estimate the value of Nalco alumina Could reach U.S. investment industry $ 500 million to two million tons of production capacity. "Nalco Finance Director Mr. Bagra, I and the Director of Development Antam Mirazak tattoos have discussed this a long term plan," he Explained. For the first phase, continued Putu, Nalco will from complete the construction of the aluminum smelter Which is planned to be built in South Sumatra. However, 'there is no certainty of supply of coal and ground transportation from the mine to the plant by the South Sumatra provincial government investment plan over the past two years Nalco floats. In fact, the Indonesian government, represented the South Sumatra provincial government and Nalco has signed a memorandum of understanding (MoU) since 2008. Mega projects worth U.S. $ 3.2 billion is planned with a capacity of up to 500 000 tons of aluminum and will from be built in Tanjung Api-api, South Sumatra. But in its growth, investment in South Sumatra, Nalco is rumored to be transferred in other Places Poor 'East Kalimantan, considering the source of coal in South Sumatra is quite far from the location of new Factories. Putu said Nalco Had time to get mining rights (KP) coal. However, its location in Tanjung Enim, while Nalco These locations want to be around Banyu Asin. By: Joseph Waluyo Teak - Bisnis.com www.tenderoffer.biz
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