Chinese company to build electrolytic aluminum and carbon project in Indonesia with about 6.063 bln yuan

Chinese company Shandong Nanshan Aluminium Co., Ltd. (Nanshan Aluminium, 600219.SH) plans to invest about 6.063 billion yuan in building a project with an annual production capacity of 250,000 tonnes of electrolytic aluminum and 260,000 tonnes of carbon in the Bintan Nanshan Industrial Park in Indonesia, reported Shanghai Securities News Monday quoting the company.

The investment will be made through Nanshan Aluminium Singapore Co. Pte. Ltd. (NAS) and Prime Aluminium International Pte. Ltd. (PAI), two wholly-owned subsidiaries of Nanshan Aluminium.

The main constructor of the project will be PT. Bintan Electrolytic Aluminium (BEA), a company based in Indonesia.

Public auxiliary facilities such as wharf, reservoir, and slag yard will also be built.