22 APRIL 2014AlCircle.com
Inalum making plans to spend $1.9 bln on investment until 2019
Edited by : AL CIRCLE
1 min read
PT Indonesia Asahan Aluminium (Inalum), the aluminium producer, plans to make an investment of $1.9 billion until 2019, said Agus Tjahajana, the president.
The company is also planning to build a $1.2 billion worth aluminium smelter with a total capacity of 250,000 tons per year and a $700 million worth steam power plant with a capacity of 500 megawatt. The firm even expects that the production capacity will reach 400,000 tonnes every year in 2018 and almost 500,000 tonnes by the year 2019, a rise from their targeted output of 260,000 tons this year.
The company is also planning to build a $1.2 billion worth aluminium smelter with a total capacity of 250,000 tons per year and a $700 million worth steam power plant with a capacity of 500 megawatt. The firm even expects that the production capacity will reach 400,000 tonnes every year in 2018 and almost 500,000 tonnes by the year 2019, a rise from their targeted output of 260,000 tons this year.
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