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Rio Tinto Alcan and Cahya Mata Sarawak Cancel $1 Billion Aluminum Smelter Plant, an Industrial Info News Alert
Edited by : AL CIRCLE
1 min read
Researched by Industrial Info Resources (Sugar Land, Texas) -- Rio Tinto Alcan (Montreal, Quebec), the aluminum manufacturing branch of Rio Tinto plc RIO +2.80% , and Cahya Mata Sarawak Berhad (kl:CMSBU) (Sarawak, Malaysia) have mutually terminated their memorandum of understanding (MoU) to build a $2 billion dollar aluminum smelter in Malaysia's Sarawak state. The companies were unable to reach a commercially viable power purchase agreement for the smelter.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Contact:
Joe Govreau
713-783-5147
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Contact:
Joe Govreau
713-783-5147
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