World Aluminium Market
Rio Tinto Alcan No Longer Pursuing Sarawak Aluminum Smelter Plan
Edited by : AL CIRCLE
1 min read
Rio Tinto Alcan said it’s no longer pursuing plans to develop an aluminum smelter in Sarawak in Malaysia after failing to reach an agreement on power supplies for the project.
“While a great deal of progress was made in negotiations with Sarawak Energy Bhd., agreement on a long-term competitive power supply contract could not be reached,” Rio Tinto Alcan Chief Executive Officer Jacynthe Cote said in a statement today.
“While a great deal of progress was made in negotiations with Sarawak Energy Bhd., agreement on a long-term competitive power supply contract could not be reached,” Rio Tinto Alcan Chief Executive Officer Jacynthe Cote said in a statement today.
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