Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
26 FEBRUARY 2014 AL CIRCLE

Rusal signs MoU with Arbaya Energi to develop an alumina smelter in Indonesia

1MINS READ
United Co. Rusal PLC signed a MoU with PT Arbaya Energi to develop an alumina smelter in West Kalimantan province of Indonesia

The two companies will "work together to develop the appropriate resources and infrastructure investment," Rusal said in a statement.

Rusal didn’t talk about its investment, but Hatta Rajasa, Coordinating Minister for Economic Affairs of Indonesia, told The Wall Street Journal t the agreement represents a sum of around $3 billion investment of around $3 billion-- half of the investment for the smelter and rest for supporting infrastructure like ports and roads.

"The concrete projects are to be identified in due course and agreed by both companies," Rusal added.

Indonesia has barred mineral ore exports as it seeks to increase its exports value via domestic processing.

"We have long stated our desire to expand into this important Southeast Asian market, given its increasing prominence on the global mining stage," Rusal Chief Executive Oleg Deripaska said.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.