Indonesia's Inalum Targets 2029 to Commission New Aluminium Plant

CORPORATE ACTION - JAKARTA. State aluminium company PT Indonesia Asahan Aluminium (Inalum) will aim for 2029 to commission the new aluminium plant it plans to build in West Kalimantan, its chief executive said on Thursday.

The company plans to build a smelter capable of producing 600,000 metric tons of aluminium a year with an estimated investment of nearly $2.5 billion, chief executive Melati Sarnita told members of parliament.