Shandong Nanshan Expands US$6 Bln Alumina Plant in Bintan Island
China's Shandong Nanshan plans to expand its new Indonesian alumina plant to a $6 billion aluminum smelting complex by 2028, which would be among the largest foreign investments in the resource-rich nation.
Nanshan, with plans to bring more Chinese firms to the site, intends to start building a 250,000 tonnes per year (tpy) aluminum smelting unit later this year, part of a plan to construct a 1 million tpy aluminum plant by 2028, a company executive said last week to Reuters, asking to remain unidentified, eventually producing high-end aluminum ingots for the aircraft and electric vehicle industries.
On Tuesday, the site's general manager, Hao Weisong, said that the company plans a 100-MW solar power facility and has also agreed to buy renewable power from state utility Perusahaan Listrik Negara (PLN).
