INDONESIA PRESS-Inalum Plans to Spend $1.9 Bln on Investment Until 2019-Investor Daily
Inalum's ambitious investment plan aims to significantly increase its production capacity, with a focus on building an aluminium smelter and a steam power plant. The company expects to reach production targets of 400,000 tonnes per year by 2018 and 500,000 tonnes by 2019, despite the challenges posed by global fluctuations in the aluminium market. This move is expected to bolster Indonesia's position as a major player in the global aluminium industry.
- The scale of Inalum's investment plans could have significant implications for Indonesia's economic growth and its ability to diversify away from dependence on commodity exports.
- How will the increased production capacity of Indonesian aluminium producers impact the country's energy consumption patterns, particularly with regards to steam power generation?