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MEI Online: Commodities: Metallic Ores: Aluminium: Latest News: July 5th 2016

 
 

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:: Cita Mineral to Produce Indonesia’s First Alumina

 

Bauxite mining company Cita Mineral Investindo will become the country’s first alumina producer following the completion of its new smelter.

The publicly listed firm, part of natural resources conglomerate Harita Group, will begin the production of smelter grade alumina (SGA) at its smelter in Ketapang, West Kalimantan, within days.

CITA president director Liem Hok Seng claimed that Indonesia would be on par with its counterparts in that field, namely China, Russia, Australia and the US, thanks to the first SGA-type alumina production.

“This move certainly creates added value to locally-mined bauxite, which in the past had to be processed overseas into SGA-type alumina and then exported again to Indonesia to create aluminum,” he said on Thursday.

The US$1.15 billion-smelter is built by Well Harvest Winning Alumina Refinery (WHW). WHW is a joint venture between CITA, the world’s largest aluminum producer China Hongqiao Group Ltd. and its subsidiary Shandong Weiqiao Aluminium and Electricity Co. Ltd. and energy consultancy firm Winning Investment (HK) Company Ltd.

 

 

   

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