Bintan Alumina Indonesia has implemented capital expenditures of US$150 million for the construction of the Bintan Alumina processing and smelting plant in Riau province. Most of the capital will be acquired land acquisition, coastal development and construction of the pier program.
Zulnahar Usman, general manager of Indonesian bintan clay company, said that at the beginning of this year, the company was actively constructing piers. "The physical construction of the pier has already begun. We hope to complete it in six months," he said.
It is understood that Bintan Alumina and Nanshan Aluminium have established an upstream and downstream integrated aluminum industrial zone and invested 6 billion U.S. dollars. In the initial stage, the two companies will build a 2.1 million-tonne bauxite smelter with an investment of US$1 billion.
The company covers an area of ​​2,700 hectares, including a pier and a steam power station with a 3×110 trillion shield. So far, Bintan Alumina has requisitioned a total of 2000 hectares of land. The rest will be purchased in the near future.
He said that the construction of the Bauxite smelter has not yet commenced construction because it is still focused on the completion of the terminal construction project in order to speed up the transportation of machinery needed for the plant. "A few days ago, the above-mentioned smeltery project was about 10% to 15%. We hope that the smelter construction project will be completed next year," he said.
Nanshan holds a 99% stake in the smelter. He said that although Chinese investors control the shares of the downstream industry, Bintan Alumina holds the largest stake in the Sika and Bintan minerals.
In the future, two mining companies will provide 5 million tons to 6 million tons of smelters to Bindan. "Once our plant is operational, we will try to increase our shareholding so that we can supply the Indonesian company Inalum with alumina.
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