Press Metal to acquire 25% stake in Indonesian alumina refinery PT BAI

Press Metal Aluminium Holdings has signed an MOU to acquire a 25% stake in PT Bintan Alumina Indonesia, which is building a million-ton alumina refinery in Galang Batang, Riau Islands, Indonesia. The deal is subject to due diligence and final terms.

“We are constantly on the lookout for suitable assets to strengthen our position as a globally-integrated aluminium corporation.”theedgemalaysia.com

• 1 source
• theedgemalaysia.comPress Metal to acquire 25% stake in Indonesian alumina refinery firmNov 5, 2026

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