Press Metal Aluminium acquires 25% stake in PT Bintan Alumina

Press Metal Aluminium Holdings has bought a 25% stake in PT Bintan Alumina Indonesia for US$80.23 million, securing a long-term alumina supply.

“With this, reliance on third party suppliers for alumina needs will reduce considerably, providing stability for Press Metal's smelting operations.”alcircle.com

• 1 source
• alcircle.comPress Metal Aluminium acquires a 25% stake in PT Bintan Alumina; Bauxite Mining, Price, Ore, Mineral, Formula, Production.Nov 18, 2019

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