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    aluminum investing

    Indonesia in Talks with China Bank for $1.5 Billion Loan for Alumina Refinery Project

    Kristen Moran
    Oct. 06, 2015 12:53PM PST
    Market News

    Mining Weekly reported that Indonesia is in talks with China Development Bank for a $1.5 billion for state-owned miner Aneka Tambang’s alumina refinery project.

    Mining Weekly reported that Indonesia is in talks with China Development Bank for a $1.5 billion for state-owned miner Aneka Tambang’s alumina refinery project.
    As quoted in the market news:

    Indonesia’s State-Owned Enterprise Minister said talks are underway with China Development Bank for a $1.5-billion loan for an alumina refinery project being undertaken by state-owned diversified miner Aneka Tambang (Antam).
    “We are in talks with CDB for the development of a refinery with Antam,” SOE Minister Rini Soemarno told reporters on Tuesday.

    Click here to read the full Mining Weekly report.

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