WebOct 22, 2024 · Though it has a ready supply of alumina, Inalum is planning to open its own refinery within the next several years. The firm plans to invest US$850 million in the project, with an anticipated commissioning date of 2024. Well Harvest Winning is a joint venture among majority partner China Hongqiao Group Limited, Jakarta’s PT. WebInalum is a State-Owned Enterprise (BUMN) which is a pioneer company and the only one in Indonesia engaged in the production of Primary Aluminium (ingots, billets and alloys). Currently, Inalum is faced with problems with 42.39% of employees having period of employment less than 5 years in 2024.
Indonesia’s Inalum to acquire majority stake in Grasberg copper …
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Freeport McMoRan and Rio Tinto to sell majority stake in …
WebMar 30, 2024 · Inalum's capex in 2024-2024 was lower than we expected, in part because execution was hampered by Covid-19-related restrictions. We expect project execution to … Fitch's Key Assumptions Within Our Rating Case for the Issuer - Annual aluminium production of 247kt over 2024-2024 (2024: 245kt) - Coal sales volume to increase to 34 million tonnes by 2024, from 26 million in 2024 - Nickel ore sales volume to increase to 7 million wet metric tonnes by 2024, from 3 million in … See more Strong State Linkage: Fitch regard Inalum's status, ownership and control by the Indonesian sovereign as 'Strong'. The company is fully government owned and is the state's mining … See more Developments that May, Individually or Collectively, Lead to Positive Rating Action - Positive rating action on the sovereign, provided there is no … See more Our assessment of sovereign support can be compared with that for other GREs, such as PT Pertamina (Persero) (BBB/Stable), PT Hutama Karya (Persero) (HK, BBB-/Stable), PT … See more International scale credit ratings of Non-Financial Corporate issuers have a best-case rating upgrade scenario (defined as the 99th percentile of rating transitions, measured in a positive direction) of three notches over a three … See more WebFeb 24, 2024 · At present INALUM has reached a production rate of 8 million tons of aluminium with an average annual production of 250,000 tons of aluminium. The 8 … dutch roasting pan