Alamtri Minerals (ADMR) Expands Aluminium Smelter Amid Performance Recovery Efforts
Executive Summary
Key insights and market outlook
PT Alamtri Minerals Indonesia Tbk (ADMR) is pushing forward with its aluminium smelter expansion through its subsidiary PT Kalimantan Aluminium Industry (KAI). The project is being developed in three phases with a total capacity of 1.5 million tons of aluminium ingot per year. The first phase, currently under construction, will have a production capacity of 500,000 tons per year and is powered by coal, while the second phase will utilize hydropower and is scheduled for commercial operation in early 2031.
Deep Dive Analysis
Alamtri Minerals Accelerates Aluminium Smelter Expansion
Strategic Business Diversification Efforts
PT Alamtri Minerals Indonesia Tbk (ADMR) is intensifying its business diversification efforts through a significant aluminium smelter expansion project. The company's subsidiary, PT Kalimantan Aluminium Industry (KAI), is currently developing the smelter in three phases, targeting a total production capacity of 1.5 million tons of aluminium ingot annually.
Phase-by-Phase Development Plan
The first phase, which is currently under construction, will have a production capacity of 500,000 tons per year and is powered by a coal-based power plant. Management has indicated that this phase is progressing as planned. The second phase, scheduled to reach commercial operation in early 2031, will utilize hydropower and further increase the facility's overall capacity.
Performance Recovery Strategy
This ambitious expansion forms a critical part of ADMR's long-term strategy to drive performance recovery and business growth. The aluminium smelter project represents a significant diversification effort for the company, positioning it for future growth in the aluminium industry.
Source References
Story Info
Topics Covered
Key Events
Aluminium Smelter Expansion
Business Diversification Initiative