Jakarta (ANTARA News/Asia Pulse) - State-owned mining company PT Aneka Tambang (Antam) has indicated it will seek a new partner to build an alumina smelter on the Bintan island in Riau Island.
Xinfa Alumina from China, which has offered to build the US$250 million project, has put forward conditions not acceptable to Antam, company director Syahriri Ika said Monday. Syahrir said he did not rule out other Chinese investors as a replacement as China represents a big market.
The smelter is scheduled to be operational in 2010 with an annual capacity of 400,000 tons of alumina.
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