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Jakarta Post
The Jakarta Post
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Antam seeks $650 million to finance SGA project

  • Rabby Pramudatama

    The Jakarta Post

Jakarta | Sat, August 11 2012 | 10:10 am

PREMIUM State mining company PT Aneka Tambang (Antam) says it is looking for around US$650 million in bank loans to finance part of the construction of a smelter-grade alumina (SGA) plant in Mempawah, West Kalimantan.

Antam president director Alwin Syah Lubis said in Jakarta on Thursday that the firm and partner Hangzhou Jinjiang of China would need at least $1 billion to finance the project, 65 pe...