An officer revealed that Indonesia PT.Antam company was looking for as high as 160 million dollars

An officer revealed that Indonesia PT.Antam company was looking for as high as 160 million dollars loan from Japan International Cooperation Bank and other places in order to develop the alumina project in Indonesia.

    At the meeting held in the capital of Indonesia Jakarta, the president of the board Dedi Aditya Sumanagara said when be asked about Jayan project, ¡° this alumina project is still in the financing stage.¡± Jayan is expected to go into operation before 2010.

    Worldwide mining companies are improving the production capacity to meet the demand growth. China embodies the most obviously.

Starting from this year, the stocks of senior aluminum in London Futures Exchange have fallen by 62%.

    Located in Tokyo, Japan International Cooperation Band is a state-owned loan bank. The headquarter of Antam is in Jakarta. Dedi Aditya Sumanagara claimed that in this project with 250 million US dollars investment Antam company can hold 49% share and still can be up to 51%.

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