PONTIANAK -- China Hongqiao Group, the world's largest aluminum producer by capacity, formally commenced its 1 million tonne per annum alumina production line in Indonesia's Borneo on May 22, in a bid to boost the production capacity cooperation between China and Indonesia.
The production line is part of the 2 million-tonne-a-year smelting plant with a total investment of 1 to 1.5 billion U.S. dollars which is operated by PT Well Harvest Winning Alumina Refinery, a joint venture which Hongqiao holds a 56 percent stake.
The factory, integrated with a self-produced power plant and seaport in West Kalimantan Province's Ketapang Regency, processes local bauxite into alumina, a material for production of aluminium.
Zhang Shiping, Hongqiao's president, said that the plant is China's first overseas investment in alumina refining.
Sun Xiushun, president of Winning International Group, the shipping arm and shareholder of the joint venture, told Xinhua that the alumina will be mainly used to supply the raw material needs of Indonesian local smelters while the remaining will be exported to China, the Middle East and other regions.
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