Institute for Energy Economics & Financial Analysis: Adaro Aluminum Smelter Plans in Indonesia Face Financial Risks
October 12, 2023
October 12, 2023
CLEVELAND, Ohio, Oct. 12 (TNSres) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
The first phase of the Adaro Group's planned aluminum smelter and coal power plant in Indonesia will take years to recoup its US$2 billion investment under a best-case scenario that assumes sustained high prices for the metal, the Institute for Energy Economics and Financial Analysis (IEEFA) says.
From the environmental angle, the coal-f . . .
The first phase of the Adaro Group's planned aluminum smelter and coal power plant in Indonesia will take years to recoup its US$2 billion investment under a best-case scenario that assumes sustained high prices for the metal, the Institute for Energy Economics and Financial Analysis (IEEFA) says.
From the environmental angle, the coal-f . . .