Malaysia's non-listed companies GIIG Holdings Bhd. Director Shahrir Shariff 9 said today, GIIG and Aluminum Corporation of China will work together to set up the smelter may be put into operation in 2013.
Shahrir in GIIG signed an agreement with Aluminum Corporation of China said on the sidelines of activities, this annual production capacity of 330,000 tons aluminum smelter, perhaps as early start the construction of the first quarter of 2011. He added that the smelter's annual capacity to 1.25 million tons may be increased later.
Shahrir said that Chalco has received acceptance of all of the aluminum smelter output option, but may be part of the production GIIG then meet local demand. Aluminum smelter in China will provide technical, but it will not hold a major stake in the joint venture.
The aluminum smelter in Malaysia's Sarawak state, the scale of investment of 10 billion dollars.
GIIG Malaysian tycoon Syed Mokhtar Al-Bukhary's private company, he also has diversified logistics company MMC Corp.
