Core Viewpoint - The establishment of the joint venture BJL between BBS and BMS aims to adapt to the company's business development needs and to apply for necessary tax incentives in Indonesia, with an initial investment of approximately $505 million [1] Group 1: Joint Venture Details - BJL's initial investment amount is approximately $505 million, with a statutory capital of 13,298.88 billion Indonesian Rupiah [1] - BBS will hold 99.999925% of BJL, while BMS will hold 0.000075% [1] Group 2: Business Strategy and Benefits - The formation of BJL is intended to reduce the tax burden on the wet processing of slag, optimizing the execution plan for the company's operations [1] - The wet processing plant is expected to handle 1.34 million tons of HPAL smelting slag annually, along with a slag storage facility and supporting infrastructure [1] - The project is anticipated to create new revenue streams and enhance the company's profitability, aligning with environmental protection principles [1] Group 3: Market Context - The increasing infrastructure budget in Indonesia is expected to drive demand for HPAL smelting slag processing, further supporting the business's growth [1]
力勤资源附属签协议成立印尼合营公司 布局湿法渣处理业务