Core Viewpoint - Nanshan Aluminum International plans to enhance its competitiveness and drive sustainable growth by developing an electrolytic aluminum project and related raw materials, with an initial investment of approximately $436.6 million for a 250,000-ton annual production capacity project set to begin in 2026 [1] Group 1: Project Details - The electrolytic aluminum project will be located in the Karangbata Economic Zone on Bintan Island, Indonesia, adjacent to the company's alumina plant [1] - The construction period for the project is estimated to be two years, during which the company will seek necessary environmental and construction permits from local authorities [1] - In the long term, the company plans to develop an additional project with a capacity of 500,000 tons of electrolytic aluminum to further expand its production scale [1] Group 2: Strategic Rationale - The strategic planning is based on several favorable factors, including ample land supply for the new project and a prime geographical location that facilitates access to Southeast Asian markets and beyond [2] - The company aims to leverage its existing alumina business to diversify operations, as the electrolytic aluminum market is experiencing significant demand growth and rising prices [2] - The experience gained from successfully constructing and operating alumina projects in Indonesia will provide valuable insights for the electrolytic aluminum project, thereby reducing risks and improving implementation efficiency [2]