Indonesia doubles down on coal to power its aluminum expansion

AI Summary

Indonesia is expanding aluminum production by relying heavily on coal-fired power despite global efforts to reduce carbon emissions. Supply disruptions from the Iran war have increased prices, reinforcing Indonesia's dependence on its abundant coal reserves for its smelters.

Resource-rich Indonesia is expanding its production of aluminum as the Iran war disrupts supplies, relying on its abundant coal reserves to power new smelters that run contrary to efforts to curb carbon emissions that cause climate change. Prices have risen due to fuel shortfalls and attacks on infrastructure that have slowed production in the Middle ...