Press Metal raises $300m for Bintan Alumina stake buy

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Press Metal raises $300m for Bintan Alumina stake buy

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Heavy mining trucks and excavator working on the iron ore opencast mining facility | Maksym Dragunov/Maksym Dragunov - stock.adobe.com

Malaysia’s Press Metal Aluminium has raised a $300m dual-tranche financing to support its acquisition of Bintan Alumina Indonesia (BAI).

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