Timah Acquired Capex up to IDR1.5Trn

Timah, Tbk (TINS:IJ) have budgeted capital expenditure (capex) amounting to IDR1Trn to IDR1.5Trn next year. These funds will be used to increase the capacity of production, exploration, and purchase of equipment. Capex fund will be taken from the internal cash, and company will also build processing and refining (smelters) in Muntok, West Bangka. These smelter is a transfer of technology for the processing of low levelsTo subscribe please click here