Press Metal to ramp up production capacity in 2H


KUALA LUMPUR: Press Metal Aluminium Holdings Bhd could capitalise on rising LME aluminium spot prices in 4Q given that its Samalaju Phase 3 facility is expected to be just weeks away from being fully operational.

According to RHB Research, Samalaju Phase 3 could have been held back for one to two months from Press Metal's initial July target but sees little downside surprises moving forward.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Matrade, Exim Bank ink MoU to boost trade promotion
Infoline Tec to be transferred to Main Market
E&O launches RM60bil masterplan for Andaman Island development project
Dialog's shares rise on positive quarter
Ringgit opens higher amid cautious sentiment�
FBM KLCI moves sideways on inflation risk and growing geopolitical turmoil
Trading ideas: TCS, Handal, Binastra, DLMI, Hibiscus, Cape EMS, Dialog, Star, APM, Comfort, Hextar
Oil settles flat on partial restart of Sverdrup field
Dutch Lady’s 3Q24 net profit rises
Bank Negara committed to supporting country’s cash economy

Others Also Read