Fire incident at Press Metal Phase 3 Samalaju smelter


KUALA LUMPUR: A fire broke out at the Press Metal Aluminium Holdings Bhd Phase 3 smelter in Samalaju Industrial Park shortly after 11pm last night, but has since been extinguished, said the company.

It said the smelter, which is 80%-owned by its subsidiary Press Metal Bintulu Sdn Bhd, affected 100 pots out of the 300 pots in Phase 3 at the Samalaju smelter, while Phases 1 and 2 remained unaffected.

"We are grateful that swift evacuation procedures ensured there were no injuries or fatalities," said Press Metal in a statement.

Press Metal said about 9% of its total smelting capacity across Samalaju and Mukah was affected.

It estimates about four months to restore operations of the damaged ports, which will impact about 3% of its annual smelting capacity on a full-year basis.

It added that the affected assets are adequately covered by insurance.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Press Metal Aluminium , Samalaju , fire

   

Next In Business News

Indonesia's trade surplus beats forecast in August on export recovery
Tupperware Brands plans to file for bankruptcy, Bloomberg News reports
PUC appoints Wayne Lim as group CCO
Dollar pinned down by 50 bp Fed cut wagers
Short selling of APB Resources shares suspended by Bursa
Anwar: Halal industry more comprehensive, can complement Islamic economy
Malaysia keeps October crude palm oil export duty at 8%
Asian stocks, currencies gain on outsized US rate cut bets
Rubber glove stocks lead Bursa Malaysia's gains
99 Speed Mart billionaire sets sights beyond Malaysia after IPO

Others Also Read