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Related company : TIMAH

Related company : TIMAH

Tone : Neutral

Tone : Neutral

 

Timah to boost capex by 240 percent in 2018

Summary
The Jakarta Post, March 12, 2018
PT Timah Tbk aims to increase its capital expenditure (capex) by 240 percent to Rp 2.65 trillion (US$192.3 million) this year to execute its plan to increase its tin production and diversify its business. Timah will use about 37.5 percent of this year’s capex to boost the capacity of its mining and production facilities. It will spend another 21.6 percent for replacement and refurbishment, while utilizing the other 15.9 percent for investment in its subsidiaries.
 
 

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