ALUMINIUM TRADING
Aluminium products 25k ton
Bauxite 4 mil ton
1.bintanaluminaindonesia
PROJECT OVERVIEW
PT Bintan Alumina Indonesia is located in Bintan Island, Indonesia. It occupies an area of 1000 hectares. The park consists of alumina plants, aluminum plants, power plants, port area, offices and living areas.
Project construction will be completed within 10 years in phases.
The estimated total investment of $5 billion.
Alumina
ALUMINUM INDUSTRY CHAIN
2.XINJIANG ALUMINIUM
PROJECT OVERVIEW
2.Nanshan Aluminium Singapore
Nanshan Aluminium Singapore Co Pte Ltd (The company) is a wholly-owned subsidiary of Shandong Nanshan Aluminium Co., Ltd. The company is tax-registered in Singapore and located at 3 Irving Road, #12-01, Tai Seng Centre, Singapore 369522, with ref. No. 201005834D.
The principal activities of the Company are those of other investment holding and general wholesale trade, including general importer and exporter trading in aluminium products and services. The Company imports and exports Bauxite and aluminium products in Southeast Asia, Australia, the Middle East, Europe and other regions with financing services. The investment projects mainly include the investment in Xinjiang alumina manufacturing plant and construction & operation of the large aluminium industrial zone in Bintan Island, Indonesia.
Nanshan Aluminium Singapore is regarded as a regional export representative and financing portal for aluminium can and foil products for HQ, with its low GST rate advantage to better financial serve Nanshan HQ and its corresponding customers. The company imported bauxite from Rio Tinto Group in Australia, the world's second largest mining company, to assist the HQ’s alumina plant to carry out better credit acceptance and discounting services;
At the same time as its business expansion, Nanshan Aluminium Singapore cooperated with local Indonesian companies to take advantage of its financial freedom and geographical convenience to make acquisitions, dock construction, island area development and park construction for Bintan Island, Indonesia, for the headquarters and even the future. Potential customers provide high quality bauxite and better processing support.
Introduction of Letter of Credit business with Rio Tinto
Nanshan Aluminium Singapore, as an aluminium bauxite import & export trader, has implemented a 3 month’s long-term letter of credit with Yantai Jintai Trading Co. Ltd., and has conducted an aluminium bauxite trade transaction with Australia Rio Tinto in the form of letter of credit at sight.
The three parties signed a long-term bauxite procurement agreement. Yantai Jintai Trading Co. Ltd. issued a letter of credit for the Nanshan Aluminium Singapore, usually for a three-month validity period. Nanshan Aluminium Singapore will issue an at sight back-to-back letter of credit for the Australian Rio Tinto Company. The bauxite is shipped directly to Qingdao Port or Yantai Port. Buyer’s bank will negotiate shipping documents based on L/C terms (around 3 million US dollars per shipment), then buyer will pay for the shipped value upon maturity date.
