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The high emissions from the coal-powered Adaro plant have sparked controversy

The environmental impact of the Adaro aluminum plant project has sparked controversy, particularly regarding the high emissions caused by coal-fired electricity. Despite Indonesia's vast hydroelectric potential, long construction cycles have been a driving factor in favor of coal power. However, with the construction of the Mentarang hydroelectric power station, there is potential for a more environmentally friendly power supply for industrial areas in the future, which could have a positive impact on reducing the environmental burden of the Adaro aluminum plant project. ....

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Crude oil fell slightly, domestic metals rose, Shanghai nickel rose more than 4%, lithium carbonate rose 2.72%, alumina rose 2.08% [SMM Afternoon Review]

Metals market: As of midday close, base metals in the domestic market rose almost across the board. Shanghai nickel rose 4.1%, and Shanghai aluminum rose slightly. Shanghai tin fell 1.17%. Shanghai copper, Shanghai zinc and Shanghai lead all rose within 0.3%. The main alumina futures rose 2.08%. The main industrial silicon contract rose 0.6%. The main lithium carbonate futures contract rose 2.72%. The black series is mostly red, and the iron ore rose 0.89%. Thread and hot coil rose slightly, and stainless steel rose 1.34%. In terms of double coke, coking coal fell 0.31% and coke fell 0.21%. In terms of external metals, as of 11:42, LME metals were mixed. London zinc and London nickel rose slightly, London aluminum rose 0.45%, London lead, London tin, and London copper all fell slightly, and the decline was within 0.3%. In terms of precious metals, as of 11:42, COMEX gold rose 0.19%, and COMEX silver fell 0.04%. In terms of domestic precious metals, as of noon close, Shanghai gold fell ....

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