Ann: Investor Presentation - 10 August 2022 9.30am WST, page-9

At least some analysts are starting to understand the importance of cheap reliable power.


East M’sia ports, smelters to gain from Nusantara devt

On another note, Kenanga Research gathered that smelters here are in a good position to capitalise on cheap and clean hydro power.
“Many global smelters are cutting their production as their operations have become barely profitable amidst elevated energy costs.
“Press Metal Aluminium Holdings Bhd (Press Metal) and OM Holdings Ltd (OM Holdings) are spared given the stable cost of their energy source, namely hydro power.
“In fact, prior to the recent surge in fossil fuel cost, by virtue of them using the cheaper hydro power, they already enjoyed significant cost advantage over their international competitors.
“With reduced production from fossil fuel-powered smelters in the world, the supply of end-products will remain tight, keeping their prices firm over the short term.”

Read the full story here
http://www.theborneopost.com/2022/08/11/east-msia-ports-smelters-to-gain-from-nusantara-devt/