The smelter will have a capacity of 500kt/y, Indonesian Trade Minister Mari Pangestu told a news conference after talks with his Indian counterpart, Anand Sharma.

In late July, Nalco, India's third-largest aluminum maker, said it was in talks with Indonesian state-run mining company PT Antam to set up a 500kt/y aluminium smelter and a 1260MW captive power plant.