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Hyundai Motor and Adaro sign an aluminum supply agreement

Hyundai Motor Company of South Korea and PT Adaro Minerals Indonesia of Indonesia have signed a memorandum of understanding on the production and supply of aluminum.

Hyundai Motor and Adaro sign an aluminum supply agreement

South Korea's Hyundai Motor Company and Indonesia's Adaro Minerals Indonesia signed a memorandum of understanding on aluminum production and supply, ensuring a stable supply amid growing aluminum demand in the auto manufacturing industry.

Under the agreement, Hyundai Motor will purchase the aluminum produced by Adaro and cooperate in the production processes. Adaro stated that it can supply low-carbon aluminum to Hyundai Motor in terms of aluminum supply.

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