节点：中游（冶炼、中间品）位置：中游情绪：中性参考度：2/10
印尼上市公司PT Adaro Resources Indonesia Tbk（ADRO）预计2026年资本支出（capex）区间为2.2亿至2.4亿美元，按1美元兑16893印尼盾汇率换算，约合3.7万亿至4万亿印尼盾。该笔capex包含公司权益贡献，将用于完善关联方Garibaldi ‘Boy’ Thohir旗下子公司PT Kalimantan Aluminium Industry（KAI）运营的铝冶炼厂项目。
位于北加里曼丹的KAI铝冶炼厂自2025年底已启动初步测试及部分设施试运行。ADRO计划逐步战略性提升电解铝Ƨ..
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