News
06 September 2024

IFC promotes decarbonization of Indonesia’s steel sector

In:
Metals and Mining
Region:
Asia-Pacific

IFC has agreed a loan to Indonesian steel producer PT Gunung Raja Paksi (GRP) to advance decarbonization in Indonesia's steel industry.IFC is providing up to $60 million Indonesian rupiah equivalent to GRP, which the company plans to use to expand low-carbon flat steel production using Electric...

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