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JAKARTA: Indonesia has taken control of the country’s only aluminium smelter even though the government and the facility’s majority Japanese shareholders have yet to agree a price, Indonesian government officials said.

Talks over Indonesia Asahan Aluminium (Inalum) reached a stalemate after the South-East Asian state and the Japanese shareholders, which include Sumitomo Chemicals Corp and Mitsubishi Corp, chose different mechanisms to evaluate the smelter.

http://www.thestar.com.my/Business/Business-News/2013/11/04/Indonesia-takes-over-Inalum-smelter.aspx