Demand to keep Press Metal prospects intact

Research firm upbeat about company’s positioning

PETALING JAYA: The prospects of Press Metal Aluminium Holdings Bhd remain intact given the anticipated demand for aluminium in the long run.

According to RHB Research, the group stands to benefit from a long-term supply of electricity at favourable rates, via the power purchase agreement with Sarawak Energy Bhd sourced from the Bakun dam.