KUALA LUMPUR, Sakura Ferroalloys Sdn Bhd has announced a RM487.5 million investment to build a new sinter plant under its latest expansion initiative, Project Salamander.
The project, aimed at strengthening the company’s production efficiency and competitiveness, will support the company’s long-term growth strategy in the ferroalloys industry.
According to Sakura, the sinter plant will play a crucial role in optimising raw material usage, reducing overall production costs, and improving sustainability outcomes in line with global environmental standards.
“Project Salamander marks a significant milestone in our journey to enhance operational capabilities and to future-proof our business,” the company said in a statement.
The investment reflects confidence in Malaysia’s industrial ecosystem and is expected to generate new opportunities within the supply chain. Once operational, the plant is projected to create high-value employment and reinforce Sakura’s position as a leading ferroalloys producer in the region.
Industry observers noted that this development comes amid increasing demand for ferroalloys driven by the global steel sector, and Sakura’s move is seen as a timely response to evolving market trends.
The sinter plant, expected to be completed within the next few years, will also contribute to the company’s ongoing efforts to integrate more sustainable practices into its operations.
