KAWASAKI AND WIKA WORKING ON ANTAM'S FERRONICKEL SMELTERS RP 3.42 TRILLION

[CATEGORY: MINING]

PT Aneka Tambang Tbk (Antam/ANTM) appointed a consortium of unicorporated Kawasaki Heavy Industries Ltd. (KHI) and PT Wijaya Karya Tbk (WIKA) as the engineering, procurement and construction (EPC) turnkey construction of East Halmahera ferronickel plant project phase I. The contract value of the project is estimated at Rp 3.42 trillion.

Antam Development Director Johan NB Nababan said, the announcement of the winning bidder EPC East Halmahera ferronickel plant project marks the company's commitment to the project completion ferronickel plant in East Halmahera a timely manner. The plant will increase the company's ferronickel production capacity of 27-30 thousand tons of nickel (tonnes) per year to 40,500-43,500 per year.

"East Halmahera ferronickel plant project also support industrial development program stainless steel metal base. It is planned that this project can carry out commissioning in late 2018," he said.

Johan added, East Halmahera ferronickel plant project is one of the strategic projects of Antam aims to increase the value added potential of nickel ore companies. This step through processing nickel ore into ferronickel. East Halmahera ferronickel plant project Phase I line I will have a capacity of 13,500 tonnes in ferronickel.

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