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Jakarta Post

Halmahera to have $4.6b nickel smelter

  • Benget Besalicto Tnb.

    THE JAKARTA POST

Jakarta   /   Thu, May 7 2009   /  12:22 pm

The state of investment: Chris Kanter (center), head of the International Relation division at the Indonesian Chambers of Commerce and Trade (Kadin), gestures while chatting with M. Lutfi (right), chairman of the Investment Coordinating Board (BKPM), as State Minister for State Enterprises Sofyan A. Djalil looks on during a session at the second day of the 33rd Indonesian Petroleum Association annual convention and exhibition in Jakarta. It runs until Thursday. JP/R. Berto Wedhatama A consortium of the Indonesian state-owned PT Aneka Tambang (Antam) and three foreign companies will develop a US$4.6 billion nickel smelting plant in Weda Bay, Halmahera, North Maluku. Chairman of the Indonesian Investment Coordinating Board (BKPM), M. Luthfi, said Wednesday PT Antam and foreign companies from Western Europe and Japan had managed to secure financing for the smelting project. ...