Monday, June 4, 2007

Indonesia's Aneka Tambang Studies Plan to Treble Nickel Production by 2012

(Bloomberg) -- PT Aneka Tambang, Indonesia's second-
largest nickel mining company, is studying a plan to more than
treble production by 2012 of the metal used to help make steel
rust resistant.

Antam, as the company is known, will complete the study
next year on building a plant with capacity to make 30,000 to
50,000 metric tons of ferronickel, Darma Ambiar, development
director of the Jakarta-based company said today in an interview
in Manila. He didn't say how much the plant may cost.


Read more at Bloomberg Commodities News

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