06
Jul
15:52
NICKEL: Indonesia ANDM to build four RKEFs
PT Andi Nurhadi Mandiri (ANDM), a subsidiary of Indonesia's Tiran Group, plans to jointly build four rotary kiln-electric furnaces (RKEFs) production lines with China-backed Tonghua Jianxin Technology Company, Kallanish notes.
The total investment for the nickel smelter is $339 million and will be divided into four phases of construction. The first phase will invest $120m to build one RKEF production line. Tiran Group's another mining subsidiary,…
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