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16 Jun
01:00

Indonesian nickel venture to commission in 2015

Indonesia’s PT Central Omega Resources (COR) Industri Indonesia (CORII) expects to begin production of nickel pig iron at a joint venture project by the end of the year, local media report. 90% of output is expected to be shipped to China, which has been looking for sources of nickel since Indonesia banned exports of unprocessed ores in January 2014, Kallanish notes. The first 100,000 tonnes/year smelter has cost IDR 2 trillion ($150 million) and will …
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