SHANGHAI, Apr. 21 (SMM) – Jinchuan's laterite project in Indonesia is expected to complete construction by the end of 2018, according to SMM on-site survey.
The project, jointly invested by Jinchuan Group and Indonesian company WP & RKA, broke ground on Nov. 25, 2016 in the Southeast Asian nation's northern province of Maluku, marking Jinchuan's entry into the nickel laterite industry. Jinchuan Group holds a 60% stake in the joint project, and WP & RKA takes the rest.
Upgrade of Jiangsu Delong Nickel's NPI Project in Indonesia
The project, with total investment of $658 million, includes mine, smelter and power plant, and the project is estimated to process 1.80 million tonnes of ore annually, and will apply for export quota at maximum amount after Indonesian government’s new export policy, which have given export permission to two companies, namely Antam and Eastern Special Steel.
Construction of four 33,000-KVA RKEF units, which feature closed circuit, energy-saving and environmental-friendliness, is going smoothly, with total capacity of 30,000 tonnes (Ni content) and grade (Ni 10-15%). The unit, with low power consumption, is expected to save 500-1,000 kwh in unit production of ferronickel.
Construction of those facilities also face some challenges, such as complex terrain in Obi Island, construction suspension during the rainy season, high logistics costs and labor shortages.
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