






According to recent reports, the Tiran Group has signed a contract for the construction of a nickel smelter worth 1.8 trillion rupiah. It is reported that the group will jointly sign a power purchase contract and a nickel smelter construction contract with the state power company (PLN).
Tiran Group will invest heavily in an industrial park based on a nickel smelter. In this incident, the construction of a production line smelter worth 1.8 trillion rupiah was signed. These include investment in supporting facilities and infrastructure such as water treatment, offices and dormitories, substations and other supporting facilities. The fourth line smelter will cover an area of about 50 hectares.
Sattar Taba, president of Tiran Group, said that as the first phase, Tiran Group will sign a contract for the construction of one of the four production line smelters worth 4.9 trillion rupiah between PT Andi Nurhadi Mandiri (ANDM) and Tonghua Jianxin Technology Co., Ltd.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn