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Indosmelt, a smelter and refinery company, plans to break ground on the construction of its $1.5 billion copper and gold smelter and refinery in February.

“We expect in early 2017, it [the smelter and refinery] can begin operations,” Indosmelt president director Natsir Mansyur said on Thursday.

Indosmelt, owned by local investors, plans to build a smelter with an annual capacity of up to 120,000 metric tons of copper cathode; 300,000 tons of slag — one of the raw materials in cement making — and 200,000 tons of anode slag — a key ingredient in the gold refining process — according to a document from the company.

Read more at:

http://www.thejakartaglobe.com/business/indosmelt-set-to-start-as-govt-plans-ore-ban-2/