Jakarta jubilant as nickel soars, China plans smelters

At least two other firms plan to start construction of processing plants by year-end or shortly after, amid fears that China’s nickel-pig iron industry is running out of raw material.

“It’s been a success,” Energy and Mineral Resources Minister Jero Wacik told Reuters.

Read more at: http://in.reuters.com/article/2014/05/18/indonesia-nickel-idINL6N0O02WE20140518

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