Smelter projects progressing

Six months after the implementation of a ban on mineral ore exports, the development of a number of smelters are progressing, although challenges have halted the acceleration of the work.

Sixty four smelters are under development by independent or joint mining license holders, according to data from the directorate general of mineral and coal at the Energy and Mineral Resources Ministry.

The ministry estimated the 64 ongoing smelter projects would require US$17.4 billion in investment.

Nickel smelters dominate the projects, with 30 such projects ongoing at present, followed by 13 zircon facilities, seven iron, five bauxite, four kaolin and zeolit, three manganese and two lead and zinc.

Read more at:  http://www.thejakartapost.com/news/2014/07/21/smelter-projects-progressing-despite-hurdles.html

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