#Indonesia’s #Medco to invest $500 mln to build #Copper smelter after #Newmont deal

#Indonesian oil and gas producer PT Medco Energi Internasional Tbk plans to invest $500 million to build a #Copper smelter following its deal to buy control of #Newmont Nusa Tenggara (NNT), its president commissioner told #Reuters.

The smelter, which will have an annual capacity of 500,000 tonnes, is expected to start operations in 2021.

Read more at: http://www.reuters.com/article/medco-energi-newmont-mining-idUSL3N1B021M

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