Two regional governments in East Nusa Tenggara (NTT) province have signed an agreement with consortium Mangan JSK International Co. Ltd and PT AGB Mining, to establish a Rp 650 billion (US$65.5 million) manganese smelter.
An email statement from the Energy and Mineral Resources Ministry said the NTT provincial government and the Kupang regency government had signed the agreement on Wednesday.
"The smelter will produce Ferro Manganese, Silicon Manganese and Ferro Nickel Chrome, among others," the statement said.
The products can be used for steel, batteries, ceramics and the production of chemicals. The plan will cover activities in surrounding regencies with a volume of about 1,000 tons a month, and a smelter construction with an installed capacity of 60,000 tons a year.
The Mangan consortium includes local and foreign companies: PT. AGB Mining, PT. Pusaka Pertambangan Mina, PT. Berkah Kencana Sakti, CV. Jasindo Utama and South Korea's J.S.K. International Co. Ltd
Source: Jakarta Post
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