Reuters reported that Indonesia has launched a new 1.8 million tonne capacity nickel smelter factory in Southeast Sulawesi Province. The smelter is located in PT Virtue Dragon Nickel Industry park in Morowali Utara county in Central Sulawesi province. Built with an estimated investment of USD 2.7 billion, the facility was developed by PT Gunbuster Nickel Indonesia, a unit of China’s Jiangsu Delong Nickel IndustryIt has been equipped to process 13 million tonnes of nickel ore annuallyLast year, the Indonesian government banned exports of nickel ore to persuade investments from foreign companies in smelters. The country plans to halt exports of nickel raw materials followed by bauxite raw materials.
Reuters reported that Indonesia has launched a new 1.8 million tonne capacity nickel smelter factory in Southeast Sulawesi Province. The smelter is located in PT Virtue Dragon Nickel Industry park in Morowali Utara county in Central Sulawesi province. Built with an estimated investment of USD 2.7 billion, the facility was developed by PT Gunbuster Nickel Indonesia, a unit of China’s Jiangsu Delong Nickel IndustryIt has been equipped to process 13 million tonnes of nickel ore annuallyLast year, the Indonesian government banned exports of nickel ore to persuade investments from foreign companies in smelters. The country plans to halt exports of nickel raw materials followed by bauxite raw materials.
