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Aneka Tambang kicks off construction of Halmahera Timur ferronickel project

JAKARTA ( – PT Aneka Tambang Tbk (IDX:ANTM; ASX:ATM), Indonesia’s state owned gold and nickel producer, has begun the construction of its ferronickel project in Halmahera Timur (East Halmahera), in North Maluku province, on Apr 25, marked by the installation of first piling.

The development of new ferronickel plant is part of the company’s efforts to support the downstream mineral industry development in the country.

President Director of Aneka Tamabng Tedy Badrujaman said Halmahera Timur (Haltim) ferronickel plant is the fourth ferronickel plant owned by the company, after first ferronickel plant (FeNi I) which was introduced in 1976 and FeNi II in 1995 and FeNi III in 2007.

In the past four decades, Aneka Tambang continued to add the value of its mineral products. The latest FeNi plant, k nown as P3FH, will support Aneka Tambang’s target to produce 40,500-43,500 tons of nickel in matte (TNi) per annum.

Haltim FeNi plant will have capacity to produce 13,500 TNi per annum.

The EPC (engineering, procurement and construction) of the project is handled by PT Wijaya Karya Tbk (IDX:WIKA), a state-owned listed construction company along with its parnter Kawasaki Heavy Industries, Ltd. (WIKA-KHI). The EPC contract was signed on Dec. 21, 2016. (*)

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