Latest News:  
Beijing   Thundershower/Overcast    29 / 23 ℃  City Forecast

English>>Foreign Affairs

Chinese company to build 600 mln USD ferronickel smelter in Indonesia

(Xinhua)

08:01, August 10, 2012

Jakarta, Aug. 10 (Xinhua) -- China's Dafeng Port Group will invest up to 600 million U.S. dollars to build a ferronickel smelter in Kendari, capital of Southeast Sulawesi province, an executive said here Thursday.

The smelting plant, occupying an area of around 600 hectares, will produce 200,000 tons of ferronickel alloy a year, said group president Ni Xiangrong.

Construction of the plant is expected to be completed at the end of next year.

Besides the ferronickel smelter, Dafeng Port Croup also plans to build a coal-powered electricity plant with a capacity of 360 megawatt.

Nin Naixuan, president of PT Nobel Mining, Dafeng Port Croup's local partner, said the building of a smelter will surely increase the employment opportunities, promote local economic growth and boost trade between Indonesia and China.

Dafeng Port Croup's Ni expressed the belief that building a smelting plant in Indonesia would benefit China, saying, " Ferronickel produced from this project will be an alternative supply for stainless steel producers in China."

Nickel, a bright metal that has low conductivity and is resistant to corrosion, is mainly used in the production of stainless steel, magnets, rechargeable batteries, coinage and electric guitar strings.

More special coverages

More special coverages

Email|Print|Comments(Editor:姚春、张茜)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Joint trainings held to test combat capability

  2. Volcano erupts on New Zealand's North Island

  3. Has the bear outstayed his welcome?

  4. Chinese celebrate "Liqiu" with food

  5. How terrible! When women get drunk

  6. 5 Tips for Better Parade Photography

Most Popular

Opinions

  1. Fearing others' rise offers path to eventual doom
  2. Ocean-lapped Japan wary of China's power
  3. Editorial: Reducing grain loss
  4. Who compels Annan to resign?
  5. How can Japan get rid of sense of frustration?
  6. Review on China's economic situation in first half
  7. Gaza Strip biggest loser of insecurity in Sinai
  8. Editorial: Test for Budget Law
  9. Why U.S. veteran go on shooting rampage?
  10. Officials, you are not above the people

What's happening in China

National Fitness Day celebrated around China

  1. One-child parents get more support
  2. Old views are changing on overseas education
  3. Typhoon chasers use weibo to help public
  4. 2 million on the move as Haikui makes landfall
  5. Drainage systems struggle to cope

China Features

  1. Boxing in China II: A Tale of Two Decades
  2. Fortune 500 Chinese companies not strong
  3. Why Hollywood favores China's actresses?
  4. Dongfeng Honda to recall 76,000 CR-Vs
  5. How to protect yourself during heavy rainstorms?

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai