- Breaking News daytime dramas
- Breaking News Ask Amy: Planning Second Wedding is Just as Stressful
- Breaking News Growing Older: Handling grief during the holidays
- Breaking News Guest commentary: Betraying the California Dream
Rio Tinto says close to Indonesia deal
0 Comments | AFP, August, 2008
JAKARTA (AFP) — Anglo-Australian mining giant Rio Tinto said Thursday it hopes to sign a contract with Indonesia later this year for the development of a major nickel concession in Sulawesi.
Rio Tinto Indonesia president Omar Anwar told reporters after a meeting with Indonesian Vice President Jusuf Kalla that the company hoped to start producing nickel at the project in 2010 with full operation by 2015.
The company says it has an estimated 162 million tons of laterite nickel ore at its Sulawesi project, and its development could put Rio Tinto into the top 10 global nickel producers.
It plans to spend 1.97 billion dollars developing the concession.
- Dow Jones Newswires contributed to this story -
© 2008 AFP
Premium Content Partnership |
MyWire provides an in-depth online archive library of reference works.
- Portfolio forecasting tools: what you need to know
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Empirically assessing the impact of BPR on banking firms
- Traction Named #1 Interactive Agency for 2009 by BtoB Magazine
- Halo Debt Solutions, Inc. Gives Debt Settlement a Face-Lift
- Banking technology, technological learning and competition: comparative case studies in Thai banking
- Why fly solo when an executive assistant can accelerate your CLNC® business?
- ECR Software Corporation Wins Vitamin Retailer Magazine 'Vity' Award