JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) has commenced the operations of the Oxygen Plant No.5 of the Pomalaa Ferronickel Plan Extension Project (P3FP).
The Oxygen Plant No.5 was developed by an unincorporated consortium of Desung Industrial Gases Co Ltd. (Korea) and PT Koin Konstruksi Indonesia with an EPC contract of US$11 million.
The Oxygen Plant No.5 was built on time with zero accident rate. Funding for the project comes from Antam’s corporate bonds issued in 2011.
Following completion of P3FP, Antam expects annual ferronickel production at Pomalaa may increase to 27,000-30,000 TNi from previous levels of 18,000-20,000 TNi with the assumption of 1.9% nickel ore feed.