Chiyoda awarded contract for copper smelter project in RI
Wednesday, March 23 2016 - 07:48 AM WIB
Japan's Chiyoda Corporation announced Wednesday that its subsidiary, Chiyoda Singapore (PTE) Limited, has been awarded an offshore Engineering and Procurement contract for Indonesia Copper Smelter (ICS) project by PT Freeport Indonesia (PTFI).
Chiyoda said in a statement that scope of work under the US$900 million contract covers offshore engineering and procurement services for copper smelter, refinery and ancillary facilities to produce copper finished cathode by processing up to 2 million tons per year of Grasberg copper concentrates.
PTFI, a subsidiary on US-based Freeport McMoRan Copper & Golf Inč, operates the Grasberg minerals district, one of the world?s largest copper and gold deposits, in the highland areas of Mimika District, Papua Province.
The company is planning to develop copper smelter in Gresik, East Java.
Chiyoda group said it was awarded this contract due in large part to its performance in delivering many projects in materials and resource sector since the 1990s, wealth of construction experiences for copper smelter related facilities, one of which in Indonesia, and excellent technologies.
Editing by Reiner Simanjuntak
