Technip awarded contract for Weda Bay nickel plant
Tuesday, October 23 2007 - 08:03 AM WIB
French engineering firm Technip announced Tuesday it has been awarded by another French mining firm Eramet a contract of the engineering studies and assuming a go-ahead decision of the general contracting services for Weda Bay laterite treatment plant on the island of Halmahera.
The contract covers the treatment plant and associated infrastructures.
The plant will be based on a hydro-metallurgic process developed by Eramet and will produce around 60,000 tons of nickel and 3,500 tons of cobalt per year. The total investment on the project should amount to approximately USD 2 billion. The plant is expected to come on stream in 2013.(alex)