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Related News

  • IFC close to $2.7bn debt refinancing for Mozambique's Nacala railway 2016-10-07
    The International Finance Corporation, part of the World Bank, expects to close a $2.7-billion debt refinancing for the Nacala Corridor railway project in Mozambique early next year, a senior IFC official said on Friday. The refinancing could help to ease balance sheet pressure on Brazilian miner Vale which is developing the railway and a coal mine in the region.
  • Vale says rail delay limits new iron mine output to 75m tonnes 2016-09-20
    Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
  • Vale says rail delay limits new iron-ore mine output to 75mt 2016-09-20
    Brazil's Vale said on Monday output from its new S11D iron-ore mine in the Amazon region will be limited to 83 percent of full capacity as efforts to preserve cash and limit transport disruptions crimp a needed railway expansion. The $14.3 billion project, Vale's biggest-ever investment, was widely expected to produce up to 90 million metric tonnes a year of iron-ore - the key ingredient in steelmaking - after a two-year ramp-up scheduled to begin by year-end.
  • Brazil grants Vale licence for Amazon iron-ore mine rail branch 2016-09-17
    Brazil granted Vale a ten-year licence to operate a 101-km branch line connecting its $14.3-billion S11D iron-ore mine project in the Amazon jungle to the Carajas Railway, the company said in a statement on Friday. The Carajas Railway branch will allow Vale, the world's largest iron ore exporter, to haul S11D's output to the Port of Ponta da Madeira in Sao Luis, Brasil to ships that will load the product for export.
  • Brazil's Coelho says Samarco may resume operations subject to conditions 2016-09-15
    Brazil's Samarco Mineração will be able to resume iron-ore mining operations should co-owners Vale and BHP Billiton come through with promised investments, Mining and Energy Minister Fernando Coelho said on Thursday. Samarco had operations halted last November, when a tailings dam at the mine burst and unleashed a mud flow that killed 19 people, left hundreds homeless and polluted a major river.

PT Inco Information

  • General 2015-05-10
    This is the largest nickel laterite operation in the world. Although Dutch explorers sampled the nickel laterite near Lake Matano on Sulawesi Island in the early 1900s, it was not until 1968 that PT Inco officially began operations in Indonesia. PT Inco is 58% owned by Vale Inco and 20% by Sumitomo Metal Mining of Japan. 20% is publicly owned and the remainder is held by 4 other Japanese companies.

Nearby Locations

Nearby Location News

  • Awak Mas gold confirmed as epithermal 2016-09-14

    A geological review at One Asia Resources’ Awak Mas Gold Project in Indonesia has confirmed that the gold mineralisation has an epithermal origin. While this is not expected to change the existing resource, it will guide brownfields expansion potential and adds the potential for new regional targets.

  • Improved economics in new Awak Mas study 2016-05-19

    An updated prefeasibility study (PFS) for One Asia Resources’ Awak Mas Gold Project in Indonesia shows improved economics for the main deposit and two satellite deposits. There have been material improvements in capex, cash cost and net present value (NPV).

  • Antam and Inalum plan alumina refinery 2016-05-05

    PT Aneka Tambang (Antam) and PT Indonesia Asahan Aluminium (Inalum) have signed a joint venture agreement (JVA) to develop a smelter grade alumina refinery (SGAR) in conjunction with Aluminium Corporation of China (Chalco). The plant is likely to be built in West Kalimantan, Indonesia.

  • ASX: ANTAM Commences Ferronickel Production from the New Electric 2015-06-18
  • ASX: ANTAM SWITCHES ON FURNACE-4 OF P3FP 2015-04-24

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