Vale Indonesia signs deal with Shandong Xinhai, Baowu for $2 bln nickel project
11 September 2022JAKARTA - Nickel miner PT Vale Indonesia on Tuesday signed an investment deal with China's Shandong Xinhai Technology Co. Ltd and China Baowu Steel Group Corp. Ltd to develop Vale's project on Sulawesi island.
Vale Indonesia's chief executive Ferbiany Eddy at the deal signing ceremony said the project would cost around $2.1 billion and is due to be completed in 2025.
Related
-
Alkhorayef awarded $459.8m O&M Contracts from NWC
19 April 2024
-
Concor Gets To Work On Johannesburg Office Buildings
19 April 2024
-
Constuction Begins On Sandton Gate Phase Two In South Africa
19 April 2024
-
Avaada Energy wins 250 MW solar-wind hybrid tender with $0.042/kWh bid
19 April 2024
-
Morocco seeks strategic help in upgrading 20 airports
19 April 2024
-
UK Firm Plans 25MW Solar Plant In Nigeria
19 April 2024