PT Antam (Persero) Tbk

ANTAM Signs EPC Contract of Electrodes Equipment Supply of The Electric Smelting Furnace No. 4 (ESF–4) of The Pomalaa Ferronickel Plant Expansion Project
Home arrow News, Reports and Presentations arrow News Releases

Jakarta, July 30th, 2013 - PT ANTAM (Persero) Tbk (ASX - ATM; IDX - ANTM; ANTAM) announces today the company has signed an Engineering, Procurement and Construction (EPC) contract of electrodes equipment supply for the Electric Smelting Furnace Number 4 (ESF-4). The EPC contract was signed with SMS Siemag Germany and is part of the Pomalaa Ferronickel Plant Expansion project. The EPC contract costs EUR5.45 million or approximately Rp75 billion with estimated construction period of 18 months.

ANTAM’s President Director, Tato Miraza, said:
"The supply of ESF-4 electrodes by SMS Siemag reflects our commitment in utilising a modern, safer and more practical technology in the operations of the new furnace."

The ESF-4 facility has an installed capacity of 38MW with ferronickel production capacity of around 9,450 TNi per year. Construction of ESF-4 is estimated to take a maximum of 22 months.

Inline with development of ESF-4 and Ore Preparation Line-4, both of which are part of the Pomalaa Ferronickel Plants Expansion project, ANTAM expects annual ferronickel production at Pomalaa may increase to 25,000-27,000 TNi from previous production levels of 18,000-20,000 TNi with the assumption of 1.9% nickel ore feed.

Print
 
Why Invest in Antam Annual Financial Highlights Reserves & Resources Sustainable Development
Current Share Price
Last1105
Change-15
Open1130
High1130
Low1090
Volume376155
Date19 AUG 2019 11:28:23
Detail
Currency Rate
Currency Sell Buy
AUD96449632
EUR1576415747
JPY134133
SGD1026710252
USD1421314198
Precious Metals Prices

PT Antam (Persero) Tbk

Base Metals Prices

PT Antam (Persero) Tbk