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Print[Ferro-Alloys.com]On June 25th, it was acknowledged from Development and Reform Commission of Jiaxing city,Zhe Jiang province that, the project of Zhenshi Holding Group to invest in Indonesia PT. Fajar Bhakti Lintas Nusantara Co., for smelting FeNi was approved.
The FeNi project, located at Indonesia’s Gebei Island in Maluku province, would produce 80,000tons ferronickel every year by using the nickel ores in the Gebei mines. The total investment and capital fund was USD$ 56million and USD$ 20million, including USD$14million invested by Zhenshi Group and USD$6million from foreign parts. The whole producing line including one 350 cubic lime kiln, four furnaces, and 6 vertical sintering furnaces and 2 belt sintering furnaces as well as the blast furnace gas power generation facilities.
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