PT Aneka Tambang Tbk : Antam Switches On Feni II Smelting Plant
04/12/2012| 09:57pm US/Eastern
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FOR MORE INFORMATION PLEASE CONTACT:
Ir. Tedy Badrujaman, MM (Corporate Secretary)
Tel : (6221) 789 1234
Fax : (6221) 789 1224
Email :
corsec@antam.com
Website: www.antam.com
For Immediate Release
Jakarta, April 12th, 2012 - PT ANTAM (Persero) Tbk
(IDX: ANTM; ASX: ATM; Antam) is pleased to announce it has
switched on the FeNi II ferronickel smelter following the
completion of its optimisation program. The optimisation on
FeNi II began Janu- ary 21, 2012. Switch on of the smelter
begins today on April 12,
2012 during an o?cial ceremony held at Antam's Southeast
Su- lawesi Nickel Mining Business Unit at Pomalaa in
Southeast Sula- wesi. The optimisation program ?nished
earlier than expected and costing less than the budgeted
Rp187 billion. Antam partial- ly funded the optimisation
program from the Rupiah denomi- nated bonds issued at the end
of last year. Following the switch on, the load will
gradually be increased and a return to full load is expected
by May 2012. Antam aims to increase the operati- onal
e?ciency and safety level of the smelter following the opti-
misation program.
Antam's President Director, Alwinsyah Lubis said:
"The optimisation of FeNi II smelter is part of our strategy
to improve operational e?ciency and safety level. Soon, we
will also begin the modernisation and optimisation project of
FeNi I smelter, which includes the development of a 2 x
30MW coal ?red power plant, increasing the capacity of FeNi
smelter, the development of Rotary Kiln 4 and upgrades of
supporting facilities such as the jetty and belt conveyor."
The 75-days optimisation program included the replacement of
the furnace roof, utilising an improved design as well as the
op- timisation of the furnace sidewall through the
reinforcement of the copper cooler system to improve the
e?ciency of the ener- gy use. Antam also plans to install Gas
Cleaning Technology si- milar to Furnace-3 to reduce the
emission level of the smelter. Despite the 75-days
optimisation program, Antam maintains its ferronickel
production target of 18,000 tons of nickel contained in
ferronickel (TNi) in 2012.
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