25
Aug
18:29
NICKEL, COPPER: Fortescue, Tsingshan may pump over $40 billion into Indonesia: minister
Indonesia is set to attract at least $40 billion in investments in an industrial estate for metal smelting near the planned Kayan hydropower plant on Borneo island, its government said.
The project in North Kalimantan was first announced by Indonesia’s coordinating minister for maritime affairs and investment Luhut Pandjaitain in March. This week, the official said a presentation that Australia’s Fortescue and China’s Tsingshan could invest $12 …
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