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China Nickel plans to invest $450 million steel industry in Indonesia

Saturday, September 22nd, 2007

China Nickel Resources Holdings Co Ltd plans to invest $450 million to develop a steel factory in Indonesia’s East Kalimantan province, a senior Indonesia government official said late on Thursday.
The steel factory will have the capacity of 1 million tonnes of billet and slab — semi-finished materials used in the production of hot-rolled-coils, which in […]

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