perlu diingat bahwa supply nickel dunia juga akan bertambah dengan
beroperasinya 2 proyek di 2008 :
BHP's Ravensthorpe (1st quarter 2008), dengan kapasitas produksi 50.000ton/tahun
CVRD-INCO Goro Project (end of 2008), dengan kapasitas produksi 60.000ton/tahun
kedua proyek tersebut tengah dalam proses konstruksi
in the mean time, dari sekarang at least sampe 2008, supply nickel dunia masih
defisit.
so.. enjoy the ride guys. saya pribadi lebih suka ANTM daripada INCO (yang
memiliki bottleneck di kapasitas produksi-nya, at least hingga beroperasinya
karrebe dam project di 2011 - itu juga kalo proyeknya jadi jalan, masi ada
masalah lingkungan hidup). pasca komersialisasi Feni III, nickel business
accounts for approximately 75%-80% the company's overall sales, while gold
shrinks to just 10%-15%.
Ryan Ariadi Suwarno
Research Dept.
PT Dongsuh Kolibindo Securities
Graha Irama Building Unit 6 D
Jl. HR Rasuna Said Kav 1&2
5261326
----- Original Message -----
From: Teddy Halim
Sent: Tuesday, February 20, 2007 8:14 AM
Subject: [saham] Sumitomo Metal to boost nickel
advertisement
Monday February 19, 6:22 PM
Sumitomo Metal to boost nickel production by 2013
TOKYO, Feb 19 (Reuters) - Major Japanese metals smelter Sumitomo Metal
Mining Co. said on Monday it aims to nearly double its nickel output by 2013 to
catch up with global majors such as Norilsk , the world's top producer.
Sumitomo Metal plans to boost output capacity of nickel, a key
ingredient in stainless steel, to 100,000 tonnes a year by 2013, from the
current 56,000 tonnes.
Sumitomo Metal President Koichi Fukushima told a news conference the
company was planning to spend about $1.2 billion to build a new 30,000-tonne
nickel plant to produce the raw material outside Japan.
Fukushima said the plant would be built in either Indonesia, the
Philippines or New Caledonia. Construction is scheduled to begin in 2009 and
operations to start in 2012.
The plant will adopt a high-pressure acid leach method, which is
already in use at its Coral Bay plant in the Philippines.
The method enables recovery of nickel and cobalt from low-grade nickel
oxide ore.
Fukushima said details will be formally disclosed after the start of
the new business year in April.
Coral Bay Nickel Corp. started commercial production of nickel and
cobalt in April 2005 at a plant that is now producing 10,000 tonnes of nickel
and 700 tonnes of cobalt yearly.
Last year the company said it would build a second plant at Coral Bay,
doubling nickel output to 20,000 tonnes a year.
Coral Bay Nickel is 54 percent owned by Sumitomo Metal Mining. Its
Japanese partners Mitsui and Co. and Sojitz Holdings Corp. each have 18 percent
stakes.
Rio Tuba Nickel Mining Corp., with 10 percent, is the Philippine
partner in the project.
Tight supply conditions have been boosting nickel prices.
Last week, benchmark nickel futures on the London Metal Exchange hit a
new record high of $39,350 a tonne, triggered by a drop in available stocks in
LME warehouses to less than half a day's global consumption.
Besides Sumitomo's nickel production plan, the company plans to spend
$1.2 billion by March 2010, including in the metal products business.
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