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Newmont Not Planning Wake "Smelter"

Kuta, Bali, 11 / 7 (AFP) - Mining companies of PT Newmont Nusa Tenggara (NNT) is working on copper and gold mining Batu Hijau, West Sumbawa, West Nusa Tenggara, expressed no plans to build a mining smelter (smelter) in Indonesia.

"From the results of a study of smelter mentions that Newmont is not feasible to build smelter in the country because they have no expertise in that area," said Public Relations Manager NNT, Kasan Mulyono in Kuta, Bali, Sunday.

Another reason, more Kasan, Newmont rate of development of investment funds require a large smelter. To build a processing plant konsenrat gold and other mining products need a minimum capital of 600 million U.S. dollars or about Rp5, 5 trillion.

However, according to Kasan, his side still doing consultations with the governments that wish to mine in the domestic industry could build a smelter.

According to Kasan, concentrate production PTNNT some also were sent to the smelter in Gresik, East Java.

In addition to Gresik, according to Superintendent Tailings Management System Nugroho Adi NNT, NNT mineral concentrate production was also sent to Japan, South Korea, India, Australia and Europe.

From the concentrate smelting process that will produce gold, copper and silver, he said.