Indonesia steel plant

About this project
The plant will be located in Jambi, Sumatra. Permits, EIA has been duly obtained and done. Indonesia Zhanyu MIS mining area has a mining right area: 150 square kilometers; exploration area: 11 square kilometers; proven reserves: 570 million tons; and prospective reserves of 2 billion tons. Production scale: an annual output of 15 million tons of iron concentrate, and a 6 million tons capacity of iron concentrate mining and magnetic washing plant has been built in the first phase. Polymetallic concentrate content: total iron 57%, titanium dioxide 12%, vanadium pentoxide 0.7%. Mine valued at US$2.6-3.3 billion.