Bloomberg News

Sumitomo Metal, Vale Consider Building Nickel Plant in Indonesia

January 31, 2013

Sumitomo Metal Mining Co. (5713), Japan’s top nickel producer, said it has joined PT Vale Indonesia Tbk (INCO) on a pre-feasibility study for a nickel processing plant in Indonesia.

The companies also started an environmental impact assessment, Tokyo-based Sumitomo Metal said in a statement today. Sumitomo Metal owns a 20.09 percent stake in Jakarta- based Vale Indonesia.

To contact the reporters on this story: Jae Hur in Tokyo at jhur1@bloomberg.net; Ichiro Suzuki in 東京 at isuzuki@bloomberg.net

To contact the editor responsible for this story: Brett Miller at bmiller30@bloomberg.net


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