Asset Report

Weda Bay nickel operation

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15 February 2021

Weda Bay nickel operation

Report summary

Halmahera is a sparsely populated island in the Moluccas Province, 2,500km east of Jakarta and 400km west of the city of Sorong in Irian Jaya. The concession is located on the Weda Bay that is a potential deep water port. The original goal, following a detailed study completed in 1994, was to build a ferro-nickel smelter at Sorong to take advantage of competitively priced natural gas as the energy source. Eramet subsequently evaluating a proprietary atmospheric leaching route to produce separate nickel and cobalt carbonates for sale. Ultimately, Tsingshan formed a JV with Eramet and a new industrial park (akin to the Morowali Industrial Park) commenced construction in 2018. The initial plan is to produce 30kt Ni/a in NPI, although ultimately the production levels will be +90kt Ni with other partners e.g. Zhenshi.

Table of contents

  • Mining
  • Process

Tables and charts

This report includes 4 images and tables including:

  • Cashflow

What's included

This report contains:

  • Document

    HmhNi.xls

    XLS 730.50 KB

  • Document

    Weda Bay nickel operation

    PDF 1.09 MB

  • Document

    Weda Bay nickel project

    ZIP 1.20 MB