Aneka Tambang halts commissioning

Wed, 30 Mar 2005 | Source: AP

JAKARTA: PT Aneka Tambang, an Indonesian gold and nickel miner 65 percent-owned by the Indonesian government, said it halted commissioning of its FeNi II ferronickel smelter.

"Abnormal metal levels in the furnace and higher than normal temperatures at the bottom of the furnace indicated refractory loss and possible damage to bricks at the bottom of the electric furnace," the Jakarta-based company said in a statement to the Australian Stock Exchange.

Aneka Tambang said it will revise its 2005 ferronickel production target "as early as possible."-- Bloomberg

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