Jakarta (ANTARA News) - Nickel miner PT International Nickel Indonesia (Inco) expects to start the construction of a new dam, called the Karebbe dam, on the Larona river in the Indonesian province of South Sulawesi, which will increase its hydroelectric power-generating capacity by 90 megawatts or 33 pct, company president Arif Siregar said.
"We're now waiting for the final clearance letter from the Forestry Ministry, which we expect to receive soon. If everything goes as planned, we could begin constructing the dam next month and it should be completed in 2009," Siregar was quoted by Thomson Financial as telling reporters.
His company estimates that the cost of building the dam is 280 million US dollars.
Siregar said he expected that, once the dam was completed, his company's output would increase to 200 million pounds of nickel in matte in 2010 from the 60-165 million pounds forecast for this year.
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