“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Saturday, November 03, 2007

Vale Reviews Unit's Plans to Build Nickel Smelters in Indonesia

By Bambang Dwi Djanuarto and Leony Aurora

Nov. 2 (Bloomberg) -- Cia. Vale do Rio Doce, the world's second-largest nickel producer, is reviewing plans by its Indonesian unit to build smelters at two projects pending an assessment of the amount of mineral reserves.

Vale, based in Rio de Janeiro, is examining whether output from PT International Nickel Indonesia's projects in Bahudopi in Central Sulawesi and Pomalaa in Southeast Sulawesi will support smelters, Roberto Castello Branco, Vale's director of investor relations, told reporters in Jakarta late yesterday.

PT Inco, as International Nickel is known, said in March that it may build a $500 million mine and processing plant in Bahudopi by 2010 and is looking at a possible plant in Pomalaa. Nickel prices have fallen 37 percent in London from the record $51,600 a metric ton of May 4, 2007.

``It depends on the economic scale'' of the projects, Branco said. ``It takes time to do'' the analysis and feasibility studies to determine whether the projects are economically viable, he said.

Vale took control of PT Inco in October last year in its C$15 billion takeover of Canada's Inco Ltd. PT Inco, Indonesia's largest metal producer by market value, more than doubled profit in the third-quarter of the year to $265.5 million, the company said on Oct. 26. Production climbed 11 percent to 19,100 tons in the three months.

To contact the reporter on this story: Leony Aurora in Jakarta at laurora@bloomberg.net

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