“ … 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.)

Wednesday, September 07, 2011

French Miner Eramet to Invest $450m in Halmahera Nickel Project

Jakarta Globe, Camelia Pasandaran, September 07, 2011

Related articles

In a move expected to give eastern Indonesia an economic boost, a French mining group plans to invest in a nickel mining project in North Malaku.

“Eramet will have spent around $450 million on this project before the final investment decision,” Eramet’s chairman and chief executive officer, Patrick Buffet, said on Wednesday after meeting with President Susilo Bambang Yudhoyono.

The $450 million is part of the first phase of a $6 billion investment that would develop a nickel and cobalt mine as well as a processing plant on North Malaku’s Halmahera Island, he said.

He added that Eramet would provide a complete investment plan for the project by the end of 2012 after settling permits and agreements on key issues with the Indonesian government.

After the first phase is complete, the Weda Bay Nickel project is expected to produce 35,000 tons of nickel a year. After the second phase, that should increase to 65,000 tons. Buffet said the project could employ about 6,000 people.

It will include the development of several mining centers in Halmahera, a hydro-metallurgical plant and facilities that provide electricity, water treatment and other basic infrastructure like roads and housing.

Hatta Rajasa, the coordinating minister for the economy, said the president welcomed the plan.

“This is one of the biggest investments in eastern Indonesia and will support the government’s Master Plan for the Acceleration and Expansion of Indonesia’s Econo mic Growth,” Hatta said.

Energy Minister Darwin Zahedy Saleh said the project should be completed by 2015.

Eramet has mining operations in New Caledonia for nickel and in Gabon for manganese.

Weda Bay Nickel is a joint venture with Japanese trading house Mitsubishi and Indonesian state-owned miner Aneka Tambang, commonly known as Antam.

Eramet holds a stake of 54 percent, Antam 10 percent and Mitsubishi the remainder.

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