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Manganese alloy smelting facility, Malaysia

19th July 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Manganese alloy smelting facility, Sarawak, Malaysia.

Client
Assmang, a joint venture between Assore and African Rainbow Minerals (ARM), together with China Steel Corporation and Sumitomo Corporation.

Project Description
The proposed project plans to produce about 169 000 t/y of manganese alloy for Asian and other neighbouring markets.

Value
Not stated.

Duration
Construction work is scheduled to begin in early 2014 and will be completed in 2016.

Latest Developments
ARM, China Steel Corporation and Sumitomo Corporation have completed a definitive feasibility study to establish the financial viability of a manganese alloy smelting facility in Sarawak.

The companies have further begun discussions regarding a planned equity participation in the project.
Assmang will supply manganese ore for the project; China Steel will buy an estimated 30 000 t/y of the manganese alloys produced; and Sumitomo Corporation will coordinate the project and sell manganese alloy in specific markets.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
ARM head of investor relations and corporate development Jongisa Klaas, tel +27 11 779 1507 or
email jongisa.klaas@arm.co.za.
Sumitomo Corporation corporate communications department, tel +81 3 5166 3100.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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