PT Krakatau Steel (Persero) Tbk, in Indonesia, has placed an order with SMS group for a state-of-the-art Electrics and Automation system for their hot strip mill no.1. The company, publicly listed and state-owned, operates its plant in Cilegon, Banten, Indones...
Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.