ID :
164184
Sat, 02/26/2011 - 10:54
Auther :
Shortlink :
https://oananews.org//node/164184
The shortlink copeid
ASIA MINERALS TO SET UP MANGANESE PLANT IN SARAWAK
KUCHING (Sarawak, Malaysia), Feb 26 (Bernama) -- Hong Kong-based Asia Minerals Ltd (AML) plans to build a manganese smelting plant in the East Malaysia state of Sarawak Corridor of Renewable Energy(SCORE), located at the state's Samalaju Industrial Park in Bintulu.
"The setting up of the plant within SCORE would attract multi-billion ringgit investments," said Chief Minister Abdul Taib Mahmud.
Taib said this at the Associated Chinese Chamber of Commerce and Industry Chinese New Year celebration here Friday night.
Meanwhile, Deputy Chief Minister Dr George Chan said AML would invest about RM2 to RM3 billion to set up the plant. (US$1=RM3.05)
Dr Chan, who is also the state Industrial Development Minister, said manganese was needed in many industries, such as the steel.
He said the manganese industry needed uninterrupted and cheap power.
"Investors will come in when the power is available. We will offer them competitive and more stable power price which will not fluctuate," he said.
Dr Chan said Sarawak's power producing potential has given the state the edge in attracting power-intensive industries such the manganese industry.
"The setting up of the plant within SCORE would attract multi-billion ringgit investments," said Chief Minister Abdul Taib Mahmud.
Taib said this at the Associated Chinese Chamber of Commerce and Industry Chinese New Year celebration here Friday night.
Meanwhile, Deputy Chief Minister Dr George Chan said AML would invest about RM2 to RM3 billion to set up the plant. (US$1=RM3.05)
Dr Chan, who is also the state Industrial Development Minister, said manganese was needed in many industries, such as the steel.
He said the manganese industry needed uninterrupted and cheap power.
"Investors will come in when the power is available. We will offer them competitive and more stable power price which will not fluctuate," he said.
Dr Chan said Sarawak's power producing potential has given the state the edge in attracting power-intensive industries such the manganese industry.
