It is reported that the first phase of the high-nickel iron project in the Weidabei Industrial Park of Indonesia's small K island has 12 submerged arc furnaces. It was originally planned to be put into operation in three batches, with 4 submerged arc furnaces in each batch.
At present, the first batch of 4 units and the second batch of 2 units have been put into production, of which the third batch of the second batch is expected to be put into operation around the end of August. According to market news, the third batch of 4 furnaces has now entered the final commissioning stage, and the first furnace is expected to be put into production in August. Shengtun Mining Group is the largest controlling shareholder of the third batch of high nickel iron projects.
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