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[Ferro-Alloys.com] According to Djakarta news, an official in Indonesian Mining Ministry claimed that the government plan to build at least 7 new ferronickel smelters in 2016, coupled with 8 smelters this year.

Indonesia’s mining ministry has received applications for smelter permits from at least 30 companies but several of the projects have been postponed or delayed, a mining ministry official who asked to remain anonymous.

Several need refinancing because investors have stopped. Most are from China and China is in crisis, he said on Wednesday. If they are built they won’t be economical so they are waiting.

• [Editor:Juan]